Ad
Rank #276
KDA Kadena
KDA Price
$0.51780
-4.92% Market Cap
$151.53M
24H Volume
$5.47M
Circ Supply
292.61M
Kadena Info
Kadena is a blockchain platform that aims to provide a high-throughput, secure, and scalable blockchain infrastructure for enterprise use cases. One of its key features is the Chainweb consensus protocol, which allows for the parallel processing of transactions across multiple chains. This results in increased transaction throughput and faster confirmation times compared to traditional blockchain platforms. In addition, Kadena also has its own programming language, called Pact, which allows for the creation of smart contracts and decentralized applications on its platform.
Kadena’s Chainweb protocol is a multi-chain architecture that allows for parallel transactions across multiple chains. This means that different transactions can occur on different chains simultaneously, increasing the overall transaction throughput and reducing confirmation times. Additionally, Chainweb uses a unique consensus algorithm called “Proof of Work and Proof of Stake Hybrid (PoW/PoS)” that enables a more efficient and secure method of validating transactions.
The Pact programming language is designed to be easy to use and understand, even for non-technical users. It allows for the creation of smart contracts and decentralized applications on the Kadena platform. It provides a wide range of capabilities, such as data validation, access control, and automatic execution of code.
Kadena also has several other features, including a decentralized governance system, which allows the community to vote on changes to the platform, and a built-in privacy feature called “Private Smart Contracts,” which enables the creation of private, permissioned smart contracts and dApps.
Overall, Kadena aims to provide a blockchain platform that is fast, secure, and easy to use for enterprise use cases, and its unique combination of the Chainweb protocol and the Pact programming language enables it to do so.
Kadena News
Kadena Organization & Team
Will Martino
Founder & CEO
Stuart Popejoy
Founder & President
All images, branding and wording is copyright of Kadena. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.