Kava (KAVA)

Rank #311

Market snapshot

Price
$0.068605
Market cap
$74.3M
24h volume
$7.4M
Circulating supply
1,082,846,915
Total supply
1,082,846,915
Max supply
N/A

What is Kava?

Kava is a decentralized blockchain that integrates the speed and interoperability of the Cosmos network with the developer capabilities of Ethereum. It aims to provide a platform for developers to create applications that leverage the strengths of both ecosystems.

How Kava works

Kava operates as a highly-scalable blockchain utilizing the Cosmos SDK, which connects it to over 30 chains in the Cosmos ecosystem through the Inter-Blockchain Communication (IBC) protocol. This architecture allows for efficient communication and data transfer between different blockchains, enhancing the overall functionality of the Kava network.

Key information

Symbol
KAVA
CMC rank
#311
Network / platforms

Kava, BNB Chain, Ethereum, Osmosis

Categories
N/A
Date added
Oct 25, 2019

Token contracts on other networks

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB Chain

    0x9BAFC8d4b487cEBff201721702507a3E2C67ad79
  • Ethereum

    0x0C356B7fD36a5357E5A017EF11887ba100C9AB76
  • Osmosis

    ibc/57AA1A70A4BC9769C525EBF6386F7A21536E04A79D62E1981EFCEF9428EBB205

Key characteristics

Kava features a JavaScript SDK that enables browsers and Node.js clients to interact with its blockchain. It provides client software for running auction bots, sentinel bots, and oracles on the Kava blockchain. Additionally, Kava offers a sandbox environment for developers to test their applications.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Kava?
Kava is a decentralized blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.
How does Kava operate?
Kava operates as a highly-scalable blockchain utilizing the Cosmos SDK, connecting it to over 30 chains in the Cosmos ecosystem via the IBC protocol.
What are the technical features of Kava?
Kava features a JavaScript SDK for browser and Node.js interaction, along with client software for running auction bots, sentinel bots, and oracles.
What are the risks associated with transferring Kava?
Digital asset prices can be volatile. Users should verify asset and network before transferring assets, and self-custody requires secure handling of private keys.
How can I verify the acquisition of Kava?
Verify the asset name, network, and destination details before transferring. Ensure the destination address and network are correct.
Where can I find official resources for Kava?
Official resources for Kava can be found on their website at https://www.kava.io/.

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