Advantages and disadvantages of Kadena (KDN)

Kadena is a public blockchain network of smart contracts with a proprietary language called Pact. This network aims at optimizing scalability.

icon kadena

Advantages and Disadvantages of Kadena (KDN)

One of the main features of Kadena is that the network is able to solve the trilemma, scalability, security and decentralization. To do this chain uses the Chainweb, a scalable proof-of-work protocol. For this it makes use of Sharing, a process by which blocks are divided into smaller blocks, allowing them to be processed with greater agility.

In addition, Kadena also includes a unique feature, which is that it makes use of 20 chains intertwined with the main chain, which allows much higher speeds compared to competing networks.

Advantages of Kadena (KDN):

  • It is scalable, since Kadena uses Sharing, which is the transformation of the division of blocks into smaller ones to streamline the operation.
  • It is scalable, since Kadena uses Sharing, which is the transformation of the division of blocks into smaller ones to streamline the operation.
  • High speed, despite the fact that the network uses proof-of-work (PoW) it is capable of performing 480,000 transactions per second when using interlocking chains.
  • Reduced energy consumption, the energy cost of a transaction is 0.001 Kw/h, a rather small amount when compared to Bitcoin or Ethereum.
  • Very cheap transaction costs, the Kadena network has a lower fee (transaction fee) so far, $0.0000000053.
  • Incorporates smart contracts,(although still in development at the time of writing),

Disadvantages of Kadena (KDN):

  • It is not decentralized, although they aim to make this happen in the near future.
  • It still has an inflationary model, since coins are issued periodically every year.