Saga is a Layer 1 blockchain protocol that allows developers to design their own dedicated chains for running applications. Learn more in this article.

 universe right now is the lack of accessible tools for developers. Many people interested in designing new 

 projects struggle to find the right software developer kits (SDKs) for their projects. The Saga ecosystem aims to fix this issue by providing unparalleled support to app and game developers. 

Can the Saga ecosystem really become the premier chain for web3 development? Keep reading to learn how it works and see whether it's likely to attract new developers.

 blockchain protocol. It allows developers to design their own dedicated chains for running applications. People who work on Saga all share the same security, scaling solutions and SDKs, but they each get their own unique chain that they can customize to suit their needs.

 of technology, crypto and finance enthusiasts. CEO Rebecca Liao is a co-founder of the Skuchain project, the designer of the 

 and a former international corporate attorney. Other members of the founding team include former Tendermint executive Jin Kwon, Blocktech Ventures founder Bogdan Alexandrescu and 

. They realized that there was a major need for a development-focused blockchain specifically designed for game project development. Saga's mission has attracted many major investors, 

Saga aims to create a new system for web3 project developers. Currently, most developers have to choose between the ease of working on an established chain like 

 versus the convenience and customization of designing their own chain. The Saga team realized that the most effective option for game developers would actually be a combination of the two types of development environments.

Saga wants to let developers set up their own sovereign blockchain so they can decide how things like 

 and transaction fees work. However, Saga also aims to provide extensive support for developers in its ecosystem. Its underlying framework ensures that people still have excellent security and a reliable validator set, no matter what their gaming project is.

 ecosystem, whose interchain web development standard is a set of protocols that allows a broad variety of blockchains to communicate with each other. The Saga network uses the 

 and the shared security system of the Cosmos ecosystem to manage the network, and has created its own Layer 1 chain that runs the entire Saga ecosystem and can do things like automatically launching 

The Saga Mainnet handles each developer's compiled smart contract binary. However, it also runs parallel dedicated chains that function as virtual machine (VM) modules capable of handling a specific set of smart contracts. End users for blockchain games and other apps interact only with the dedicated blockchain, while the developer's system manages the fees and individual transactions on the Saga Mainnet.

All of the chains on Saga are validated through optimistic coordination, which requires every Saga validator to validate each chain in the Saga ecosystem via 

 validation, verifying transactions by temporarily locking Saga tokens.

The Saga network contains a lot more than just the basic features offered through the Cosmos SDK and ecosystem. In addition to the software development tools and helpful interface for Saga's validators and developers, the ecosystem also contains the following features.

The overall layout of the Saga ecosystem starts with the Saga Mainnet. Built on the Cosmos hub, this framework includes a full validator set and a dedicated blockchain for handling all smart contracts. The basic protocols are passed on to each child chain in the system, and information is relayed back and forth between the main chain and all of the secondary chains. Saga's validators stake tokens, and then check to make sure every element of the topology follows Saga’s regulations.

 are a method for creating a dedicated blockspace that a developer can manage. These chainlets function as virtual machines that can handle smart contracts and automatically launch Celestia rollups. Each chainlet is its own blockchain that handles nothing but a specific gaming project. Developers decide on the gas fees they'll charge users, and can add chainlets as their projects expand and require more throughput from the remaining validators.

Saga's shared security relies on both the Cosmos hub and its own set of validators to secure the network. Validators on Saga’s network are monitored by auditors who can catch potential issues with individual dedicated chains. If anyone in the validator set fails to properly confirm a smart contract, their staked tokens are automatically confiscated.

 is a publishing system for gaming developers who want to create their own blockchains with help from Saga. It offers infinite scalability, seamless 

 and transactions without gas fees. In addition to use of the Cosmos SDK, developers who choose to publish their game through Saga Origins receive access to a variety of helpful marketing and distribution tools.

 is an interconnected blend of all the developers and projects in the Saga system. Though each sovereign blockchain is fully independent of others, they all join together to offer users a variety of exciting web3 projects. People interested in checking out the latest blockchain designs can join the Multiverse and browse all the neat concepts built on Saga.

