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KILT Price   

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KILT

KILT Protocol  

#KILT

KILT Price:
$0.64
Volume:
$68.3 K
All Time High:
$12.03
Market Cap:
$75.2 M


Circulating Supply:
117,211,874
Exchanges:
4+
Total Supply:
150,000,000
Markets:
5
Max Supply:
290,000,000
Pairs:
5



  KILT PRICE


The price of #KILT today is $0.64 USD.

The lowest KILT price for this period was $0, the highest was $0.642, and the exact current price of one KILT crypto coin is $0.64197.

The all-time high KILT coin price was $12.03.

Use our custom price calculator to see the hypothetical price of KILT with market cap of ETH or other crypto coins.


  KILT OVERVIEW


The code for KILT Protocol is #KILT.

KILT Protocol is a newer coin by our records, at least 10.4 months in age.


  KILT MARKET CAP


The current market capitalization for KILT Protocol is $75,246,562.

KILT Protocol is ranked #239 out of all coins, by market cap (and other factors).


  KILT VOLUME


There is a modest volume of trading today on #KILT.

Today's 24-hour trading volume across all exchanges for KILT Protocol is $68,296.


  KILT SUPPLY


The circulating supply of KILT is 117,211,874 coins, which is 40% of the maximum coin supply.


  KILT BLOCKCHAIN


KILT is a token on the Polkadot blockchain.


  KILT EXCHANGES


KILT is available on several crypto currency exchanges.

View #KILT trading pairs and crypto exchanges that currently support #KILT purchase.


  KILT RESOURCES


Websitewww.kilt.io
Whitepaperwww.kilt.io/wp-content/uploads/2020/01/KILT-White-...
TwitterKiltprotocol
Redditr/KiltProtocol
TelegramKILTProtocolChat
DiscordHztRqvzbhG
Mediumkilt-protocol


  KILT DEVELOPER NEWS



KILT Is Now a Parachain on Polkadot!

We are thrilled to announce that yesterday KILT became the first parachain to relocate from Kusama to Polkadot. The stability and bank-level security of Polkadot allow KILT to provide practical, secure decentralized identity solutions for individuals, builders, and large-scale enterprise use cases. At 20:15 CEST on Monday 3 October, KILT built its first block on Polkadot following the last block on Kusama and is now running as a Polkadot parachain. This milestone opens up a whole new phase for KILT. It is now production-ready for applications that need a more secure environment, and for large-scale enterprises that require the stability and scalability provided by Polkadot. KILT Coin holders don’t need to do anything differently — all KILT transactions were stopped when the move started and all data, including KILT Coin balances on the KILT blockchain, remain safe and secure. All services built on KILT are unchanged and can be used as before. — One Chain, One Coin - Following the original plan of “one chain, one coin”, KILT became the first blockchain in the ecosystem to move in its entirety from Kusama to Polkadot. This means that all the KILT Coins and data on KILT/Kusama are now on KILT/Polkadot. There will only ever be one KILT Coin, and all credentials, decentralized identifiers (DIDs) and web3names previously issued on KILT are still valid. This was possible thanks to Polkadot’s groundbreaking tech...




KILT in Action — The dena Blockchain Pilot Project

KILT in Action — The dena Blockchain Pilot Project - Introduction by Ingo Rübe, Founder of KILT Protocol The project on machine identities led by dena, the German federal energy agency, was finished successfully. KILT served as a core partner in this project by supplying the machine identities and demonstrating the utility of a blockchain protocol in a highly regulated environment like the energy sector. This was an important milestone for us: DIDs and Verifiable Credentials and KILT in general are ready for large scale, institutional use cases that fulfil requirements from regulators. Blockchain technology is finding its way into industry! Also of note: During the project we deployed a complete KILT node on a Raspberry Pi-based smart meter, demonstrating the efficiency of Parity Substrate-based blockchains. Blog Post by Majella Horan, Lead Writer for KILT Protocol dena has released a report on its pilot project on digital machine identities as the basic building block for an automated energy system. KILT was part of the project, providing decentralized machine identities registered on the KILT blockchain and showing how blockchain technology can be used inside a highly-regulated environment. KILT collaborated on this initiative with industry leaders from the energy sector, the digital economy and science including Energy Web Foundation, Parity Technologies, EnBW, e-on, Riddle & Code, Oli-Systems, and 50 Hertz. &...




KILT Migration to Polkadot: Technical Overview

By the KILT Devs As promised in last week’s announcement KILT Moves to Polkadot, here are additional technical details about the migration plan. We’ll publish full documentation after the move to Polkadot is complete in late September, which should be helpful to other projects considering this path. — Solo-to-parachain pallet. — In order to provide the safest and most seamless move from Kusama to Polkadot, the “solo-to-parachain” pallet provided by Parity Technologies will be used. This also allows us to keep the full block history, and it will not be necessary to temporarily restore the Sudo key to the KILT network. This process requires adding two more abilities to the KILT Council: Execute XCM call to swap parachain lease, Remove the requirement that the Relay Chain block should strictly increase between two parachain blocks (Polkadot has lower block numbers than Kusama)., Also the “solo-to-parachain” pallet needs to be added to the KILT runtime. — Governance by KILT community. — Of course this requires a governance decision by the KILT community. The proposal will be posted by mid-September and the referendum will start approximately 7 days later. The governance phases will be announced on KILT channels (Twitter, Telegram, Discord and KILT.io). We encourage the KILT community to vote on the referendum. After the referendum has passed, the Council would execute the move to Polkadot...




