The crypto market has started to meet with new coins and token units more frequently, due to the momentum it has gained recently. Kadena (KDA), on the other hand, is one of the projects that has managed to attract attention in the past few days.
As with every newly released or popular crypto asset, the questions of what is Kadena and what is KDA Coin have become the most frequently asked questions for Kadena (KDA).
In this content, we will try to convey all the detailed information about Kadena (KDA), especially the answers to questions such as what is Kadena and what is KDA Coin, how and where to buy it.
- 1 What is Kadena?
- 2 What is KDA Coin?
- 3 Frequently Asked Questions About Kadena (KDA)
- 4 Kadena (KDA) Official and Trackable Accounts
What is Kadena?
Kadena is a project built on the idea that blockchain can revolutionize the way the world interacts and transacts.
Recognizing that chain technology and the ecosystem that connects it to business need to be redesigned from the ground up to achieve mass adoption, the Kadena founding team built a proprietary chain architecture and created tools to enable the blockchain to adapt to the speed, scale and energy efficiency previously thought unattainable for business.
Stuart Popejoy, co-founder of Kadena, who has been in the blockchain and crypto world for a long time, previously led JPMorgan‘s emerging blockchain group. Will Martino was previously the Technical Leader of the SEC‘s Cryptocurrency Steering Committee, while both Stuart Popejoy and Will Martino later created JPMorgan‘s first blockchain, now known as JPM Coin.
Kadena‘s public blockchain Chainweb is the only one-piece and scalable layer-1 PoW network in production today. It uses a PoW (Proof of Work) consensus mechanism that increases throughput and scalability while maintaining the security and integrity inherent in Bitcoin. To realize this breakthrough in scalability, Kadena weaves together multiple Bitcoin-like chains.
In 2020, Kadena‘s public blockchain performed a live network expansion from 10 chains to 20 chains. The expansion, doubling the current TPS, has proven the platform’s ability to scale to meet ever higher demand in production. Kadena’s multi-chain architecture ensures that a yield ceiling is never reached.
The two most valuable solutions platforms, Ethereum and Bitcoin, rely on the proven PoW consensus protocol for security. And herein lies the difficulty; traditional PoW is not scalable. With its revolutionary braided multi-chain architecture, Kadena is the only scalable PoW platform that can scale to close 9+ million transactions per day on the NYSE.
Kadena‘s tokens align incentives of all participants. The main allocation of coins is distributed through mining. Allocated coins (investors, contributors and platform reserve) gradually become available and create stability. Network and token programs are designed for sustainability with an adoption curve to allow the economy to scale rather than spike.
In the DeFi space, Kadena supports a “liquidity commons”, a self-coordinating and undivided pool of liquidity that provides unique incentives and cash flows across multiple exchanges.
In the NFT, Pact provides the first ever indexable, multi-chain NFT standard with all the benefits of ERC1155 plus partial ownership.
EVM (Ethereum Virtual Machine) platforms require even the simplest of contracts to contain chunks of unintelligent copy-paste code that prevents multi-chain interoperability. However, Pact was designed for interoperability, allowing a single PolyFungible NFT ledger to serve the entire market.
Offering multi-protocol support, Kadena supports Cosmos developers in such a way that they can use Pact to build directly on Kadenamint, an implementation of the Pact smart contract language in Tendermint. Also, the Kadena team is working to integrate Pact into the Polkadot/Kusama ecosystem.
What is Kadena Pact?
Pact is the most powerful smart contract language available for writing applications directly to the blockchain. Pact is designed for non-developer readability and has been tested in production applications for over two years.
The Pact already includes all the features that other projects say they will eventually develop, including full official validation of the code, error message, contract upgradeability, multi-signature and interoperability support. Pact also simplifies transaction logic with an ideal combination of functionality in authorization, data management and workflow.
What is KDA Coin?
KDA Coin is a digital currency used for transactions on the Kadena blockchain.
Similar to ETH in Ethereum, KDA in Kadena is the way miners are compensated for mining blocks on the network and is the transaction fee users pay for including their transactions in a block.
While the total supply of KDA Coin, also called Kadena Coin, is set to be 1 billion in total to be issued over 120 years, 20% of this supply is for the platform, 7% is for the investors, 3% is for the team and the remaining 70% is for the team. is reserved for miners.
Where to Buy KDA Coin?
The only way to get KDA Coin is to buy on crypto exchanges that list Kadena (KDA) Coin.
KDA Coin, which has just taken its place in new crypto exchanges, is currently listed on several exchanges, and these exchanges are crypto exchanges among the major exchanges.
How to Get KDA Coins?
You can follow the steps below to buy KDA Coin on KuCoin, one of the exchanges that list Kadena Coin, namely KDA Coin:
- Login to your KuCoin account. If you do not have an account on the KuCoin Exchange, click here to create an account with discount benefits.
- After logging in to your account, transfer money up to the amount of Kadena (KDA) Coin you want to buy. You can transfer with Tron (TRX) cryptocurrency due to convenient transfer fees.
- After your transfer is complete, convert your deposited amount to Bitcoin (BTC).
- Go to the Markets page and type KDA in the search section and select the KDA/BTC parity from the results.
- On the page that opens, determine the quantity and price you want to buy and click the Buy KDA button to complete the purchase.
Frequently Asked Questions About Kadena (KDA)
In this section, we will try to answer the most frequently asked questions about Kadena and KDA Coin. This section will be regularly updated in line with your requests.
Is Kadena (KDA) Coin Owned by JPMorgan?
Is Kadena (KDA) Coin a Future Cryptocurrency?
Which Exchanges Listed Kadena (KDA) Coin?
Kadena (KDA) Official and Trackable Accounts
Kadena (KDA) Official Website
Kadena (KDA) Twitter
Kadena (KDA) Telegram
Kadena (KDA) Discord
Kadena (KDA) LinkedIn
Kadena (KDA) Reddit
Kadena (KDA) Github
Kadena (KDA) YouTube
Kadena (KDA) Medium
Kadena (KDA) CoinMarketCap
Kadena (KDA) CoinGecko