Gopher, Pythonaut, and Linux hacker. Senior Distributed Systems and Backend engineer @Kik, @Kin_Foundation. Open Data hacktivist @hasadna.
This a blog post I wrote on my company’s tech blog (Rounds). Since then our company was acquired by Kik, and the blog has been somewhat hidden away. Nevertheless I put it here for documentation sake.
The Kin Ecosystem needed a more predictable blockchain in terms of transaction confirmation time and fees, and Stellar was our winning candidate.
In our token distribution event, which was held in September, we issued 10 trillion KIN. As stated in our whitepaper (Chapter 6), 60% of these tokens (i.e., six trillion) will be under the purview of the Kin…