Kadena introduced a hybrid blockchain for connecting private and public networks

Kadena introduced a hybrid blockchain for connecting private and public networks

Am Sure you can learn successful Blogging secrets through me, am also sure you can learn how to make money online with the help of my updates why not leave your email behind let me show you how.

Brooklyn blockchain startup Kadena has announced the launch of the hybrid blockchain platform of the same name with the ability to interact smart contracts between private and public networks. It is reported by CoinDesk.

Network compatibility is implemented through the Pact smart contract engine. Another element of the platform was the private blockchain Kadena Kuro, launched in January 2019 based on the Amazon Web Services infrastructure.

According to the developers, Kadena solves the basic scalability problems of the Proof-of-Work algorithm, while at the same time allowing the network to be maintained in a decentralized state.

“Kadena customers will be able to implement projects and applications based on the public blockchain, while taking advantage of privacy when solving regulatory and other problems,” the startup said in a statement.

In March, Kadena planned to integrate its Chainweaver wallet into the Cosmos network to expand the interaction between various blockchains, and in the second quarter of 2020, the startup plans to add support for an additional 100 chains.

The developers added that interest in using Kadena has already been expressed by representatives of the financial and healthcare sectors.

Recall that the launch of the main network of the Kadena PoW blockchain took place in November 2019. Then the company announced the attraction of $ 20 million during the token sale.

Kadena introduced a hybrid blockchain for connecting private and public networks

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *