KONET Network
The KONET Mainnet upgrade has adopted Proof of Authority (PoA) to enhance efficiency and security. Combined with an EIP-1559-based fee structure and a validator-centric governance model, it establishes a robust framework for stable network operations and future governance scalability.
Network Explorer
Real-time throughput and performance metrics of the KONET Mainnet.
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Features
High-Performance PoA Network
KONET's adoption of Proof of Authority (PoA) utilizes trusted validators for block generation, ensuring high processing speeds and stable network performance.
EIP-1559 Fee Structure
The implementation of EIP-1559 introduces a fee-burning mechanism, enhancing network security and maintaining sustainable inflation control.
Validator-Centric Governance
A reliable governance model driven by trusted validators, providing stable network operations and an efficient decision-making structure.
Operating Mechanism
Following the upgrade, the KONET Mainnet will transition from the Proof of Stake (PoS) consensus algorithm to the Proof of Authority (PoA) consensus algorithm.
Block generation is securely managed by pre-approved, trusted validators, ensuring high transaction processing speeds and an energy-efficient network.
Technical Changes
Network improvements enhance overall performance and security. This includes activating an EIP-1559 fee structure to control token inflation and implementing a validator-centric governance model.
Stable network operation is ensured through trusted PoA validator nodes, fostering a robust and secure environment for the ecosystem.
Update and Deployment
At a specific block height, the inflation rate will be adjusted through a 5% compounding increase based on the total coin supply, controlling inflation and contributing to enhanced scarcity. All network nodes will undergo updates to align with the new protocol.
Network fees incurred will be subject to burning, with a portion allocated to the Reserve Pool for ecosystem development.
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Information
Highlights of the
KONET Network
KONET Network is revolutionizing the Ethereum ecosystem with its AI-powered, high-performance Layer 2 solution, offering unmatched scalability, cost-efficiency, seamless EVM compatibility and Fully Optimism OP Stack powered platform.
Lightning-Fast Transactions
Experience seamless and instantaneous transactions powered by KONET Network's optimized roll-up architecture.
AI-Powered Infrastructure
Leverage advanced AI algorithms embedded in the core to optimize performance and network scalability effortlessly.
Ultra-Low Fees
Enjoy cost-efficient transactions with significantly reduced gas fees without compromising decentralization.
Secured and Scalable
Built for massive global scalability while inheriting the battle-tested security model of the Ethereum mainnet.
Ethereum Compatible L2
A robust Layer 2 solution utilizing the OP Stack, ensuring 100% EVM equivalence and seamless migrations.
Onchain Native Agents
Unlock smart, autonomous AI agent interactions that operate directly and trustlessly on the blockchain.
Yield-Bearing Ecosystem
Maximize your capital efficiency and returns with innovative, native yield-generating protocols and tools.
Earn & Participate
Engage actively with the KONET Network ecosystem, run validators, and earn protocol rewards effortlessly.
Trusted by the best
Coin Distribution
Team
Founder
Cha Se Yung
CTO
Joshep Jang
Developer
Joo Sang Hyun
CMO
Lee Woo Joo
CBO
LEE KOO
Operation Manager
Ko Eun Sil
Operation Manager
Kim Tae Hwan
Developer
Vincent