嘉手納的代幣暴跌：退出後下一步是什麼？

Kadena創始團隊退出，引發代幣崩盤。這就是終結嗎，還是社區能讓區塊鏈繼續活下去？

Hold on to your hats, crypto fans! The Kadena saga just took a wild turn. The founding team is calling it quits, citing "market conditions," and the KDA token took a 60% nosedive in just 90 minutes. Ouch! But is this game over for Kadena, or can the community pull off a crypto miracle?

加密貨幣粉絲們，請戴好帽子！嘉手納的傳奇故事剛剛發生了瘋狂的轉變。創始團隊以“市場狀況”為由宣布退出，KDA 代幣在短短 90 分鐘內暴跌 60%。哎喲!但 Kadena 的遊戲已經結束了嗎？或者社區能否創造加密貨幣奇蹟？

The Exit Heard 'Round the Blockchain

區塊鏈上的退出傳聞

Kadena, the layer 1 blockchain that once dreamed of being the “blockchain for business,” is facing a major shakeup. Founded in 2016 by blockchain heavyweights from JPMorgan and the SEC, Kadena aimed to offer a scalable and secure platform. However, competing with giants like Ethereum and Solana proved to be a Herculean task, and now the original team is stepping away.

Kadena，曾經夢想成為“商業區塊鏈”的第 1 層區塊鏈，正面臨重大變革。 Kadena 由摩根大通和美國證券交易委員會的區塊鏈重量級人物於 2016 年創立，旨在提供一個可擴展且安全的平台。然而，事實證明，與以太坊和 Solana 等巨頭競爭是一項艱鉅的任務，現在原來的團隊正在退出。

KDA's Rocky Road

KDA 的岩石之路

The KDA token's journey has been a rollercoaster. From a peak valuation close to $4 billion in November 2021 to a current $30.9 million, it's clear Kadena has faced significant headwinds. The team's exit announcement only added fuel to the fire, triggering a massive sell-off.

KDA 代幣的旅程就像過山車一樣。從 2021 年 11 月接近 40 億美元的峰值估值到目前的 3090 萬美元，嘉手納顯然面臨著巨大的阻力。該團隊的退出公告只會火上澆油，引發大規模拋售。

Decentralization to the Rescue?

去中心化來拯救？

Here's the twist: Kadena emphasizes that the blockchain itself isn't going anywhere. Independent validators will continue to process transactions and mine blocks. Kadena plans to release a new binary to ensure uninterrupted operation without their involvement, and they're urging node operators to upgrade. This is where the resilience of decentralized systems is put to the test. It all depends on how quickly and efficiently the transitional team transfers all artifacts to the community, and how interested this community will be in all the activities necessary for the sustainable network functioning.

事情的轉折點是：嘉手納強調區塊鏈本身不會消失。獨立驗證者將繼續處理交易和挖掘區塊。 Kadena 計劃發布一個新的二進製文件，以確保在沒有他們參與的情況下不間斷運行，並且他們正在敦促節點運營商進行升級。這是去中心化系統的彈性受到考驗的地方。這完全取決於過渡團隊將所有工件轉移到社區的速度和效率，以及該社區對可持續網絡運作所需的所有活動的興趣程度。

Tokenomics in Transition

轉型中的代幣經濟學

What about those KDA tokens? The team is consulting with the community on distributing the 83.7 million KDA tokens scheduled for release in November 2029. Plus, there are 566 million KDA tokens earmarked for mining rewards until 2139. The community needs a transparent process for communicating beneficiaries, vesting, and operational constraints to mitigate likely imbalances.

那些 KDA 代幣呢？該團隊正在與社區協商分配計劃於 2029 年 11 月發布的 8370 萬個 KDA 代幣。此外，還有 5.66 億個 KDA 代幣指定用於 2139 年之前的挖礦獎勵。社區需要一個透明的流程來溝通受益人、歸屬和運營限制，以緩解可能的不平衡。

Community Governance: The Future of Kadena?

社區治理：嘉手納的未來？

The big question is whether the Kadena community can step up and take the reins. Can they effectively manage upgrades, maintain protocols, and drive future development? It's a tall order, but the potential rewards are significant. The team describes the organizational transition as managed, where the governance team conveys its readiness to facilitate the transfer of functions.

最大的問題是嘉手納社區能否挺身而出並掌控局面。他們能否有效地管理升級、維護協議並推動未來的發展？這是一項艱鉅的任務，但潛在的回報是巨大的。該團隊將組織轉型描述為託管的，其中治理團隊表示已準備好促進職能轉移。

My Two Satoshis

我的兩個中本聰

While the Kadena team's exit is undoubtedly a blow, it also presents an opportunity. If the community can rally, embrace decentralized governance, and foster a vibrant ecosystem, Kadena might just surprise us all. It’s a real-world experiment in decentralized resilience. The transition won't be easy, but the possibility of a truly community-led blockchain is an exciting prospect.

雖然嘉手納隊的退出無疑是一個打擊，但也提供了一個機會。如果社區能夠團結起來，接受去中心化治理，並培育一個充滿活力的生態系統，嘉手納可能會讓我們所有人感到驚訝。這是去中心化彈性的現實實驗。這種轉變並不容易，但真正由社區主導的區塊鏈的可能性是一個令人興奮的前景。

Stay Tuned!

敬請關注！

So, what's the takeaway? Kadena's future is uncertain, but far from over. Keep an eye on this space as the community decides what's next. Will Kadena rise from the ashes, or fade into blockchain history? Only time will tell! In the meantime, let's raise a glass (of non-alcoholic beverage, of course) to the wild, unpredictable world of crypto!

那麼，要點是什麼？嘉手納的未來尚不確定，但遠未結束。當社區決定下一步做什麼時，請密切關注這個領域。 Kadena 會浴火重生，還是會消失在區塊鏈歷史中？只有時間會證明一切！與此同時，讓我們舉杯（當然是非酒精飲料）進入狂野、不可預測的加密世界！