Koinos is a decentralized, free-to-use blockchain platform designed to support a wide range of applications. Built by veterans from the Steem blockchain, Koinos leverages a microservice architecture and universal programming language support, allowing developers to create smart contracts and decentralized applications (dApps) in any language, such as C++ and TypeScript. The platform employs a proof-of-burn (PoB) consensus mechanism, which enhances network security without the need for costly mining equipment​​.

Koinos introduces innovative features such as the "Mana" mechanism, which dynamically prices network resources based on opportunity cost rather than tokens, enabling truly free-to-use dApps through Mana delegation. This approach ensures that users can access the network without transaction fees, promoting greater accessibility and adoption​.

The Koinos blockchain is community-driven and was launched without any initial coin offerings (ICO), pre-mine, or venture capital funding. This commitment to decentralization and open governance allows the community to shape the platform's evolution, making Koinos a robust and inclusive ecosystem for blockchain innovation.