
As the KILT mainnet launch approaches, KILT CEO and founder Ingo Rübe shared their plans for the next few months. In the future, we will continue to update you on KILT's milestones and external partnerships through their blog, Twitter and Telegram channels. First, let's share a brief overview.
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Why does KILT need a parachain?
The opportunity to launch a parachain on Kusama and interact with other fast-growing Polkadot ecosystem projects is very attractive. The Kusama parachain can provide core functions for KILT, including:
Final confirmationThe ability to block, thereby securing our network, even though KILT is a network backed by a relatively small collator. This provides an additional layer of security to the KILT blockchain.
KILT will be able to provide its DIDs(decentralized identity) andverifiable credentials。
network effectnetwork effect。
useuseFunctionality of other parachains, such as smart contract systems and Oracles.
Our goal is to use Kusama's parachain as soon as possible, because many ecosystem projects intend to use KILT's functionality, and we want to provide this functionality as early as possible.
Therefore, we will participate in the auction of the first Kusama parachain and plan to launch our mainnet after obtaining parachain slots. We are also looking forward to the development of the Kusama to Polkadot bridge, which will allow us to provide KILT functionality to Polkadot parachain projects as well.
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next plan
Get Rococo's parachain slot (accessed on January 29, 2021)
Parity Team Launches Kusama Parachain Auction Schedule
KILT wins the auction and gets a slot for the Kusama parachain
KILT launched the main network, carried out PoS migration and launched governance functions
Start Polimec Upgrade
(KILT Roadmap — How We Launched the KILT Protocol)
With the launch of the Kusama parachain, KILT will gradually become a fully decentralized protocol. We're excited to bring new possibilities to our partners, creators, and the Polkadot ecosystem!
After that, KILT may bid for a Polkadot parachain slot and move the KILT parachain to the Polkadot network. The escalation of this possibility will be the KILT community throughgovernance modelfirst level title
KILT Collector Program
Translation: Polka World, the first Chinese community of Polkadot, the Chinese operation partner of Web3 Foundation
original:https://kilt-protocol.medium.com/kilts-path-to-parachains-ad3be644db8a
Translation: Polka World, the first Chinese community of Polkadot, the Chinese operation partner of Web3 Foundation