Kadena
KDA
Crypto
Decentralised Networks
USD 0.98+1.69%
Kadena
UMushroom community rating:
About
Decentralised Networks
CategoryProof Of Work
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2020
Year of creation
Description
Kadena (KDA) is a Decentralised Networks crypto coin. The coins can be earned through the process of mining. Kadena`s origin block was generated on 2020-05-31. More information can be found at http://kadena.io/.
Key Technical Advantages:
Chainweb Protocol: Kadena's public blockchain protocol, known as Chainweb, is a parallel-proof-of-work system that offers high throughput and scalability while maintaining strong security. This protocol is essentially a collection of multiple braided chains working together. The braided structure enhances security by making it more difficult for attackers to manipulate the blockchain. Pact Smart Contract Language: Kadena uses its unique smart contract language, Pact. This language is human-readable and Turing-incomplete, providing strong security features such as full formal verification of user code, error messages, contract upgradability, support for interoperability, and robust permission and access controls. Kuro - Layer 2 Blockchain: In addition to its public blockchain, Kadena has developed Kuro, a layer 2 private blockchain solution. It has been tested to support up to 8,000 transactions per second across 500 nodes. Scalability: Kadena's architecture is designed to scale efficiently. In 2020, Kadena's public blockchain performed a live network expansion from 10 chains to 20 chains, which effectively doubled its throughput. The network's scalability is directly related to the number of chains in operation. Proof-of-Work Consensus: Kadena uses a proof-of-work consensus mechanism, similar to Bitcoin. This mechanism has been proven to be secure and effective, and provides an economic incentive for miners to validate and honestly support the entire network. Kadena's unique multi-chain structure reduces the likelihood of a successful attack on the network by requiring consensus across multiple chains. Content summarized by AI chatbotSource:
https://docs.kadena.io/basics/whitepapers/overviewKey figures
28.8%1Y
-89.9%3Y
-34.9%5Y
Performance
1/ 01D
1/ 01M
2/ 01Y
Highs/ Lows
13.09.2022
USD 24.52
All Time High
4.01%
% of All Time High
-98.45%All Time
-80.94%1 year
Max drawdown
#240
Ranking by Market Cap
305.90 M
Market cap (USD)
0.00%
% of Market
900.444 B
Category Market Cap (USD)
0.03%
% of Category
1000000000
Circulating Supply
298715015
Liquid Supply
29.87%
Liquid/ Circulating Supply
1000000000
Max Supply
100.00%
Circulating/ Max Supply
22763661
Volume Traded
12.85%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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