The 411 on Kyber Network (KNC)
This post will include links to information on the Kyber Network and it's cryptocurrency KNC. In my limited experience investing and trading cryptocurrency, the multiple exchanges and wallets to maintain my coins has been time consuming and inconvenient. Kyber Network proposes a decentralized exchange for any coin without having to deposit user's assets into a centralized exchange, like we do with Bittrex, Binance or Poloniex. The transactions do not require registration or storing of your assets and are proposing to be instantaneous without delay. Viewing the demo by CrushCrypto below, the test Kyber platform has a look and feel comparable to the Exodus and Eden platform. But with Exodus where we deposit our digital assets, Kyber is claiming not to hold our assets and serve only as a decentralized exchange. Does this mean we'll still have to maintain all the wallets where our coins are stored and how will these wallets interact with the Kyber Network? Additionally, they propose to be a platform for a payment system, where anyone can pay in their desired asset and a recipient can receive an asset of their choice. Check out the video from their website:
Kyber Network Blog:
Kyber White Paper
https://kyber.network/assets/KyberNetworkWhitepaper.pdf
Kyber cryptocurrency (KNC) tradeable on Binance
https://blog.kyber.network/kyber-network-crystals-to-be-tradeable-on-binance-d42a1533472f Hacked article posted a few months ago: https://hacked.com/ico-analysis-kyber-network/ Here's a good review on Kyber from CrushCrypto:
Another review from DataDash
Epicenter:Interview with Kyber Network founder Loi Luu:
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