moonduck15L1 DOT Polkadot
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS impl...
moonduck15L1 ATOM Cosmos
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS impl...
moonduck15L1 CELO Celo
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS impl...
wagmi Investor Technologist @moonduck15
moonduck15L1 DOT Polkadot
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS impl...
moonduck15L1 ATOM Cosmos
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS impl...
moonduck15L1 CELO Celo
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS impl...
wagmi Investor Technologist @moonduck15
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A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint
I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS implies the coin or token and AXS implies the foundation/DAO/founders as appropriate
Status : DRAFT
Basics
Price Action
Stats and Links
Highlight Pro and Con
Technology
Apps Ecosystem
Funds and Promotions
Readings
Kadena ( $KDA ) was conceptualized and developed by Stuart Popejoy and Will Martino. Stuart Popejoy had worked with JPMorgan’s Emerging Blockchain group, while his co-founder was working as the Tech Lead for the SEC’s Cryptocurrency Steering Committee before the creation of Kadena
Kadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a protocol that delivers security and throughput including Formal Verification, interoperability, scalability, and more. Chainweb that consists of multiple individually mined chains working in parallel to execute network transactions. Chainweb is a Proof-of-Work Parallel-Chain Architecture for high throughput. Marginal Transaction Fees For Consumers, including a Crypto Gas Station that acts as a free faucet
10K tps and Claims up to 450K tps
893% Return from 2021 low to high. 28,853.180USD (Jan 1) - 46,338.51USD (Dec 31) for 60.60% returns in 2021
Community stats 130K+ Twitter 19K+ Telegram Reddit 16K Discord
Links Website Twitter Github Telegram Medium Youtube Explorer
Modular POW chain with innovative merging of 20 sub chain
Formal verification of code
Developer ecosystem for formal verified language like PACT and Chinese documentation
Lack of Apps
Bridge or cross chain approach.
Chainweb – the layer-1 public blockchain that provides limitless scalability in a PoW consensus mechanism utilizing an innovative system of ‘braiding’ between multiple parallel ‘peer’ chains.
Kuro – the layer-2 open-source private blockchain built specifically for eEnterprises providing a speed of 8000 TPS across 500 nodes. Offered as a Blockchain-as-a-Service offering on the AWS Marketplace and Azure Marketplace.
Pact – the native open-source Turing-incomplete smart contract programming language created by the Kadena team like LISP using Haskell for implementation. So recursion and exploits like re-entrancy of the DAO on Ethereum are avoided. PACT supports formal verification approach.
Chainweb combines multiple individually mined parallel chains(shards) working simultaneously into a single network. Each PoW chain mines the same currency and contains references (Merkle root subsets) to their adjacent chains’ previous block, thus peer chains can validate each other’s blocks and liquidity can be transferred between chains.
Consensus
Chainweb braids the chain in a graph inspired approach. Using Diameter-degree graph theory where Number of hops to get to farthest chain is diameter and number of adjacent chains (edges) are degree we can do 10 chains in 3 diameter-2 degree (3,2) and 20 chains in (3 ,3) graph. Kadena switched to 20 chains with (3,3) design in Aug 2020 and estimated 45Ktps. It takes 3 subsequent blocks to produce finality
Simply put, Chainweb is an interconnected bundle of multiple parallel chains called ‘peer chains’ that all simultaneously work together for a single network. Each chain stores header and hash of 3 adjacent edge chains . This braided chain can be used to reach consensus Nakomoto style across the 20 sub chains ( Shards?) .This approach differs from sidechains, as every individual chain has the same capabilities as the main chain. The design of Chainweb begins with the idea of adding Bitcoin's Simple Payment Verification (SPV),the basis for lightweight clients [capability that allows users to verify a transaction without processing the entire blockchain by querying the chain for a Merkle proof] . Unlike Bitcoin, Kadena is account-based, not UTXO based.
Pact smart contracts follow code-as-data and are stored on the blockchain in human readable format and can be updated, altered, or fixed via an update system that allows users to declare new versions of a smart contract that are only applied when the new code has been properly run. Any faults will cause the smart contracts to revert to their original state and prevent any further changes. Kadena support checkpointing the Chain and export for OLAP style data-warehouse and concentrates on Distributed OLTP
Kadena’s mining algorithm is Blake2S, which supports ASIC mining. Miners need ASIC nodes. Initially Kadena gave huge incentive to miners with 15-40K $KDA per miner with 100MH/s . It has dropped now to 0.8 $KDA .Kadena’s effort had a profound effect on miner adoption. The opportunityfor oversized financial gains early on (think of it as a pre-sale for miners)helped bootstrap a miner base. Notably, miners continue to dedicate resources to the network even though the arbitrage opportunity has long since closed.
