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Kleros Stock

Kleros

PNK

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Kleros Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GatePNK/USDT0.0167.41482,729.530cex27/9/2025, 6:23 AM
MEXCPNK/USDT0.0120.05425.1756,340.810cex574/8/2025, 6:35 AM
BingXPNK/USDT0.01831.571,438.1130,064.270.01cex1577/9/2025, 6:21 AM
BitfinexPNK/USD0.0121,225.7937,513.998,666.840.01cex3197/9/2025, 6:23 AM
CoinExPNK/USDT0.0127.7552.792,672.930cex17/9/2025, 6:23 AM
Gate.ioPNK/ETH0.010000cex14/8/2025, 6:32 AM
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Kleros FAQ

### What Is Kleros (PNK)? Kleros, symbolized by PNK, is a decentralized dispute resolution platform built on the Ethereum blockchain. It operates as a third-party, providing resolutions for smart contracts and blockchain applications where automated judgments might not be applicable. Combining blockchain, crowdsourcing, and cryptoeconomics, Kleros aims to deliver a reliable arbitration service for various industries. Key components of the Kleros ecosystem include "jurors" selected through a token-based random selection process. These jurors are incentivized to review evidence and make fair decisions in dispute cases. The platform’s native token, PNK, plays a vital role in participating in the juror selection process, where token holders can stake PNK for a chance to become jurors, thereby influencing arbitration outcomes. For detailed information and updates on Kleros (PNK), including statistics and performance metrics, please refer to Eulerpool.

Kleros (PNK) is a decentralized dispute resolution initiative launched in July 2018. It is an open-source online dispute resolution protocol that employs blockchain technology and crowdsourcing to adjudicate disputes in an impartial manner. Kleros provides an intermediary service for decentralized applications (DApps) and their users. When the service provided by the application does not result in a dispute, Kleros functions as a trustless third-party service for payments. In the event of a dispute, parties can request arbitration through Kleros arbitrators, who are selected from PNK token holders. PNK is an ERC-20 utility token based on Ethereum, featuring a fixed supply. Jurors, once chosen, will deliver a verdict that supports one of the parties. Arbitration fees are allocated to all arbitrators in the form of ETH, while jurors who have rendered a minority decision forfeit a portion of their PNK tokens to the majority jurors. The decision is subject to appeal, which entails additional costs. Kleros is dedicated to enhancing access to justice and promoting individual freedom. Fees for Kleros services are payable in ETH and are either provided by the disputing parties or taken from funds previously secured in escrow.

What Distinguishes Kleros?

Kleros primarily serves decentralized applications (DApps) but stands out as a decentralized and cost-effective arbitration system that may garner interest beyond the blockchain sector. It is conceived as a versatile dispute resolution platform capable of acting as a legal adjudication service across various scenarios. These scenarios encompass escrow dispute resolution, policy violations on social networks, and oracle resolutions. The PNK token is integral in all these contexts, as the quantity deposited by jurors directly influences their likelihood of being selected for a case. Additionally, it provides an economic incentive for jurors to maintain honesty during cases. PNK also bestows voting power that is proportional to the number of tokens held, encouraging token holders to retain them for governance. Jurors receive payments in ETH on a case-by-case basis through arbitration fees, further incentivizing participation.

What is the Circulating Supply of Kleros (PNK) Coins?

As of February 2021, Kleros (PNK) has a circulating supply of 599,684,715 PNK, with no available data on the maximum supply.

What Measures Are in Place to Secure the Kleros Network?

Kleros utilizes cryptography and blockchain technology to secure evidence, select jurors, and incentivize honest decision-making. The protocol token signifies the users' right to be randomly selected as jurors. As PNK is an ERC20 token, it can be stored on numerous offline or desktop crypto wallets that support Ethereum, ensuring a high level of security.

Where can Kleros (PNK) be purchased?

To purchase, trade, or sell Kleros (PNK), you can utilize the following exchanges: * HBTC * OKEx * BiONE * BKEX * Bitfinex For those who are new to buying cryptocurrencies, you can learn more by reading our guide on Eulerpool.

Investors interested in Kleros are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.