What is mkr coin in Chinese

What is mkr coin in Chinese? According to cryptoglobal, what is mkr coin in Chinese. It is a privacy centered Cryptocurrency. The team members of the project stated that their goal is to apply blockchain technology to the financial industry. They also pointed out that a smart contract based application has been developed on the basis of Bitcoin. MKR token is a virtual currency issued by MyKrona, a community driven network platform. Unlike Bitcoin, it is supported by Open-source software. The underlying architecture of Cryptography and distributed ledger technology is used to solve the trust problem in the encryption field and prevent fraud, which enables the company to complete transactions and obtain benefits without the intervention of third parties or intermediaries

What currency is MKR?

According to official information, what currency is MKR? In short, it is a virtual currency project similar to Litecoin According to the introduction, the initial token model of this project is ERC20, and its main features are as follows:

1. New consensus algorithms and smart contracts have been added on the basis of blockchain technology 2. By expanding the existing block size by 100 times to improve security, scalability, and other performance, while maintaining a transaction volume of less than 500000 transactions per second (TPS) 3. Supports multiple fork types, such as a single main chain and multiple side chains.