What is KILT?
KILT is an open-source blockchain protocol for issuing self-sovereign, and verifiable credentials for Web3, the next generation of the internet. KILT’s mission is to return control over personal data to its owner, restoring privacy to the individual. Developers and entrepreneurs can use KILT’s SDK to quickly spin up applications for issuing, holding and verifying credentials in order to create businesses around identity and privacy. KILT Protocol is the technology on which SocialKYC, a decentralized identity verification service, is built.
How do BOTLabs and KILT relate?
KILT Protocol was initially developed by BOTLabs GmbH in Berlin BOTLabs currently owns around one third of the existing KILT coins as outlined in KILT’s updated tokenomics. To ensure democracy and decentralization, BOTLabs will abstain from voting on all proposals and referenda, except in a critical situation where a malicious proposal threatens the technical security of the network. The percentage of coins owned by BOTLabs is designed to decrease over time, due to inflation in the network.
What do I need to do if I want to use KILT?
Is it really free?
The KILT Protocol is licensed under a commonly used license model for open-source software. Using the software of the reference implementations and using the principals of the protocol will not be charged. However, anyone is free to develop applications on top of the KILT Protocol and license them in exchange for money or offer paid services on top of the KILT Protocol. It will also be possible to earn KILT Coins by offering services like attestations with the KILT Protocol. Offering such services is a business model for Attesters. Neither BOTLabs nor the KILT Foundation will charge any fees to anyone using the KILT Protocol software.
I need KILT in my organization. How do I proceed?
I want to become a System Integrator. What do I need to do?
First of all: get in touch via firstname.lastname@example.org – we will start the process together with you. For becoming a Certified KILT Integrator, we will ask you to show us some work already done on KILT. KILT’s Team will conduct a code review and we will ask for a short interview with one customer of yours you met in a project situation.
Is KILT running on Ethereum? And will the KILT Coin be an ERC20 Token?
No. The KILT blockchain is built on Parity Substrate and is running as a parachain in the Polkadot network. KILT has its own native blockchain and a native KILT Coin.
Is there a blockchain explorer which I can use for debugging and can I have access to the telemetry of the KILT Blockchain?
Can I install a KILT full node myself?
You can, but you don’t need to. We’ve deployed full nodes for you touse. If you wish to run a full node and connect to KILT Spiritnet (the KILT Mainnet), our codebase is open source and available here.
Can I clone KILT Protocol and run a permissioned blockchain?
Yes – like Bitcoin and Ethereum, KILT is an open-source protocol, so the codebase etc. can be cloned to start your own chain. However, the cloned chain would be independent and outside the KILT trust ecosystem and token-based economy.
How can I become an Attester?
Anyone can become an Attester by integrating the KILT SDK into their business processes, creating a CType (Credential Type) and then building an Attester business. The success of this business, however, will depend on building real-world trust.
Is there a wallet?
Yes, the Sporran wallet is a browser extension to read and display KILT Coin balances from the KILT blockchain or from third-party applications. Sporran also allows users to sign and send transactions on the KILT blockchain. Sporran (/ˈspɒrən/) is the Scottish Gaelic word for “purse”.
What are parachains?
Parachains are sovereign blockchains running in parallel within the Kusama and Polkadot networks. Conceived by Gavin Wood, co-founder and former CTO of Ethereum, parachains bring the future of the internet to a whole new level, allowing the scalablility, interoperability, and security needed to really turn the promise of blockchain into the next generation of the internet, Web 3.0.
How does KILT use blockchain?
KILT brings real-world accreditation to the digital world, creating a way to verify credentials and bring trust to a whole new level. Proof that the credential is still valid is stored on the KILT blockchain as a hash, making the credential revocable without storing the private data. The blockchain is also used for anchoring decentralized identifiers (DIDs).
KILT enables individuals, businesses, and governments to rely on a common identity standard which is owned by everyone participating and not by a single company.
Why did KILT become a parachain on Polkadot?
Parachains are sovereign, layer-1 blockchains running in parallel within the Kusama and Polkadot networks. Conceived by Gavin Wood, co-founder and former CTO of Ethereum, parachains bring the future of the internet to a whole new level, allowing the scalability, interoperability, and security needed to really turn the promise of blockchain into the next generation of the internet, Web3. Using this technology, KILT can run with low transaction costs and a low carbon footprint.