Kadena KDA Price

Founded in 2016, Kadena has emerged as a pioneering force in the blockchain realm, underpinning its ethos on scalability, transparency, and industry-grade performance. Offering a Layer1 Proof-of-Work blockchain, Kadena is steered by a mission to transcend limitations and deliver unparalleled scalability in the blockchain landscape. At its core, Kadena's architecture, known as Chainweb, ingeniously combines Proof-of-Work consensus with directed acyclic graph (DAG) principles, bolstering both security and throughput. By braiding multiple chains together, Kadena orchestrates a network of 20 simultaneous blockchains, significantly elevating transaction throughput while fortifying security measures by reducing the window for potential attacks.

Central to Kadena's infrastructure is its unique smart contract language, Pact, designed to be human-readable and imbued with robust security features. This language allows developers to create and execute smart contracts with enhanced security and bug detection capabilities, ensuring reliability in blockchain applications. The platform's dedication to fostering development and scalability led to the creation of Kadena Eco, an ecosystem offering support through grants, incubators, and accelerator programs, aiming to cultivate a thriving community of developers and entrepreneurs leveraging Kadena's blockchain.

Led by Stuart Popejoy and William Martino, renowned figures in blockchain innovation, Kadena was forged by trailblazers who pioneered JP Morgan's initial blockchain endeavors and played pivotal roles in shaping the SEC's Crypto Committee. Beyond scalability, Kadena's vision encompasses facilitating genuine mass adoption of blockchain technology, empowering enterprises, and visionaries to transform ideas into tangible realities in the blockchain sphere. Launched in 2016, Kadena continues to evolve, driven by its commitment to scalability, security, and the democratization of blockchain potential.

What is unique about Kadena (KDA)?

Kadena stands out for its innovative Chainweb architecture, intertwining multiple chains for heightened security and exceptional transaction throughput.

Who are the founders of Kadena (KDA)?

Kadena was founded by Stuart Popejoy and William Martino, prominent figures known for their pioneering roles in JP Morgan's blockchain initiatives and SEC's Crypto Committee.

Who are the backers/investors of Kadena (KDA)?

Multicoin Capital, CoinFund, Distributed Global, Susquehanna International Group, SV Angel, Scalar Capital, Compound VC, Primitive Ventures, Metastable Capital, Kilowatt Capital, Limitless Crypto Investments, Devonshire Investors and Asimov Ventures.What is the consensus mechanism of Kadena (KDA)?

What is the consensus mechanism of Kadena (KDA)?

Kadena employs a Proof-of-Work consensus mechanism coupled with directed acyclic graph (DAG) principles, fostering robust security and scalability.

Where can I buy Kadena (KDA)?

You can buy Kadena (KDA) on Binance, MEXC, Gate.io, OKXBitget cryptocurrency exchanges.