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Kadena aims to make blockchain accessible and functional for everyone. The ecosystem integrates Bitcoin 
$107,644‘s security, near-zero gas fees, unique scalability, and smarter contracts.
What is Kadena (KDA)?
Kadena relies on proof of work (PoW) for several key reasons:
- Economic Incentive Alignment: PoW creates an economic incentive for the majority of hash power to validate and support the network honestly. Whether a non-PoW approach could reasonably achieve the same goal remains an open research question.
- Regulation: From the perspective of certain financial regulators, PoW miners are not considered money transmitters, which can make a probabilistic PoW mining system safer than a system with “finality” like PoS, especially from a U.S. regulatory standpoint.
Additionally, Kadena claims to offer its users the following benefits:
- More Secure Smart Contracts: Pact, Kadena’s contract language, simplifies creating safer smart contracts whether it’s your first contract or your fiftieth dApp launch. Pact detects errors automatically, saving you from the vulnerabilities you’d encounter on Ethereum
$2,523 and other less secure platforms. - Zero Transaction Fees: While providing consumers with marginal transaction fees, Kadena is the first crypto platform aiming to eliminate all transaction fees for businesses’ customers.
- Energy Efficiency: Kadena’s energy consumption remains stable as network demand grows.
- Proven Security: The experience of Kadena’s founders at JPMorgan revealed the limitations of current blockchain solutions. To meet the security and transfer speed demands of financial service clients, Kadena operates on Proof of Work, a reliable and secure system.
- Industrial Scalability: Unlike other platforms, Kadena is designed to support global financial systems.
Where to Buy KDA Coin?
KDA Coin can be bought and sold securely on Binance, the world’s largest cryptocurrency exchange by trading volume. On Binance, KDA is traded in KDA/BTC, KDA/USDT, and KDA/BUSD pairs.
To purchase KDA, you must first create an account on Binance. Once registered, transfer cryptocurrency or fiat currency to your Binance wallet. After completing the transfer, you can buy KDA in any of the three pairs mentioned above. For purchasing KDA/USDT, go to the pair’s interface, enter the desired amount in the specified field, and complete the transaction by clicking the Buy KDA button.
