Review on Klaytn by erdi yılmaz
Libertarian Klaytn
Klaytn has a structure with increased processing speed and scalability, and very low transaction fees. The Klaytn protocol works with the PBFT algorithm, not with PoW or PoS. This ensures that transactions on the network are both uncomplicated and fast.
The more users on the network contribute to the network and platform, the more earnings they earn. According to the algorithm in the network, every transaction made on the network is recorded. So everyone can see all the transactions on the network. The capacity of the network is suitable for 4000 transactions per second.
Users can easily develop and manage applications on the network. The technical, database, security and software systems of the applications are worked in harmony with each other.
When creating a profile, users can choose their private key and wallet address, not just their profile and name.
Klaytn aimed to popularize both personal and corporate use. Things that could cause confusion in the blockchain system have been cleaned up.
Pros
- The structure of the project is an easy-to-use structure that eliminates the complexity of the blockchain.
- It gives users the freedom to choose their profile.
- Suitable for both corporate and individual use
Cons
- Not listed on the biggest stock exchanges that have a say in the market yet
