KaibaSwap AMA With the Dev – 11/27/2021

Here’s a recap of our informal mini-AMA with the Kaiba DeFi lead developer on our Telegram channel. You can find the full conversation by going here: https://t.me/KaibaDeFiOfficial/37803

Q: If Kaiba will be making its own blockchain will there be ‘KaibaScan’, the equivalent of EtherScan?

A: It will, fully fledged of course!

Q: Will KLC (Kaiba Lightning Chain) be PoW (proof of work) or PoS (proof of stake)?

A: It will be PoA (proof of authority) as all small networks behind with, then an extensible PoS if needed.

We dont want to offer our side to PoS majority attack unless we have at least 1000 nodes up and running.

The Swap is incredibly satisfying to code!

Q: Wouldn’t PoA make KLC more centralized and add the need for a regulatory corporate entity?

A: Technically yes but by that point we will have moved to PoS.

Q: Will the DAO (decentralized autonomous agency) play a role in this?

A: Our DAO community voting system would mainly be used to decide listings, actions to take and so on. Also known as KIPs (Kaiba Improvement Proposals)

Q: So you guys said you’re looking for partnerships with other legit long term projects, what would that look like? How would Kaiba token work with other projects?

A: We have at least:

• IVC integration for every token following ERC-20
• Possible KLC (Kaiba Lightning Chain) integration
• Gas saving proxy if they can modify the code
• All of this is paid in $KAIBA

Q: Interesting! What is IVC and KLC?

A: IVC is our internal virtual chain, basically a chain in the chain

KLC will be our own mainnet

Drop by our Telegram anytime if you have further questions, it’s a long-form constant AMA as well as a community hub! The community is always helpful and the team will always be there to help!

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