Kaspa (KAS) is a layer 1 cryptocurrency that implements the GHOSTDAG protocol, a variant of proof of work (PoW) consensus.
Unlike traditional blockchains, Kaspa allows for the coexistence of multiple blocks in parallel, significantly improving confirmation speed and scalability without compromising security.
🧱 Layer
Layer 1
Kaspa operates as a base layer blockchain, providing a decentralized and scalable infrastructure for fast and secure transactions.
🔑 Key features
High confirmation speed: Thanks to its DAG (Directed Acyclic Graph) architecture, Kaspa achieves block confirmation times of less than one second.
Improved scalability: The GHOSTDAG structure allows for higher transaction throughput without sacrificing decentralization.
Efficient mining: It uses the kHeavyHash algorithm, optimized for more equitable and accessible mining.
Transparency and simplicity: Kaspa focuses on a straightforward and transparent implementation, facilitating the auditing and understanding of the protocol.
🪙 Utilities of the KAS token
Medium of exchange: KAS is used to conduct transactions within the Kaspa network.
Mining rewards: Miners receive KAS as an incentive for validating and adding blocks to the network.
Network participation: KAS allows users to interact with applications and services built on the Kaspa blockchain.
📄 Technical document
Whitepaper: "Kaspa: A Scalable BlockDAG Protocol"
📈 Evolution of KAS price at the end of December
December 2022: $0.00535
December 2023: $0.1116
December 2024: $0.1149
(Current) June 2025: $0.0878
* Kaspa (KAS) presents itself as an innovative solution in the cryptocurrency space, combining the security of PoW consensus with an architecture that allows for high scalability and transaction speed.
Its focus on efficiency and simplicity positions it as an attractive option for users and developers looking for a robust and modern alternative in the blockchain ecosystem *
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