General

What is Kowala?
The Kowala Protocol defines a method for constructing a family of distributed, self-regulating, asset-tracking cryptocurrencies called kCoins. Each kCoin is...
Tue, 23 Oct, 2018 at 7:57 AM
What is a stablecoin?
A stablecoin is a cryptocurrency designed to keep the value of each of its units equal to the value of a unit of a fiat currency. The first stablecoin that ...
Tue, 31 Jul, 2018 at 5:24 AM
How does Kowala differ from Tether?
Tether is backed by cash held in bank accounts, whereas kUSD is backed by algorithms designed to keep the supply of kUSD matched to its demand.
Tue, 31 Jul, 2018 at 8:17 AM
How does Kowala differ from Basis?
When coins need to be removed from circulation, Basis does this by encouraging a small set of bondholders to lock up coins, wherease kUSD applies a special ...
Tue, 31 Jul, 2018 at 8:18 AM
What is the difference between kUSD and all the other cryptocurrencies?
Primarily, it is that kUSD has a stable value, 1 second block times, high transactions per second, and very low transaction fees. Secondarily, it inherits t...
Tue, 31 Jul, 2018 at 8:20 AM
What are some of your stability mechanisms?
The primary ones are 1) mining rewards that apply and quickly increase when the price of kUSD is above its $1 target, and 2) stability fees that gradually i...
Tue, 31 Jul, 2018 at 8:23 AM
What if someone maliciously trying to break the peg?
A prospective attacker would need to acquire a large amount of kUSD at or near its target price, and then sell this kUSD at a large loss. We expect that aft...
Tue, 31 Jul, 2018 at 8:25 AM
Could a lack of confidence bring a death spiral in the system?
We expect that our reward structure will incentivize miners and traders to act in a way that brings the price of kUSD back to its $1 target, thus avoiding a...
Tue, 31 Jul, 2018 at 8:28 AM
Will Kowala be offering a decentralized encrypted messenger within the wallet app to provide a secure chatting for the users?
Some of our devs come from projects like Status, so you can be sure we’re thinking about messaging. At the moment, though, this feature is not on the roadma...
Tue, 31 Jul, 2018 at 8:57 AM
Will you create a downloadable wallet?
We are building a cool, easy-to-use, web-based wallet app with the launch of kUSD. Stay tuned for more details and maybe some screen shots soon. We will, of...
Tue, 31 Jul, 2018 at 8:59 AM