Layer-1 decentralized blockchain Koinos is set to launch its mainnet on Nov. 5. It will be a free-to-use platform based on a Proof-of-Burn (PoB) consensus algorithm, built to deliver more efficiency and access to developers in Web3. Formed by a group of blockchain veterans behind the Steem blockchain and steemit.com, the platform was built without venture capital funds, Initial Coin Offerings, pre-mine or any other early distribution of tokens to insiders, said the company. Ahead of the release, Andrew Levine, co-founder and CEO of Koinos Group, explained to Cointelegraph the three key ...
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