KASPA
Beyond the Block
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 and instant transaction confirmation, built on a robust proof-of-work engine with rapid
single-second block intervals.
Built by industry pioneers, led by the people.
Kaspa at a glance
Welcome to the Fastest Coin in the world. Kaspa is a community project, completely open source, with no central governance. Think Bitcoin, Litecoin, Monero, Grin, Kaspa. The coin was fair-launched without pre-mining or any other pre-allocation of coins.
Read all the in-depth details on Kaspa Features page.
Fair Launch Date
November 7, 2021
(no premine, no allocated coins)
Hashing Algorithm
Consensus
Proof of Work, BlockDAG
Supported platforms
OS – Windows, OSX, Linux, Raspberry Pi
TICKER
KAS
Block time
1 second
Circulating Supply
12.81B KAS
MAX SUPPLY
~28.7B
Market Cap
$55.0M
TECHNICALLY SPEAKING
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 our blockchain 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.
KASPA White Paper-COMING SOON!
KASPA KEY Features
Although there are many great features of the project and technology, here are our top 6 to get you started on your journey into the fastest PoW on the planet!
Fastest Transactions
Kaspa’s blockDAG network generates multiple blocks every second for posting transactions to the ledger. Combined with 10 second confirmation times makes Kaspa ideal for everyday transactions.
Instant Confirmation
Scalability
Efficient Proof-of-Work
Kaspa utilizes the optical-mining-ready kHeavyHash algorithm for consensus and security of the network. This algorithm, combined with high-throughput DAG and no-wasted-blocks, makes it less energy intensive than other PoW networks.
Security
BlockDAG
Overcoming the problem of blockchains, Kaspa processes all blocks in parallel linking all side-chains. This leads to a dag structure that increases the formation of blocks per second drastically, creating a blockDAG.
Get the Latest WALLETS
Kaspa Web Wallet is the most user-friendly and secure wallet available on the market today. The simple and easy-to-use interface makes it easy for you to send and receive payments.
KDX process manager provides zero-effort installation and configuration of the Kaspa full-node software and the Kaspa Wallet when running in a desktop operating system environment.
The command line wallet is part of the core kaspa node software bundle and is maintained by the core team.
KASPA NEWS
Core Developer Series: Kaspa 101 – Part 1
The block-DAG paradigm By: Michael Sutton, Core Developer This is a blog series explaining the fundamentals of Kaspa in simple and short language. I will assume the least possible prior knowledge, although some fundamentals in blockchain theory, specifically bitcoin,...
Kaspa Partners with Flux to Deploy Decentralized Kaspa Nodes
Kaspa announced today a partnership with Flux (https:www.runonflux.io), a leading provider of decentralized cloud solutions, to launch Kaspa network nodes on their cloud infrastructure. Launching the Kaspa network on Flux's decentralized and reliable node...
Top-Tier Exchange Community Fundraising Complete!
We are pleased to announce that Kaspa has yet again successfully completed a community funding proposal to be listed on a soon-to-be named top-tier exchange. A funding pool of $50K in USDT was established on August 23rd, 2022 and was advertised on Kaspa's discord and...
Getting up to Speed on Kaspa
Looking Back Where to even start! So much has happened in the Kaspa project since the launch of the main-net in early November 2021. We are steadily building a vibrant and strong community as investors, developers and people, from around the globe, are...
Kaspa on RUST
Starting in July, the Kaspa development team, led by Michael Sutton, has undertaken an effort to rewrite Kaspad in Rust. This codebase rewrite will allow Kaspa to be in a "Space Code" system and reach maximal BPS and TPS through a high-performance well-designed...
Kaspa — What are We Actually Doing Here?
Shai (Deshe) Wyborski (if you are unfamiliar with Kaspa you are still welcome to read the post, or you can first check out our website and Discord server) It is astonishing to see how fast the Kaspa community is growing. But as Kaspa gains more traction and...
Join & Follow the COmmunity
We are a growing community and always looking for energetic people to join the project. If you are a coder, marketer, vlogger, community manager or other, join Discord and say, “hi!”