Kaspa cryptocurrency

« Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, which is structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers goal is to increase the number of blocks per second substantially, attracting the development of smart contracts and DeFi. »


« Kaspa is the first blockDAG cryptocurrency (no blockchain). A blockchain is a linear system, where transactions are recorded in blocks, which are ordered by time and sealed. A blockDAG is a directed acyclic graph- a mathematical structure where the vertices represent blocks & edges reference child/parent blocks. This novel implementation of distributed ledgers is the first of its kind – permitting next-generation scalability, high throughput transactional bandwidth, instantaneous confirmations, while remaining decentralized. Please read below for more detailed technical information on blockDAGs. »

Token name : Kaspa (KAS)

Price (12/1/23 11AM) : $0,13

Circulating supply : 21,746,172,127 KAS (75.77% )

Maximum supply : 28,700,000,000 KAS

Exchanges : KuCoin, Gate.io, Bybit, Bitget, Coinone, MEXC, CoinEx

Proof of Work network

White paper : https://eprint.iacr.org/2018/104.pdf

Does Kaspa have the potential to reach $1 in 2024?

Links :
https://kaspa.org/about-kaspa/
https://coinmarketcap.com/currencies/kaspa/