ArmeDia

#Kimanetwork #Binance Kima is a decentralized, blockchain-based money transfer protocol. It settles interchain transactions, enabling apps to build on what they’re comfortable with, and leave financial friction in the past.

🤝 Kima x HyperGPT 🤝

#Kimanetwork latest ecosystem partnership with @hypergpt - the world's first #AI apps marketplace aimed to power up #Web3 with AI and the $HGPT token.

🔥Together…

✅ They will engage in several marketing initiatives designed to increase visibility and awareness of our solutions.

✅They will also explore an opportunity to integrate the Kima Network interoperability functionality into HyperGPT’s platform, empowering it with secure and efficient cross-ecosystem asset-transferring capabilities.

#Kimanetwork 🤝 Ruby Protocol

Meet Kima’s recent integration partner, @RubyLabs_xyz - an Intent-centric, interoperable, and privacy-preserving infrastructure that accelerates Web3 development and mass adoption.

#Kimanetwork 🤝 Incubeetor collaboration will focus on impactful marketing initiatives that aim to increase our visibility and reach within the blockchain community. article here: tinyurl.com/3knj2mzeKima $KIMA

check out New partnership of #Kimanetwork

https://medium.com/@kima_finance/kima-network-welcomes-5starido-as-a-strategic-investment-partner-3d2f7266ba50

The KIMA token secures the network by putting a price on network transactions. This means that an attacker trying to spam the network will encounter rising KIM A costs for as long as they continue their attack. #Kimanetwork $KIMA

Vending Machines Aren't Vaults.
Kima was not built as an experiment to push the envelope of smart contract capabilities. Kima is a purpose driven solution built only with the strongest, most battle-tested technological capabilities blockchains offer. #Kimanetwork $KIMA

Most inter-chain protocols make use of smart contracts. While smart contracts are a revolutionary advancement in blockchain technology, they’re still very buggy and experimental when trying to interact with multiple chains.

This has resulted in billions of lost funds due to hacks and other attacks.

Kima does not use smart contracts to facilitate cross-chain transactions, resulting in minimal attack surfaces and maximal fund security.

Instead of minting synthetic tokens and using pools managed by smart contracts, the Kima blockchain uses native wallet accounts that act as liquidity pools. This enables the Kima blockchain to function as a validation and settlement layer between different blockchains, without the need for additional on-chain failure points.
#Kimanetwork

Liquidity arrives at target chain

The last step is where Kima debits the source chain and credits the target chain. This means that funds are never taken out before being sufficiently validated in Kima’s pools, providing high capital security, efficiency and near-constant reversibility. Until this step, the end-user is aware of every step and can revert the transaction.

After this step, Kima sends the funds from the target chain’s pool to wherever they need to go: Either the end-user’s target wallet or to the host dApp directly, depending on the specific use case Kima was implemented for.
#kimanetwork $KIMA

After the transaction is written to the Kima appchain, Kima’s liquidity managment engine, LiMa, kicks into gear. this allows Kima to balance out the pools, providing the end-user with liquidity in their target chain.

since the pools only contain native assets, LiMa is there to make sure that there’s always enough liquidity to settle pending transactions. This is very useful for liquidity providers, as LiMa offers liquidity bounties for pools that need replenishing.

Liquidity arrives
at target chain

The last step is where Kima debits the source chain and credits the target chain. This means that funds are never taken out before being sufficiently validated in Kima’s pools, providing high capital security, efficiency and near-constant reversibility. Until this step, the end-user is aware of every step and can revert the transaction.

After this step, Kima sends the funds from the target chain’s pool to wherever they need to go: Either the end-user’s target wallet or to the host dApp directly, depending on the specific use case Kima was implemented for.

$KIMA #Kimanetwork

Kima validates Source transaction

Kima employs Light Clients on the blockchains it supports, allowing validators to query on-chain information without the need to hold resource-intensive full nodes on these blockchains.
This increases decentralization and minimizes trust.

The Light Clients are used to validate the initial transaction on the source blockchain. Once the source transaction has been validated, the cross-chain transaction moves to the next step.
#Kimanetwork $KIMA

Kima employs Light Clients on the blockchains it supports, allowing validators to query on-chain information without the need to hold resource-intensive full nodes on these blockchains.
This increases decentralization and minimizes trust.

The Light Clients are used to validate the initial transaction on the source blockchain. Once the source transaction has been validated, the cross-chain transaction moves to the next step. $KIMA #Kimanetwork

#Kimanetwork partnered with CastrumCapital - a full-stack venture capital firm that supports next-generation blockchain startups via its multiple departments: Crypto Data Space (CDS), Castrum Work, Castrum Legions, Castrum Social, and Castrum Academy.

In this collaboration, Castrum Capital will assist Kima in raising funds and provide professional marketing support. Additionally, Castrum will offer its extensive network of crypto and enterprise connections worldwide to help us grow Kima’s ecosystem.