Koinos is the world's first truly decentralized and free-to-use layer 1 blockchain, which uses its innovative Mana system and Proof-of-Burn consensus algorithm to future-proof the platform with infinite upgradability and scalability. Every $KOIN token contains Mana, allowing users to seamlessly access dApps and free transactions. Koinos employs a new consensus algorithm called Proof-of-Burn, which replicates the economics of PoW and the efficiency of PoS. The platform also boasts infinite upgradeability and supports the creation of new smart contracts in any major programming language that can compile to WASM bytecode. Koinos has a PoW fair launch, no ICO, pre-mine, team allocation, or other private sales.
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