Kadena makes its play for Ethereum’s devs
2025-07-04 05:40:34
Main Idea
Kadena is leveraging its parallel-chain scaling, low fees, and a $50 million grant program to attract Solidity developers and RWA token issuers, positioning itself as a competitive alternative to Ethereum.
Key Points
1. Kadena's Chainweb EVM runs on a braided proof-of-work architecture, offering seamless EVM compatibility and horizontal scaling without fragmentation.
2. The network initially runs five parallel EVM chains on testnet with sub-cent transaction fees, aiming to increase throughput linearly with added chains.
3. Kadena is pitching its proof-of-work roots as a security feature, eliminating the need for sequencers and promoting decentralization.
4. A $50 million grant program is being offered, with half allocated for Solidity-based dapps and AI integrations, and the other half for RWA tokenization.
5. Kadena faces challenges in onboarding Solidity developers due to UX complexity across multiple chains and slower block times compared to Ethereum L2s.
Description
The proof-of-work L1 is betting on parallel-chain scaling, low fees, and a $50 million grant program to lure Solidity developers and tokenized RWA issuers
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