Audit Date: 27 September 2022
ECOSYSTEM SCORE
27 September 2022
72
ALERTS
Aug 22, 2022

Issue impacting use of KAS APIs was down for 31minutes

Aug 01, 2022

Issue impacting Baobab data of Token History API resolved

Aug 01, 2022

Issue impacting Baobab data of Token History API

Jul 28, 2022

Issue impacting Baobab data of Token History API July27,2022

REVIEW NOTES
Jul 06, 2022

Protocol score is decresed due to no data of slack and ticket system

Jun 22, 2022

Add-ons is decreased due to no data of Intellij and VSCode

Jun 21, 2022

Foundational tools score is decreased due to SDKs and programming languages

PERFORMANCE
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100
NODES

36 nodes

WRITE SPEED

1 ms

READ SPEED

1,283 ms

GAS FEES

17,040,000 gwei

UP TIME

100%

PERFORMANCE MATRIX VALUE MONITORED AT
Gas Fee 17,040,000 gwei
Write Speed 1 ms
Read Speed 1,283 ms
Uptime Percentage 100%
Node Count 36 nodes
Reddit Total Members Online 104 members
Reddit Total Members 1,500 members
Discord Total Subscribers Online 642 subscribers
Discord Total Subscribers 16,384 subscribers
Telegram Err 0 err
Telegram Total Subscribers Online 598 subscribers
Telegram Total Subscribers 29,329 subscribers
Telegram Ppm 0 ppm
Telegram Views Per Post 0 views
FOUNDATION TOOLS
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35
ESSENTIAL TOOLS
PROGRAMMING LANGUAGE SUPPORT
SDKs
DOCUMENTATION
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75
API DOCUMENTATION

Exists

100
NODE SETUP

Exists

100
SKELETON CODE

Exists

100
VALIDATOR NODES

Doesn't Exists

GRANT PROGRAM
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0
AVAILABLE GRANT

N/A

ADD-ONS
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81
THIRD PARTY SERVICES
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100
PROTOCOL SUPPORT
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60
ADOPTION
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100
DEVELOPERS

765

REPOSITORIES

51

COMMUNITY
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100

Overview

Klaytn is a public blockchain with GameFi, metaverse, and the creator economy as its areas of focus. In 2019, Klaytn launched its mainnet, which features the characteristics of both public and private blockchains. Klaytn is a dominant blockchain protocol in South Korea and is aggressively growing as a business.

All business expansion activities undertaken by Klaytn receive financial support from the Klaytn Growth Fund, managed by the Klaytn Foundation, a Singapore-based non-profit organization established to ensure and accelerate sustainable growth for Klaytn.

Klaytn was established with the aim of encouraging the widespread adoption of blockchain technology. Klaytn offers high-performance, rapid response time and flexible, scalable solutions that meet the needs of micro-startups to large-scale enterprises.

About Klaytn

Klaytn is a highly optimized, BFT-based public blockchain protocol. This service-centric blockchain aims to offer enterprise-grade reliability with characteristics such as immediate finality, high TPS, low-latency network responsiveness, transaction fee subsidization for end-users and flexible scalability through Service Chains. KLAY is the native digital asset that secures and powers the Klaytn protocol. Klay can be used in many different ways: as a medium of exchange, transaction fees, collateral for secondary tokens, and for staking.

Consensus Mechanism

Klaytn employs an optimized version of Istanbul BFT as its consensus mechanism to solve the problems of latency and scalability. The protocol has three types of nodes: EN (Endpoint Nodes), PN (Proxy Nodes) and CN (Consensus Nodes). Consensus nodes are responsible for block generation and are managed by CCOs (Core Cell Operators). The generated blocks then undergo verification by every node in the network.

Key Features

  • Klaytn is ideal for metaverse-based projects because it offers technical, managerial and financial support for such initiatives.
  • Klaytn establishes itself as highly efficient and consumer-friendly with its one-second transaction finality.
  • The protocol supports Ethereum equivalence.
  • Low gas price— almost one-tenth of Ethereum.
  • The Klaytn main chain can handle approximately 4,000 TPS.

Founder

Jaesun Han is the founder and CEO of Kakao’s blockchain arm, Ground X, which developed Klaytn in 2019.

Popular Use Cases

  • Pibble is a blockchain-based social media platform that rewards content creators.
  • HAWK is an intelligent travel platform for e-scooter sharing.
  • Nova wallet is a cryptocurrency wallet.
  • KLAYstation is a staking tool running on Klaytn.
  • BlockNation.XYZ is a Unity-powered 3D game world.