Kadena
KDA
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Price
0.953122 USD
% Change
8.30%
Market Cap
285M USD
Volume
18.8M USD
Circulating Supply
298M
Kadena (KDA) Feed: Events, News & Roadmap
Kadena Events on the Chart
What is Kadena?
Kadena is a public blockchain platform that provides a secure, scalable, and user-friendly environment for developing and launching distributed applications (dApps).
One of the unique features of Kadena is its utilization of a new form of Proof-of-Work (PoW) in its consensus protocol. This protocol, called "Chainweb," is designed to achieve high throughput and scalability while maintaining security and decentralization.
The Kadena token (KDA) is a digital currency that is used to pay for computation on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the token in 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.