Kaanch, a new Layer 1 blockchain that’s rising fast in the crypto ranks. As a result, its current presale is attracting a lot of attention from investors. The project seeks to alleviate the cost and scalability challenges that plague established networks such as Ethereum today. It enables almost free gas fees and brings unprecedented transaction rates. Kaanch features a public team and mature infrastructure. Following a lucrative showcase at TOKEN2049 Dubai, it’s quickly rising as a dark horse in the blockchain race.
The Kaanch presale is off to a great start, having already raised more than $2.19 million and showing massive market confidence in the project. Now in Stage 6, tokens are increasing to $0.32 each. The next round will double the price to $0.64, making it a great opportunity for early supporters to invest.
Revolutionary Technology and Performance
Kaanch also has fascinating technical specifications that distinguish its blockchain even from many bigger, more established blockchains. This allows it to reach an industry-leading 1.4 million TPS and a finality time of 0.8 seconds. Together, this enables real-time trade execution and seamless smart contract execution. These capabilities make Kaanch an ideal platform for delivering high-demand, commercially viable applications.
The network’s architecture features 3,600 decentralized nodes, which offers unmatched security and scalability. Two key factors in a Web 3. Kaanch sets itself apart by eliminating the costly high-fee barriers imposed by other networks, providing near-zero gas fees. This helps to make it more approachable and attractive to both developers and users.
Kaanch doesn’t have an overly large supply – just 58 million tokens total. The project has successfully been audited two times, SpyWolf and VerifyLab audits, which can boost the credibility and security of the project.
Community and Governance
Kaanch strongly emphasizes community-based governance. Most importantly, it empowers new users to engage with the decision-making processes that will inevitably shape the entire network’s future. Furthermore, Kaanch provides an intuitive staking dashboard, allowing token holders to seamlessly stake their tokens and start earning rewards.
Kaanch vs. Legacy Systems
Kaanch claims that they are technologically superior to XRP and other legacy systems. It’s the blockchain’s architecture that is leading to much higher throughput, lower fees and greater scalability. These technological advantages are especially important for meeting the increasing demands of decentralized applications and the larger Web3 ecosystem.
