Aidos Kuneen
Aidos Kuneen (ADK) (founded on June 6th, 2016) is a proof-of-work cryptocurrency that functions primarily on the Aidos Kuneen platform. The Aidos Kuneen platform emphasizes security, privacy, and un-traceability which helps its users to enjoy scalability, decentralization, and anonymity at its peak with zero fees[4].[1]
Overview
ADK can be viewed as a completely anonymous network, that allows its users to quickly transact their assets (both cryptographic and fiat) without scalability issues. ADK is emerging as a strong contender, which can be seen as the next step in the evolution of cryptocurrency. In addition to this, Aidos Kuneen has prospecting plans to open a crypto-safe banking network made up of banks from the EU and Africa. Aidos Kunee is currently in reportedly in negotiations with two banks in Africa, and few EU banks are considering it. There are also plans for Proof-of-work (PoW) transactions.[3]
The technology stack of Aidos enables users to spend their tokens freely without any fear of being tracked or tainted. Even though the design differs from existing heavy and complex blockchains like that of Bitcoin and other cryptocurrencies, Aidos still remains the core principle of openness, decentralization, and improved privacy. Aidos will also be ready to be used with and plugged into the Internet of things, enabling participation in an ecosystem of billions of devices.[1]
Features
The Aidos Kuneen (ADK) as the following as its key features on its platform:
Quantum Security
Even though Quantum computers have only been theorized so far and some tiny prototypes have been built. When quantum computers are a thing, most current cryptography (and cryptocurrencies) will no longer be secure. For this reason, mathematicians and computer scientists have invented new cryptographies which will be unbreakable even by quantum computers. Aidos Kuneen (ADK) already uses quantum-secure cryptography: the Winternitz one-time signature scheme.[1]
No Chains
Another noteworthy feature of the Aidos Kuneen is that it is based on IMesh. IMesh, which is an innovative new distributed ledger which is based on a DAG (directed acyclic graph), in which every transaction directly verifies two other transactions and therefore confirms that they are valid and conform to the protocol’s rules.[2]
100% Anonymity
The Aidos platform affirms anonymity. The Aidos transaction system is based on a directed mesh with I2P as the underlying network layer, protecting its users from having their identities revealed. Furthermore, the usage of AKshuffle keeps user anonymous, therefor making transactions 100% invisible and untraceable.[2]
Advantages
Listed below are some advantages of the Aidos Kuneen (ADK) platform:
- Decentralized
- Fast payments
- Scalable and without blocks
- Simple and affordable
- Zero transaction costs
- Confidentiality
- Quantum data protection
- Micropayments.
Tokenomics
Aidos Kuneen (ADK) is a cryptocurrency token that uses the IMesh algorithm and is designed as a Proof-of-work coin. Aidos Kuneen's ticker symbol is denoted as $ADK. $ADK has a total supply of 25,000,000 ADK and is currently traded mostly on the Stex crypto exchange.[3]
Listed Exchange
Aidos Kuneen (ADK) is listed and available for trading on the following crypto exchanges:
- Exrates
- CoinTiger
- P2PB2B
- HitBTC
- STeX
- Indoex
- BitLocus, and
- Changelly, amongst other ADX-supporting-crypto exchanges.[5]