To help get the Saga validator system started, Saga released 

 to its community members. People were eligible for the 

 if they had participated in the staking program or played in tournaments to promote Saga ecosystem games. The airdrop eligibility period required remaining validators and other participants to be active between January and October of 2023. Once the airdrop began allowing people to claim tokens, it continued to run until Mar 27, 2024.

 consists of four separate phases. The company has already completed the Andromeda and Cassiopeia phases, which focused on designing the Mainnet and setting up the system of Saga validators. Currently, the Saga team is in the Pegasus phase, which is about releasing tokens and opening the Saga Mainnet to the public. Sometime in late 2022, Saga’s team hopes to reach their Mainnet V2 phase, which will prioritize a new version of the Saga Mainnet with more features and options for dedicated blockspace.

SAGA tokens are the primary method for paying fees on the Saga network. These tokens are also used for staking, and function as a method of confirming Saga transactions. There are a total of 

, of which around 90 million have thus far been released. Saga plans to distribute its tokens as follows:

SAGA is still in the early stages of its token launch. However, it’s already surprised investors, having debuted at $4.91 on Apr 9, 2024 before quickly surging to its ATH to date of $7.60. It then steadily declined over the next few days to its current price of $3.06 as of Apr 19, 2024.

 SAGA, with its experts believing SAGA’s price will reach $15.73 by 2025 and decrease in 2027 to $6.27, before rising again to $13.45 by 2030. This bullish sentiment is amplified by analysts at Changelly, 

 SAGA’s price will increase to $6.91 in 2025, $14.21 in 2027 and $44.36 in 2030.

Looking to trade Saga tokens? Bybit now offers SAGAUSDT Perpetual contracts. To get started, you’ll first need to 

, then fund it with cryptocurrency and navigate to the 

SAGA has done an extremely impressive job of attracting users, and seems poised to become the big coin debut of April 2024 with its high price.

However, it's hard to say whether SAGA can maintain its price in the long run. It's quite common for new startups to have a strong start and then drop in price once their project fails to take off. If the Saga ecosystem can’t attract new developers and continue to release impressive projects, investors could see some major SAGA losses in the future.

Since this coin is so volatile right now, investors need to 

. It has the potential for both big profits and big losses, so you’ll want to carefully consider how these price shifts might affect your portfolio. For best results, avoid investing more than you can afford to lose, make sure you diversify your investments — and 

By offering developers the chance to create their own dedicated chains, Saga offers a more convenient and scalable system for blockchain gaming. Its helpful features and low transaction fees have already attracted many people, and it's no surprise that many others are interested in the project. Furthermore, SAGA tokens have had a promising start with extremely impressive growth. If the Saga company can successfully capitalize on its early buzz, it has a bright future.

Intermediate

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Saga (SAGA): Catalyzing the Multiverse With Scalable Chains

Discover Masa, a platform empowering individuals to control and monetize their data, decentralizing AI storage and promoting ethical data sharing.

Few areas of the crypto industry are as popular these days as artificial intelligence (AI). AI-related tokens and projects experience some of the highest growth rates, with particular interest attached to generative AI technology and large language models (LLMs), all thanks to OpenAI's massively popular ChatGPT tool. This is no surprise, as blockchain technology has the potential to address many of the limitations of LLM algorithms, particularly those related to the issues of data and centralization of AI models.

The Masa network (MASA) is a new AI-focused crypto platform that brings a fresh paradigm to the world by allowing individuals to control and monetize their personal data. Its platform also contributes to the AI revolution by decentralizing the storage of both the user data and the LLMs utilizing it.

 (MASA) is a blockchain platform that provides access to user-consented, hyper-specific behavioral and personal data and decentralized LLM algorithms. 

The platform launched its operations on Apr 11, 2024. Masa operates as a subnet on the 

 (AVAX) blockchain. To enable cross-chain functionality, it has also integrated 

 technology. This lets Masa bridge assets, initially to two key blockchains, 

 (BSC), with additional chains to be added in the future.

Masa provides user-consented AI data that’s stored in a decentralized way. As of mid-April 2024, more than 40 million data points from over 1.4 million 

 user wallets are available via its permissionless data layer. Masa represents an entirely new decentralized AI paradigm: while most data providers use centralized storage solutions, its platform's data is always stored in a decentralized, blockchain-based format.

The data made available via Masa’s platform is user-consented for collection and privacy-protected using its Zero-Knowledge 

 (zkSBT) technology, which allows users to share their personal data securely and confidentially by storing this encrypted data on the blockchain. Thanks to the zkSBT, users can share fairly detailed personal data while protecting their identities and the specifics of their online activities.