KILT Moves to Polkadot

BOTLabs GmbH Secures Polkadot Parachain Slot BOTLabs GmbH, the initial developer of KILT Protocol, is proud to announce plans to move the KILT blockchain from the Kusama Relay Chain to the Polkadot Relay Chain. The Polkadot parachain slot required for this move was secured by BOTLabs in auction 24 last week. The Kusama and Polkadot Relay Chains provide shared security to parachains. Kusama is the experimental network, while Polkadot provides additional levels of stability and security. KILT is a blockchain identity protocol for issuing self-sovereign, anonymous, verifiable credentials and decentralized identifiers (DIDs). KILT went live in September 2021 after winning a Kusama parachain slot. During the last 11 months many new functionalities were added to KILT, and the network has proven its efficiency and utility to tens of thousands of users. Fifty partnerships within the blockchain and identity ecosystems have been established; Web3 apps including SocialKYC and DIDsign has been developed using KILT Protocol and the KILT blockchain. KILT has proven to be a mature infrastructure. Now large-scale enterprises in the accounting, media and medical sectors are starting to implement business cases on KILT. These production systems will require extreme stability and bank-level security, which KILT cannot provide within the experimental Kusama network. So it’s time for KILT to move to Polkadot. We will follow the original plan of...




DIDsign vs. Web2 Signing Services

Web3 decentralized applications (dapps) are in many ways superior to Web2 services. DIDsign, the digital signature service built on KILT, is a sign of what corporates and consumers can expect in a Web3 world. DIDsign provides a way to sign any digital file directly in your browser. The DIDsign signature is uniquely linked to the person signing as it is based around an industry-standard decentralized identifier (DID). This is a string of numbers and letters that forms a “digital fingerprint”, allowing users to build a digital identity by adding credentials, a unique web3name and any other information they wish to make public. DIDsign offers several advantages over similar Web2 services: — Privacy - Web2 signing services require the user to upload the documents they want to sign to a server. With DIDsign, files remain under the user’s control on their device. The user opens the DIDsign website on their computer and adds the file/s they wish to sign either using the drag & drop function or by selecting from their files. They then sign via their Sporran wallet, a browser extension on their device. This ensures the confidentiality and integrity of their signature. Once they have signed, they need to save the signed files and signature (usually as a zipfile) to their device. When the browser is closed, all data is deleted. That means the user’s data is never transferred or monetized. Web2 signing services requir...




The History of Web3 in a Nutshell

Is Web3 just hype or will it be integral to our day-to-day life in the future? Here’s a brief history of the web to put Web3 in context. Web3 is often described in idealistic terms with the promise of freedom, democracy and a fairer internet for all. However, some users of the internet may be put off by Web3’s connection to cryptocurrencies and complicated blockchain technology. Others think it’s only for tech users or specialized use cases such as gaming, the metaverse, NFTs, or decentralized finance (DeFi). But Web3 offers more practical and economical advantages than that. The new protocol layer expands the existing protocols of the internet, bringing innovation back to the web and increasing value creation — the process of turning resources into something of value for others. A look at how the web has developed so far shows how it has evolved, and puts current developments in perspective. — Web1. — The web is such an integral part of life nowadays it’s hard to imagine life without it. The internet made its first appearance in 1978, when it was developed for and financed by the military. The infrastructure consisted of several protocols such as IP, TCP, UDP, and SMTP, most of which are still being used today. Although these were free and unregulated, adoption was slow. It took until 1991 for the World Wide Web (www) to appear, invented by Tim Berners-Lee at the CERN scientific research center ...




BTE and myNFT Announce AssetDIDs for NFTs, Built on KILT

Unique digital identifiers will ensure authenticity across multiple chains to prevent counterfeits 10 June 2022, Austin, TX and London — Today at the Consensus conference, myNFT and B.T.E. BOTLabs Trusted Entity GmbH (BTE), a developer of applications for KILT Protocol, announced the launch of AssetDIDs, a new type of identifier that can be used with multiple asset classes from fungible and non-fungible assets like NFTs. A DID or decentralized identifier functions like a digital fingerprint does for people. A DID can be created for machines, services, and anything that identities can be attached to, including assets. Verifiable credentials can be attached to AssetDIDs, which uniquely describe an asset on any given blockchain. By connecting credentials to these entities, AssetDIDs can transparently ensure authenticity and other properties of both physical and digital assets like NFTs across multiple chains. A unique AssetDID for an NFT is generated from four existing datapoints about the asset:The NFT identifier issued by the creator.The NFT standard that was used to create the NFT (there might be two NFTs with the same NFT identifier, but from different standards).The identifier of the issuing instance (e.g. smart contract, blockchain, person, which might not be unique).The identifier of the blockchain (there might be different chains with common asset-issuing logic). All together, these uniquely describe an NFT. A...




