Finschia Project Introduction, Team, Financing and News

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Sep 12, 2024

The Kaia project, a merger between Finschia and Klaytn, has launched the v1.0.0 testnet "Kairos".

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Details

Finschia is a public blockchain developed by LINE, built on the Cosmos SDK and powered by the Ostracon consensus algorithm (combining Tendermint and VRF), with support for WebAssembly smart contracts. Its core capability is to provide a high-performance, low-cost environment for decentralized applications (dApps), while incentivizing users and developers through a contribution reward mechanism. The chain features a modular architecture emphasizing scalability and interoperability, aiming to bridge Web2 and Web3 use cases.

Tags:

Infra

Layer1

Formerly:

LINE Blockchain

Founded:

2018

Location:

Japan, South Korea

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