0.000089 BTC
$407.829M
$9.19
$22.375M
222.129M
5.00%
227.097M
$416.899M
0.46%
2.02%
2.07%
0%
0%
0%
2.02 %
The Kava Network is a Layer-1 blockchain that combine the speed and scalability of the Cosmos SDK with the developer support of Ethereum.
The Kava Network will empower developers to build for next-gen blockchain technologies through its unique co-chain architecture.
Specifically, the Kava Network enables:
The KAVA token is integral to the security, governance, and mechanical functions of the platform. There are four main use cases for the KAVA token:
The most important feature of the Kava Network is its co-chain architecture, enabling developers to build and deploy their projects using either the EVM or Cosmos SDK execution environments with seamless interoperability between the two. The following diagram shows how the system will function once the Kava 10 upgrade is complete and the Kava Network mainnet goes live.
More information about Kava 10 (Kava Network 1.0) can be found here.
The co-chains of the Kava Network operate like the two hemispheres of a brain. The Cosmos Co-Chain is optimized for Cosmos ecosystem developers. The Ethereum Co-Chain is optimized for Ethereum ecosystem developers. The Translator Module connects the two distinct execution environments of the Co-Chains, allowing them to work seamlessly together at scale. This packages the industry's two most used execution environments within a single network. Ethereum meets Cosmos via the Kava Network's robust, developer-optimized Layer-1 architecture.
The Ethereum Co-Chain - An EVM-compatible execution environment that empowers Solidity developers and their dApps to benefit from the scalability and security of the Kava Network.
The Cosmos Co-Chain - The Cosmos co-chain is a highly-scalable and secure Cosmos SDK blockchain that connects Kava to the 35+ chains and $60B+ of the Cosmos ecosystem via the IBC protocol.
Kava is built using Cosmos-SDK, an open-source framework for building public Proof-of-Stake blockchains. Core features of Cosmos-SDK include:
The following table shows the performance benchmarks of Tendermint Core.
The Kava Network features an innovative approach to developer incentivization. Through an open and transparent mechanism, a portion of KAVA emissions are directly awarded to protocols to incentivize usage and drive growth for the Kava ecosystem.
Following the Kava 10 upgrade and Kava Network mainnet launch, the incentive module will distribute KAVA emissions between both chains, with the top 100 protocols on the Ethereum Co-Chain sharing a pro-rata distribution of incentives based on usage metrics and TVL.
The Kava DAO is a fully decentralized autonomous organization (DAO) that governs the Kava Network. Made up of the Kava stakers and validators that help to secure and run the network, the DAO operates on a liquid democracy model and determines how the network functions, what changes should be made to it, and most importantly - how the unique on-chain developer incentives are distributed between the two chains.
As a truly decentralized organization, the Kava DAO has no headquarters, no directive, and no leadership. Contributors to the security and stability of the Kava Network are also tasked with providing direction. The DAO self-governs maintains its standards in line with the expectations of the Kava community. This ensures that the Kava Network always serves users' interests and the people who build on it.
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We found 3 people related to kava-kava, include Scott Stuart
We found 1 organizations related to Kava has Kava Labs
Kava.io is a decentralized platform that offers a wide portfolio of financial services specifically designed for cryptocurrencies. Whereas credit, loans, and interest bearingproducts are the norm at any bank today, these products and financial services have not been made available for crypto assets. Kava’s platform fills this gap providing products like money markets for digital assets, access to loans, stablecoins, and offers a range of other high yielding accounts that enable users to put their assets to work and generate yields. Kava does all this as a decentralized platform that disintermediates middlemen and their fees through autonomous software that is run in the cloud where anyone anywhere in the world can access it.
Funding Rounds:
4
Total Funding Amount:
$ 1.2M
Individuals Investors:
0
Organizations Investors:
10
Kava Labs has raised a total of $1.2M in funding over 4 rounds. Their latest funding was raised on July 29, 2019 from a Venture Round - Kava Labs round.
Organizations
KAVA Price
$1.84
Trading Volume
$22.37 M
All Time High
$9.19
1hour Change
0.46%
24hours Change
2.02%
24hours Range
1.92%
24hours Low
$3.75
24hours High
$4.02
Liquidity ±2%
$0.00
Bids -2%
$0.00
Asks +2%
$0.00
Market Cap
$407.83 M
Fully Diluted Market Cap
416.90 M
Circulating Supply
222.13 M
Total Supply
227.10 M
Max Supply
0.00
But our scientists are working like crazy to get it.