The Kik Messenger ecosystem has been pretty interesting to keep an eye on. After a successful ICO, the company is now building their main infrastructure for their new ICO token. Unfortunately, the team feels Ethereum is not a good choice in this regard. Both the altcoin and technology to power everything will be moved to a different ecosystem. It is evident Ethereum’s blockchain is not in a good place right now, although improvements are in development as we speak.
Truth be told, it was only a matter of time until more projects moved off Ethereum for their infrastructure. Although a popular altcoin, it also has technical limitations The allure of smart contracts is positive, but its blockchain simply can’t keep up. The Kik Messenger team has decided to move away from this ecosystem altogether. It is a very tough decision, but one that also makes a lot of sense. Their 300 million registered users would effectively cripple the Ethereum chain pretty quickly.
Kik Messenger Team…