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Kima Network

The Kima Network is a decentralized settlement protocol that addresses fragmentation in the and financial sectors. It introduces the Smart Transaction primitive and an SDK compatible with and Web 2.0 applications, enabling interchain and hybrid transactions. Kima’s settlement layer supports various financial services, including multi-ecosystem payments, cross-chain swaps, and omnichannel wallets, offering a secure and accessible bridge between and . [1]

Overview

Kima, formerly Diversifi, is a tech-driven asset management platform for institutions, including investment banks, funds, brokers, and corporations with holdings. It provides risk-mitigation strategies for digital currency investments through features like sophisticated hedging, regulated frameworks, and environmentally conscious investment options. Kima's investment tools work across multiple , including products such as Structured strategies, Smart Hedges, Balanced Portfolios, and carbon offsetting Green initiatives. The platform's Protected strategy helps investors manage bitcoin volatility by offering loss protection in exchange for a portion of potential profits. [2][3]

Features

Kima Blockchain

Kima is a designed to solve interoperability issues without creating additional fragmentation. It enables cross-chain without token-wrapping, maintaining across multiple like , , and . Built using the , Kima uses a committee-based with rotating wardens who monitor and authorize cross-chain transactions through threshold signature schemes. The architecture is permissioned and permissionless, balancing security and decentralization. Its main functions include managing warden committees, executing governance, maintaining auditable records, and enabling cross-chain messaging. The warden committee handles cross-chain transfers, ensuring secure and accountable transactions and misbehavior is subject to penalties. The consensus and infrastructure draw from proven -based systems such as and . [4]

Kima Platform

The Kima platform offers cross-chain interoperability without synthetic or wrapped tokens. It maintains on (e.g., , , , ). When users wish to transfer assets (e.g., ) between chains, they deposit into Kima's pool on one chain and withdraw it from Kima's pool on the destination chain. The Kima oversees and synchronizes these transactions using a committee-based consensus, with rotating wardens ensuring that transfers between pools are properly validated. Threshold signature schemes (TSS) secure the process, with wardens operating within a Trusted Execution Environment. [5]

Threshold Signatures

Threshold signature schemes (TSS) enable participants, or cosigners, to collectively generate and control a secret signing key for a digital signature. A predefined threshold of participants must cooperate to generate a valid signature that appears identical to one created with a single key. In TSS, participants hold key shares and collaborate to sign messages, while multisig systems involve each cosigner holding a separate key with signatures aggregated by a . TSS involves two key protocols: Distributed Key Generation, where each participant receives a private key share, and Distributed Signature Generation, where these shares are used to produce a signature. The scheme's security comes from its threshold property, which ensures that even if some participants' key shares are compromised, the underlying secret remains protected, especially with periodic re-randomization. This prevents adversaries from accumulating knowledge of the full secret key over time. [5]

KIMA

The KIMA model supports the protocol by securing the , incentivizing and , and enabling the decentralized settlement layer. It aims to enhance the platform's efficiency and utility. After the token sale, $KIMA will initially have limited functionality, with additional features rolled out incrementally as development progresses. [6]

Partnerships

  • Stage
  • Forward
  • Unich
  • Whistle
  • Definity
  • Penomo
  • Gabby World
  • Kita
  • BEVM
  • Nika Labs
  • Trikon
  • Fuse
  • Synapse
  • Hybrid
  • Pastel
  • Massa
  • Klink
  • WalletX
  • Orochi
  • Blazpay
  • WOW EARN
  • ElectroWizy
  • Gate.io
  • DeGuard
  • TrintyPad
  • Attractor
  • 3VO
  • FoxWallet
  • Nitrodome
  • iLuminaryAI
  • Tea-Fi
  • Fizen
  • Monitok
  • Script Network
  • Atleta
  • Tilted
  • Zo.Me
  • Areon
  • HyperGPT
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Kima Network

Commit Info

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Edited On

September 30, 2024

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