Decentralization
Layer 1 blockchains provide a decentralized platform that is resistant to censorship and control by any single entity or authority.
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KeyTx Blockchain Network will build the most super scalable blockchain with almost zero gas fee, secure, decentralize, and environmental friendly in the future.
KeyTx Chain is a Layer 1 Blockchain using Proof of stake (PoS) is a "consensus" algorithm.
Layer 1 blockchains provide a decentralized platform that is resistant to censorship and control by any single entity or authority.
Layer 1 blockchains use cryptographic techniques to ensure the security and immutability of transactions, making them highly resistant to hacking and fraud.
Layer 1 blockchains provide a transparent platform that allows anyone to view the entire transaction history of the network
Transactions are broadcasted to the network and validated by nodes.
Validated transactions are added to a new block through the consensus mechanism.
The new block is added to the existing chain of blocks, creating an immutable.
The roadmap for a Layer 1 blockchain typically involves a plan for ongoing research, development, and upgrades to the network, as well as efforts to increase adoption and scale the network.