You might be wondering why $KDA is pumping after it has been ignored for quite some time.
Let me tell you about its fundamentals so you understand why this L1 has a very promising future in my opinion.
1/7
Let me tell you about its fundamentals so you understand why this L1 has a very promising future in my opinion.
1/7
PoW has a very bad reputation in terms of scalability. You might have read about bitcoin scalability problems and L2 solutions to make bitcoin scalable. Well $KDA found a way to scale a POW blockchain by combining multiple chains together. Their blocks are interconnected...
2/7
2/7
...and by using graph theory, there a minimum number of chains each chain has to be connected to which makes the whole $KDA blockchain highly scalable.
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3/7
Kadena created their own smart contract that's very easy to adapt to and includes many useful features for smart contract development.
They built KadenaSwap which is a multi-platform DEX that supports assets from others major protocols through bridges
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They built KadenaSwap which is a multi-platform DEX that supports assets from others major protocols through bridges
4/7
Gas stations are in my opinion a wonderful innovation which allow to pay gas on behalf of the user. I mean the process of buying $KDA to pay for gas to use a dapp is one of the most painful barriers for your grandma to adopt blockchain.
5/7
5/7
Finally the team is multiple 1000s in IQ they came up with the chainweb technology that allowed the scalability of the POW blockchain and they invented and elegant smart contract language to make developers' adoption smooth.
6/7
6/7
I think this is just the beginning for $KDA and they have a promising future in my humble opinion.
Do your research and share if you learned something.
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Do your research and share if you learned something.
7/7
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