What is Kadena?

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2 years ago

Kadena is a buildable blockchain like Ethereum, while it is also a reserve of cost like Bitcoin.

The blockchain in addition to private and public properties, which allows the daily person to use it for transactions between friends, as well as for organizations to use it to expand their company offers within the framework of the blockchain.

Can you mine Kadena?

Since Kadena is a proof-of-work protocol, it can be subtracted, which sets it apart from most of the projects that recently hit the crypto market. One of the giant drawbacks with mining the classic way (since Bitcoin is mined) is that it leaves a large fossil footprint, which is why many projects go with the more environmentally friendly trial of collaboration agreement procedure.

Kadena associations

They have already announced future interactions with Celo, Mundo, Ledger and Polkadot, to name certain, and have a platform in development for NFT.

Should you invest in Kadena?

Kadena really seems to be the blueprint for each of the answers, and it really may be the blockchain of the future.

Not to mention that the competition in the cryptocurrency space is fierce, and Kadena has chosen 2 of the largest blockchains to rival.

In addition there are several concerns once we talk about the Kadena blockchain, most of it due to the fact that its creators remain quite tied to the CEFI world.

For this reason, any investment in Kadena should be approached with caution, and you should be prepared to lose probably all of your money.

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