• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
How does the Kuailian Sandbox work
Nexo

How does the Kuailian Sandbox work

Bitcoinist by Bitcoinist
1 year ago
in Press releases
0
Advertisement

The Kuailian Company is conducting a Sandbox in which you can observe the operation of your system based on Proof of Stake (PoS), which is based on the use of cryptocurrencies of the users, it allows to validate all the transactions carried out to offer a profit margin for all those involved in the process. Today you will see the operation of the Sandbox to have a much clearer idea of the process in which if you get to have participation in the platform you can know exactly how you can obtain benefits from it.


Sandbox operation

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Before beginning the explanation of the diagram, it should be noted that the system has 10 customer accounts with 10 wallets for the Kuailian friend plan that will be interconnected with the Sandbox to send and receive the specified amounts of money at any time that is necessary; this is important to show that the system works on a small scale as it will be a simulation that contains all the components of the Kuailian architecture or core system.

To understand the diagram we will start in the box on the upper left

[CC] and the first step goes to the right side.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!
  1. The purchases of the 10 clients will be remitted in currency ETH (Ethereum) to the wallet “Sandbox Transaction”, of these purchases on 20% going to pay bonus and the 80% it is sent into the system.
  1. Once the ETH (Ethereum) reaches the “transaction” wallet, they take 2 different paths taking into account the aforementioned percentage, one part to the pool wallet and another part to the exchange’s wallet.
  1. When ETH (Ethereum) are on the exchange are immediately switched to TRON currency, Since you will start with a relatively low amount of

Capital as proof, approximately 100,000 dollars, this is so since the TRON can be divided in a much more comfortable way to facilitate all transactions with low amounts and from there the capital evolves with the interest that the said money can produce.

  1. Then these TRON they will be transferred to the staking pool inside the Sandbox; In the pool, you can see the wallets on which the nodes are going to run and you can see the rewards that it produces.
  2. Once these rewards are produced, the system transfers them to a partner exchange to change cryptocurrency again, but now in reverse., from TRON to ETH (Ethereum).
  3. Now the ETH is extracted from the exchange with the automatisms of the system and they will be dispersed through the (Smart Contract) that makes possible an efficient delivery of rewards to all users of the platform, taking into account their participation percentage.
  4. Said smart contract will execute payments to all user portfolios (that is, the 10 clients) that will receive daily residual bonuses for rewards.
  5. Then with all those daily payments the system will execute a massive purchase automatically to redo the process repeatedly and continuously in order to grow the pool that will be based on the Machine Learning and thus base its decision-making taking into account the data collected and offer a competitive advantage in the face of possible market movements.

In conclusion

It is important to mention that the Sandbox of Kuailian also will be used for future legal movements from the month of April in which all defamatory information that has been successfully denied in recent days by the Kuailian team will be taken into account. In this way, its importance in the market is reaffirmed to project sustainable growth over time. If you want to know more about Kuailian and the Sandbox, visit the following links:

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

Web: https://kuailiandp.com/

Facebook: https://www.facebook.com/kuailiandpofficial/

Instagram: https://www.instagram.com/kuailiandpofficial/

Youtube: https://www.youtube.com/channel/UCfQBX3g_0E5n4-vIiEE6siA


Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

StarBlock Token (STB) Is Now Available for Trading on LBank Exchange

StarBlock Token (STB) Is Now Available for Trading on LBank Exchange

1 hour ago
LBank Exchange Will List BTCMININGNFT (BMN) on August 19, 2022

LBank Exchange Will List BTCMININGNFT (BMN) on August 19, 2022

2 hours ago
Shiba Inu (SHIB) and Dogecoin (DOGE) investors eye up talk of the town crypto Degrain (DGRN)

Shiba Inu (SHIB) and Dogecoin (DOGE) investors eye up talk of the town crypto Degrain (DGRN)

3 hours ago
Privatixy Token, Ethereum, and Fantom: Three Coins To Look Out For in 2023

Privatixy Token, Ethereum, and Fantom: Three Coins To Look Out For in 2023

13 hours ago
How Well Does Klangaverse Perform against Prominent Cryptocurrencies Like Solana (SOL) And Polygon in the Future?

How Well Does Klangaverse Perform against Prominent Cryptocurrencies Like Solana (SOL) And Polygon in the Future?

14 hours ago
$10,000 Bounty! BNB Chain GameFi Project ArchLoot Rolling Out the 2nd Phase of the Closed Beta Test on August 18th

$10,000 Bounty! BNB Chain GameFi Project ArchLoot Rolling Out the 2nd Phase of the Closed Beta Test on August 18th

15 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.