In this week’s Wealth Mastery Coin Review, we’ll discuss the following topics about Kadena Blockchain.
- What is Kadena?
- Chainweb
- Pact
- Kuro
- Marmalade
- Kaddex
- Does JPMorgan own Kadena?
- What is Kadena coin (KDA)?
- Is Kadena better than Solana?
- Is Kadena a good investment?
What is Kadena?
Kadena is a multi-layered Smart Contract Proof of Work Hybrid protocol that offers the blockchain industry many exciting technological advancements. Surprisingly, more discussions about Kadena are not happening, given the incredible tech stack built by Kadena. Similar to Polkadot, which operates multiple layers simultaneously, Kadena can operate any number of individual networks that synchronize and accompany one another without interfering with each other’s unique operations. For example, certain parts of Kadena only operate on one of the almost two dozen networks. This is because Kadena believes that testing the limitations of everything is necessary before locking large amounts of capital in the Kadena network.
For this reason, development on Kadena has been an extremely thorough one. Since the launch of its Mainnet in 2019, Kadena has been on a mission to tackle the Proof of Work scaling problem. It’s no surprise that Proof of Work has several disadvantages compared to Proof of Stake regarding throughput (TPS). Kadena has solved this issue on PoW by developing a hybrid blockchain of both private & public chains and a unique smart contract language, effectively sharding PoW into different functions to enable better scalability than any current proof of work blockchain. Kadena has decided to take the route of choosing security over everything else and still managed to maintain a near-infinite scaling solution. This is because the more networks launched on Kadena, the faster and more optimized the network becomes. Kadena has several notable essential functions that assist in its operation, as well as a couple of protocols that help ensure the growth of its ecosystem.
Chainweb
Courtesy of Kadena
Just like it sounds, Chainweb is a public proof of work parallel-chain technology that can potentially combine thousands of individual chains called PeerChains, feeding data into one singular network. Not only does this help make the network more secure, but it also significantly increases transaction speeds. The novel architecture of Chainweb is built on two distinct yet related features that operate at separate layers of the Chainweb stack. Cross-chain cryptocurrency transfers are made via on-chain smart contracts adjacent to Merkle root hashing functions. It effectively uses the smart contract layer to leverage the latter and create valid proofs of currency transfers. This Hybrid element of Kadena sets it apart from anything else in the market. A Chainweb public network transfer moves a coin by deleting it in an account on one chain and creating it in a report on another chain. Chainweb is currently only limited by existing global IP infrastructure and bandwidth.
Pact
Courtesy of Kadena
Pact is the new programming language developed specifically for writing smart contracts on Kadena. Pact is very different from other contract languages because it writes in a human-readable…
Head of Research Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin. As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom. “The swarm is headed towards us” -Satoshi Nakamoto
