Cardano Ecosystem





Keninah Takes Donation Blockchain To a New Level Alongside Cardano

The post Keninah Takes Donation Blockchain To a New Level Alongside Cardano appeared on BitcoinEthereumNews.com. – Advertisement – The coin market has seen significant growth since the introduction of the first crypto asset – Bitcoin. The changes in structure,...

Keninah Takes Donation Blockchain To a New Level Alongside Cardano

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The coin market has seen significant growth since the introduction of the first crypto asset – Bitcoin. The changes in structure, however, use cases, and purposes for coin creation have begun to rock the crypto space. As a result, coins like Keninah Concord (KEN) and Cardano have changed specific peaks to crypto through their various purposes. Blockchain has developed deeper roots in the crypto space and has significantly revolutionized crypto outside the centralized-based nature of other financial institutions.

Cardano, tokenized by ADA, was founded in 2017 and named after the 16th-century Italian polymath Gerolamo Cardano. However, this blockchain runs on the proof-of-stake consensus mechanism. The ADA blockchain is also designed to ensure that holders can participate in the network’s operations. The ADA token confers voting rights on its holders.

Cardano is designed as a proof-of-stake (PoS) blockchain with a dual-layer system by the co-founder of Ethereum. ADA is the native token of this blockchain project. In addition, this open-source project aims to redistribute power from unaccountable structures to the margins then on to individuals. The leading network for this coin is the Ethereum blockchain.

One of the goals of the Cardano blockchain is to allow innovators, change makers, and visionaries to provide positive change. The Cardano blockchain aims to combine the best of Bitcoin and Ethereum to solve interoperability, scalability, and sustainability problems. Tokenized by ADA, the Cardano ecosystem’s strength lies in its academic and scientific philosophical foundation.

The native token of the platform – ADA, was given its name by the 19th-century mathematician Ada Lovelace. Ada Lovelace was widely regarded as the world’s first computer programmer. The development of the Cardano ecosystem has been somewhat slow. For instance, the very first Cardano officially launched smart contracts was in September 2021, a few years after the official mainnet launch.

Why Keninah (KEN) And Cardano (ADA)?

Cardano’s team claims that this layer one blockchain already has compelling use cases that work for its technology. Also, these use cases aim to allow the inclusion of decentralized apps and smart contracts to be developed. However, one problem that the Cardano blockchain faces is the adoption issue.

This means that improving and expanding the ADA ecosystem may not be what the Cardano blockchain needs. The expansion cases, however, may effectively function for other aspects of business, but for cryptocurrency, this further magnifies the problem.

Keninah is a blockchain cryptocurrency focused on building a platform that ensures war victims get adequate help in a matter of minutes. Known as Keninah Concord (KEN), it is a community-based token that functions on the Binance Smart Chain. Leveraging Ledger Technology (LT), the Keninah platform seeks to eliminate the surrounding issues of war victims across the globe.

In addition, the Keninah platform is unique due to its bonus and referral features. These features cater to the income needs of its users and investors. For instance, various purchases made on the KEN platform accrue to an investor a percentage of profit. In the Keninah platform, second and third purchases earn an investor 50% and 100% profits, respectively. At the same time, the referral feature accrues both the referrer and referred $30 for the $100 spent by the referred.

Topics such as the donor-recipient relationship and the connection between these two parties relate to transparency and traceability. These topics increase the trust level of donors in the blockchain-based donation protocol, thereby fueling the vision of the Keninah platform. As a result of ensuring that the KEN platform’s services are fully available, the simple user interface makes it unchallenging for users to access using the mobile and web applications. This demonstrates that the Keninah platform is built in a way that helps the donor monitor the project for which they have donated.

The Keninah platform is built on transparency, ensuring you see exactly how your donations are used. As a result, there are no issues as regards mismanaged funds and any other misappropriation.

Keninah Concord (KEN) is an exemplary token that has positively utilized blockchain technology for the benefit of humanity. Rather than simply watch this blockchain platform explode, join in today as an early adopter and reap the benefits.

Check the links for Keninah Concord (KEN) below:

Presale: http://join.keninah.io/

Website: http://keninah.io/

Telegram: https://t.me/KeninahConcordOfficial

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Source: https://thecryptobasic.com/2022/08/09/keninah-takes-donation-blockchain-to-a-new-level-alongside-cardano/?utm_source=rss&utm_medium=rss&utm_campaign=keninah-takes-donation-blockchain-to-a-new-level-alongside-cardano

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