$KDA KDA Coin, fully known as Kadena Coin, is the native token on the Kadena blockchain platform. Here are some key information about KDA Coin:

• Total Supply: The total supply of KDA Coin is fixed at 1 billion tokens.

• Distribution Method: 70% of KDA Coin is obtained through mining, and it is expected to be fully mined and released within approximately one hundred years.

• Technical Background: Kadena is a company focused on building scalable and secure blockchain solutions, and they developed the ScalableBFT (SBFT) protocol, which is a consensus algorithm with high throughput and low latency.

• Blockchain Features: The Kadena blockchain uses a method called "braiding," where multiple blockchains operate together to enhance scalability and security.

• Smart Contract Language: The Kadena blockchain uses a smart contract language called Pact, which is a human-readable language that is easy to use and includes built-in error detection.

• Market Performance: According to CoinPaprika data, KDA Coin ranks 257 in market capitalization, with a circulating supply of 296,655,456 KDA and a total supply of 1,000,000,000 KDA.

• Use Cases: KDA Coin is used to pay transaction fees on the Kadena blockchain, and miners can earn KDA in the form of block rewards and transaction fees by helping to secure the Kadena blockchain.

• Circulating Supply: The circulating supply of KDA Coin depends on the number of KDA Coins available publicly, with currently 171 million KDA in circulation.

• Security: The braided design of the Kadena network enhances its security compared to systems composed solely of a single blockchain.