Overview of Kadena
Kadena makes blockchain work for everyone.
Why Kadena Matters
Vision
Kadena was founded on the idea that blockchain could revolutionize how the world interacts and transacts. But in order to reach mass adoption, chain technology and the ecosystem connecting it to the business world needed to be reimagined from the ground up. Our founders built a proprietary chain architecture and created the tools to make blockchain work for business. Previously thought unachievable, Kadena has been able to become the first and only Layer-1 blockchain that permanently addresses scalability while preserving the power of Proof-of-Work (PoW) security and decentralization.
Behind the tech
Prior to the launch of Kadena in 2016, our founders were already leaders in blockchain and cryptocurrency solutions:
Stuart Popejoy led JPMorgan’s Emerging Blockchain group.
Will Martino was recruited from his role as the Tech Lead for the SEC’s Cryptocurrency Steering Committee.
Together, Stuart and Will built JPMorgan’s first blockchain, now known as JPM Coin.
Kadena’s advisory team consists of experts such as Dr. Stuart Haber, the co-inventor of blockchain and the most cited author in Satoshi Nakamoto’s renowned 2008 Bitcoin white paper.
Kadena is the only platform offering a complete decentralized infrastructure for builders. Combining a revolutionary chain architecture with the tools needed for widespread adoption, your teams get the full capabilities of blockchain with the ability to go from concept to launch in days vs. months by not having to build from scratch.
Pact makes designing safer smart contracts effortless, whether you’re writing your first contract or launching your fiftieth dApp. It’s fundamentally different from other contract languages. It’s readable by non-developers. It automatically detects bugs, freeing you from the exploits you’ll face on Ethereum and other less safe platforms. And it has been battle-tested in production applications for over two years.
Pact is the first truly human readable smart contract language. It lets anyone write clearly, directly and safely onto a blockchain—a true advance for automated contracts. Pact automatically detects bugs and keeps the purpose of code clear. With other contract languages, finding bugs and making sense of fine print can be nearly impossible. Pact’s Formal Verification lets you test your contracts to make sure they do what’s intended. Additionally, when you reference code from other contracts, you stay in control of what happens with your transactions, even if they change their code.
Unlike other platforms, Kadena is designed to power global financial systems. Our protocol continually scales to higher TPS (Transactions Per Second) as more chains are added to the network. With its revolutionary multi-chain architecture, Kadena is the only scalable layer-1 Proof of Work (PoW) platform capable of scaling to settle the 9+ million trades executed on the NYSE each day.
Our founders' experience at JPMorgan revealed the potential for – and limitations of – existing blockchain solutions. In order to solve for the security and throughput demands of financial services clients, Kadena’s protocol runs on the Proof of Work (PoW) consensus mechanism found in Bitcoin, rather than Proof of Stake (PoS). To achieve Kadena’s breakthrough scalability, we braid together multiple Bitcoin-like chains, improving both throughput and scalability while maintaining the security and integrity found in Bitcoin.
As network demand increases, Kadena’s energy use remains constant. Its unique multi-chain architecture makes it the only platform that can deliver increased energy efficiency as TPS (Transactions Per Second) scales.
While we offer marginal transaction fees for consumers, we’ve gone a step further in introducing the first Crypto Gas Stations to allow businesses to eliminate all transaction fees for their customers, thus removing a key barrier to mass adoption of dApps.
Kadena works with your preferred services, so you can build how you want and where you want. Empowered with our ecosystem of product and service integrations across enterprises, mining, DeFi, oracles, interoperability, smart contracts, wallets and exchanges, our passionate community of builders, miners, and partners is changing how the world interacts and transacts.
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