An independent research report on Keeta (KTA), a layer-1 blockchain network built for compliant cross-border settlement. KeetaNet gives every account its own chain, which puts it closer to a directed acyclic graph than a conventional blockchain, and moves the voting process off the peer-to-peer network onto a client-directed, client-to-server architecture. The report examines what that design buys, how far the horizontal-scaling claim holds, who is actually using the network, how the company and the token relate to one another, and what the investment case rests on.
For the formal, peer-reviewable treatment of the consensus algorithm described in section 1, see Modeling and Verification of Keeta’s Two-Phase Consensus Protocol, which specifies the protocol in Quint and model-checks it under a Byzantine fault model.
Keeta, KTA, KeetaNet, blockchain, cross-border payments, layer-1, horizontal scaling, DAG, distributed ledger technology, investment research