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Kava(KAVA)

Kava is a decentralized blockchain platform that provides DeFi services to its users. It was developed to provide a secure, fast, and reliable way for businesses and individuals to interact and transact with each other. Kava is a fully decentralized platform that uses a Proof-of-Stake consensus mechanism to ensure the security of the network. The network is secured by a set of validators who are responsible for validating transactions and producing new blocks.

Kava is built on a Byzantine Fault-Tolerant (BFT) consensus algorithm, which is designed to be robust and secure against malicious actors. This consensus mechanism is designed to ensure that the network is highly secure and resistant to attacks. The Kava protocol also uses a set of smart contracts to facilitate transactions and interactions between users.

Kava’s main feature is its cross-chain interoperability. Kava supports a wide variety of digital assets, including Bitcoin, Ethereum, and other blockchains, allowing users to transact with each other without having to rely on a single platform. This allows users to move their funds and assets between blockchains quickly and securely.

Founder: Brian Kerr, Ruaridh O'Donnell, and Scott Stuart

Protocol
Layer

Layer 1

Programming
Language

Rust

Consensus
Mechanism

Tendermint Core engine of Cosmos

Current
Price

$1.197

Market
Cap

$667,249,255.356

Circulating
Supply

557,529,312 KAVA

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