This user-consented data is directly sourced from users through the Masa App and Masa Chrome browser extension with their consent. Users have complete control over their data, which is collected in a highly detailed, verified and ethical manner. 

As such, it's different from the typical user-aggregated data collected from the internet by companies. Compared to user-consented data, user-aggregated data tends to be less granular and, obviously, has ethical strings attached to it: in most cases, users don't consent to the collection of such data, or (at best) provide reluctant consent by clicking on annoying "Accept All Cookies" buttons.

While focusing mostly on user-consented data, the Masa platform also offers developers a way to access user-aggregated data for a richer data network. Using Masa's web data scraper, developers can extract data from websites, social media posts, blogs and online databases.

User-aggregated data is collected by data node workers via the Masa Oracle network and Masa Chrome extension and stored on the platform, benefiting from the 

In addition to datasets, Masa enables the decentralized execution of LLM algorithms, facilitated by the Oracle node workers, who leverage their surplus CPU and GPU computing power to run open-source LLMs for fine-tuning AI models.

The Masa project aspires to achieve goals crucial to the development of all data and AI industries. First, Masa allows individuals to completely control their own personal data by choosing what to share with the outside world while protecting their confidentiality. The blockchain-based storage mode also ensures the security of the stored data. Additionally, users can monetize access to their personal data, becoming a major beneficiary of its use.

All of these benefits are in stark contrast to the traditional way user data is collected, stored and used on Web 2.0 platforms. In this traditional mode, one is often unaware of what personal data is collected about them, as well as when and by whom. Although the data used for analytics purposes might be in an aggregated form, together with the details of other online users, individual users are still part of the "guinea pig" cohort whose details have been unceremoniously extracted and utilized without their knowledge or consent.

Moreover, when hit online with some fairly relevant advertising based on past search phrases, one begins to realize that data isn't always used in an aggregated format. In fact, its utilization can be quite personalized. And of course, in the traditional mode of data collection, we’re all rarely reimbursed for the data we share.

Another aim of the Masa project is to provide a secure and efficient decentralized infrastructure for running LLM algorithms. Traditional, centralized hosting solutions for AI models face challenges, such as technical capacity and security issues. For instance, many centrally hosted LLM-based solutions suffer from performance degradation when large numbers of users access them simultaneously. Masa's approach to leveraging decentralized resources for running open-source LLMs efficiently addresses these capacity limitations, providing enhanced scalability and reliability for AI applications.

Masa operates as a subnet on the Avalanche blockchain, using cross-chain communications supported by LayerZero to access other networks as well. Avalanche subnets are completely independent 

 networks with their own set of rules and functionalities. Subnets, including Masa, use Avalanche's validators, or a subset of validators, to secure the network and achieve consensus.

Besides the validators, the Masa network has another type of functional nodes — 

. These special Masa nodes play a critical role in providing structured data and advanced AI models while prioritizing data privacy.

The Masa Oracle network acts as a decentralized web scraper, gathering data from the internet and organizing it for AI training and development. This approach gives developers access to hyper-personalized training data to improve language model performance. It also supports the decentralization of LLMs, making them easily accessible without complex setup.

As mentioned above, users can manage access to and monetization of their personal data via Zero-Knowledge Soulbound Tokens (zkSBTs), which provide a secure way of providing access to users’ personal data without compromising their privacy.

 is the main gateway for users to interact with the Masa platform. It lets them provide access to personal data and earn crypto rewards by staking data in four different ways:

Masa’s native cryptocurrency, MASA, is a utility and 

 used to reward users for providing their data to the network. 

 MASA also earns you crypto rewards. Entities who wish to utilize data held by the network pay for access to it in MASA tokens. The token is also used to reward the Oracle nodes.

As a governance token, MASA lets you participate in votes on any changes and upgrades to the platform's rules or fee structure.

The token's supply economics doesn't specify a maximum cap. MASA's total supply is 1,588,866,523, which will be released gradually over a period of around four years starting in April 2024. Token supply allocation shares are per the table below.

The MASA token is available on Bybit via a 

. Bybit's Spot and Derivatives markets provide you with opportunities to trade hundreds of cryptocurrencies and crypto-based products. If you don’t have a Bybit account, you can easily 

 to access Bybit's range of crypto products and assets.

