How does the Kadena network work?
In the Bitcoin network, each new block that is mined contains the hash of the previous block of the chain. In order to mine new blocks, network miners compete with each other to solve mathematical problems. This work is called proof of work, which is the first method to prove the authenticity of transactions and ensure the security of decentralized networks. In Cadena, in addition to connecting to the previous block of its chain, each new block is connected to 3 blocks of peer chains, and the Merkel tree also contains peer chains. With this, the power of the network to spread and spread data across the network increases. None of the cDNA chains are side chains
Introducing the Kadena development team
The Kadena project was started by Stuart Popejoy and Will Martino. Stuart Popeji has experience leading the blockchain group for JP Morgan and has 15 years of experience designing trading and exchange systems. Will Martino also worked as the head of the engineering team of JP Morgan before starting the Kadena project. He has also served as Chief Technology Officer of the Cryptocurrency Steering Committee and the SEC's Quality Analysis Unit. Dr. Stuart Haber is one of the people who invented the blockchain twenty years before the emergence of Bitcoin. He works as a cryptography consultant in this project
The total supply of KDA coins is fixed at 1 billion units, which will be mined over 120 years. The circulating supply of Kadena digital currency is approximately 250,000,000 units.
70% of the KDA coin supply is allocated to miners, 20% to the platform, 7% to investors and others, and 3% to contributors.
In the Bitcoin network, each new block that is mined contains the hash of the previous block of the chain. In order to mine new blocks, network miners compete with each other to solve mathematical problems. This work is called proof of work, which is the first method to prove the authenticity of transactions and ensure the security of decentralized networks. In Cadena, in addition to connecting to the previous block of its chain, each new block is connected to 3 blocks of peer chains, and the Merkel tree also contains peer chains. With this, the power of the network to spread and spread data across the network increases. None of the cDNA chains are side chains
Introducing the Kadena development team
The Kadena project was started by Stuart Popejoy and Will Martino. Stuart Popeji has experience leading the blockchain group for JP Morgan and has 15 years of experience designing trading and exchange systems. Will Martino also worked as the head of the engineering team of JP Morgan before starting the Kadena project. He has also served as Chief Technology Officer of the Cryptocurrency Steering Committee and the SEC's Quality Analysis Unit. Dr. Stuart Haber is one of the people who invented the blockchain twenty years before the emergence of Bitcoin. He works as a cryptography consultant in this project
The total supply of KDA coins is fixed at 1 billion units, which will be mined over 120 years. The circulating supply of Kadena digital currency is approximately 250,000,000 units.
70% of the KDA coin supply is allocated to miners, 20% to the platform, 7% to investors and others, and 3% to contributors.
