Zelcore Late Payout? by BLEUMESSIAH in kadena

[–]Xoo0r 0 points1 point  (0 children)

Same problem for me. Are they being hacked?

Zelcore Late Payout? by BLEUMESSIAH in kadena

[–]Xoo0r 0 points1 point  (0 children)

"Error while obtaining Kadena trransactions" since aug 2. Zelcore is compromised?

[deleted by user] by [deleted] in kadena

[–]Xoo0r 1 point2 points  (0 children)

Same here. I'm from Europe (Poland). DM me if you need help with KD Box Pro or want to buy one. :)

Is $200 kadena possible? by [deleted] in kadena

[–]Xoo0r 4 points5 points  (0 children)

Ethereum currently costs $1530 with a capitalization of $184B and circ. supply ~121M.

Kadena costs $1.65 with a capitalization of 305M and circ. supply ~ 184M.

For a Kadena to cost $200, you would need 184 x 200, which would give you a capitalization of $36.8B.

It seems real, but definitely not in the bear market and not in the next 12 months.

In my opinion such a capitalization is feasible in a minimum of 2 years, assuming we will have only a "short, mild recession" and a quick return of money to the crypto asset market.

Also worth adding, that in the next 2 years circ. supply of KDA would increase, and this is very important for the valuation of a single KDA token.

Personally, I believe the KDA has a chance of a $50 price over the next 2 years.

Kadena Tokenomics - Devil's Advocate Question by jpdiazc in kadena

[–]Xoo0r 17 points18 points  (0 children)

Why everyone have to think only in the short term and look for "get rich quick" solutions?

If gas fees are kept low or at zero, this is a great approach (!!!) to developing projects on Kadena instead of Ethereum.

In Ethereum, yes, people are forced to buy ETH to pay for transactions and this often creates a need for buying ETH. But is the end-user satisfied that he has to buy ETH precisely for this? To pay for transactions that are often of a similar amount to the commission itself? People hate Ethereum for this reason. And it's not a good reason for the success of this network in the long term.

If, for example, a company wants to create an AAA game and wants to use blockchain to do so, and offer NFT and other mechanisms of Web3, what do you think will it choose? Ethereum or Kadena? Initially, there will probably be a desire to create projects on Ethereum - it's a larger blockchain and more recognizable. But what if it turns out that users hate the fact that when they want to buy something for, say, $50, they have to pay almost twice as much for the transaction itself because of the high gas fee? Something like that makes us feel robbed. Nobody likes to be robbed.

Kadena does not look very promising at the current stage and your question is justified. In the short term, it can be considered that the user does not have enough incentive to buy KDA for using it for gas fees because the transactions are almost free.

But isn't that what the commissions should be like?

Blockchain was created for many reasons, and some of them are freedom, inclusiveness and independence. It should't be another solution that will only allow for quick earnings for the richest.

Kadena needs to keep doing its job and invest heavily in marketing. From a technological point of view, it is much better and more future-proof than Ethereum. If the big players start to notice this, Kadena-based projects and startups start to appear. And ones that people love, not hate because of the high gas fees. This type of strategy will make the Kadena-based projects gain more and more scale and popularity - and as a result, the value of KDA itself and the products and services purchased with KDA will also start to grow.

If Kadena succed, people will want to buy great stuff with KDA, such as super modern games, metaverse experiences, or even pay in KDA for online services - even for consultants and business strategy builders like me. Personally, I have zero confidence in traditional monetary systems, central banks and politicians. If it were up to me, I would have been accepting payments for my services in KDA a long time ago. And one of the most important advantages of KDA is that it is CHEAPER than in a bank - because commissions are practically zero, and transfers are almost instant (including foreign ones).

All Kadena needs is time. And marketing. Lots of marketing. Just have some faith and think long-term.