The Masa network is a refreshing addition to the data industry, whose user consent and privacy have been under attack for many years. The Masa platform puts data ownership in users' hands, allowing them to control access to their data and benefit from its monetization. As online privacy concerns and invasive Web 2.0 advertising shenanigans grow, more users will be attracted to Masa's unique data concept.

In addition to allowing individuals to control and monetize their data, Masa also contributes significantly to the development of 

, which is important because the decentralized mode of data and model storage championed by the platform has the potential to solve many technical limitations of LLMs and other types of AI algorithms. This is a network full of merit and promise; all it needs now is wider recognition and user adoption.

Advanced

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Masa (MASA): Powering AI With User-Centric Data Monetization

Today’s outperformer is LSK, which jumped 17.63% after Lisk partners with Velodrome to enhance blockchain access and drive ecosystem growth.

The SPX index is down 0.22% as the market anticipates less Federal Reserve rate cuts, considering the possibility of no cuts this year. The broader cryptocurrency market is up, with Bitcoin and Ether rising by 4.18% and 3.19%, respectively in the past 24 hours.

Lisk (LSK), launched on May 2016, is a cryptocurrency platform that enables developers to build decentralized applications (dapps) using JavaScript and TypeScript. It supports custom "sidechains" within its network, offering tools like a software development kit. Lisk has announced a partnership with Velodrome to support and expand its blockchain ecosystem. Lisk will purchase and lock $VELO tokens for voting, directing VELO emissions to key pairs on Lisk. This collaboration aims to support existing protocols on Lisk, attract new developers, and enhance blockchain accessibility and adoption in emerging markets. Velodrome will back Lisk's Layer 2 initiatives, aligning with the goal of creating a scalable, interoperable Ethereum future.

Check Out the Latest Prices, Charts, and Data of 

The Runes protocol is set to debut alongside Bitcoin's 2024 halving, heralding a new phase in Bitcoin's evolution by enabling the creation of fungible tokens directly on its network. This follows the impactful Ordinals protocol, which significantly expanded Bitcoin's functionalities. The Runes protocol will spark competition among developers to issue and acquire the first tokens, with global exchanges ready to support these tokens from day one. The halving event will also feature a race to mine a highly valuable "Epic" satoshi. As Bitcoin approaches this transformative era, extensive preparations and educational initiatives are underway to equip users for the forthcoming changes, marking a profound shift in Bitcoin's operational and cultural landscape.

Spot Bitcoin ETFs have yet another day of outflow, however, yesterday’s outflow was close to neutral. The market has seen fluctuating flows in these ETFs, with significant activity in some and none in others, reflecting mixed investor reactions. Recent substantial outflows echo trends from March, but analysts regard such fluctuations as typical for ETFs and not indicative of failure. Despite this volatility, the outlook for Bitcoin ETFs remains positive as they continue to draw institutional interest and shape market dynamics.

Avail, a blockchain data-availability protocol developed using Polygon’s SDK, has announced an airdrop of 600 million AVAIL tokens, marking its one-year anniversary since spinning off from Polygon Labs. The "Unification Drop" aims to bring together various blockchain communities by rewarding developers, governance contributors, educators, rollup users, stakers, and others who have significantly contributed to the ecosystem. Avail's infrastructure includes three segments: Nexus for cross-chain transactions, Fusion for liquid staking on chains like Ethereum and Bitcoin, and DA for scaling rollups through technologies like KZG commitments. The airdrop will distribute tokens to 354,605 wallet addresses and includes significant allocations for various roles across multiple blockchains, including Ethereum, Bitcoin, Solana, Cosmos, and more, emphasizing a unified Web3 environment.

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Runes Protocol Revolutionizes Bitcoin with New Token Capabilities Ahead of 2024 Halving

Nolus is a decentralized finance lending protocol with cross-chain capabilities. Learn more about how it works in this article.

One of the big advantages of decentralized finance (

) is that it provides more options for users. People who cannot get traditional loans because a typical bank deems them "high-risk" can turn to the DeFi sector to borrow crypto assets. The Nolus Protocol is a new DeFi lender that offers users all sorts of exciting opportunities. To see how this intriguing project works, explore this guide to learn all about Nolus.

 is a DeFi lending protocol. It has cross-chain capabilities that let people choose the most favorable rates possible and avoid the need to save up funds for liquidity.

