What is the Cardano 'Kachina' protocol?

The Kachina protocol is a privacy-preserving smart contract system being developed for Cardano. It uses zero-knowledge proofs to allow the execution of smart contracts without revealing the contract's state or the data it processes. Kachina aims to enable confidential smart contract applications while maintaining the auditability of the blockchain.

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Key Components of Cardano's Ledger State

Cardano's ledger state includes the UTXO set, tracking unspent funds; transaction history; and stake distribution, determining voting power in the consensus process.

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Kadena's Chainweb architecture

Kadena’s Chainweb uses a braided, parallel-chain design for high throughput and scalability with multiple chains and Bitcoin-level security.

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Kachina Protocol

Privacy-preserving smart contract system for Cardano using zero-knowledge proofs to ensure confidentiality while maintaining auditability.

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K-parameter in Cardano

The K-parameter in Cardano influences the ideal number of stake pools, optimizing stake distribution and promoting decentralization through rewards.

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