Addresses can define multisig rules and so a public key is not mapped 1to1 to an address . Address are chain specific so ChainID-Account Is unique. So using SPV Kadena provides proof of burn of a token on sending chain to allow the receiving chain to mint the token. Chainweb assumes header data of all chains will be synced to lite nodes. Chain nodes only need blocks of their chain and full headers of all chains and Archival node will store all blocks of all chains as well as headers
Cross Chain
Kadena has collaborations to use PACT for Cosmos, Polkadot and others. Kadena is also providing an enterprise-grade solution Kuro
Kadena is relatively new and many documents are in Chinese. Google translate has been helpful. We would not find a proper place and have sourced from tweets Kaddex ( $KDX ) is a decentralized multi-protocol AMM DEX with native decentralized bridges that is run by a DAO on the Kadena blockchain.
@thednatech - DNA is a blockchain-based platform that helps brands combat counterfeiting & build trust with their customers
http://Marmalade.art - Complete infrastructure to launch and rich on chain data NFTs. Uses a 3 step NFT transfer with an escrow account and splits royalties
@KadenArtist - First NFT marketplace and DAO Crowdfunding Startup Mechanism with Insurance Protocol.
@ColorblockLabs - Mint and sell your pixel NFTs
@XWalletOfficial - The best web extension wallet for the $KDA by
@KaddeXofficial @hyperhub2space - Multichain Chrome Extension wallet
#Chainweaver - Kadena's official wallet.
@zelcore_io - non-custodial multi-asset-wallet
Funding
The project was founded by former members of the JPMorgan blockchain development team for Juno. Kadena has raised $15 million to date, with the majority of those funds secured in the form of SAFTs (Simple Agreement for Future Tokens). Not included in this total is the $150,000 grant Kadena received from the Interchain Foundation (the development team behind the Cosmos network) to build a version of Pact that is compatible with the Tendermint protocol.
VC include multichain, SV angel ++
Promotions
@KdLaunch - First Decentralized IDO Platform $KDL. @backalleyio - Permission-less launchpad built on Kadena.
@hypercentpad - Verified projects launchpad on Kadena, Participating tokens $HYPE $STRDST $TIME
Chainweb Built on Pact - Doug Beardsley - CTO of Kadena
A cheat sheet to illustrate details on Investors checklist for Blockchains . Data or stats are not authoritative and picked from scans of tweets, discord , telegram reddit etc 2021 Q4 and some references are provided. In case of any misses do let me know and I will update. These notes are more on under-the-hood engineering look. A separate article will cover the business development viewpoint
I use the trading ticker rather then name and for example for Axie Infinity blockchain game $AXS implies the coin or token and AXS implies the foundation/DAO/founders as appropriate
Status : DRAFT
Basics
Price Action
Stats and Links
Highlight Pro and Con
Technology
Apps Ecosystem
Funds and Promotions
Readings
Kadena ( $KDA ) was conceptualized and developed by Stuart Popejoy and Will Martino. Stuart Popejoy had worked with JPMorgan’s Emerging Blockchain group, while his co-founder was working as the Tech Lead for the SEC’s Cryptocurrency Steering Committee before the creation of Kadena
Kadena’s public blockchain is a braided, high-throughput Proof of Work system that runs Chainweb, a protocol that delivers security and throughput including Formal Verification, interoperability, scalability, and more. Chainweb that consists of multiple individually mined chains working in parallel to execute network transactions. Chainweb is a Proof-of-Work Parallel-Chain Architecture for high throughput. Marginal Transaction Fees For Consumers, including a Crypto Gas Station that acts as a free faucet
10K tps and Claims up to 450K tps
893% Return from 2021 low to high. 28,853.180USD (Jan 1) - 46,338.51USD (Dec 31) for 60.60% returns in 2021
Community stats 130K+ Twitter 19K+ Telegram Reddit 16K Discord
Links Website Twitter Github Telegram Medium Youtube Explorer
Modular POW chain with innovative merging of 20 sub chain
Formal verification of code
Developer ecosystem for formal verified language like PACT and Chinese documentation
Lack of Apps
Bridge or cross chain approach.
Chainweb – the layer-1 public blockchain that provides limitless scalability in a PoW consensus mechanism utilizing an innovative system of ‘braiding’ between multiple parallel ‘peer’ chains.
Kuro – the layer-2 open-source private blockchain built specifically for eEnterprises providing a speed of 8000 TPS across 500 nodes. Offered as a Blockchain-as-a-Service offering on the AWS Marketplace and Azure Marketplace.
