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KKylin

Building a Cross-chain Platform Powering the Data Economy on Polkadot The Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot

kylin.network













K Kylin

Positioning Statement

Kylin Network aims to Build a Cross-chain Platform Powering the Data Economy on Polkadot. It will become the Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot.

Dapp

Parachain

1 Stock

M

Mainnet Parachain

Is

Insurance

Bridge Parachain

Navigation

Polkadot Relay Chain

Kulin

Multiple Data Sources

Ethereum

Flight

1 NEO

Weather

♡ Tron Network

IPFS

EOS

APIE

API

Kylin Network offers any applications and blockchains (such as parachains and parathreads) instantaneous but reliable and valid on/ off-chain market data and social data sources by leveraging the power of Polkadot/Substrate Framework on open networks.






Existing Problem and Our Solution

KKylin

Accessible data querying and data analytics services are needed.

0)

Legacy oracles incur high costs and difficulties in feeding off-chain data.

Substrate offers a better framework and developing toolkit.

The interoperability and scalability of Polkadot exceeds that of Ethereum.

«1»

</

kylin.network







K Kylin

Overview

Kylin Network provides a state-of-art solution to solve the above problems. The architecture of Kylin Network includes the below four major components:

Kylin Data Analytics is a combination of analytic tools designed for data warehouses. It provides a query engine and RESTful API for third-party applications and external analytics tools.

Kylin Data Oracle is an advanced decentralized data feeding protocol powered by Polkadot/Substrate offering multiple, real-time data sources with complementarity to and synergy with offchain workers.

Kylin Data Marketplace is an open platform for data exchange and pricing. Dapps built on Polkadot can easily and efficiently collect both offchain and on-chain data,only paying a very competitive fee.

Kylin Token $KYL is the native token of Kylin Network which will play the role of governance and other utilities. $KYL is necessary to secure and power the decentralized data network.

kylin.network




K Kylin

Technical Architecture

The system architecture is designed as the Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot.

Kylin Marketplace (Data Exchange and

Pricing)

Data Sources (Blockchain Data,

Market Data, Social Data, etc.)

KKylin

Kylin Oracle (Advanced Data Feeding

Service)

Third Party App (Dapp, Networks, etc.)

Data Consumers

Network

Open API/SDK

Off-chain Workers

Data Storage

(IPFS, Local Storage, etc.)

Kylin Analytics (Analyzing Tools for Data

Warehouses)

Query Engine

External Analytics Tools (BI Tools, Machine Learning, etc)

REST Server

The ultimate goal is to provide an essential Open API and SDK from a high-level perspective with the above tools, fully powering the data economy on Polkadot.




Data Oracle

K Kylin

Kylin Oracle encompasses five entities, including Data Consumer, Data Warehouse, Oracle Node, Arbitration Node, and Blockchain Node. These five entities represent the major components of Kylin's architecture.

Data Consumer

Data Warehouse

Data consumers may represent smart contracts, APIs, blockchains, protocols, applications or any data repository.

Data Warehouse(DW) in Kylin Protocol is a decentralised on-chain repository of integrated data from one or more disparate data sources such as Oracle Nodes and the Arbitration Nodes.

ore

Oracle Node(Miner)

Arbitration

Blockchain Node(Validator)

Oracle Node handles all the data requests such as social data and market data from separate off-chain data sources, and signing the transactions of the Kylin parachain.

Arbitration Node guarantees the security and accuracy of external data by verifying the data integrity and the validity that Oracle Node provided.

Data Warehouse(DW) in Kylin Protocol is a decentralised on-chain repository of integrated data from one or more disparate data sources such as Oracle Nodes and the Arbitration Nodes.

kylin.network





Substrate/Polkadot Integration

K Kylin

Block T

Block T+1

Block T+2

On Chain

The off-chain worker (OCW) of Substrate Framework can make off-chain data integration secure and more efficient, which is ideal for real-world data inputs via oracles.

Data Header Transaction Contract

Data Header Transaction Contract

Data Header Transaction Contract

RPC API

Substrate Runtime

Off-chain workers

Extrinsics (Signed or Inherents)

Long Running Task

Competitive Advantages:

External Service cal (HTTP)

Core Infrastucture (storage, networking, etc.)

Miner

K

Encryption/ Decryption

Substrate Node

Arbitrator

Security for Everyone # Cost Effective&Scalability Toy True Interoperability © Data-oriented Network

Off Chain

Data Consumer

Data Source

kylin.network








Data Marketplace

K Kylin

Marketplace

Submit

Capturing and coordinating all the data allows a one-stop shop for any developer to inform and ease the process of building.

Popular data feeds

Load more

SDK

Market Contact

Validated data can be coordinated and managed such that the targeting of premium data feeds becomes possible. Specifications surrounding access to data via data feeders can be set up autonomously by the data provider in addition to cost of access in $KYL.

+

KKylin Kylin NETWORK

Premium Data

Source

Kylin On-Chain Contracts

User Contact

IPFS

PFS

Local Data Store

kylin.network







K Kylin

Token Economics

The Kylin Network Mainnet token $KYL is necessary to secure and power the decentralized data network. The use-cases and utility of $KYL include but not limited to:

Stake to be a Miner or

Arbitrator

Intermediary of

Exchange

On-chain Governance

All miners are required to stake KYL with

a higher stake equating in a high probability of being selected to fulfill

data requests.

Intermediary of Exchange: KYL tokens will be used to pay as a transaction, query fee, and also for data access

behind paywall (private APIs).

