Alephium Vs Kaspa Vs Kadena – Origins, Evolution, and Unique Features

1. Alephium

• Origin & Development

Alephium was created in an effort to conquer these obstacles. Alephium, a blockchain designed by the collaboration of technologically advanced technologists, was intended to be more secure and scalable. The group was driven by the idea that partitioning might be essential to reaching these objectives. Alephium aimed to offer a more reliable and effective blockchain solution by utilizing sharding.

A group of seasoned blockchain experts and developers formed Alephium. Among them, Cheng Wang sticks out as a crucial player who contributes his extensive understanding of encryption and distributed systems to the project. Experts with expertise in computer science, engineering, and blockchain technology comprise the core team; they are all driven by the same goal of revolutionizing the blockchain industry.

The most noteworthy innovation of Alephium is how it uses sharding technology. (a technique that creates smaller, easier-to-manage pieces of the blockchain called shards). The network’s scalability is greatly increased by this design, enabling it to process more transactions without sacrificing efficiency or speed.

Alephium’s distinct partitioning method guarantees the security and stability of every division, offering a reliable and expandable blockchain solution. Alephium employs additional scalability techniques in addition to partitioning to enhance performance. The network makes use of a brand-new PoLW consensus algorithm.

By lowering the processing power needed for mining, this mechanism improves the energy and environmental efficiency of the grid. Alephium sets new standards for scalable blockchain networks by achieving high speed and low delays through the combination of sharding and PoLW.

Unique Features of Alephium

• Alephium was designed by keeping the security in mind. The network makes use of blockchain responsiveness and advanced consensus to guarantee that your data is safe and unchangeable.
• Programmers that use Alephium can utilize the RALPH language. The most recent DeFi functions are supported by this expressive language. Because of its additional time-saving capabilities, many developers favour it as a secure alternative to EVM-based alternatives.
• Alephium is a fourth-generation blockchain with exceptional performance. With the ability to handle more than 10,000 transactions per second, the network can grow over time to accommodate the demands of additional users.
• The scalability makes smart contracts easier to construct by allowing programmers to design increasingly intricate and sophisticated protocols.

2. Kaspa

Origin & Development

The innovative blockchain project Kaspa makes use of the Directed Acyclic Grzah (blockDAG) technology. Multiple blocks can be processed at once using Kaspa’s blockDAG framework, in contrast to standard blockchains that follow a straight line of blocks. This invention makes Kaspa a desirable choice for a variety of blockchain applications because it not only increases transaction speed but also greatly improves scalability.

DAGLabs, a research and development business, first created Kaspa with funding assistance from PolyChain. But Kaspa is now a communal effort without a central business plan or governance. Yonatan Sompolinsky, a member of the MEV Research Team and a postdoc in computer science at Harvard University, is the founder of Kaspa. Given that the Ethereum White Paper cites Yonatan’s 2013 paper on the Ghost protocol, his contribution to the realm of blockchain is noteworthy.

With its fast block rates and blockDAG architecture, Kaspa aims to decentralize KAS mining and enable efficient solo mining even at lower hash rates. November 2021 saw the fair launch of Kaspa, which did not have any pre-mine, pre-sale, or coin allocations. There is a 28.7 billion coin maximum supply for Kaspa tokens. The tokens are emitted on a monthly basis with a halving pattern that occurs once a year.

Taking inspiration from the works of Satoshi Nakamoto, the initiative aims to maintain essential components of the Bitcoin (BTC) consensus. Among these is the PoW mining technique.

In contrast to conventional blockchains, Kaspa utilizes the GHOSTDAG protocol, enabling parallel blocks to coexist and arrange themselves in a consensus-based manner. This method, called a blockDAG, keeps block speeds high while guaranteeing secure operation. Kaspa aims to operate at even greater rates of 10 or even 100 blocks per second, although for now it is only doing one block per second.

In 2018, Yonatan Sompolinsky, a professor at the Hebrew University of Jerusalem, and Aviv Zohar, a specialist in cryptography, came up with the idea for Kaspa. A group of scholars from Tel Aviv University and Hebrew University originally devised the initiative. The shortcomings of current blockchains, such as their high centralization, low scalability, and inadequate security, drew the attention of the Kaspa team.

They made the decision to develop a platform that would apply innovative technologies and creative thinking to address these issues. Kaspa underwent several years of research and development before being released in May 2021.

The platform’s distinctive features and creative strategy helped it become well-known very soon. By organizing conferences and events, establishing grants, and providing instruction, the Kaspa team concentrated on creating a vibrant and involved community.

Unique Features of Kaspa

• Kaspa ensures faster and smooth transactions due to its ability to generate multiple blocks in less than a second. The faster transactions are fostered by Kaspa’s BlockDAG network.
• Kaspa is employed with the KheavyHash algorithm which is a core reason for Kaspa utilizing less power, making it highly energy efficient.
• The GhostDAG consensus protocol ensures high security of the operations and transactions, without compromising the decentralization.
• Kaspa’s scalability is one feature that comes without making any sacrifices due to its ability to validate multiple blocks per second.

3. Kadena

Origin & Development

Kadena’s history begins in 2016. Stuart Popejoy and William Martino, the two founders of Kadena, left J.P. Morgan in that same year. Before that, they were collaborating on the financial titan’s blockchain technology initiative called “JPM Coin.”

Their work on that project served as a precursor to Kadena as it exists today. Stuart Haber, a cryptographer whose work was referenced in the Bitcoin whitepaper, contributed to the research. Specifically, he participated in the first Kadena blockchain audit and offered advice on Pact’s formation. The group worked on a private blockchain prior to releasing Kadena to the general public. It was first referred to as ScalableBFT, but Kadena, Kuro changed the name to a Layer-2.

In addition, Kadena developed a private blockchain before launching its open-source smart contract platform. The private blockchain, known as Kadena Kuro (formerly ScalableBFT), is designed for enterprise-grade applications and employs a Byzantine Fault Tolerant (BFT) consensus method.

A healthcare team has been using Kadena Kuro since 2018 in an effort to lessen the work involved in gathering and maintaining insurance provider data. For quicker transaction times and open up fresh audiences for data, this private blockchain can be utilized as a side-chain alongside a public blockchain network, like Kadena’s public platform. This is known as Chainweb, where two blockchains are braided together that increase scalability and safety.

The goal of Kadena is to create a public blockchain that is developer-friendly, scalable, and offers security comparable to that of Bitcoin. Kadena has a new consensus technique, a proof-of-work model called Chainweb, and a new smart contract language called Pact to enable this ambition. Its goal is to maximize the number of transactions and developer adoption at the base layer while avoiding the need for scalability or efficiency improvements at the second layer.

It is meant to be more developer-friendly to provide a complete toolkit on a single platform, while second layer solutions may interfere with application development. Based on internal testing, the team further asserts that Kadena has no upper bound on the quantity of transactions it can process in a second. Additionally, Pact smart contracts can be updated whenever they’re needed without a hard fork.

Unique Features of Kadena

• Kadena’s Chainweb structure is its greatest feature which is a network of 20 interconnected chains. Due to its chainweb architecture, it offers low congestion and lower transaction rates.
• It has Kuro (Layer-2 solution) that is designed for the use in commercial purpose, bringing the smart contracts and enhanced privacy features to the chain.
• It has a pact smart contract language that is robust, user-friendly, as well as purpose-built for the smart contract on KDA blockchain.
• Kadena is highly secure as it utilizes a combination of Proof-of-Work(PoW) and interchain protocol to enhance security features. This combination is so powerful that it protects the entire mining community against potential threats.

Difference between Alephium Vs Kaspa Vs Kadena