Looking Forward — web3name

Looking Forward — web3name Making Web3 Accessible Written by Majella Horan, Content Writer for KILT Protocol. Since launching in April 2022, over 10,000 web3names have been claimed. In short, a web3name replaces a long string of numbers and letters (typical for blockchain) with an easily readable name. But it’s so much more! Welcome to the world of identity in Web3. — Identity on KILT. — KILT allows you to generate your digital identity easily and safely. Identity on KILT begins with a decentralized identifier (DID). A DID is an industry standard developed by the Decentralized Identity Foundation (DIF) for standardization by the World Wide Web Consortium (W3C). In essence, a DID works as your digital fingerprint. Using KILT, you can generate your own DID — a unique and cryptographically verifiable string of numbers and letters specific to you and entirely under your control — via the Sporran wallet on your laptop. Then you can build your digital identity around it by adding credentials — attributes, certificates, social media accounts, the things that make up who you are in the digital sphere. Your DID may also be registered on the KILT blockchain and represented by an easily-readable web3name such as w3n:majella. Since your web3name is unique and secured by the KILT blockchain, no one else can claim it. Similar to the real world, the identity you build around it is not transferable and ...




On-chain DID Deposits on KILT: Why They Exist

Upgrading your DID currently requires a deposit of 2 KILT. Let’s dive into why this deposit exists and how it works. First it’s important to understand how DIDs (decentralized identifiers) form the core of your digital identity on KILT. After generating your DID in the Sporran wallet for free, you can start building your digital identity by adding credentials such as your social media handles. Upgrading your free DID to an on-chain DID and anchoring it on the KILT blockchain enables applications “built on KILT” that make Web3 more accessible. For instance, you can add a unique, easily readable web3name to represent the DID’s string of numbers and letters. You can also link some of your credentials publicly, adding an extra layer of verification to your identity. You can also use your on-chain DID to sign any digital files — PDFs, audio, video, software — privately and securely using DIDsign. In simple terms, a blockchain is a digital, decentralized database, or record of transactions. Each digital bookkeeper in the system (in this case, collators on the KILT blockchain), has a copy of all the transactions on the chain. Since this amounts to a lot of data that is continually being replicated and must be accessible, it’s important that unnecessary data be deleted. As a Kusama parachain in the Polkadot ecosystem, KILT uses an energy-efficient system in which the fee required to write and store this dat...




Moving Through the Metaverse: The Path of Decentralization

By Ingo Rübe, founder of KILT Protocol and CEO of BOTLabs GmbH, the initial developer of KILT. The internet is evolving as rapidly as technology develops, leading to a lot of talk lately about Web3 and the Metaverse. These developments are not just about a better quality of immersive gaming, they also point to a bigger shift in the way we all live and do business. While it may take years for this new era to reach maturity, now is the time to consider how it is developing and what kind of a future we want to be part of creating. — Web3. — Web3 has been described as the next generation of the internet — a fairer, decentralized version where big corporations lose their monopolistic hold on our data. Blockchain technology is a major contribution to this development, due to its ability to facilitate decentralization and enable the transfer of data and crypto tokens safely without having to trust in an individual or centralized organization. While Web3 has been criticized in some quarters as a shift away from the free internet, it should rather be seen as a shift away from our current internet model where users are the product, with their data collected and monetized by service providers. — The Metaverse. — The Metaverse has many definitions. In its simplest form a Metaverse can be understood as a digital universe running alongside our physical universe. While often associated with gaming and 3D techn...




  KILT NEWS


KILT Launches New Application for Digital Identities

    KILT announces the launch of web3name, an application for creating a custom name to represent users' digital identity. The new approach would increase the transparency of users' identities without sacrificing the privacy involved with personal data. KILT, a blockchain identity protocol based on the Polkadot network, issues a new form of digital credentials, Web3name(w3n), for users to represent their own digital identities. The credentials recorded on the distributed ledgers will be permanent addresses users can access anytime on the Polkadot ecosystem, as stated in the announcement. Web3name is unlike a decentralized identifier embodied as a unique string of numbers and letters. Instead, it could be translated as simple letters like ingo, doso, etc. Using SocialKYC, an attestation service built on KILT, users can create credentials linking to their own email accounts or GitHub, Discord, Twitter, and others. According to KILT's prior announcement, SocialKYC would not get users' personal information stored in any centralized data center. 'Unlike sign-in processes on the internet to date, SocialKYC then forgets about the user and the credential as soon as the credential is issued. The credential, the personal information, and the control remain with the user.' The team considers W3n as an enhancement of how digital identities are processed on the blockchain. W3n doesn't replace a wallet address but supplements it. One w3n can connect to several addresses. Though only on... read More



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