Kadena KDA

Introduction

Kadena is a public blockchain platform that offers users a unique combination of scalability and security. Kadena is a Layer-1 proof-of-work (PoW) network that features a new smart contract language Pact, created to enable formal verification and upgradeable smart contracts.

The security of the Bitcoin network paired with the programmability of Ethereum is set to create a developer-friendly blockchain that is easy to scale and easy to use. The network’s design removes the need for any Layer-2 scalability solutions or functionality solutions that have become ubiquitous on Ethereum.

In this report, we dive deep into Kadena and the technology behind it, exploring how the blockchain is able to offer an essentially unlimited throughput without sacrificing the security developers crave.