Kik Severs all Ties With Ethereum as Scaling Problems Persist0.42

It has become apparent a lot of projects are not too happy with Etheruem’s infrastructure right now. More specifically, a lot of developers are either pursuing a multi-chain approach or simply move their project to a completely different ecosystem in the process. Kik is the latest to do so, as the project will go with Stellar for its product launch.

For the Kik team, their venture into blockchain and cryptocurrency has been a pretty interesting one. Although they are intent on building the most-used cryptocurrency ecosystem, their approach to doing so has raised a few questions. First of all, the Kin cryptocurrency was designed to be issued on Ethereum. Given the network’s ease of access for ICO projects, that decision made a lot of sense.

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