Mandalachain
Mandala Chain is a privacy-focused blockchain project that addresses the need for secure and confidential data storage and transfer in the face of data breaches and cyber attacks. It uses the Substrate framework to create a customizable and modular architecture that provides confidentiality, anonymity, and data protection for users. The project leverages zero-knowledge proofs (ZKP) technology to enable private transactions and verification without compromising privacy, creating a trustless, secure, and private environment for data storage and transfer. Mandala Chain is a solution to the problem of data privacy and security, offering secure and private data storage and transfer in the blockchain ecosystem.
KEPENG Coin
Kepeng Coin is an ecosystem coin of Mandala Chain that will serve multiple purposes, such as governance, gas fee, and node development. It takes inspiration from the ancient form of currency used in Nusantara and Bali before, called Kepeng. This traditional coin features a circular shape with a square hole in the middle, and it has a rich cultural and spiritual significance in Bali. In traditional Balinese villages, Kepeng coins are still used today as tokens for governance and offerings to the gods. Without Kepeng, a ceremony cannot take place, which highlights its importance in Balinese culture. Kepeng Coin aims to honor this tradition by incorporating it into the Mandala Chain ecosystem as a way to incentivize users to contribute to the network's growth and development. As a governance token, Kepeng Coin will give holders the ability to participate in important network decisions, such as protocol upgrades and community initiatives. Furthermore, Kepeng Coin will be utilized as a means of payment for transaction fees on the network, making it a crucial component of the Mandala Chain ecosystem
ZK Technology
"ZK technology" typically refers to Zero Knowledge technology, which is a type of cryptographic technology that allows one party to prove to another that they know a specific piece of information without revealing the information itself. In other words, it enables authentication or verification of data without disclosing the actual data.