Nolus was founded by Ivan Kostov and Kamen Trendafilov. Kostov worked in traditional finance, while Trendafilov has a background in marketing and business. During their time in these sectors, Nolus's founders realized that blockchain networks had the potential to revolutionize banking. They decided to join together and create a new leasing system that makes the most of DeFi products instead of just trying to mimic past banking methods.

Nolus started work on its plans in 2022 and officially launched its mainnet in 2023, having successfully completed several investing rounds and receiving 

 Token Metrics, Autonomy Capital, Everstake and more.

Nolus aims to tackle three problems common in crypto lending markets:

 software developer kit (SDK). Its code is entirely open sourced, and is updated and changed only when all stakeholders in the Nolus community vote to do so. According to the Nolus white paper, its ecosystem’s goal is “to build a novel user experience–driven automated money market” that facilitates direct interactions between lenders and borrowers without involving any other users.

The Nolus lending method starts with lenders choosing to supply 

 to the system. Any borrower who submits a down payment can get a loan from this supply of stablecoins. Both the coins and the down payment are 

, and interest is determined based on the value of the items. There’s no fixed repayment schedule, but the smart contracts ensure that interest is automatically removed from the collateral, and then paid to the lender at regular intervals. Once the user decides to repay the lease, the original assets are released from the smart contract.

Nolus's lending protocol includes many ways for customers to profit and enjoy convenient services. Here are the main DeFi products you can access through Nolus.

DeFi leasing on Nolus is designed to be as convenient as possible. Customers don’t have to go through a lengthy application or pay a lot of fees to other users. You just enter your collateral and get a loan of up to three times the value of the initial investment. Interest rates vary between 11% and 18%, based on the market value of the digital assets. The 

 allow the loan to be repaid on your own schedule. However, keep in mind that you pay more interest if you wait a longer amount of time to repay the loan.

If you want to earn money based on your existing crypto, you can join one of the many 

 on Nolus by submitting stablecoins in exchange for interest-bearing Nolus crypto. When you're ready to withdraw your funds and stop participating in DeFi leasing, you can cash out your Nolus tokens to receive your initial asset, plus any additional interest or network fees you’ve earned.

Nolus's system of money markets isn't the only thing they provide. Users who decide to 

 a crypto asset on Nolus can earn more money. The Nolus ecosystem offers the option of staking NLS tokens in exchange for various incentives. Lenders receive higher amounts of rewards for lending stablecoins, and borrowers get a lower interest rate.

Nolus has had some impressive growth since its launch in 2023. In just six months, the lending protocol has assisted with thousands of loans, collectively worth $8.6 million in total. Its team calculates that they've managed to achieve an average 

Nolus hopes to expand on this momentum in 2024. Its main plan is to continue marketing the lending protocol heavily, attracting more users who want to do their own research and find the best possible loans. To further attract users from the DeFi sector, Nolus aims to add more support for other crypto tokens and increase network liquidity. Nolus stands for community-led governance, so they don't have a long-term road map in place. Instead, they plan to evolve and adjust to suit whatever community needs arise in the future.

. It allows users to adjust their interest rates, and it's also a 

. People with NLS tokens can vote on how the platform is run and help implement new changes for the platform. The NLS token has a total supply of 1 billion. Nolus’s plan is to gradually mint tokens over a ten-year period, and implement a token buyback program to help maintain value. NLS token distribution will be as follows:

When the NLS token was released in the summer of 2023, Nolus prices were fairly stable. However, now that investors can sell their NLS tokens, prices have become more volatile. Starting in December 2023, NLS prices 

, and although the token currently seems to be dropping from its all-time high of $0.10, more price increases seem likely in the future.

Not only is the market for the NLS token quite bullish right now, but the Nolus lending protocol is also attracting a lot of positive attention in the crypto space. If the network can maintain its positive attention and attract more users, prices seem likely to rise even further. CoinCodex predicts Nolus prices will stay in the $0.04 to $0.19 range for 2025, and hit 

. This attitude is backed up by crypto influencers such as Crypto Revolution, 

 an underrated crypto with a lot of potential for growth.

The Nolus project is a well-thought-out crypto protocol that offers users significant advantages. Its innovative approach to lending could potentially attract a lot of users from the DeFi space. In addition to having a reliable system backed with effective technology and a detailed white paper, NLS digital assets have also experienced some promising growth patterns. The crypto asset has had a slow yet steady climb in price, and now that it's trending in crypto news, it seems poised to take off.

