Kyber Network Progress Report: How Is It Going to Impact the Crypto Market

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Kyber Network Progress Report: How Is It Going to Impact the Crypto Market

Tue Jul 10, 2018 8:00 pm

Kyber Network is one of the most popular cryptocurrency exchanges in the world that offers their own default currency KNC or Kyber Network Crystal to their users. Because of the fact that the entire cryptocurrency market influenced by some big guns like Bitcoin, Ethereum, etc. is in a severely volatile state, a large percentage of current crypto-traders all over the world are looking for some useful alternatives with stability and other features like low transaction and energy consumption. KNC, the cryptocurrency that was introduced during September of 2017 by Kyber Network exchange, certainly falls under that category. Since its inception, this digital currency has been able to maintain a steady upward trend in its market capitalization due to its various distinct features.

By the end of April 2018, Kyber Network has made considerable progress in terms of new partnerships and listing. The news of its partnership with MyEtherWallet and listing on Bithumb, one of the most reputed cryptocurrency exchanges, have been quite well-known to the investors around the world. However, these two phenomena are just the tip of the iceberg of KNC’s recent development. On 29th April, Kyber Network’s team published an extensive progress report of this currency. Here, some of these recent developments will be discussed to give its holders a luculent perspective of how this digital coin is going to impact the market in future.

Technical Developments of Kyber Network:

In the past few weeks, the development team of this coin has been able to make a significant number of upgrades in its various parts. They are:

Developments in Kyber Network Exchange:

The exchange is an inextricable part of KNC and essential for its sustenance as well. As a result, the development took special care in increasing its compatibility in different browsers available all around the world. This would enable a large number of new traders to opt for this currency and start trading without any technical impediment. ... to-market/

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