Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world.The world’s first blockDAG – a digital ledger enabling parallel blocks
Kaspa's testnet is gearing up for a game-changing upgrade to 10 BPS this Thursday, March 06, 2025! Lightning-fast transactions and scalability are on the horizon. $KAS is poised to dominate the crypto space. Bullish AF! . $kas #Kaspa
Binance pushed the date they’ll send #Kaspa mining rewards to users funding wallets to March 6. Hours later the suspected Binance wallet (#4) acquired ~43M $KAS from ByBit ($4.6M 💵).
Most cryptos have insiders/CEOs behind them to pay for listings. Kaspa does not. So, exchanges (Binance/Coinbase) have to purchase their own supply prior to listing. 🤝
This incentives them to list in favorable market conditions, to maximize upwards price movement. 📈
Remember, Kaspa is competing to be the global decentralized digital money solution, as the most optimal electronic P2P cash system, the way Satoshi envisioned. 👁️
Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, but rather allows them to coexist and orders them in consensus. Whereby Kaspa is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer.
This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 32/sec, with visions of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the research paper for some initial benchmarks).
The Kaspa implementation includes a lot of cool features and subprotocols including 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.