This article will give you a more detailed insight into the technical side of the Kinesis Monetary System.
It is often asked of us at Kinesis how our blockchain network, forked from Stellar, differs from the Bitcoin and Ethereum networks and what it means that these networks are built with different blockchain models.
Allow us to elaborate on this.
Kinesis Blockchain Network (KBN) is a fork of the Stellar network which utilises a consensus model to persist its transactions, known as its ledger. In KBN, 5 Trusted nodes are needed to reach consensus to have a new transaction persisted to the network. This means that 5 separate nodes, trusted by the network, need to agree that the new transaction has been arrived at by following the network’s cryptographic algorithm and has not been artificially created. Every node in the network is aware of which other nodes are Trusted nodes.
Since the KBN is a public network it does mean that nodes...
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