However, keep in mind that it's still important to 

 on digital assets. Some crypto investors might find it concerning that the Nolus project is mostly backed by marketers, instead of blockchain enthusiasts. There have also been some tech issues, such as the 

 that led to some unnecessary margin calls. Subsequent issues could limit price appreciation of its crypto assets. Therefore, it's necessary to approach Nolus with caution and not overextend your finances.

Nolus's DeFi lease system allows people to obtain easy access to crypto. Its innovative approach provides investors with significant advantages. Unlike traditional finance, there's no lengthy application process, and in contrast to many other blockchain networks Nolus doesn't have frequent margin calls or high network fees. As long as Nolus doesn't run into any technological issues or financial problems, its network is likely to have a lot of success in the DeFi space.

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Nolus (NLS): Crafting Liquidity's Future With Leading DeFi Leases

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Altcoins

Kadena is an innovative Layer 1 blockchain ecosystem with private and public blockchain networks. Find out more about this interesting ecosystem here.

 technology offers many promises, such as enhancing security, protecting privacy and more. While the blockchain technologies produced today have made grand promises, the unfortunate reality is that the technology has not been widely adopted because of problems and insufficiencies with existing blockchain applications. 

Current blockchain technologies have been developed as private blockchain applications. 

, however, is a dual-layered blockchain system with numerous attractive traits, and it has been designed to encourage widespread adoption. A closer look at how this technology works will shed light on its profound features and abilities.

 (PoW) technology, this blockchain technology has been designed from the ground up to give developers an infrastructure-level performance for their blockchain projects. The Kadena platform was founded in 2016 by

. Popejoy headed the Emerging Blockchain group at JPMorgan, while Martino served as the Tech Lead for the Cryptocurrency Steering Committee of the 

 together, which was JPMorgan’s first attempt at blockchain development.

Other notable players in the blockchain world are directly active with the technology. They include 

, who co-invented blockchain. They also include 

. Along with Haber, Stornetta developed time-stamping documents more than two decades before the debut of Bitcoin. This core group of individuals, along with many other accomplished experts, have the primary goal of using a 

 language that would take blockchain technology to a new level.

 is a unique platform that stands apart from other blockchain technologies through its design and features. Notably, it uses a proof of work function to address issues that have plagued other platforms. Specifically, the design of this blockchain technology optimizes scalability and throughput. Scalability is improved through braided chains, and security is on par with what Bitcoin can deliver.

Notable platforms such as Bitcoin and Ethereum use single-chain architecture. Because of this, their proof of work cannot be scaled in the same way as Kadena’s. The multi-chain, braided structure of the Kadena blockchain creates limitless throughput capabilities. In fact, its scalability accommodates millions of trades daily.

The Kadena ecosystem also stands apart from private blockchain systems in other key areas. For example, it aligns the interests of all blockchain participants through the allocation and distribution of coins. Its customized process for doing so creates sustainability, scalability and security.

The blockchain is designed with the smart contracts development language known as “Pact.” To promote the functionality of this blockchain, Pact has been cleanly developed specifically for developers and non-developers alike to read and employ. With more than two years of experience, the functionality of Pact has been put to full use. The language lays the framework for exciting features that are still in the works for other projects. Its active qualities cover interoperability, multi-sign, error messaging and more. Added to the specific design of this smart contract language is its use of transactional logic. This logic integrates workflow, data management and authorization seamlessly.

The primary concept behind this blockchain was to create a technology that was easy enough for both developers and non-developers to use for application development. At the same time, it is designed with scalability in mind. Notably, this blockchain network can process more than 200 

 (TPS) while also confirming transactions within 10 seconds.

The robust capabilities and incredible functionality of this blockchain network are both supported and enhanced by a number of great features. What makes the Kadena network stand apart from other technologies currently in use, or being developed today?

Across a wide range of industries, Kadena can be applied with a focus on speed, security and scalability. Its

 is supported by readable smart contracts as well as private blockchain and public blockchain protocols. The language of Pact supports optimized functionality in an easy-to-use way. At the same time, the technology uses a series of braided chains that allows it to be fully scalable for a wide range of applications. 

While many other seemingly comparable technologies have some of these functionalities in the works, they have yet to achieve what this blockchain network has already been successfully doing for more than two years.

