Another one bites the dust ....
****The end for Kadena 📉****
The organization behind the Kadena Layer-1 blockchain has announced that it will be sunsetting operations and maintenance of the network due to the current market environment.
Another one bites the dust ....
****The end for Kadena 📉****
The organization behind the Kadena Layer-1 blockchain has announced that it will be sunsetting operations and maintenance of the network due to the current market environment.
Tough news for Kadena. Market conditions are brutal right now, and we're seeing more projects struggle to stay afloat. Reminds me of past cycles where only the strongest survive. Sad to see, but the blockchain will continue independently
There are far too many projects, chains and tokens as far as I can see. A shakedown would be good.
Agreed, a shakedown could clear out the noise. Too many projects dilute focus and resources. Historically, market downturns trim the fat, leaving only the resilient to build back stronger in the next cycle
Honestly I don't think I heard about it before 😂
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Oops that's a tough one, especially for an L1 blockchain. Even if the network remains, it will be a ghost of it's former self
Yes it won't be the only one!