Kadena Ceases Operations, Says Blockchain Will Run After Foundation Shuts

The Kadena Foundation is shutting down due to market challenges and the inability to sustain development. Despite the closure, the blockchain will continue under the care of independent miners and community developers. Over 566 million KDA tokens remain for mining rewards, and 83.7 million are scheduled for unlock in 2029. A small team will manage the transition and release a node binary to ensure uninterrupted network operations.

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