Kaspa innovates blockchain using GhostDAG/PHANTOM, offering fast confirmations, security, and instant block generation. More
| Fully Diluted Valuation | $2.30B |
|---|---|
| 24H Trading Volume | $40.69M |
| 24H Low / High | $0.08 / $ 0.09 |
| Circulating Supply | 26.36 B |
| Total Supply | 26.61 B |
| Max Supply | 28.70 B |
| Categories | Layer 1 (L1) 5 more |
|---|---|
| Founder | DAGLabs |
| Website | kaspa.org Whitepaper |
| Socials | 7 more |
| Explorer | Kaspa 1 more |
| Name | Pair | OG Score |
|---|
Kaspa: Pioneering Next-Generation Blockchain Technology
Kaspa, a blockchain network, stands as a groundbreaking platform that redefines the conventional norms of blockchain technology. Leveraging the GhostDAG/PHANTOM protocol and a structure called blockDAG, it's revolutionizing the landscape with unparalleled features and innovative protocols.
A Leap Forward in Speed and Scalability
At its core, Kaspa is a fast and scalable Layer-1 blockchain, boasting instant transaction confirmations and an impressive capability to generate multiple blocks every second. Unlike traditional blockchains that grapple with slower confirmation times, Kaspa ensures transactions are visible within a second and fully confirmed in a mere 10 seconds on average.
The Unique BlockDAG Architecture
Embracing the concept of blockDAG, Kaspa's architecture ensures the processing of blocks in parallel, fostering an unparalleled speed in generating blocks per second. This structure paves the way for a new paradigm in blockchain technology, allowing for a staggering block rate.
Balancing Speed and Security
Despite its rapid block generation, Kaspa remains steadfast in its commitment to security, a feat accomplished by leveraging proof-of-work mining while maintaining decentralized governance. Its protocol, GhostDAG, reimagines Nakamoto's consensus, enabling high block rates without compromising security.
Vision and Distinct Features
Kaspa's vision extends beyond just speed and scalability; it encompasses a unique monetary policy tied to music's 12-note scale. This innovative approach to emission reduction reflects its commitment to groundbreaking, unconventional,
yet sustainable growth.
Leadership and Innovation
Founded by Yonatan Sompolinsky, Kaspa brings together a diverse team of skilled developers, researchers, and contributors. Their dedication to innovation, evident in the implementation and stabilization of the network, drives Kaspa's evolution towards higher block rates.
Solving the Trilemma
In an industry marked by the security-scalability-decentralization trilemma, Kaspa shines as a beacon of resolution. Its GhostDAG protocol, marrying security with rapid block rates, solves the inherent limitations of traditional blockchains, enabling high throughput without compromising on security or decentralization.
Kaspa's innovative approach, commitment to security, and pioneering technology propel it as a trailblazer in the blockchain sphere. As it continues to expand its capabilities, it's poised to drive the future of decentralized finance and blockchain technology.
Kaspa stands out for its groundbreaking GhostDAG protocol, enabling lightning-fast transaction confirmations within seconds while maintaining robust security through its innovative blockDAG architecture.
Founded by Yonatan Sompolinsky, Kaspa is supported by a diverse team of skilled developers and researchers dedicated to innovation and driving the network's evolution.
Kaspa is a community-driven project, openly sourced without centralized governance or a business model, fostering a collaborative environment without specific external backers or investors.
Kaspa utilizes the GhostDAG protocol, leveraging proof-of-work mining for consensus. This innovative mechanism enables rapid block generation without compromising on network security.
You can buy Kaspa (KAS) on Bitget, Gate.io, Bybit, MEXCKraken cryptocurrency exchanges.