Pact – the native open-source Turing-incomplete smart contract programming language created by the Kadena team like LISP using Haskell for implementation. So recursion and exploits like re-entrancy of the DAO on Ethereum are avoided. PACT supports formal verification approach.
Chainweb combines multiple individually mined parallel chains(shards) working simultaneously into a single network. Each PoW chain mines the same currency and contains references (Merkle root subsets) to their adjacent chains’ previous block, thus peer chains can validate each other’s blocks and liquidity can be transferred between chains.
Consensus
Chainweb braids the chain in a graph inspired approach. Using Diameter-degree graph theory where Number of hops to get to farthest chain is diameter and number of adjacent chains (edges) are degree we can do 10 chains in 3 diameter-2 degree (3,2) and 20 chains in (3 ,3) graph. Kadena switched to 20 chains with (3,3) design in Aug 2020 and estimated 45Ktps. It takes 3 subsequent blocks to produce finality
Simply put, Chainweb is an interconnected bundle of multiple parallel chains called ‘peer chains’ that all simultaneously work together for a single network. Each chain stores header and hash of 3 adjacent edge chains . This braided chain can be used to reach consensus Nakomoto style across the 20 sub chains ( Shards?) .This approach differs from sidechains, as every individual chain has the same capabilities as the main chain. The design of Chainweb begins with the idea of adding Bitcoin's Simple Payment Verification (SPV),the basis for lightweight clients [capability that allows users to verify a transaction without processing the entire blockchain by querying the chain for a Merkle proof] . Unlike Bitcoin, Kadena is account-based, not UTXO based.
Pact smart contracts follow code-as-data and are stored on the blockchain in human readable format and can be updated, altered, or fixed via an update system that allows users to declare new versions of a smart contract that are only applied when the new code has been properly run. Any faults will cause the smart contracts to revert to their original state and prevent any further changes. Kadena support checkpointing the Chain and export for OLAP style data-warehouse and concentrates on Distributed OLTP
Kadena’s mining algorithm is Blake2S, which supports ASIC mining. Miners need ASIC nodes. Initially Kadena gave huge incentive to miners with 15-40K $KDA per miner with 100MH/s . It has dropped now to 0.8 $KDA .Kadena’s effort had a profound effect on miner adoption. The opportunityfor oversized financial gains early on (think of it as a pre-sale for miners)helped bootstrap a miner base. Notably, miners continue to dedicate resources to the network even though the arbitrage opportunity has long since closed.
Addresses can define multisig rules and so a public key is not mapped 1to1 to an address . Address are chain specific so ChainID-Account Is unique. So using SPV Kadena provides proof of burn of a token on sending chain to allow the receiving chain to mint the token. Chainweb assumes header data of all chains will be synced to lite nodes. Chain nodes only need blocks of their chain and full headers of all chains and Archival node will store all blocks of all chains as well as headers
Cross Chain
Kadena has collaborations to use PACT for Cosmos, Polkadot and others. Kadena is also providing an enterprise-grade solution Kuro
Kadena is relatively new and many documents are in Chinese. Google translate has been helpful. We would not find a proper place and have sourced from tweets Kaddex ( $KDX ) is a decentralized multi-protocol AMM DEX with native decentralized bridges that is run by a DAO on the Kadena blockchain.
@thednatech - DNA is a blockchain-based platform that helps brands combat counterfeiting & build trust with their customers
http://Marmalade.art - Complete infrastructure to launch and rich on chain data NFTs. Uses a 3 step NFT transfer with an escrow account and splits royalties
@KadenArtist - First NFT marketplace and DAO Crowdfunding Startup Mechanism with Insurance Protocol.
@ColorblockLabs - Mint and sell your pixel NFTs
@XWalletOfficial - The best web extension wallet for the $KDA by
@KaddeXofficial @hyperhub2space - Multichain Chrome Extension wallet
#Chainweaver - Kadena's official wallet.
@zelcore_io - non-custodial multi-asset-wallet
Funding
The project was founded by former members of the JPMorgan blockchain development team for Juno. Kadena has raised $15 million to date, with the majority of those funds secured in the form of SAFTs (Simple Agreement for Future Tokens). Not included in this total is the $150,000 grant Kadena received from the Interchain Foundation (the development team behind the Cosmos network) to build a version of Pact that is compatible with the Tendermint protocol.
VC include multichain, SV angel ++
Promotions
@KdLaunch - First Decentralized IDO Platform $KDL. @backalleyio - Permission-less launchpad built on Kadena.
@hypercentpad - Verified projects launchpad on Kadena, Participating tokens $HYPE $STRDST $TIME
Chainweb Built on Pact - Doug Beardsley - CTO of Kadena
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