What consensus mechanism does Kaon use?
- Kaon uses a unified Delegated Proof of Stake (uDPoS) consensus mechanism. This approach combines the efficiency of DPoS with enhanced decentralization, reducing the centralization risks associated with traditional DPoS systems. Validators, or "delegates," are selected based on community voting, ensuring a fair distribution of power.
What types of nodes exist in the Kaon network?
- The Kaon network comprises three primary node types:
- Validators: Responsible for verifying transactions, reaching consensus, and adding blocks to the blockchain.
- Collators: Collect information from partner chains and generate secure messages for validators.
- Mixed Type Nodes: Combine the functions of both validators and collators, adding extra security and efficiency.
What blockchains does Kaon integrate with?
- Kaon is integrated with Bitcoin, Ethereum, and BNB Chain, with plans to support additional EVM-compatible chains. Post-launch, developers will be able to integrate other non-EVM chains.
What rewards can validators and delegators expect?
- Validators earn KAON tokens as rewards for securing the network. Delegators, who support validators by staking their tokens, receive a share of these rewards. The reward distribution depends on validator performance and any commission rates set by the validators.
Are there penalties for validators who go offline or act maliciously?
- Yes. Validators who fail to maintain uptime or engage in malicious behavior may incur penalties, which can include partial slashing of their stake. This also impacts delegators, making it essential to choose reliable validators.
How does Kaon manage and lock cross-chain assets?
- Kaon uses Multi-Party Computation with Threshold Signature Schemes (MPC/TSS) to securely manage cross-chain assets. This allows the network to control assets across different chains with minimal computational requirements, maintaining both security and efficiency.
How can EVM contracts be deployed on Kaon’s UTXO-based architecture?
- Kaon integrates Ethereum Virtual Machine (EVM) functionality within its UTXO-based model. It does this by parsing Recursive Length Prefix (RLP) transactions and enabling the use of EVM opcodes, allowing for seamless compatibility with existing EVM contracts.
Can validators interact with Kaon’s Cross Chain Transport Protocol (CCTP)?
- Yes, Kaon’s CCTP enables validators to process and validate cross-chain transactions. By combining Secure Multi-Party Computation (SMPC) and Galaxy Consensus, validators can securely and efficiently validate transactions across multiple blockchains.
What security measures are in place for Kaon’s mirroredBTC?
- Kaon’s mirroredBTC, a secure representation of Bitcoin, is UTXO native, which maintains tractability and transparency, unlike traditional wrapped BTC models. This allows Kaon to support pools of verifiably clean Bitcoin, meeting compliance requirements for institutions.
Where can I find technical documentation for setting up and managing a validator node?
- Kaon provides a comprehensive setup guide and technical documentation, along with community support on Discord and forums. This includes step-by-step instructions for configuring and managing validator nodes.