Kadena kda

Kadena price today is USD 0.733 and the trading volume in 24 hour is USD 2,986,717. Price change in the KDA price in the last 24 hour is -0.009 . It has a circulating supply of 234,285,542.962 coins and a total supply of 1,000,000,000. Total market cap of the KDA is USD 171,582,980 which has the movement of -0.41 in the last 24 hours

Bitcoin is the king of all cryptocurrencies, using a consensus mechanism known as Proof-of-Work (PoW). However, a common argument against PoW blockchains is that they are too energy-intensive and costly. However, what if there is a Layer-1 PoW blockchain that’s not only energy-efficient but completely scalable, decentralized, and secure? That is what Kadena claims to be. Kadena’s token (KDA) has gone parabolic in 2021, growing from a $10 million market cap to a stunning $3 billion Market Cap at its peak

The project was founded by Stuart Popejoy and Will Martino, who were leading JPMorgan’s Blockchain group and the SEC’s Cryptocurrency Steering Committee respectively. Together, they built JPMorgan’s first blockchain, now known as JPM Coin, and eventually moved on to start Kadena. Co-founder Will Martino’s expertise in the SEC (America’s Securities and Exchange Commission) is especially important. The project also features members who worked at Microsoft, Google, and Disney. Most notably though, their team includes Dr. Stuart Haber, the co-inventor of blockchain, whose studies were cited multiple times in the Bitcoin White Paper itself

The main reasons to invest in Kadena include:- - Offers low-cost transactions in a PoW setting, offering fast processing transactions. - Kadena can do 480,000 transactions per second (TPS) compared to Ethereums ~15 TPS and Bitcoins ~5 TPS. - The founders are well experienced and knowledgeable in the space