Kadena - The next Solana?

Hello guys

how are you all

I'm here with a new blockchain again

Kadena - A new scalable blockchain that works on a proof of work (totally decentralized) consensus mechanism. The name of this blockchain is kadena. I certainly feel that this is the blockchain I was looking forward to. it has all the parameters which solve the blockchain trilemma.

• Highly Decentralized - PoW
• Highly Scalable
• Highly Secured
• Smart Contract enabled use Pact Languages

If we talk about taxonomies, only 1 billion tokens will be mined in the next 120 years. The circulation supply of the KDA is 153,215,978 at the time of writing. If we see at the market cap of KDA, it is now 0.3 Billion which is quite less than other smart contract enabled blockchain projects such as Ethereum (420B), Solana (44B), Cardano (69B), Polkadot (43B), Binance bright chain (78B) and Terra (14B).

If you look at the Shib (of course shit coin with a huge number of supporters) which has a 14 B market cap has no sustainable use case and yet soars at 14th position. If we assume KDA reach the same market cap as Shiba Inu, KDA will have to do 46x from now. The price of the KDA is now 2.3$ and the projected cost would be 107$.

The advisor of the Kadena team is Dr Stuart Haber- The man whose cryptographic theory is used by Satoshi Nakamoto in the development of the Bitcoin blockchain. The big name in the House isn't it?.

Moreover, the Kadena blockchain solves the blockchain trilemma very easily. They are even supporting smart contracts with minimum fees.

Overall, I have found this project amazing but still do your research before investing in it. This blog is just for educational purposes and not financial advice at all.

Latest NEWS about KADENA on 22.10.2021 10:30 HRS

The price of KDA is 3.93$ which is about 50% up after posting this post.

Latest NEWS about KADENA on 26.10.2021 09:54 HRS

The price of KDA is 7.60$ which is about 200% up after posting this post.

Latest NEWS about KADENA on 07.11.2021 12.31 HRS

The price of KDA is 17.10 $ which is about 430% up after posting this post.

Latest NEWS about KADENA on 11.11.2021 10.:19 HRS

The price of KDA is 24.29 $ which is about 1000% up after posting this post.

^{All images used above are originally made, or clicked by @hdnakum using Canva/Adobe illustrator/Blender/Photoshop and Redmi note4/Samsung M21. The above blog is strictly my view on the Kadena project stated above. Do not consider it as a piece of financial advice. Do your research before investing your hard earn money in any project.
© 2021 @hdnakum All Rights Reserved}