Bitcoin

Kadena

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/what-is-kadena-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Kadena Coin?</a><br></p>
<p style="text-align: justify">Kadena is a public blockchain designed to optimize scalability and equipped with a new smart contract language called Pact, which includes formal verification and upgradable smart contracts. Kadena also utilizes a novel Proof of Work (PoW) consensus mechanism called Chainweb, which consists of multiple individually mined chains operating in parallel to execute network transactions.</p>
<h2 style="text-align: justify" id="what-is-kadena-kda">What is Kadena (KDA)?</h2>
<p style="text-align: justify">Kadena aims to create a scalable and developer-friendly public blockchain that provides a level of security similar to Bitcoin. To support this vision, Kadena introduces a new consensus method, a Proof of Work model called Chainweb, and a new smart contract language known as Pact.</p>
<p style="text-align: justify">Its mission is to optimize its base layer for transaction volume and developer adoption without the need for any second-layer scalability or functionality solutions. Second-layer solutions tend to complicate <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">application</a> development; hence, providing a complete toolkit on a single platform is intended to be more developer-friendly. The team also claims that there is no upper limit on the number of transactions Kadena can process per second based on internal testing.</p>
<p style="text-align: justify">Kadena’s native smart contract language, Pact, is designed to improve on common flaws observed in <a href="https://en.coin-turk.com/ethereums-client-diversity-increases-as-geths-market-share-declines/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum</a>‘s Solidity, particularly its vulnerability to infinite loops and the lack of Formal Verification. Pact smart contracts can be upgraded at any time without requiring a hard fork.</p>
<p style="text-align: justify">Additionally, Kadena developed a private blockchain before its public smart contract platform. This private blockchain, now known as Kadena Kuro (formerly ScalableBFT), uses a Byzantine Fault Tolerant (BFT) consensus mechanism and is optimized for enterprise-level use cases. Since 2018, Kadena Kuro has been used by a healthcare consortium to reduce the effort required to collect and maintain insurance provider information. This private blockchain can be utilized similarly to a sidechain to a public blockchain network (like Kadena’s public platform) to accelerate transaction processes and create new markets for data.</p>
<h2 style="text-align: justify" id="how-to-buy-kda-coin">How to Buy KDA Coin?</h2>
<p style="text-align: justify">KDA Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by trading volume. <a href="https://accounts.binance.com/en/register?ref=M8RGDITW" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a></p>
<p style="text-align: justify">To buy KDA Coin, you first need to register on Binance and then transfer fiat currency. After transferring fiat currency like&nbsp; USD, you can purchase KDA Coin in the KDA trading pairs with Bitcoin (BTC), BUSD, and Tether (USDT).</p>
<p style="text-align: justify">Additionally, users can place a buy order at a lower value rather than just buying at the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market price</a> on <a href="https://accounts.binance.com/en/register?ref=M8RGDITW" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>. To do this, you can use the Limit tab and enter the amount you want to buy and the price you want to pay.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/what-is-kadena-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Kadena Coin?</a></h5>

What is Kadena Coin?

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