Proof-of-work is a feature, not a flaw By Cointelegraph
![Kadena CEO Stuart Popejoy on blockchain design: Proof-of-work is a feature, not a flaw](https://r2s.yawm.online/wp-content/uploads/2022/12/LYNXNPEC660AC_L.jpg)
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![Kadena CEO Stuart Popejoy on blockchain design: Proof-of-work is a feature, not a flaw](https://i-invdn-com.investing.com/news/LYNXNPEC660AC_L.jpg)
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.
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