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At its core, Klaytn is an enterprise-grade, service-oriented blockchain platform. It embraces a hybrid architecture that combines the advantageous features of both public and private blockchains. This innovative approach allows Klaytn to cater to a diverse array of application needs while ensuring high performance and scalability. The platform is particularly focused on creating a development ecosystem that is accessible to individuals with varying expertise in blockchain technologies.
The essence of Klaytn's design lies in its ability to deliver decentralized data management and distributed governance while maintaining low latency in transaction processing. These capabilities position Klaytn uniquely within the blockchain sector, enabling faster and more efficient responses to market demands. The native token, $KLAY, serves multiple functions within this ecosystem, facilitating transactions, incentivizing platform interactions, and supporting various applications.
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