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Kadena is a distinct open-source, public blockchain. Kadena’s whole architecture, from the blockchain innovation to the clever contract language, has actually been built from the ground up, resolving the blockchain trilemma of security, decentralization, and scalability-making it completely possible for the next generation of the Web to be built on Kadena!
Pact: The Safe Smart Agreement Language
Kadena developed Pact to deliver web3 development and fundamentals in addition to web2 use. As an open-source, Turing-incomplete clever contract language, Pact facilitates transactional logic with a fine-tuned mix of performance in permission, data management, and workflow.
Pact makes sure smart agreements just perform on a developer’s intent, thus using a safer environment for conducting service. Executed directly on ledger, Pact code is kept in a human-readable format as an immutable transaction. Pact agreements can therefore be confirmed by non-programmers.
Pact is not like JavaScript or Strength. Microsoft’s VBA, the shows language to develop simple Excel formulas, is a better comparison. Pact is a clever agreement language accessible to contractors of any ability level, whether they are amateur JavaScript developers or computer science PhDs. Developers delight in comfort with next-generation clever contracts built on Kadena with Pact.
Chainweb: A Modern Proof of Work
Kadena’s Chainweb, the protocol’s native consensus technique, becomes progressively safe and environmentally sustainable as chains deploy, because the quantity of mining hash power remains constant. It scales as additional chains are deployed on the Kadena network. As we wrote in the Kadena white paper:
Chainweb is a brand-new parallel-chain Proof-of-Work architecture comprised of braided chains that all mine the same native currency and transfer liquidity in between each other. Unlike existing Proof-of-Work architectures, Chainweb uses enormous throughput without considerably increasing hash power. Chainweb has the possible to grow to a minimum of 1,250 chains carrying out upwards of 10,000 transactions per second while still preserving the unmatched resilience versus fraud and censorship of Proof of Work
Chainweb likewise assists to democratize mining. On Kadena’s multichain proof of work system, individual miners make mining benefits just as typically as they would if they were mining as part of a swimming pool on Bitcoin’s proof of work.
Mining On Kadena
A miner’s reward in a single-chain environment differs. One may only mine a block once per year, which is not sustainable from a profit/loss viewpoint. In a multi-chain system such as Kadena’s, miners make numerous blocks monthly.
Mining Kadena is simple-all you require is the hardware. Turn on the maker, put in an address, and point it at a node or a swimming pool to start earning KDA on the only network with truly decentralized evidence of work mining.
Block benefits are adjusted versus a set schedule every 6 months. Roughly half of the remaining minable coins are provided as block rewards for twenty years. Kadena is mineable for roughly 120 years.
The bottom line: Kadena is the blockchain for home builders
Pact, Chainweb, and simpler mining are just the tip of the iceberg regarding what’s ahead for the future of blockchain, thanks to Kadena. Follow us and you’ll discover why!