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Tokel Header

The Tokel Blockchain

This repository is required to run and use the main Tokel blockchain and hosts Tokel specific developments.

To run Tokel's test chain (TKLTEST), please use the 'tkltest' branch instead.

What is the Tokel Platform?

Tokel is an open-source, decentralized, token & NFT platform.

The Tokel platform makes tokenization easy and affordable for creators, businesses and projects by offering inexpensive, user-friendly solutions for token/NFT creation, asset management, and an on-chain decentralized trading functionality without the need for complicated smart contracts or expensive gas fees.

Utilizing cutting edge UTXO based technology, the Tokel blockchain offers an array of layer 1 blockchain features, removing the need for expensive smart contract development.

Tokel's super-lite, next-gen SPV technology gives users the ability to interact with their tokens in a decentralized & trust-less fashion on any device, without the inconvenience and energy cost of downloading the entire blockchain.

Tokel provides universal, accessible, and easy-to-use tokenization technology to people all over the world.

To NFT and Beyond

What Tokel offers:

  • The blockchain that facilitates the tokens and NFTs.
  • An open-sourced all-in-one GUI application.
  • DEX functionality for all tokens/NFTs created on Tokel.
  • A free-to-use test blockchain (TKLTEST).
  • Easy to use integrations (nSPV)
  • Easy to use token/NFT creation, usage and management tools (within the dApp).
  • Immediate token explorer integration.
  • Immediate token wallet integration.

The benefits of creating a token on the Tokel blockchain:

  • There are no requirements to create and manage your own blockchain or complicated smart contracts.
  • No gas fees!
  • Free, simple to use dApp for token usage, management and creation.
  • Extremely cheap token creation and transaction fees (1 satoshi of TKL per token created and 0.0001 TKL txfee by default).
  • Free to use TKLTEST chain for any token or custom consensus testing prior to launch or integration.
  • Your token will have immediate token wallet integration within the dApp.
  • Your token will have immediate token explorer integration.
  • Your token is safe from 51% attacks as Tokel is secured through dPoW.
  • You will have the ability to sell your tokens immediately after creation with Tokel’s inbuilt decentralized exchange mechanism.
  • Tokel exchange partnerships mean your token will have a centralized exchange listing option. The exchanges are only required to run the Tokel chain to access every single token on it.

The Tokel Decentralized Application

The all-in-one Tokel application is an open-sourced application that will be the one stop shop for all Tokel related features. This application is built using nSPV superlite wallet technology that has been developed by the Komodo platform, for an incredibly fast and reliable experience. This application accesses all of the features offered on the Tokel blockchain whilst keeping users funds in their own wallets (completely non-custodial).

You can keep up with progress on the github, or find out more by having a chat in our discord. https://github.com/TokelPlatform/tokel_dapp

Application features include:

  • A TKL coin wallet
  • A multi-token wallet (you are able to hold all tokens that are in existence on the Tokel blockchain)
  • Decentralized exchanging functionality
  • A simple to use Token creation tool

Tokel Resources

List of Tokel Platform Technologies

  • Delayed Proof of Work (dPoW)- Bitcoin hashrate level protection. An additional security layer that protects from 51% attacks by notarizing Tokels hash onto Komodo's chain, then on to the Bitcoin blockchain.
  • Tokens/Assets Technology - Create your own tokens or non-fungible tokens (NFTs) and trade them immediately on-chain with the assets based tokenDEX.

Tokel Blockchain Specifics

Documentation on how to launch & run the Tokel blockchain (CLI).

  • Max Supply: Approximately 200.25 million TKL
  • Block Time: 60 seconds
  • Starting Block Reward (Era 1): 1 TKL (for ~8 weeks)
  • Block reward after ~8 weeks: 42.5 TKL
  • Block reward reduction time period: Every 525600 blocks following Era 1 (roughly every year)
  • Reduction amount: 23%
  • Mining Algorithm: Equihash - Proof of Work - Secured by dPoW
  • Specific coin emission broken down in the whitepaper

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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