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Kadena

KDA

  • Layer1
  • Infra
  • PoW
Established Year
2016
Headquarter
United States
Operating Status
Active
Kadena is a Layer 1 Proof-of-Work blockchain that aims to optimize for scalability. It features a new smart contract language, dubbed Pact, which comes equipped with formal verification and upgradeable smart contracts. Furthermore, Kadena uses a new Proof-of-Work consensus mechanism called Chainweb, consisting of multiple individually mined chains which work in parallel to execute network transactions.

Organisation

Financial Portfolio

Funding

Series B
5 Investors
$12 M

Recent News

Frequently Asked Questions

What Is Kadena (KDA)?

[Kadena](https://www.coinlive.com/coin/kadena) is a [proof-of-work](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow) blockchain that combines the PoW [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) from [Bitcoin](https://www.coinlive.com/coin/bitcoin) with directed acyclic graph ([DAG](https://coinmarketcap.com/alexandria/glossary/directed-acyclic-graph-dag)) principles to offer a scalable version of Bitcoin. Kadena claims it can provide the security of Bitcoin while being able to offer unparalleled [throughput](https://coinmarketcap.com/alexandria/glossary/throughput) that makes the blockchain usable to enterprises and entrepreneurs alike. Kadena's unique infrastructure is decentralized and built for mass adoption because of its multi-chain approach. Kadena promises industrial scalability that can support global financial systems and can be scaled as necessary. It also vows to remain energy-efficient at scale and deliver more transactions with the same energy input, another difference to Bitcoin. Moreover, Kadena offers crypto gas stations, which allow businesses to pay for their customers' gas fees and remove a massive pain point in adopting blockchains for business. Kadena has already scaled its network from 10 to 20 blockchains and can do so again in the future, if necessary. This final addition to Kadena was its private Kuro [layer-two](https://coinmarketcap.com/alexandria/glossary/layer-2) blockchain, which supports up to 8,000 transactions per second across 500 [nodes](https://coinmarketcap.com/alexandria/glossary/node).