KuCoin Releases KCS whitepaper - a Path for Geek to Mass Adoption - BitcoinEthereumNews.com
KCS Whitepaper & Management The whitepaper outlines all of the essential details about KuCoin Token (KCS), and with it, the companys grand vision for the overall ecosystem and how it fits within the greater cryptocurrency landscape. Meet KCS & KCC KuCoin Token (KCS) is the native token of KuCoin that came out back in 2017 as a profit-sharing token that allows traders to draw value from the exchange. KCS is a deflationary digital asset that achieves its deflation structure by performing a regular monthly buyback and burn from the secondary market. In addition, the initial supply of KCS was capped at 200 million, and its final supply is planed to stabilize at 100 million through a buyback and burn mechanism. Built by the fans of KCS and KuCoins fan communities, KCC is a decentralized public chain with EVM compatibility and high performance. However, its purpose is to solve the problems such as low performance and high cost of public chains, to provide community users with a faster, more convenient, and low-cost experience. KCS Whitepaper KuCoin has co-released the KCS Whitepaper in coordination with KCS Management Foundation and KCC, the decentralized public chain built by KuCoin‘s fan communities and holders of KCS, KuCoin’s native token. “KCS will build a bridge