The Big Launch

On November 4th, Kadena flipped the switch on its mainnet, Chainweb, marking a monumental moment for blockchain enthusiasts and potential miners alike. This isn’t just a minor update – the launch means that anyone with the right gear can join the Kadena public blockchain party and start mining coins. Yes, you read that right: the gates to *real* Kadena coins have opened, and they’re waiting for eager miners.

Meet the Founders

Founded in 2016 by former JPMorgan blockchain wizards Stuart Popejoy and Will Martino, Kadena is not your average blockchain. Their brainchild offers a unique parallelized proof-of-work consensus mechanism. Think of it as the fast lane on the blockchain highway: it boosts throughput and scalability while still holding tightly to the features that make Bitcoin so beloved. That’s right—security and integrity are still front and center at Kadena’s block party!

Token Sale Breakdown

Ready to throw your money at Kadena? They’re hosting a $20 million token sale on CoinList, a platform that recently welcomed investments from Twitter CEO Jack Dorsey. The token sale is split into two types:

• Non-accredited investors: Those outside the U.S. can grab Kadena coins for $1 each, but there’s a catch—these tokens will be shackled to CoinList for the first 40 days.
• Accredited investors: If you’re lucky enough to qualify, you can get a sweet deal at $0.50 per token, though be prepared to have your wallet stay under lock and key for a year.

What’s Next for Kadena?

Kadena has been busy since its last funding round, where it raised $15 million in August 2019. They even updated their enterprise blockchain platform available through Microsoft Azure Marketplace. So what does the future hold? With the mainnet live, mining underway, and token sales on the horizon, Kadena is positioning itself to become a key player in the ever-expanding blockchain universe.

The Road Ahead

The token sale runs from November 5 to November 22, so mark your calendars, and don’t dilly-dally if you’re keen to get in on the action. Kadena’s ambitious outlook—paired with its novel technology and seasoned founders—could just make it the next big thing in blockchain. So grab your pickaxes, and let’s mine that digital gold!