Kaspa, the world’s first blockDAG and the fastest, open-source, decentralized, and fully scalable Layer-1 to ever exist.
A digital ledger with parallel blocks and instant transaction confirmation – powered by a robust proof-of-work engine with rapid single-second block intervals.
Built by industry pioneers, led by the people.
Metrics Sourced: Jan ??, 2024
KASPA AT A GLANCE
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Fair Launch DateNov 7, 2021 |
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Hashing AlgorithmkHeavyHash |
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TickerKAS |
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ConsensusProof of Work
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Market Cap~$2.8 B |
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Block Time1 second |
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Community Governance |
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Max Supply~28.7 B KAS |
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Circulating Supply~21.65 B KAS |
supported platforms
top 5 exchanges
kaspa features
Fastest Transactions
Kaspa’s BlockDAG technology enables unprecedented transaction speed, creating blocks every second allowing transactions to be written to the ledger near-instantly. Latest tests at 10bps.
Security
Kaspa maintains robust security and decentralization. similar to Bitcoin; enhancing efficiency with the kHeavyHash algorithm.
GhostDAG
Kaspa improves upon the PHANTOM protocol with GhostDAG, a secure, efficient consensus mechanism ensuring reliable and irreversible transaction ordering.
Efficient Proof-of-Work
Kaspa’s choice of the kHeavyHash algorithm balances environmental concerns with mining efficiency, avoiding the energy waste of traditional PoW systems, and no wasted energy on orphan blocks.
pruning
Kaspa’s pruning strategy maintains a compact blockDAG, requiring minimal storage hardware. Lowering the cost of entry, encouraging decentralization and inclusivity.
scalable
The blockDAG architecture of Kaspa allows handling vast transaction volumes, a unique feature for a truly decentralized proof-of-work network.
BlockDAG
Kaspa’s BlockDAG structure solves the orphan block problem, allowing frequent block generation and flexible scalability with its unique consensus method.
Instant Confirmation
Kaspa eradicates the long-standing issue of slow confirmations by ensuring transactions are visible in one second and fully confirmed in ten.
GENERALIZED Nakamoto Consensus
Kaspa’s consensus engine is grounded in the mathematically proven security of Nakamoto’s Protocol, resisting centralization while ensuring reliability and security.
Upcoming
rust
A rewrite of Kaspa’s node implementation from Golang to Rust is happening now. Boosting Kaspa’s overall performance/speed to 10bps. This rewrite is an integral part Of Kaspas future goal of reaching 100bps!
dag knight
DAG KNIGHT(DK) is a new consensus protocol that achieves responsiveness — a WORLD FIRST – it reacts to the actual network delay. retaining a 50%-byzantine tolerance. enabling a faster and more secure blockDAG.
Trilemma Solved
Trilemma Solved
Wide Coin Spread
Wide Coin Spread
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Web Walletwallet.kaspanet.io |
Web Walletwallet.kaspanet.io |
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Web Walletwallet.kaspanet.io
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Founder
YONATAN SOMPOLINSKY
CS postdoc at Harvard
“I would like Kaspa to be more of a long-term contender for the open financial system, which Ethereum lives in, while keeping faithful to the fundamentals of a Satoshi system…. In a sense, it (Kaspa) aims to implement a vision which once upon a time was Bitcoin’s vision.”
Join & Follow the COmmunity
We are a growing community and are always looking for enthusiastic people to join the project. If you are a coder, marketer, vlogger, community manager, enthusiast, or anything else join the Kaspa Discord and say, “hi!”
FOLLOW US
PUBLIC DONATIONS ARE WELCOME!
Simple donation through Cryptocurrency Checkout
Manual donations dev-fund-address: kaspa:precqv0krj3r6uyyfa36ga7s0u9jct0v4wg8ctsfde2gkrsgwgw8jgxfzfc98
Mining dev-fund-address: kaspa:pzhh76qc82wzduvsrd9xh4zde9qhp0xc8rl7qu2mvl2e42uvdqt75zrcgpm00
The wallet is managed by 4 members of the community (msutton, Tim, The SheepCat and demisrael) who were publicly voted in to become the Treasurers.