About Inventions-
Since the advent of mankind, human beings have been earnest in inventing something or the other to reduce their hardships, increase their comfort and make their lives a little easier. Going back in the timeline, the invention of a wood scraper by Australopithecus, our ancestor, marked the first ever invention to be made. This was an important achievement as it showed that human beings not only had the large brains to understand things, but also change the way things work for their own benefit.
With that, a series of inventions began like the ability of controlling and creating fire, the invention of the wheel, screws and nails that joined things together, compasses, paper, printing press, electricity, steam engine, vaccination, automobiles, airplanes, rockets, computers and the most recent and ever growing Internet. Technological breakthroughs have been happening since the invention of Internet and we can just sit and marvel at the capabilities of our own species. Every invention has been timeless and helped us achieve a greater control of our surroundings, made us more intelligent, informed and aware of the world around us.
Internet and its benefits-
Talking of the Internet, it has been a platform that has all the things that you could ever imagine. Internet has made available all the necessities of daily life online. You can wake up in the morning and buy vegetables from Amazon, order your favourite clothes on various shopping stores, check live news updates of any place in the world or maybe watch your favourite sports match. Internet has opened the arena of increased job opportunities, educational resources, and so on.
All the necessities of the physical world can be fulfilled in the virtual one. You don't need to wait in long lines for opening your bank account, or spend a lot of money to call your sister in another country. You can avail medical advice, fitness advice, relationship advice, etc. With ease. With the commercial success of the Internet a lot of start-ups were designed that made use of the Internet. Keeping up with the developments are hard as new ideas to improve the Internet appear almost every day.
About Blockchain-
One such technology was the blockchain. Now, a lot of people aren't aware of the working and benefits of the blockchain. If you are in touch with the news, you must have heard of a certain bitcoin that created a rage a few years back. The fundamental technology behind bitcoin is the blockchain. Blockchain is a platform that could be closely compared to Wikipedia. It is a kind of a public listing of all the activities ever done inside it. This makes it a very transparent platform as everyone can see what's going on in that certain platform. However, the key point is, unlike Wikipedia, not everyone can change or alter the information fed into it.
Blockchain stores information in blocks, which are encrypted. To decrypt or alter that information, one needs to have a key. Only such people possessing key of a particular block are allowed to make changes in the certain information stored. This warded off the concern of its reliability and security. Now comes the part of cryptocurrency. Cryptocurrencies are kind of a digital currency, or a sort of an asset that is used as a medium of exchange. All the cryptocurrencies work on blockchain technology, hence they are safe to use.
About Kryptopal-
The increasing popularity of blockchain technology and cryptocurrencies made it necessary to implement this technology into practical use and commercialize it. However this task proved to be difficult as it requires a radical switch into apps and platforms that support the technology. Instead, Kryptopal, an initiative, makes it possible to integrate blockchain into every app that we locally use and that would enable us to enjoy all the benefits blockchain provides, and transact via cryptocurrencies.
So all our favourite e-commerce websites, educational platforms, social media and so on, would be able to interconnect with each other and we can use our cryptocurrency to carry transactions and process information across apps and websites. The KryptoX is the internal token of the ecosystem and transactions primarily take place through it.
Conclusion-
Thus, Kryptopal revolutionizes the already revolutionary blockchain and makes it fit our daily lives effortlessly. With the popularity of blockchain and the seamlessness provided by Kryptopal, this start up would surely be a huge success.
Website - https://kryptopal.io/
Whitepaper - https://kryptopal.io/wpcontent/uploads/2018/04/Whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=4417025.msg39393020#msg39393020
Telegram - https://t.me/kryptopal
Published by - smithjones
Profile - https://bitcointalk.org/index.php?action=profile;u=1936039