Kadena's smart contract language, Pact, was developed for enterprise-level applications. Without getting a headache, non-programmers can use 

 to create scalable solutions. The rudimentary language is oriented around the use of secure smart contracts. At the same time, it promotes efficiency and offers superior functionality through its straightforward design. Notably, Pact has been developed on 

, the software solution that has been created specifically for launching blockchains.

Kadena uses KDA as its native cryptocurrency. Block mining and computational power are paid for with KDA. This means that KDA is paid by users to include individual transactions in a block. This practice also applies on a larger scale to a block of transactions. However, transaction fees for consumers are minor, and some businesses are able to eliminate transaction fees altogether using this blockchain technology. This innovative network has a cryptocurrency gas station that negates the need for transaction fees. In the process, it removes a major roadblock that has prevented the mass adoption of other similar technologies.

It is easy to assume that the efficient use of energy would plummet as transactions are scaled. While this may be the case with some lesser platforms, it is not the case for Kadena. The idiosyncratic design of this technology enables its energy consumption to remain constant even when demands on the network skyrocket. Because of this special quality, you will find that energy efficiency is optimized to greater levels as the number of transactions completed per second increases. Notably, the scalability of this technology also affects speed efficiency. Through efficiency, this network can be progressively scaled to higher levels without jeopardizing its overall functionality in any way.

The founders of Kadena, Stuart Popejoy and William Martino, originally teamed up at JPMorgan to develop the JPM Coin. Through that important professional experience, Popejoy and Martino saw clearly that existing blockchain solutions have solid limitations in security. Because of Kadena’s functionality on proof of work, it offers a level of security and reliability that you will not find with other similar solutions.

Kadena operates as a hybrid blockchain with two distinctive layers — Chainweb and Kuro. Chainweb is the first layer, and it’s a public blockchain, which means any user can contribute to the ledger. This enhances functionality, but this type of layer is usually not as fast as a private blockchain. Notably, Chainweb had only 10 chains prior to August 2020. Later, it was upgraded to 20 braided chains. The upgrade is what established improved scalability without negatively impacting the blockchain network’s security. Be aware that Bitcoin and many other similar technologies use only one chain.

The second layer that Kadena operates with is Kuro, which is Kadena's private blockchain. This means only those who have been invited to use the technology can do so. Administrators, understandably, allow only those whom they trust to access the system, so this facilitates security. Kuro functions at a much faster rate than Chainweb. In fact, it’s capable of processing 8,000 transactions per second, and this is spread over 500 nodes. Combined, Chainweb and Kuro support the processing of 480,000 transactions per second.

 (DEX) that is built on Kadena’s well-designed blockchain. Because the system will be scaled linearly, gas available through the blockchain system’s cryptocurrency gas station remains free, regardless of how large Kadena grows. 

Kaddex has other exciting qualities as well. For example, because it is integrated with minimum trade size splits and state channels, it promotes security. At the same time, it has a faster confirmation time, a faster transaction processing time and a higher level of resilience. Kaddex also enables stakers to earn passive income through their activities. Kaddex’s unique features include swapping, pooling, 

 from Ethereum. It shows recent transactions on a per-second rate as well as the mining difficulty. This information, known as the 

, builds proof of work blockchains. A higher hash rate indicates greater security. Hackers can break into a system and alter transaction data, reverse transactions and take other steps to cheat the system. Kadena Block Explorer also provides a readout for the circulating supply of coins, block height and the number of transactions.

 in July 2021 to give users the chance to help secure the chain relay through bonding KDA. These users, referred to as bonders, will help by operating software that proposes and endorses bridged data. This process is meant to allow Kadena to establish robust economic security for bridging activities. In return, bonders are rewarded for their active participation with fees in the form of competitive APY and activity fees.

While Kadena has been active for only a few years, it’s already being used successfully in a variety of ways. Its security, scalability and even its free-of-charge gas stations make this a desirable technology that will undoubtedly continue to be adopted by many others going forward. Already, Kadena has connected to the Ethereum Mainnet. This cross-chain bridging has also been completed with such notables as 

 and Terra. Kadena also works with Amazon and other major entities.

Looking ahead, Kadena will soon be adopted by 

 games. These are trending in popularity, and Kadena is perfectly suited to support them. In addition, Kadena is actively offering grants to encourage the development of new projects. The application for the development grants is available through the blockchain’s website.

