Kadena
KDA
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Series B | $12M | -- | Apr 12, 2018 | |
| Pre-A | $3M | -- | Jan 31, 2018 |
Kadena is a scalable Layer 1 blockchain platform designed to meet the demands of businesses and financial institutions. Founded in 2016 by Stuart Popejoy and Will Martino, Kadena aims to bridge the gap between blockchain technology and real-world business applications.
The platform utilizes a unique multi-chain architecture called Chainweb, which combines multiple parallel chains to enhance throughput and scalability while maintaining the security inherent in Proof-of-Work (PoW) consensus. This design enables Kadena to achieve high transaction speeds without compromising security.
Kadena also features Pact, a human-readable smart contract language that simplifies the development of secure and upgradeable smart contracts. Pact's design allows for the automatic detection of bugs, reducing vulnerabilities common in other platforms.
This combination of innovative architecture and developer-friendly tools positions Kadena as a robust solution for enterprises seeking to leverage blockchain technology.