This question, is Kadena going to Coinbase, is one that has been on the minds of many in the cryptocurrency community. While there is no clear answer, there are some clues that may point to an answer.
Kadena is a relative newcomer to the cryptocurrency world, having only launched their mainnet in September of 2019. However, in that short time, they have managed to make a name for themselves.
Kadena is a proof-of-stake blockchain platform that touts itself as being scalable, secure, and interoperable. In addition to their own native currency, KDA, Kadena also supports the Ethereum Virtual Machine (EVM), making it easy for developers to build on their platform.
One of the things that makes Kadena stand out is their partnership with Chainlink. Chainlink is a decentralized oracle network that provides data to smart contracts.
This partnership allows for the use of real-world data in smart contracts on the Kadena platform. This is a major selling point for Kadena, as it opens up a whole new world of possibilities for what can be done on their platform.
Another selling point for Kadena is their scalability. They have developed their own consensus mechanism, called Pact, which is designed to be more scalable than existing mechanisms like Proof-of-Work and Proof-of-Stake.
In addition, they have created a system called “sharding” which further increases scalability by breaking up the network into smaller pieces that can be processed in parallel. This makes Kadena one of the most scalable blockchain platforms currently available.
So why would Coinbase be interested in listing Kadena? There are a few possible reasons. First, as mentioned above, Kadena’s partnership with Chainlink could be appealing to Coinbase. The ability to use real-world data in smart contracts could make Coinbase’s products more appealing to users. Second, Coinbase has been looking to list more coins and tokens that are focused on enterprise use cases.
Kadena fits this bill perfectly as they are Targeting enterprise customers with their blockchain platform. Finally, Coinbase has been looking to list more coins and tokens that offer scalability solutions. As Kadena is one of the most scalable blockchain platforms available, they could be an attractive option for Coinbase.
All signs point to Coinbase listing Kadena in the near future. Their partnership with Chainlink could be appealing to Coinbase and their focus on enterprise use cases fits perfectly with Coinbase’s recent push to list more coins and tokens focused on enterprises. In addition, their scalability solutions make them an attractive option for Coinbase as they look to list more coins and tokens that offer such solutions.