Blockcast are in Miami all week for Art Bazl and DCENTRAL this week. The city is on fire and possibly one of the greatest places to be in the world during such turbulent times. One of the biggest questions in crypto still centers around which protocol to back for your projects and here at BLOCKCAST we are firmly behind KADENA (KDA) What is Kadena? Kadena is a blockchain which optimizes scalability and features a smart contract language called Pact. Pact is readable by non-developers and automatically detects bugs. What separates Kadena from some of the other mainstream blockchains is that it's addressing some of the issues concerning the industry. Most protocols have now shifted to proof-of-stake, but Kadena, a scalable layer-one blockchain protocol, is still operating on the old PoW model. According to the project, the network is capable of processing up to 480,000 transactions per second thanks to the use of “braided chains.” Why should we take it seriously? Bitcoin is considered the most secure network but it doesn't have smart contracts or high throughput. A smart contract is a self-executing contract with the terms of the agreement between the buyer and seller are being directly written into the lines of code. Now, Ethereum has smart contracts but is not gasless. That means they have a balance and they can send transactions over the network, but they are not controlled by a user, instead they are deployed to the network and run as programmed. Kadena is addressing all of that through its contract language, Pact. Kadena's founders are leaders in the blockchain and cryptocurrency with experience. Stuart Popejoy led JPMorgan's Emerging Blockchain group. Will Martino was the Tech Lead with the Securities and Exchange Commission (SEC) Cryptocurrency Steering Committee. Together, they built JPMorgan's first blockchain, now known as the JPM Coin. In 2016, they launched Kadena. The road ahead: KDA recently launched a wrapped version of its token called wKDA, which operates on the Ethereum network and allows it to interact with all Ethereum Virtual Machine-compatible decentralized finance (DeFi) protocols. Kadena also tweeted in October that it's expanding into the NFT (non-fungible token) market. These two announCements contRibuted to a parabolic rise in (KDA) OF 500% in 3 months. Conclusion and verdict: All things considered taking into consideration timing, technology team and positioning, KDA's market cap of just around $2B seems incredibly under priced when comparing to projects such as ADA. We would expect to see many developers utlilize the project going forward and this is why KDA remains our most exciting pick for the next 5 years.