Review on Klaytn by Orlando Antonio
Klaytn (KLAY), offers services based on blockchain and has a good utility token to make payments from cards that support the KLAY token.
Klaytn (KLAY), is based on a proprietary network project and for offers services that enable blockchain adoption, service development and community governance. Klaytn, provides appropriate tools developed in its network, to offer good services based on blockchain technologies and for the adoption of Blockchain applications (BApps), and even wallet that fulfills the function of providing support to its native digital asset and to perform transactions. Klaytn (KLAY), is the network's own development token, its main function is to operate within the ecosystem, it is a link between the decentralized market, which allows trading on exchange platforms and function as a payment token, as this has hardware wallet based on a card and that implements good technologies, to provide asset management on it and allow high security and fast payments. Klaytn (KLAY), is a whole ecosystem that allows the participation of the community in decision making and for the good development of the network, likewise it has good partnerships with companies, its ecosystem is constantly growing due to its good community and provides a block explorer for the search of blocks executed within the network and for searches of old transactions.
Pros
- It has a stable, well-developed network, implements community governance, which enables user participation in decision making in the Klaytn ecosystem.
- The Klaytn network has developed useful tools for code compilation, network monitoring and even a wallet for storing Klaytn tokens (KLAY).
- Its native token Klaytn (KLAY), functions as finance for the ecosystem, allows trading on exchange platforms and its transactions can be searched in the block explorer developed by Klaytn.
- It offers services to companies with the implementation and adoption of blockchain technologies, also has partnerships with various companies, which help within the network to achieve the growth of the ecosystem.
- Klaytn (KLAY), has a card that works as a hardware wallet, implements chip and Qr technologies to make payments securely and easily.
Cons
- No wallet application development for mobile devices.
- There has been a sale of KLAY token, which has been branded as fraudulent, so users are urged to be careful.