On-chain Governance: KYL Token holders are able to vote for the protocol upgrades and parameter changes on

Kylin Network.

kylin.network





Application Scenarios

K Kylin

Decentralized Insurance

Automatic Payment

Cross-chain Decentralized Exchange

Stable Coins and Crypto Derivatives

Decentralized Casinos and Games

Eo

Crypto Asset Lending Platform

Blockchain Computing Market

kylin.network







K Kylin

Ecosystem Landscape

OTCMarkets Bloomberg Market

Lice OCME Group Data

O

Cloud

salesforce Computing amazon

twilio Microsoft

Flagship

LEADERS

proMerchant

MERCHANT SERVICES

CoinGecko BuzzSumo) TokenInsight BRAND24

w CoinMarketCap

Event + Data

Payments

Credit Card Processing.com Payment Cloud

External *

Blockchain O

CHANEXT CM M

Investing.com A

B

COINMETRICS

®

APIs

Transactions

Smart Contracts

PNY

W

'

reer

Onlfical Website

SIAKED TECH

kylin.network



K Kylin

Roadmap

2020 Q2

Proof of Concept Core Protocol Prototype Establishment

2020 Q3 Draft and Improvement of the Whitepaper

2020 Q3 Development & Marketing Launch

2020 Q3 Official Whitepaper Publish

8 2021 Q1

2021 21

Mainnet Test Version Online

Announce Bug Bounty Program

2020 Q4 Private Testnet Release Internally

2020 Q4 Smart Contract Security Audit

2021 03

11 2021 Q3

9 2021 Q2

Implementing Bridges to Multiple Blockchains

Mainnet Version 1.0 Online

Integrating Testnet DApps and Partners to Mainnet

kylin.network



Team Experience

K Kylin

The 21-person team and advisor consist of technical, marketing and financial talent coming out of top blockchain projects, schools and employers including Columbia University, Wharton, John Hopkins, Beam, TomoChain, JP Morgan and Credit Suisse.

CONCORDIUM

CREDIT SUISSE A BEAM

$AdEx O CONCORDIUM DIA t TomoChain 00 Harmony Huobi Global J.P.Morgan

h COLUMBIA UNIVERSITY

Wharton

IN THE CITY OF NEW YORK

JOHNS HOPKINS UNIVERSITY

UCL

UNIVERSITY of PENNSYLVANIA

CFA Institute

CFA Institute

CLOVER

CLOVER

Georgia

Tech

Geometria

Open Source Initiative

Open Source Initiative

Cere Network





K Kylin

Strategic Investors

Kylin Network completed its seed fundraising in November, receiving enormous support from nine institutional investors on capital, project advisement, tech development, future parachain slot auction, and more.

DIGITAL STRATEGIES

L. SIGNUM.

CAPITAL

K

PNYX

ventures

> MoonrockCapital

AU21 Capital

CMS

ZMT Capital

rarestone

TENZOR CAPITAL

kylin.network







Substrate Framework

KKylin

O Security for everyone

Polkadot's novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.

O True interoperability

Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.

WHO WII

.

..

User-driven network governance Polkadot has a sophisticated governance system where all stakeholders have a voice. Upgrades to the network are coordinated on-chain and enacted autonomously, ensuring that Polkadot's development reflects the values of the community and avoids stagnation.

WIMMIN

W

IN

100 W

O Economic & transactional scalability

Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.

kylin.network




Privacy and Security

K Kylin

Data Input

Kylin Real-time Transport Protocol (KRTP)

The blockchain will employ the Kylin Real-time Transport Protocol (KRTP), a profile of the Real-time Transport Protocol (RTP), which provides confidentiality, message and data authentication, and replay protection to the RTP traffic and to the control traffic for RTP, the Real-time Transport Control Protocol (RTCP).

Kylin Transport Access Control (KTAC)

KTAC approach can easily be generalized to protect many different types of commercial applications. KTAC features include permission control and confidentiality, un-linkable identity privacy for blockchain participants, a modular and easily auditable consensus protocol, and improved scalability.

Data Ouput

kylin.network





K Kylin

Challenger Dispute

In order to prevent malicious quotations from affecting Kylin Oracle's external price inquiry service, we design a challenge mechanism. Any arbitrator can challenge the quotation from miners. Challenges and quotations need to stake KYL.

Challenge success, rewarded with 20% token slashed

If the arbitrator succeeds in the challenge, he will be rewarded with 20% KYL slashed from the staking of miners. If the challenge fails, the challenger will lose the staked KYL, and the KYL will be burnt directly. The arbitration standard for quotation is that the quotation price does not deviate from the real-time price at the time of quotation by 5%.

Challenge stake KYL to start the dispute

A robust oracle network

Challenge failed, all staked token will be burnt

kylin.network




K Kylin

Token Economics

Optimal Ranking Zone Model (ORZ).

Weight

The Kylin Network Mainnet token KYL is necessary to secure and power the decentralized data network. The use-cases and utility of KYL include but not limited to:

Stake to be Miner and Arbitrator: All miners are required to stake KYL with a higher stake equating in a high probability of being selected to fulfill data requests.

Intermediary of Exchange: KYL tokens will be used to pay as a transaction, query fee, and also for data access behind paywall (private APIs).

Staking Amount Percentile

On-chain Governance: $KYL Token holders are able to vote for the protocol upgrades and parameter changes on Kylin Network.

Kylin Network will make settings on different weights on different staking amount ranking: Optimal Ranking Zone Model (ORZ). The staking amount ranking is based on the jump ranking weighting algorithm rather than the weighted average of the nodes staking amount. This is to avoid the control of KYL by a few people, avoid monopoly, and break up large nodes.

kylin.network

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