OVERVIEW KNOWCHAIN

OVERVIEW KNOWCHAIN

1.What is Knowchain?

a). Knowchain summary

• Knowchain is a two-layered blockchain platform that powers decentralized Applications and real world transactions by Smart Contracts and Additional Information attached on-chain.

• Decentralized Platform: Knowchain is a 2-layered blockchain that powers decentralized Applications with Smart Contracts.
• Know Layer: Know layer stores Value transferring transactions of Know units. It is governed by Delegates system following Delegated Proof of Stake consensus.
• Ano Layer: Ano layer stores information as Smart Contracts and real world data as Ano units. It is governed by the Ultranodes and Service Ultranodes system following Proof of Authority consensuses.

• Know tokens will be released on the basis of Ethereum platform. It’s compatibility of the token with third-party services wallets, exchanges etc, and provides easy-to-use integration.

b). How does the Know – Network operate?

• There are 5 types of normal transaction on Knowchain: Transfer Know, Create a smart contract (including Ano units), Attach Ano units, Request Service on Ano units and Vote for Delegates. There are also 3 special types of transaction on Knowchain: Register as Delegates, Register as Ultranodes and Register as Service Ultranodes.

• Users create transactions and broadcast to the nearest peers in Knowchain network who are running Full Nodes as Delegates.
• Delegates determine the type of transactions as 1-layered transactions or 2-layered transactions.
• If the transactions are 1-layered transactions (only in Know Layer), Delegates will add the transactions to txpool and broadcast the transactions to the Delegates who are in their turns as Validators.
• If the transactions are 2-layered transactions (will be processed in both Know Layer and Ano Layer), Delegates will add the transactions to txpool and broadcast the transactions to the Delegates who are in their turns as Validators.

c). What are Some Features of Knowchain

• Ano Layer
• Interacting On-chain
• Privacy And Utilities
• Avoiding Duplicating Data
• Energy Saving
• Very Low Fees
• Up To 100,000Tx/s
• Delegates, Ultra Nodes System

*For know project information details, click the link:

• Project website: https://knownetwork.io
• Knowchain’s Whitepaper: https://knownetwork.io/Knowchain_Whitepaper_V

2.Team and Partner

• Team: The Knowchain Team combines a passion for blockchain, technology expertise & proven record in finance, development, marketing &cryptocurrency.
• Partner:
  

3.Knowchain’sRoadmap

4.How does Join Token Sale and get Tokens free?

a). Know Token Informations:

• Total supply: 7,795,482,309 KNOW
• Tokens exchange rate at ICO: 1 ETH = 20,000 KNOW
• Minimum Investment: 0.1 ETH
• Private Sale is on with discount 50%. Minimum investment: 50ETH
• Distribution:
  

b). Get Tokens free

• Register here: https://tokensale.knownetwork.io/register?ref=6Y9IG8

c). Start and End date of Token sale:

• Private Sale is on with discount 50%. Minimum investment: 50ETH
• The Token Public Sale (ICO) is yet to launch. The date will be announced on website when it starts.

• For know details, follow Know’schanne:

• Knowchain website: https://knownetwork.io/
• Knowchain Telegram channel: https://t.me/knowchain_announcement