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
$55.1M
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
Kaspa launch plan (responding to reality) – Pt-2
First and foremost I wanted to thank you all for joining and forming this community, for the interest, excitement, and involvement around the project. Seeing my PhD obsession — POW DAG consensus — realize itself into a live network and a spontaneous community is...
Kaspa launch plan (proposal) Pt-1
Yonatan Sompolinsky launch Kaspa in gamenet mode, a research oriented experimental network inject deliberate fragility into Kaspa launch via random semi-scarce monetary policy construct battlefield for reward-based and MEV-based reorgs as community matures 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!”