嘉手纳的代币暴跌：退出后下一步是什么？

Kadena创始团队退出，引发代币崩盘。这就是终结吗，还是社区能让区块链继续活下去？

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?

加密货币粉丝们，请戴好帽子！嘉手纳的传奇故事刚刚发生了疯狂的转变。创始团队以“市场状况”为由宣布退出，KDA 代币在短短 90 分钟内暴跌 60%。哎哟!但 Kadena 的游戏已经结束了吗？或者社区能否创造加密货币奇迹？

The Exit Heard 'Round the Blockchain

区块链上的退出传闻

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，曾经梦想成为“商业区块链”的第 1 层区块链，正面临重大变革。 Kadena 由摩根大通和美国证券交易委员会的区块链重量级人物于 2016 年创立，旨在提供一个可扩展且安全的平台。然而，事实证明，与以太坊和 Solana 等巨头竞争是一项艰巨的任务，现在原来的团队正在退出。

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 代币的旅程就像过山车一样。从 2021 年 11 月接近 40 亿美元的峰值估值到目前的 3090 万美元，嘉手纳显然面临着巨大的阻力。该团队的退出公告只会火上浇油，引发大规模抛售。

Decentralization to the Rescue?

去中心化来拯救？

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.

事情的转折点是：嘉手纳强调区块链本身不会消失。独立验证者将继续处理交易和挖掘区块。 Kadena 计划发布一个新的二进制文件，以确保在没有他们参与的情况下不间断运行，并且他们正在敦促节点运营商进行升级。这是去中心化系统的弹性受到考验的地方。这完全取决于过渡团队将所有工件转移到社区的速度和效率，以及该社区对可持续网络运作所需的所有活动的兴趣程度。

Tokenomics in Transition

转型中的代币经济学

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 代币呢？该团队正在与社区协商分配计划于 2029 年 11 月发布的 8370 万个 KDA 代币。此外，还有 5.66 亿个 KDA 代币指定用于 2139 年之前的挖矿奖励。社区需要一个透明的流程来沟通受益人、归属和运营限制，以缓解可能的不平衡。

Community Governance: The Future of Kadena?

社区治理：嘉手纳的未来？

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.

最大的问题是嘉手纳社区能否挺身而出并掌控局面。他们能否有效地管理升级、维护协议并推动未来的发展？这是一项艰巨的任务，但潜在的回报是巨大的。该团队将组织转型描述为托管的，其中治理团队表示已准备好促进职能转移。

My Two Satoshis

我的两个中本聪

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.

虽然嘉手纳队的退出无疑是一个打击，但也提供了一个机会。如果社区能够团结起来，接受去中心化治理，并培育一个充满活力的生态系统，嘉手纳可能会让我们所有人感到惊讶。这是去中心化弹性的现实实验。这种转变并不容易，但真正由社区主导的区块链的可能性是一个令人兴奋的前景。

Stay Tuned!

敬请关注！

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!

那么，要点是什么？嘉手纳的未来尚不确定，但远未结束。当社区决定下一步做什么时，请密切关注这个领域。 Kadena 会浴火重生，还是会消失在区块链历史中？只有时间会证明一切！与此同时，让我们举杯（当然是非酒精饮料）进入狂野、不可预测的加密世界！