There are so many blockchain protocols out there, both good and bad, that it is difficult to detect which one of them won’t crash in the near future. Today, we’ll look at kava cryptography and how it’s used to optimize protocol growth.
KAVA Crypto believes in a Web3 future. Kava Crypto is a decentralized layer-1 blockchain that is optimized for protocol growth. According to KAVA, protocols are the most important value driver to Web3.
What is KAVA Crypto
The co-chain architecture that the Kava Network employs is developer-friendly. The lightning-fast Tendermint consensus engine and the Inter Blockchain Communication Protocol are enabled by the Cosmos Co-Chain, while support for EVM smart contracts is enabled by the Ethereum Co-Chain (IBC).
The two co-chains are interconnected by a translator module that facilitates easy interoperability, bringing the two most popular blockchain development environments together in a single, scalable network.
A native token for governance and utility on the Kava Network is called KAVA, and validators can stake it or delegate control of it to validator nodes. For safeguarding the network, stakers and delegators are rewarded with 37.5% of all KAVA emissions. Those who stake kava can also vote.
How is KAVA Optimized for Protocol Growth
On Wednesday, the Kava Crypto Network team tweeted that the mainnet launch of Kava 11 would take place on October 12. The team added that this was done to allow for multiple Tier-1 protocol deployments. Previously, the mainnet for Kava 11 was supposed to launch on August 31.
Kava 11 is expected to include features including Protocol Owned Liquidity, the Kava Earn, Kava liquid staking, and Metamask compatibility for all Kava transactions. Kava crypto is an extensible Layer 1 with an EVM that is designed for protocol expansion.
Being an interoperable Cosmos-Ethereum EVM with reduced developer resources, it is geared for protocol expansion through complex developer documentation. Kava offers stablecoins and decentralized lending against all significant crypto assets with the goal of becoming the standard DeFi platform. KAVA is now active.
The Kava Network utilizes a developer-optimized co-chain architecture that delivers the development power of Ethereum and the scalability, interoperability, and low transaction fees of Cosmos in a single network.
With the help of the EVM-compatible Ethereum Co-Chain or the Cosmos Co-Chain, developers may build and deploy on any of the two most popular permissionless execution environments in the world using the Kava Network.
- On-Chain Incentives: The top projects and developers in every Web3 vertical (including DeFi, GameFi, and NFTs) will receive a fair return in the form of a stake in the network’s value and governance thanks to a transparent and decentralized on-chain incentive architecture.
- Seamless Interoperability: Developers can use Cosmos SDK protocols and Solidity smart contracts in the same network, linking their product to every significant asset and millions of users.