Technology

KGF is developed in house on it has developed our own blockchain named entrophychain.cz so we do not depend on any third party blockchain. The technology behind KGF (Kathrada Gold Future) is designed to improve transparency, safety, and efficiency. Here is a summary of the key technologies used in KGF:

Owned Blockchain:

KGF is built on a blockchain platform of Inhouse called www.entrophychain.cz, which acts as a distributed ledger and distributed, which records all transactions. Blockchain improves transparency by allowing anyone to view transaction history while maintaining security through cryptographic technologies. Since we built our own blockchain, anyone can create their own token based on our blockchain. For example, If a State decides to create a unique national token for local commerce, it can create it with our blockchain and KGF as the underlying currency.

Entropy chain, has a interchain scalability solution that provides an infrastructure for constructing interoperable blockchain networks. It aims to combine the adaptability and scalability of alternative blockchains with the security, liquidity, and interoperability of other Blockchains.

Entropy Chain: Structural Work

Entropy chains management

The Staking Layer can support a practically unlimited number of Entropy chains, each with arbitrary features and configuration, and provide them the required level of decentralization.

The main service that the Staking Layer provides to Entropy chains is the management of their validator requirements and validator sets established according to those requirements.

Validator requirements are specified in a config smart contract that every Entropy chain deploys in order to get initiated. This smart contract can define arbitrary validator requirements, including but not limited to:

• Maximal validator number: Specifies the maximum number of validators the chain accepts in its validator set.
• Minimal validator number: The minimal number of validators required to initiate the chain.
• Slashable offenses: On-chain attributable validation offenses that cause slashing of the stake;
• Validator criteria: The only common criteria for all validators in the Staking Hub is a stake. Arbitrary additional criteria can be specified, such as authorization by a third party, additional stake in other tokens (e.g. native tokens of individual Entropy chains) etc.

In addition to the ability to configure validator requirements, Entropy chains can arbitrarily configure all other parameters and features of their architecture. These are not defined on the Staking Layer level, but instead in the client code of Entropy chains. Some notable parameters and features are:

• Native token: Chains can create their native tokens which can be used for various purposes, e.g. transaction fees, user incentivization etc.
• Fee management: Chains can decide how to manage transaction fees. Normally, transaction fees would be passed to validators in their entirety, but other distribution models are possible, e.g. burning a portion of fees and passing the remaining portion to validators.
• Additional rewards: All Entropy validators receive base protocol rewards and normally transaction fees from Entropy chains they validate. In order to attract more validators, Entropy chain can offer additional rewards on top of these. These rewards will likely often be in native tokens of those chains.
• Block time and size: It is possible to configure the frequency and size, i.e. gas limit of blocks.
• Checkpoint time: Validator sets provide fast, local finality for Entropy chains. In addition to this, Entropy chains periodically generate and submit zero-knowledge proofs.

System Architecture of layers

• An important use case for Entropy Chain Network will be transactions on decentralized exchanges — that will be enabled in a future release of KGF. Here is how Entropy Network will work with the 0x protocol to enable instant, decentralized and low-cost trades.

• Blockchain Explorer: www.Entrophyscan.com is our explorer where all transactions can be tracked to the source. It is an integral part of the Entropy chain blockchain platform, serving as a runtime environment for intelligent contracts and applications (DApps). It acts as a computer using a worldwide network of Entropy Chain nodes. Which show the number of blocks in real time, Average Block Time per Second, Total Transactions and Billing Addresses. Our RPC will collect about 2.5 Tbs of total data.
• Smart Contracts: KGF’s smart contracts compliance with Massachusetts Institute of Technology (MIT) Licensed are automated contracts with contract terms written directly in code. Smart contracts help automate the process of issuing and redeeming KGF tokens, ensuring that transactions are conducted smoothly and securely. KGF will have more client’s institutional buyers then retail buyers meaning it will add more authenticity to smaller investors. KGF Smart Contract is one of the best of its kind, find important parts of smart contract below.
  • Burnable– KGF will quarterly automatic burnable method which will increase the price.
  • Anti-whaling – It will protect against being targeted by whales.
  • Coin security: We use the highest level of cybersecurity to protect against hackers.
  • Pause& Suspend: Suspend specific transactions by admin.
  • Liquidity Pool Setup: Two Liquidity Pools will be automatically created on DEX. The Coin holder can set an initial selling rate to add to the liquidity pool and can choose to lock the LP Coins forever in a Coin contract or have them in their wallet.
  • Many others.
• Gold backing Mechanism: KGF’s gold backbone strategy is implemented through smart contracts, which specify the amount of physical gold backbone for each KGF unit. This allows the value of KGF to influence the value of gold, providing users with a stable and reliable digital asset.
• Consensus Mechanism: KGF uses a contract to disrupt piracy and protect the network. The private agreement used Proofs of Work (PoW) or Proof of Service (PoS), which ensure transactions are legitimate and prevent double spending.
• Wallets: KGF can be stored in KGF's own wallets, MetaMask, Trust Wallet and Binance Wallet, which are apps that allow users how to store, send and receive KGF tokens in the protected. Wallets can be hot wallets (online) or cold wallets (offline for enhanced security).
• Security measures: KGF implements a variety of security measures to protect user assets, including encryption, multi-factor authentication, and regular audits of gold storage facilities supporting KGF. These measures help ensure that KGF tokens are secure and that users can trust the integrity of the system.
• Debit Card: The KGF user will receive a Debit card that will store fiat and cryptocurrency in the account.
• QR Code: Every user can access and send KGF with a simple QR code scan, which is primarily useful for our merchants or POS Points. The QR code is an inhouse built mechanism and fully secure
• KGF listing: KGF can be found for trading in more than 30 decentralized Exchanges. These include 1inch Swap, Uniswap, Apeswap, Matcha. Etc.,
• Self-destroyable: KGF Wallet entered will self-authenticate in seconds.

Overall, the technology behind KGF is designed to provide users with a secure, transparent, and efficient digital asset backed by physical gold. Using blockchain and smart contract technology, KGF aims to transform the way people think and use digital currencies.