KUB Chain, developed by Bitkub Blockchain Technology Co., Ltd, and based on the high sense of utilization provided by Ethereum, supports the coding of smart contracts through the EVM and several programming languages. Its focal point is to provide a benchmark framework for talented Thai developers to be able to initiate their own blockchain-based projects to further push forward the use of blockchain in the industrial and enterprise level for Real Business Use Cases, as the company has solemnly aimed for.
Blocks in the KUB Chain are capable of being validated and placed into the chain within mere seconds, while also maintaining low gas fees for each transaction through the Proof of Staked Authority (PoSA) consensus algorithm.
KUB Chain’s roadmap begins with the PoA consensus algorithm which allows partner organizations to run the validator nodes.
The validator nodes consist of leading organizations which you can see from this link.
In the following phase, the KUB Chain is illustrated to shift from the Proof of Staked Authority (PoSA) algorithm and ultimately a full shift to the Proof-of-Stake (PoS) algorithm.
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