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Kaspa (KAS)
Rating4.3- Coin: Kaspa (KAS)
- Launch Date: 2022-06-01
- Address:
- Platform:
- Website: www.kaspa.org, www.kasmedia.com
- Explorers: explorer.kaspa.org, kas.fyi, kgi.kaspad.net
- Tags: Mineable, DAG, PoW, Store Of Value, Polychain Capital Portfolio, Layer 1
- Reddit: kaspa
- Facebook: KaspaCurrency
- Twitter: KaspaCurrency
- Ranking: 227
- Rating: 4.3
- # 30
- Kaspa (KAS)
- Current Price: $0.12
- Market Capitalization: $2,988,141,719.00
- 24h Trading Volume: $105,708,297.00
Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.
The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.