Keninah takes donation blockchain to a new level together with Cardano
The coin market has seen significant growth since the introduction of the first crypto-asset – Bitcoin. However, the changes in structure, use cases and purpose of coin creation have started to shake up the crypto space. As a result, coins like Keninah Concord (KEN) and Cardano have changed specific peaks to crypto through their different purposes. Blockchain has developed deeper roots in the crypto space and has significantly revolutionized crypto beyond the centralized nature of other financial institutions.
Cardano, tokenized by ADA, was founded in 2017 and named after the 16th century Italian polymath Gerolamo Cardano. However, this blockchain runs on the proof-of-stake consensus mechanism. The ADA blockchain is also designed to ensure that holders can participate in the network’s operations. The ADA token gives voting rights to its holders.
Cardano is designed as a proof-of-stake (PoS) blockchain with a two-tier system by the co-founder of Ethereum. ADA is the original token of this blockchain project. In addition, this open source project aims to redistribute power from unaccountable structures to the margins and then on to individuals. The leading network for this coin is the Ethereum blockchain.
One of the goals of the Cardano blockchain is to allow innovators, changemakers and visionaries to bring about positive change. The Cardano blockchain aims to combine the best of Bitcoin and Ethereum to solve problems of interoperability, scalability and sustainability. Tokenized by ADA, the strength of the Cardano ecosystem lies in its academic and scientific philosophical foundations.
The original symbol of the platform – ADA – was given its name by the 19th century mathematician Ada Lovelace. Ada Lovelace was considered the world’s first computer programmer. The development of the Cardano ecosystem has been somewhat slow. For example, the very first Cardano officially launched smart contracts were in September 2021, a few years after the official mainnet launch.
Why Keninah (KEN) and Cardano (ADA)?
Cardano’s team claims that this layer one blockchain already has compelling use cases that work for the technology. These use cases also aim to allow the inclusion of decentralized apps and smart contracts. However, one problem that the Cardano blockchain faces is the adoption problem.
This means that improving and expanding the ADA ecosystem may not be what the Cardano blockchain needs. However, the expansion cases can work effectively for other aspects of the business, but for cryptocurrency this magnifies the problem even further.
Keninah is a blockchain cryptocurrency focused on building a platform that ensures war victims receive adequate assistance within minutes. Known as Keninah Concord (KEN), it is a community-based token that operates on the Binance Smart Chain. By leveraging Ledger Technology (LT), the Keninah platform seeks to eliminate the surrounding issues of war casualties worldwide.
In addition, the Keninah platform is unique because of its bonus and referral features. These features cater to the income needs of the users and investors. For example, various purchases made on the KEN platform accrue to an investor a percentage of the profit. In the Keninah platform, the second and third purchases give an investor 50% and 100% profit respectively. At the same time, the referral feature charges both the referrer and the referrer $30 for every $100 spent by the referrer.
Themes such as the donor-recipient relationship and the connection between these two parties are linked to transparency and traceability. These themes increase the level of trust of donors in the blockchain-based donation protocol, thus furthering the vision of the Keninah platform. As a result of ensuring that the KEN platform services are fully accessible, the simple user interface makes it unchallenging for users to access using the mobile and web applications. This shows that the Keninah platform is built in a way that helps the donor monitor the project they have donated to.
The Keninah platform is built on transparency, ensuring you see exactly how your donations are being used. As a result, there are no problems with mismanaged funds and other embezzlement.
Keninah Concord (KEN) is an exemplary token that has positively leveraged blockchain technology for the benefit of humanity. Instead of just watching this blockchain platform explode, join today as an early adopter and reap the benefits.
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