Kadena - The only layer 1 PoW blockchain that scales.Kadena 2023 Q1 NewsletterDecentralized finance (DeFi) emerged as a standout application of blockchain technology in late 2017 and broke into the mainstream in 2020. Decentralized finance represents a vision of a financial system that operates without intermediaries such as banks and other third-party entities. It instead relies on the power of smart contracts to facilitate transactions.
