kadena

Kadena provides a scalable and secure blockchain platform that aims to revolutionize the future of global transactions. 

• Founders: Stuart Popejoy, William Martini
• Founded: June 2016
• Headquarters: Brooklyn, New York, United States

Key Features:

• Offers a unique architecture that takes care of the limitations of the traditional blockchains. 
• Utilizes a multichain system called Chainweb that allows multiple blockchains to operate simultaneously.
• Kadena relies on a PoW mechanism similar to Bitcoin but advances its version by spreading workload distribution across multiple chains.
• It has launched gas stations that allow businesses to pay transaction fees on behalf of the users.

It has raised a total funding of $15M over 3 rounds, the latest funding was raised From a series B round on April 11, 2018. 

FAQs

1. Is Kadena an open-source platform?

Yes, it is an open-source platform where developers are allowed to review the code and contribute to its codebase.

2. What is Kadena's approach to security?

It implements security features that include chainweb architecture, pact smart contract language, WebAuthn integration, proof of work consensus, capabilities-based security model, and regular security audits.