Proof-of-work is a feature, not a flaw By Cointelegraph

When taking its blockchain public, “there was an adjustment period where we had to learn to love crypto,” Kadena founder and CEO Stuart Popejoy said. The admission sounded more like a technical adjustment than a surge of emotion on his lips, but he added, “The people who participate in your ecosystem really are your network and that is obviously not a very enterprise-y thing, that’s very grassroots.”

The merits of private blockchains remain a matter of debate, but Kadena transitioned from a private JPMorgan (NYSE:) blockchain in 2016 to a public spinoff in 2020, taking Popejoy, formerly a JPMorgan executive, with it.