Kadena is a public layer-1 blockchain comprising multiple blockchains working together for scalability. Is Kadena proof of work? Kadena is an open-source blockchain utilizing proof of work (PoW) for consensus, and it has a native asset called KDA.
The Kadena blockchain
The Kadena network uses a method called “braiding,” in which multiple blockchains all functioning together are essentially intertwined to improve scalability and security. The Kadena blockchain aims for a 1.5-second block time.
While it’s generally argued that proof of work blockchains require significant energy to function, the Kadena network tackles this issue with its multichain structure. The workload is spread across the network’s multiple blockchains, and chains can be added for further scalability. Is Kadena network secured? The braided design of the Kadena network increases its security compared with a system comprising just a single blockchain.
The Kadena blockchain utilizes a smart contract language called Pact, a human-readable language catering to ease of use. Pact also comes with built-in bug detection. Kadena use cases include building decentralized applications on the network using the Pact smart contract language.
KDA coin price
What is Kadena (KDA)? The names Kadena and KDA are often paired together. Kadena is the blockchain on which KDA, its native coin, runs. Transaction fees on the Kadena blockchain are paid in the KDA cryptocurrency. Miners earn KDA in the form of block rewards and transaction fees in exchange for helping secure the Kadena blockchain.
The Kadena total supply most directly refers to the total supply of the KDA cryptocurrency, which is 1 billion coins. The Kadena circulating supply depends on the number of publicly available KDA coins. The top of the page shows KDA’s value in U.S. dollars (USD) as a KDA to USD live price alongside other data such as the KDA marketcap.
