Blockchain market has new member: KuCoin's KCC

[MrSpasybo]

KuCoin Community Chain (KCC) is a high-performance and decentralized public chain developed based on go-ethereum with purpose to provide users with a more high-speed, convenient, and low-cost blockchain experience.

KuCoin Community Chain (KCC) has the following competitive features:

+Fully compatible with Ethereum and ERC-20 smart contracts, with extremely low migration costs
+KuCoin Token (KCS), the native token for KCC, will serve as the only core fuel (GAS fee payment), with very low transaction fees
+Faster transaction confirmation with block results per 3 seconds, along with higher chain performance
+Proof of Staked Authority (PoSA) consensus algorithm, with contain high efficiency, security and stability

Source: KuCoin Community Chain(KCC) Testnet Launched!

So, in the end, KuCoin also responded to the request of the KCS community when launching KCC similar to Binance launching BSC & Huobi launching HECO. The blockchain race is getting hotter than ever, and new blockchains are gaining traction as Ethereum's scalability weakness becomes more apparent than ever.

KuCoin has a quite large community, mainly traders, and after KCC is launched, I believe that KuCoin will gradually become a force to compete fairly with Binance & Huobi.

The BNB & HT price has increased rapidly after BSC & HECO is launched, will KCS price also receive the same positive impact in the near future?

This is my expectation of KCS price this bullrun season, I'm not a professional trader, I'm learning trading techniques, so don't take this as an investment advice ^^

[gunhell16]

But it seems that you have a point on this one dude, I might need to buy this one I think, because KCS anyway has full potentials actually in the future, n fact, I am one of the fanatics of Kucoin anyway. In accordance with what I had read in the chart, possible that it will happen in the future, lets see what will happen besides there's nothing to loose anyway.

[TomPluz]

I have been expecting this a long time ago. Kucoin could never compete well with Binance if it would not have its own blockchain network. And of course, with this development, we can expect a big pump on KCS. Indeed, the blockchain race is getting hotter these days. Finally, there is a big potential rival to both Binance and Ethereum...and I am sure that KCC is offering low transaction cost compared to Ethereum.

[Galley]

Kucoin has always been my # 2 exchange after Binance. I worked with her and will continue to work. It was high time for them to do what they had only now come to. It's time to regain lost ground, and competition with BSC will only be for the good.

[robert20]

I think they are inspired by the achievements of BSC and BNB. They also want to gt into the race so they are also entering the field of blockchain but i think it si a good thing for us because more things gives us the opportunity to choose our preference also force other projects to improve in order to grow.

[Zed0X]

Competition among blockchains backed by top exchanges is healthy for the market. AMMs, DEXs, and Yield Farming will definitely boost the KCC ecosystem. They better offer incentives and full support to attract developers of new and/or migrating projects that will build there.

[KryptoBull]

KuCoin is a reputable exchange, however the number of trading pairs and trading volume here is quite low. KCSBTC and KCSETH pairs both have trading volume of less than 10k tokoen per day, which is really a problem for KuCoin users. Hope with the launch of KCC the number of users and transaction volume on KuCoin will increase, I will also look into KCS coin, most likely it will become the second BNB.

[Falcon]

Kucoin rank #6 in coinmarketcap. After integration on its own blockchain like binance. I think the price will fly higher than the current price $14.98. Maybe 3 months from now the price is $40 to $50 average. Many updates and partnership will trigger the price pump.

[MrSpasybo]

Kucoin rank #6 in coinmarketcap. After integration on its own blockchain like binance. I think the price will fly higher than the current price $14.98. Maybe 3 months from now the price is $40 to $50 average. Many updates and partnership will trigger the price pump.

Wow, an optimistic opinion. I also believe that if the KCC is successful and accepted by Crypto community, KCC can reach a very high price. If KCS can reach 130k sts and the BTC reaches 100k, 1 KCS = 130, not only 50 USD.
However, if KCS reaches 75 USD, it was possible to be considered a success of Kucoin in this Bullrun.

[Evgenklm]

The exchange is certainly good, but Kukoin was a little late with this, because now there are many competitors in this area who have well taken the leading positions, of course Kukoin will find its user, but in their case some kind of breakthrough, innovation, idea is needed.

[Ghozrd]

The exchange is certainly good, but Kukoin was a little late with this, because now there are many competitors in this area who have well taken the leading positions, of course Kukoin will find its user, but in their case some kind of breakthrough, innovation, idea is needed.

Hi mate,I think It's KuCoin and not Kukoin

There is nothing too late in developing this system, all investors and the crypto community expect many changes to get cheaper transaction fees.
I am happy to see this competition and hope all exchanges will do that, so we will see there will be many exchanges having coins that have ideas like Binance