and what would you say if someone asked why they should invest in Kadena?
The team would have the right answer for sure, but for me Kadena is a layer-1 blockchain that uses a unique consensus mechanism called Pact which is a hybrid consensus mechanism that combines the best features of proof-of-work (PoW) and proof-of-stake (PoS).
There's no 'native' staking as such as Kadena is Proof of Work (PoW) and not Proof of Stake (PoS). Bond / Stake / Provide Liquidity to one of the dApps within the Kadena ecosystem (see @kadena_defi).
We aren't POS, we're pure POW.
And our consensus mechanism is called Chainweb, our smart contract language is called Pact.
Thanks for the corrections 😊👍🏻
What do you think is the most added value in Kadena compared to other L1 chains.. I need more motivation to increase the size of my KDA bag 😁
For me it's PACT
There a few things that standout (this is not financial advice though) - our scaling solution: by adding more chains to the network we are able to increase the throughput over and over thus allowing for extremly low fees - our smart contract language Pact: turing-incomplete, human-readable and with built-in formal verification - gas-stations: subsidizing gas fees for the end user to allow for a Web2 like experience because user don't even need a wallet to interact with the blockchain ... and a lot more that we already have and a lot more that is coming.
For me it is the entire set that Kadena has. Kadena is the only Pow L1 escalable version that exist. And adding to that, kadena have smart contracts with own language called Pact, and this language is human readable. And fees almost are inexistents. Kadena have demostrated already her scalability going from 10 chains to 20 chains. And kadena advisors are the authors more cited in the bitcoin white paper (you can check the last page of bitcoin white paper and see that is true).
Staking/bonding opportunities are listed in the right corner (green text). So it's definitely coming :)
Обсуждают сегодня