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Kadena is a cryptocurrency that is used as payment for those who compute on the Kadena public blockchain. KDA is the method by which miners are rewarded for mining blocks on the blockchain, similar to ETH on Ethereum.
Kadena went on a huge bull run in a short period of time, going from about $0.35 per coin in late July to hitting a high above $24.00 in November. In this video, we will look at what Kadena is, it’s history, it’s use case & features… and its tokenomics.
Kadena was created on the concept that blockchain technology may alter how people communicate and transact around the world.
KDA is attempting to follow in the footsteps of Bitcoin and use proof of work as their platform for compensation. The critical factor that makes Kadena so popular is that they have taken the proof of work model and figured out how to scale it. Where Bitcoin reaches a maximum capacity of five to ten transactions per second, Kadena can complete over 7,000.
23 окт 2024