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Kunpeng public chain solves the problems of long ecological chain and information asymmetry of the Internet of Things by opening up all links of the upstream and downstream industrial chains of the global Internet of Things industry. KPG adopts the UTXO model, which can more flexibly implement functions such as multi-signatures compared to the account model of Ethereum. At the same time, the UTXO model also has advantages in concurrent verification; the POS consensus adopted by KPG will not waste power resources compared with POW. Reduce the threshold for users to participate in mining; KPG supports smart contracts and 16M large blocks, and the expected block interval is 64 seconds, which has the ability to support large-scale commercial application scenarios.
The value of KPG tokens is the right to use the KPG network ecology. Kunpeng public chain currently provides solutions including: Kunpeng traceability BAAS system, Kunpeng enterprise-level chain reform service.