Kleros Price
PNK
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Last Updated on Nov 16, 2025 12:05 AM
What is Kleros?
About the coin
Kleros is a decentralized platform that serves as a Dispute Resolution Layer on the blockchain. It aims to provide a fast, secure, and affordable arbitration process for a wide range of disputes. By leveraging blockchain technology, Kleros ensures the integrity of evidence, transparency in jury selection, and incentivizes honest rulings.
Main features
Kleros connects users who need dispute resolution with jurors who possess the necessary skills to adjudicate these disputes. The platform utilizes crowdsourcing to tap into a global pool of jurors, ensuring a diverse and skilled jury panel. Blockchain technology underpins the entire process, providing a secure and transparent environment for dispute resolution.
How it works
The Kleros platform operates by allowing users to submit disputes that require resolution. Jurors are selected based on their skills and expertise to ensure fair and knowledgeable adjudication. The use of blockchain technology guarantees that all evidence presented is tamper-proof, and the selection of jurors is transparent and unbiased. Jurors are incentivized to deliver honest and fair rulings through a system of rewards, ensuring the integrity of the arbitration process.
Wallet for Kleros
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Tangem supports networks for Kleros
- Ethereum
- Arbitrum One
- Gnosis Chain
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Kleros FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Decentralized finance, or DeFi, isan emerging peer-to-peer system attempting to remove third parties and centralized institutions from financial transactions. DeFi consists of cryptocurrencies, blockchain technology, and software that allows people to transact financially with each other.
- Kleros (PNK) isa decentralized dispute resolution projectthat launched in July 2018. It is an open-source online dispute resolution protocol that uses blockchain and crowdsourcing to adjudicate disputes fairly. Kleros offers a middleman service for decentralized applications (DApps) and their users.
How to secure Kleros with Tangem Wallet?
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