The price of Kadena’s token, KDA, fluctuates regularly in the same way that other cryptocurrency prices fluctuate. In some cases, the change in price has been extreme. For example, KDA’s price jumped by 1,400 percent between October and November 2021. The spike has been correlated with positive media attention. This was followed by a notable correction.

Currently, miners have the largest allocation of KDA tokens as encouragement for completing mining transactions. However, the mining rate of KDA is expected to halve annually. This means that miners will receive half of what they got in the previous year for mining a block. This is reminiscent of Bitcoin's strategy, which halves its mining rate every four years. It is important to note that Kadena’s mining schedule can be adjusted at any time. Adding to KDA’s tokenomics is the fact that allocations for investors and contributors will be fully vested this year.

Generally, tokens worth approximately $5.8 million in U.S. dollars are staked by the Kadena community every 20 minutes. This reflects the community’s focus on yield farming and its commitment to decentralized finance. These important factors may ultimately help drive the coin’s demand in the months and years to come.

 has progressed impressively with the accomplishment of major milestones. The platform’s development, for example, has included the 

, the development of Chainweb Mainnet 2.12, the release of Pact 4.2.0 and more. Advancements in the development of the ecosystem are also notable. They include listing on the Binance exchange, refreshing developer documentation and launching Kadena Eco.

Looking forward, much more work still needs to be done on Kadena. Plans for the ecosystem include the development of Pact Core v1, employing the Ledger hardware wallet, supporting a Chainweaver token, integrating with WalletConnect and achieving other milestones. Likewise, there are ecosystem projects in the works, such as creating an infrastructure for lending, launching a sustainable mining initiative, establishing more partnerships for growth, completing phase two of the ecosystem initiative and other efforts.

It’s important to note that it’s not possible to accurately predict the future value of a cryptocurrency asset. Cryptocurrency prices are highly volatile and are affected by numerous factors. However, many experts agree that the value of KDA tokens will generally trend upward for at least the next year. The token’s all-time low of $0.12 occurred in January 2021. The all-time high, $28.25, was in November 2021. Its current value reflects a correction after that spike. Looking ahead, some experts believe that

 could reach $11.06 in 2023 and $14.54 by 2025.

 tokens could be a lucrative move. Kadena is an innovative technology that addresses many of the challenges that have plagued other blockchains and inhibited the viability of the technologies. Because of Kadena’s differences, however, it makes sense to turn your attention to the purchase of KDA tokens today. KDA tokens are available through several exchanges. 

, you can purchase KDA tokens as perpetual contracts at the current market value, and you can hold your tokens until you wish to sell or use them. The tokens can conveniently be purchased through this platform after you create and fund your account. These steps can be completed quickly through an online process.

Kadena has numerous standout traits that differentiate it from other blockchains. For example, it uses 20 chains braided together rather than a single chain as other blockchains use. This allows for speed and efficiency, reliability and scalability. Kadena also uses a gas station system to allow transactions to be completed without transaction fees. Even Kadena’s programming language, Pact, is engineered differently to accommodate use by both developers and non-developers for optimized functionality.

Much work has already been done on the Kadena system, but the blockchain’s developers have more great plans in mind. With all of these factors taken into consideration, KDA tokens are built on a stable, high-level blockchain that’s still improving. This means there’s considerable upside potential for an investment in KDA tokens.

This is a well-designed blockchain that’s quickly positioning itself as a leader in the pack. It offers advancements and features that even Bitcoin and Ethereum don’t offer, such as scalability. At the same time, the blockchain’s founders and developers continue to work on the blockchain daily to boost its functionality to even higher levels. From launching wrapped native tokens on Kadena to enhancing the Wallet API to accommodate multiple transactions, Kadena continues to be a work in progress. In fact, its future progression also includes being listed on more U.S. exchanges, focusing on marketing to promote Kadena’s winning features, updating 

 and showcasing current and upcoming projects.

With hundreds of cryptocurrencies available to invest in today, it can be challenging to determine which options have true staying power and growth potential. However, with all of this blockchain's current and upcoming features and accomplishments, it’s a blockchain to keep an eye on and to invest in.

Kadena is a proof of work blockchain that rises up to accomplish feats where other blockchains fall flat. At the same time, it continues to evolve as its skilled developers make regular advances in its design, technology, availability and promotion.

Kadena (KDA): Building Blockchains With Industrial Scalability

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