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Genesis Date

N/A

Market Rank

#301

Based on Market Cap

What is Kadena

Kadena is launching one of the world’s first true scalable blockchains ready for applications.

Kadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a protocol that delivers security and throughput. The Kadena network will unite public applications, private blockchains, and other interoperable chains in one place, driving traffic to the high-bandwidth computer at the heart of the Kadena public chain.

Kadena enterprise software is in use today by major companies in finance, healthcare, and insurance while allowing builders with a vision to skip straight from idea to product. With the launch of Kadena’s public chain, this system will support blockchain application development, from private to public and everywhere in between.

Kadena is solving the problems of Ethereum and is delivering features today that other blockchains have only begun to include on their roadmaps, including Formal Verification, interoperability, scalability, and more.

Kadena is live and ready for immediate deployment of production blockchain applications.

The Kadena token (KDA) is a digital currency that is used to pay for computation on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the token in which miners are compensated for mining blocks on the network and is the transaction fee that users pay in order to have their transactions included in a block.

Applications processing volumes of transactions on the high-throughput, scalable Kadena network will execute their smart contract code using the native Kadena token. As more applications join or interoperate with the Kadena network, the number of smart contracts executed grows, as does the utility of the Kadena token.

Kadena vs Stoic

It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.

There is no guarantee that In 5 years, KDA would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of KDA might derail its progress.

Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including KDA.

Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.

The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.

Over 12,000 people already use Stoic to automate their crypto investing.

Other cryptocurrencies