- Token Distribution Date 2BA
- Min. Allocation 200.00 BUSD
- Max. Allocation 1500.00 BUSD
- Token Price 1 KDA = $0.04
- Access type Seed
- Token Name KDA
- Token Symbol KDA
- Decimals 18
- Address 0x22d40020282DEMO
- Total Supply 1,000,000,000 KDA
KDA is a digital currency that is used to pay for compute on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the manner by 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.
|Sale Begins||1.12.2023 02:00:00 UTC||1.02.2024 16:00:00 UTC|
What is Kadena
The purpose of Kadena is to be a single source for the resources needed to build blockchain applications. In doing so, Kadena solves many of the problems that have impeded widespread blockchain adoption to date including scalability, security, and ease-of-use.
ScalabilityThe public blockchain is a Proof of Work protocol that has solved layer-1 scalability. This is achieved by braiding together several Bitcoin-like chains. As transaction volume increases, the network can expand to larger configurations (eg. from 10 chains to 20 chains) and deliver higher throughput capacity.
SecurityThe smart contract language, Pact, is Turing Incomplete and offers Formal Verification. Turing Incompleteness reduces the language’s attack surface without compromising domain-specific functionality. Formal Verification allows smart contract authors to mathematically prove that their code does not contain bugs.
Ease-of-useKadena was developed in part to be integrated into traditional business workflows and understood by non-technical users. Accordingly, Pact code is executed directly on the ledger and is stored in a human-readable format. Pact code has error messages and Pact contracts are upgradable allowing developers to fix errors or adapt logic as business needs evolve.
Kadena is among the first blockchain projects to deliver such a comprehensive feature-set.
Further, users are able to enjoy these features across Kadena’s hybrid blockchain platform, a public-private interoperable network. This hybrid solution allows users to take advantage of the benefits from both public and private blockchains without compromise, thus enabling use cases that were previously not possible.