Frequently Asked Questions

What is the point of KlickZie and the KLK Cryptocurrency?

KlickZie and KlickZie’s ArK and Activated Imagery app platforms allow smartphone users worldwide to gain leverage and KLK rewards with frictionless KLK transactions with the world’s providers of goods and services. Users are also enabled to find and monetize value from their smartphone pictures and videos, and to gain revenues from advertisers who place ads on KlickZie’s platforms. The point of KlickZie and the KLK Cryptocurrency is to make the world a better and more fair place to transact the business of living.

What blockchain are you using?

The KlickZie ecosystem aims to give smartphone users cryptocurrency access to their ordinary purchases of goods and services of every kind. This requires and demands a next generation blockchain faster and more frictionless than any existing blockchain. The KLK cryptocurrency will begin life as an ERC20 compliant cryptotoken on the Ethereum blockchain but with planned migration in a one for one swap to a cryptotoken of such a next generation fast blockchain, or in a one for one swap to the KLK coin on our own high speed blockchain, branded the KlickZie zChain, now under exploratory development.

Why is migration to a faster blockchain planned?

KLK cryptocurrency needs eventually to be capable of supporting transactions between billions of smartphone users and hundreds of millions of providers of goods and services worldwide. Existing decentralized blockchain technology cannot currently support global transactions of the volumes generated by a broad KlickZie rollout. But blockchain technology is evolving rapidly and legacy blockchains are being improved. Blockchain “proof of stake” solutions with branching functionality creating smaller groups of nodes identifying verifiers (miners) that create very small blockchains with subsequent metadata pushed back to be synched with the main blockchain are being developed to satisfy the volume capacity required of a KLK ecosystem. Migration in a one for one swap of KLK to a new KLK token or coin will eventually become unavoidable for these volume requirement reasons.

Why does development take so long?

A blockchain-based ecosystem cannot be readily updated to make fine adjustments in performance. Updating a blockchain involves creating a “fork” in which the old blockchain is simply abandoned for the new one, and where the users have to be persuaded to jump off the old one and onto the new one. A forking process has difficulties that are minimized by careful bulletproof development.

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