Whitepapers Aidos Kuneen ADK White Paper Explained Summary

Aidos Kuneen ADK White Paper Explained Summary

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Aidos Kuneen ADK White Paper

Summary:

– Aidos Kuneen (ADK) is a new cryptocurrency that has been developed to provide a fast, anonymous, blockless, decentralized and scalable solution for post-quantum era transfers with zero fees.
– Aidos Kuneen employs a mechanism known as iMesh, within iMesh all transactions are directly referenced by one another in order to form a Directed Acyclic Graph (DAG) structure. The inclusion of ‘SPECTRE allows full-nodes to determine which transactions are legitimate within the DAG structure and to reject those that are not.
– In order to provide anonymity within the network, Aidos Kuneen employs AKShuffle. AKShuffle incorporates the postquantum, zero-knowledge proof ‘ZKBoo (ZKB++), this allows for truly anonymous transfers throughout the entire network.
– To allow Aidos Kuneen to service the expected future growth of the ‘IoT sector we introduce an innovative new cooperative Proof of Work mechanism known as coPoW. coPoW allows a number of senders within the network to cooperatively perform the necessary Proof of Work in order to confirm transactions on the network, thus reducing the physical processing requirements of any one sender.

Explained – Aidos Kuneen (ADK) White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the Aidos Kuneen ADK white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. Aidos Kuneen (ADK).

Lets understand Aidos Kuneen (ADK) after going through the Aidos Kuneen ADK white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Aidos Kuneen ADK White Paper

Aidos Kuneen ADK white paper will be going to provide you, all the information that is needed to get started with Aidos Kuneen (ADK), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Aidos Kuneen (ADK).

Abstract

In this white paper we introduce a new cryptocurrency, Aidos Kuneen. Aidos Kuneen has been developed to deliver a fast, anonymous, blockless, decentralized and scalable solution for post-quantum era transfers with zero fees.

Aidos Kuneen employs a mechanism known as iMesh, within iMesh all transactions are directly referenced by one another in order to form a Directed Acyclic Graph (DAG) structure. The inclusion of ‘SPECTRE allows full-nodes to determine which transactions are legitimate within the DAG structure and to reject those that are not.

In addition, SPECTRE provides resilience against any attackers who may happen to gain control of up to 50% of the networks computational power. To ensure continued security in the post-quantum era, Aidos Kuneen utilises the hash-based signature ‘XMSS. XMSS provides for both a small signature and a small public key size which in turn reduces network load.

In order to provide anonymity within the network, Aidos Kuneen employs AKShuffle. AKShuffle incorporates the postquantum, zero-knowledge proof ‘ZKBoo (ZKB++), this allows for truly anonymous transfers throughout the entire network.

To allow Aidos Kuneen to service the expected future growth of the ‘IoT sector we introduce an innovative new cooperative Proof of Work mechanism known as coPoW. coPoW allows a number of senders within the network to cooperatively perform the necessary Proof of Work in order to confirm transactions on the network, thus reducing the physical processing requirements of any one sender.

Finally, we provide a simulation of the number of leaves in iMesh and we further determine the minimum number of reference transactions required in order to converge the DAG and deliver fast confirmation times, whilst still having minimal effect on the transaction size.”

White Paper Link: Aidos Kuneen ADK White Paper

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