🔩Core Components of Kinetik's Blockchain Architecture

• Distributed Ledger: A shared database maintained by multiple nodes, recording transactions and system states.

• Consensus Mechanism: Kinetik employs a Delegated Proof of Stake (DPoS) consensus mechanism to achieve consensus among network participants.

• Smart Contracts: Self-executing contracts with the terms of the agreement directly written into code.

• Cryptography: Advanced encryption techniques to secure data and transactions.

• Decentralized Storage: Distributed storage of data across multiple nodes to enhance fault tolerance and data availability.