The Keninah Concord (KEN) project was designed to reshape how we save the world. It’s fast and transparent platform securely connects donors to affected individuals in real-time.
Although Solana (SOL) is known for its speed and Stellar (XLM) enables large financial institutions to transact transparently, Keninah Concord (KEN) will provide greater transparency and speed than these two platforms combined.
The article compares these three crypto projects, as well as the unique features of the Keninah Concord (KEN) platform.
The Solana (SOL) blockchain started its operations in 2017. The cryptocurrency with the ticker symbol “SOL” is the primary token of the Solana blockchain.
Solana (SOL) is a crypto platform that offers fast transaction speeds at significantly lower fees. Its open-source program allows crypto innovators to build their projects on its blockchain.
Solana (SOL) operates as a proof-of-stake blockchain. It also incorporates the proof-of-history protocol. This method of validation timestamps each transaction recorded on the blockchain.
This protocol further strengthens the security system for the Solana blockchain. Solana has successfully hosted numerous crypto projects and even metaverse integrated projects.
Stellar (XLM) is a blockchain-based platform built to act as a decentralized payment platform. Launched in 2014, it is an intermediary between financial institutions and money markets.
Stellar (XLM) offers swift transaction processing and low transaction fees. It intends to bring all financial institutions under its umbrella using blockchain technology.
Stellar (XLM) has a native token called Lumen, or XLM. Utilizing this token facilitates swift and cheap interbank and cross-border transfers. Lumen serves as a temporary settlement currency between transactions. Stellar (XLM) users can transfer funds using fiat or cryptocurrency.
Keninah Concord (KEN), however, is an innovation. It is hosted on the Binance Smart Chain and offers a fast, transparent, and feeless platform.
Keninah Concord utilizes the speed of the Binance Smart Chain network to offer its users real-time transactions. Thus, donated funds can reach their destination within seconds.
Keninah Concord (KEN) allows donors to deposit money for a particular purpose. All details involving how the funds are moved are recorded on the blockchain to ensure transparency.
Donors can track how the funds are used to help those in need. A blockchain receipt indicating how donated funds were used will be generated. Lastly, all donors will be notified once the job has been completed.
Keninah Concord maintains its feeless transactions by using a permissioned blockchain. Once a consensus is reached on the permissioned blockchain, it is recorded on the public blockchain, and a receipt is generated.
The Keninah Concord (KEN) platform will have an inbuilt currency and crypto swap. This swap protocol is handy as it converts donations in any form – fiat or crypto – into KEN tokens before they can be used within the Keninah Concord (KEN) platform.
Keninah Concord (KEN) will also be used for peer-to-peer transactions. Individuals will have a wallet on the platform. Charities can have their wallets on the Keninah platform to send funds. Individuals can also send funds to one another.
KEN tokens are the main currency for the Keninah Concord (KEN). It is still in its presale stage, unlike Solana (SOL) and Stellar (XLM).
Its presale will start on the 26th of July 2022. Participating in this presale is key to being a part of the Keninah Concord ecosystem.
Additional benefits of participating in the presale involve specific bonuses attached to certain presale conditions.
For example, participating in stage 1 of the presale using USDT-TRC-20 as the purchase currency and making the purchase within 30 minutes after signing up makes you eligible for a 14% bonus for USDT-TRC-20, a 9% stage 1 bonus, and a 40% bonus for purchase within the first 30 minutes after signing up.
These bonuses are peculiar to the Keninah Concord (KEN) token. These bonuses and the features the KEN token offers make it the best cryptocurrency to buy in 2022.
The Keninah Concord (KEN) platform is unique in the coin market. It aims at saving the world; it has the potential to remain for a long time in the coin market.
Keninah Concord (KEN)