only time will tell if Kadena is to be trusted ....
It is essentially made by people involved with JPMorgan's Emerging Blockchain, and to add to it, the actual Satoshi Nakamoto may be on its team. Kadena is undermined by other PoS blockchains. Not too many people wish to see PoW blockchains evolve and succeed, especially not those VC backed though SOL had its way and see where it is now, so either Kadena gets to onboard the directionless SOL builders or PoW is optimised (something the Flux team is working on).
From all the blockchains out there. Flux as mentioned above, works and is proving to solve real-world problems. What is ETH solving, what did SOL solve? Kadena is the solution to the 'trilemma', but it is PoW.
Not to take away, there are other good blockchains too. Cardano, Fantom, amongst many others, can do what ETH and SOL can do too, all PoS. Then there are the more niche blockchains like QNT solving institutional problems.
Ignoring tokens which may include games, dapps, etc. I believe there are about 25 real value blockchains, but not all will survive, only that many will be adopted, so it will be around ~10 in the long run.
Why people believe in a meme economy is beyond me.
Personally, I will tell you that 'decentralisation' and 'anonymity' are a scam. Cryptography, no.
All the ETH clones have no purpose other than being created in protest to centralisation, ugh.
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