Powering Global Financial Systems with Tyler Benster and Dan Wiggins

The DIVI Crypto Podcast

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3+ y ago 30:13

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This episode of the DIVI Crypto Podcast we are talking with Tyler Benster, Technology Adoption Lead, and Dan Wiggins, Head of Gaming at Kadena. The Kadena ecosystem provides the security of Bitcoin, virtually free gas, unparalleled throughput, and smarter contracts. The safer smart contracts are effortless, no matter if this is your first smart contract, or if you have been creating multiple smart contracts. Pact automatically detects bugs, freeing contract writers from exploits on Ethereum and other unsafe platforms. Kadena offers marginal transaction fees for consumers, and have introduced a crypto gas station to allow businesses to eliminate all transaction fees for their customers, removing a huge barrier to mass adoption of dApps. Kadena's energy use stays constant, even as network demand grows. Kadena's architecture makes it the only platform capable of delivering increased energy efficiency as Transactions Per Second (TPS) increases. In order to solve for the security and throughput demands of financial services clients, Kadena uses Proof of Work, which is reliable, secure, and time-tested. Kadena is designed to power global financial systems, with the protocol continually scaling to higher TPS as additional chains are added to the network. Pact can allow for unfragmented liquidity pools supporting special bonuses and cash flows across exchanges, along with Serial and Fractional NFTs on Marmalade, without the need to be locked behind a single marketplace. Ethereum Virtual Machine platforms require even the simplest contracts to include lines of unintelligent copy-pasted code, hampering multi-chain interop. Pact was fashioned for interop, permitting a single PolyFungible NFT ledger to service the entire market. Kadena builders leverage trustless, decentralized, cross-chain transfers. Soon, being secured by KDA bonding, and powered by Kadena’s Chain Relay Bridge, users will be able to have transactions occur seamlessly across Ethereum, Celo, and Terra. Bonders can participate by bonding the full amount on-platform and operating the relay software when launched, or working with delegation services. Bonds are fixed at 50,000 KDA. Initial participants can earn up to 30% APY with a 5 KDA activity fee, with the bond being locked up for 30 days. Afterwards, bonders can receive rewards by renewing the bond for another 30-day period, or by unbonding after a 20-day cooldown period. Pact is governed at the code level, account management level, and setting strategic direction for key community initiatives. The upcoming Kadena DAO will let the community fund new developer initiatives. Site: https://kadena.io/ Medium: https://medium.com/kadena-io Twitter: https://twitter.com/kadena_io YouTube: https://www.youtube.com/kadenablockchain Instagram: https://www.instagram.com/thorofficial/ Telegram: https://t.me/kadena_io Discord: https://discord.com/invite/bsUcWmX LinkedIn: https://www.linkedin.com/company/kadena-llc Reddit: https://www.reddit.com/r/kadena/ GitHub: https://github.com/kadena-io -- DIVI is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the DIVI Project blockchain serves as the core of the DIVI network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the DIVI team is able to create solutions to the industry's biggest problem: adoption by non-technical users. DIVI's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.

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