Kadena Shuts Down, Chain Stays Online as Miners and Community Take Over

Kadena, a proof-of-work blockchain once pitched as a scalable alternative, announced that it shut down corporate operations immediately. What happened In a statement on X, the organization said ongoing market conditions made continuation impossible. The team notified employees and confirmed that active maintenance by the company ends as the network transitions to full community control. […] Read The Full Article Kadena Shuts Down, Chain Stays Online as Miners and Community Take Over On Coin Edition.