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Cryptocurrencies
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Takamaka is a blockchain platform designed to make it easy for everyone to adopt and develop blockchain-based applications. Takamaka introduces a second layer protocol - HashChain built on Takamaka library, the purpose of which is to improve and speed up the time for interested companies to enter the blockchain world.
Takamaka provides native support for two cryptocurrencies. TKG, which is a normal, variable-value cryptocurrency like ETH, ADA, is used for governance as well as to pay transaction fees. Half of the TKG supply is introduced in the first block of the blockchain, and the remaining half is mined by creating blocks, which are set to occur every 30 seconds. The second cryptocurrency is TKR (Takamaka Red), which is a stablecoin. All supply of TKG is generated in the first block of the blockchain and can no longer be generated through mining or any other means. Blocks are generated by mining nodes, which in turn are determined by the amount of TKG staked by their holders on various mining nodes or mining pools.