Kadena is a blockchain platform and cryptocurrency designed to improve scalability and security in decentralized applications (dApps). It was founded by Stuart Popejoy and Will Martino, both experienced blockchain engineers who previously worked at J.P. Morgan. Kadena aims to address the limitations of existing blockchain technologies by utilizing a combination of proof-of-work and proof-of-stake consensus mechanisms.
Kadena's main chain, called Chainweb, uses multiple parallel chains, each created within its own network of computers. This parallel chain design enables Kadena to handle increased transaction volumes and smart contract execution more efficiently. Moreover, Kadena integrates the Pact smart contract language, which provides a secure and user-friendly environment for developers to build dApps.
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