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Koinos is a general-purpose, blockchain-powered decentralized network designed to support free-to-use applications via a “Mana” system. Mana sets the price of network resources based on their opportunity cost (not tokens) and enables free-to-use dApps through Mana “delegation.” The network uses proof-of-burn as its consensus approach, aiming to improve efficiency and decentralization while promoting provable egalitarianism, resisting exchange attacks, and reducing spam. New blocks are created by hashing a private key together with the random output from a verifiable random function (VRF), then dividing by the amount of tokens burned.
Key features of Koinos:
Truly Decentralized. Koinos relies on PROOF-OF-BURN, which is designed to be highly efficient, decentralized, and provably egalitarianJust like the INTERNET. With the Koinos Mana system, users can access the blockchain without paying or even holding ANY tokens.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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