Kadena, a scalable Layer-1 PoW blockchain launched in 2016, uses KDA for transactions and rewards. Its Chainweb and Pact language enable diverse applications.
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Kadena, a Layer-1 Proof-of-Work blockchain launched in 2016, prioritizes scalability by providing developers with the tools to build decentralized applications. Its native cryptocurrency, KDA, has a fixed supply of 1 billion to be mined over 120 years. KDA fuels transactions on the public chain and rewards miners. Kadena's scalability stems from its Chainweb architecture, a Proof-of-Work variation involving cross-chain transfers via on-chain SPV smart contracts and parallel-chain binding, increasing throughput linearly. Pact, Kadena's smart contract language, is human-readable, detects bugs, and supports formal verification, enabling developers to test their contracts and adapt existing code. This allows for diverse applications in gaming, finance, the metaverse, and DeFi. The Kadena Eco p...
As of now, Kadena is trading at 0.6162 USD, with a 24-hour trading volume of approximately 3.96M USD. The KDA to USD price is updated in real time. Over the past 24 hours, Kadena has increased by 2.31%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 191.00M USD. Currently, there are 309 965 201 KDA in circulation out of a maximum supply of 310 002 153 KDA.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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