πͺΆKlay Chain
Klay Chain's Scalability Revolution on Bittensor
Bittensor faces the colossal challenge of scalability, a hurdle gracefully leaped over by Klay Chain Layer 2 EVM chain. This ingenious solution not only enhances scalability but also introduces enhanced privacy, smart contract compatibility, interoperability, decentralization, and security.
Klay Chain diverges from conventional layer 2 solutions by employing smart contracts for governance. Node registration through governance contracts establishes a system where roles are delineated, and profits are shared among each node, ensuring a robust and fair governance structure.
Klay Chain orchestrates a symphony of transaction processing through its off-chain sequencer. Bundling, validating, and compressing transactions into blocks, it submits cryptographic proofs to Bittensor through batches, presenting a seamless interoperability that enhances the overall efficiency of the protocol.
Klay Chain safeguards privacy by processing transactions off-chain or in a separate layer, utilizing the unique Klay Chain's Shield. This not only shields sensitive data from public view but also elevates user privacy and confidentiality to unprecedented heights, ensuring a secure haven for participants in the Bittensor ecosystem.
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