Kilt Moves to Polkadot

Published on: 17.08.2022

Kilt moves to Polkadot Relay Chain. The Polkadot parachain slot requires for this move was secures by BOTLabs in auction 24 last week.

The Kusama and Polkadot Relay Chains provide shared security to parachains. Kusama is the experimental network, while Polkadot provides additional levels of stability and security. KILT is a blockchain identity protocol for issuing self-sovereign, anonymous, verifiable credentials and decentralized identifiers (DIDs). KILT went live in September 2021 after winning a Kusama parachain slot.

During the last 11 months, many new functionalities were added to KILT, and the network has proven its efficiency and utility to tens of thousands of users. Fifty partnerships within the blockchain and identity ecosystems have been established; Web3 apps including SocialKYC and DIDsign have been developed using KILT Protocol and the KILT blockchain. KILT has proven to be a mature infrastructure.

Now large-scale enterprises in the accounting, media, and medical sectors are starting to implement business cases on KILT. These production systems will require extreme stability and bank-level security, which KILT cannot provide within the experimental Kusama network. So it’s time for KILT to move to Polkadot.

Kilt Protocol will follow the original plan of “one KILT network, one KILT Coin”. By mid-October 2022, the network will move seamlessly from Kusama to Polkadot.

All KILT Coin balances (including vesting)
All addresses
All attestations and credentials
All DIDs
All web3names

There will be no difference for the user. All KILT Coin balances will be moves automatically onto the new Polkadot parachain. There is no change to the KILT Token Economy and there is no fork or redenomination.

The migration to Polkadot is exciting news and sets the stage for KILT’s growth across the industry and institutional landscapes.