Smart Contracts

Deploy a Smart Contract on Kiikchain

Kiichain is constantly pushing for innovation and enabling users to unlock the true potential of dApp development. Kiichain will be equipped with an EVM module that will allow smart contracts that have been deployed on Ethereum to be possible to deploy on Kiichain. By enabling the functionality of being able to deploy Solidity smart contracts on Kiichain, we can ensure that any existing dApps on Ethereum can easily be portable into Kiichain.

The process to deploying a smart contract on Kiichain

The process for deploying a solidity smart contract on the Kiichain will require an extensive amount of checks and reviews in the infancy stages in order to protect the network. Due to this, smart contracts will need to be submitted to Kiichain team to review and audit before it can be deployed. This will also mean that because Kiichain team will be the deployer of the smart contracts, they will also own the contracts in the beginning. If smart contracts require certain provisions from the owner, there will need to be a process created where the smart contract developers will need to notify the Kiichain team. Ideally, simple smart contracts like ERC20 token contracts are better to deploy rather than complex smart contracts that require many permissions.

Upon activation of the full active set of validator and a healthy spread of voting rights, Kii Global will democratize the deployment of these smart contracts into a govern based voting. Rather than submitting the smart contracts to Kiichain for review, the community will review the contracts and will be voted on for deployment. The ownership of the contracts will then stay with the contract deployer.