The KunPeng public chain aims to integrate various segments of the global IoT industrys upstream and downstream supply chains, addressing issues such as lengthy ecosystem chains and information asymmetry. KPG adopts the UTXO model, which offers more flexibility for multi-signature functions compared to Ethereums account model, and also has advantages in concurrent verification; KPGs POS consensus mechanism does not waste electricity resources like POW does, lowering the barrier for users to participate in mining; KPG supports smart contracts and 16MB large blocks, with an expected block interval of 64 seconds, enabling it to support large-scale commercial applications.
The value of KPG tokens represents the right to use the KPG network ecosystem. Currently, solutions provided by the KunPeng public chain include: the KunPeng Traceability BAAS system and KunPeng enterprise-level blockchain integration services.