Koinos - Testnet V3 is out

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Koinos is a blockchain under development with a few distinct goals:


The 3rd iteration of the Koinos testnet is now available for testing. It is now possible to start developping apps for mainnet based on testnet V3. The basic architecture will be the same down the road.

Official announcement by Andrew Levine: Youtube

Find out how easy it is to set up a Koinos testnet node at github.com/koinos/koinos/

User ederaleng has already upgraded a block explorer: https://v3.koinosexplorer.com/.

jga@jga has upgraded Koilib (github) and is working on a social app for Koinos.

Koin price history starting November 2021 on coingecko.com/:

220320_koin_price.png

Uniswap V3 is holding 460 thousand Koin, representing 0,46% of float.

Number addresses holding Koin:

220320_koin_wallets_bar.png

Stake Distribution

Account classification

  • Whale = Accounts holding > 1% of total supply.
  • Investor = Accounts holding between 0.1% to 1% of total supply.
  • Retail = Accounts below 0.1% of total supply.

Whale Domination over time:

220320_koin_dominance.png

Whale Domination describes the share of tokens whales hold.

A few tokens for comparison:

TokenDomination [%]
DASH4
ETH14
HIVE40
DOGE45
BTC63
VET74

Koinos has a Whale Domination quotient of 28%. 16 out of 3201 (0,5%) accounts are KOIN whales.

Stake percentage held by account type over time:

220320_koin_wallets_comp.png

Whale Domination %Investor %Retail %
28.0352.3319.65

Number of wallets holding Koin sorted by whale, investor and retail:

220320_number_whale_investor_retail.png

# Whales# Investors# Retail
161912994

Koin distribution across accounts:

220320_representative_koin_wallets.png

MaxMean3rd QuartileMedian1st Quartile
2354615.74318384.287975.681633.51464.62

The largest account held 4'556'118 Koin in May 2021.

The extremely large difference between mean and median balance shows a strong concentration of assets in the top quartile.


Links

Koinos Website: https://www.koinos.io

Koinos Blockchain Framework

Proof of Burn consensus: Consensus Whitepaper; medium.com

Fee-less transactions: Mana Whitepaper

Koinos Whitepaper

Medium.com Project Update: V3 Work, JavaScript Smart Contracts, Stablecoins and more!

Episode 6 - Andrew Levine (CEO of Koinos): Building a Feeless Blockchain (minute 58: development timeline and test- and main-net releases)

Full Recording Building A Blockchain with Zero Barriers with Andrew Levine

Community member motoengineer with a tl;dr of Koinos concepts: YouTube

Community member Joe Walker writes on medium.com about Koinos: KOIN Tokenomics part 1: The (non)sense of the inflation vs deflation debate

Run a Koinos cluster from a Docker file: https://github.com/koinos

How to deploy test net version 0.2.0

Testnet tutorial by: Koinos: How to create a microservice in Typescript

Forum: THE KOINOS FORUM

Koinos YouTube channel

Koinos Discord

Reddit r/Koinos


Data source: etherscan.io


Vote for my witness: @blue-witness

Koinos - Testnet V3 is out | Ecency