Kadena (KDA) Price

Name: Kadena
Brand: Cryptocurrency
SKU: KDA
Price: 0.613307 USD
Availability: InStock
Rating: 4,8 (6 reviews)

KDA

Kadena

4,8

★

$0.613307

5.03%

Today's Current Price in US Dollar

Market cap

173,206,634.0

Total volume

7,183,618

Circulating supply

281,878,153

Total supply

1,000,000,000

Buy / Long

Sell / Short

Kadena is on the brink of introducing one of the premiere scalable blockchains designed for real-world applications.

The public blockchain crafted by Kadena showcases a sophisticated, high-capacity Proof of Work mechanism empowered by Chainweb - a unique protocol that enhances both security and processing power. The Kadena ecosystem aims to become a nexus for public apps, private blockchains, and other compatible chains, funneling activity towards the robust computational core of the Kadena public blockchain.

Currently, Kadena's enterprise solutions are embraced by leading entities in the fields of finance, healthcare, and insurance, providing innovators the capability to leap from concept to execution seamlessly. With the roll-out of the public chain, Kadena is set to further facilitate the development of blockchain apps, bridging the gap from private to public domains comprehensively.

Kadena is advancing beyond the limitations faced by Ethereum, offering today what many other blockchains are only projecting for the future, including Formal Verification, seamless interoperability, enhanced scalability, among other features.

Kadena is primed and prepared for the immediate launch of blockchain applications in production environments.

The Kadena coin (KDA) functions as the digital currency enabling computational transactions on the Kadena public blockchain. Operating similarly to how ETH functions within Ethereum, KDA is the medium of exchange used to reward miners for their efforts in block mining and serves as the transaction fee for users wishing to include their transactions within a block.

As transaction-intensive applications thrive on the efficient, scalable Kadena network, they will utilize KDA tokens to execute their smart contracts. With an increasing number of applications integrating with or joining the Kadena ecosystem, the demand and utility of the KDA token are set to rise accordingly.

Homepage: http://kadena.io
Reddit: kadena