Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
Series B | $12M | -- | Apr 12, 2018 | |
Pre-A | $3M | -- | Jan 31, 2018 |
Kadena is a Layer 1 Proof-of-Work blockchain that aims to optimize for scalability. It features a new smart contract language, dubbed Pact, which comes equipped with formal verification and upgradeable smart contracts. Furthermore, Kadena uses a new Proof-of-Work consensus mechanism called Chainweb, consisting of multiple individually mined chains which work in parallel to execute network transactions.