The live price of Kaspa is - per (KAS / USD) with a current market cap of $2.90B USD. 24-hour trading volume is - USD. KAS to USD price is updated in real-time. Kaspa is -% in the last 24 hours with a circulating supply of 26.19B.
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Kaspa is a groundbreaking, first-level blockchain project that aims to significantly enhance transaction processing capabilities compared to traditional blockchain systems. It adopts a block DAG structure—essentially a directed acyclic graph—that enables transactions to be processed in parallel. This groundbreaking design challenges the limitations of traditional blockchains, particularly the high orphan block rate that often plagues them. Kaspa's main goal is to create a secure and highly scalable environment that retains key elements of Bitcoin, such as proof-of-work mining, a deflationary economic model, and self-governance through a decentralized network. By leveraging these principles, Kaspa provides a powerful platform to efficiently accommodate a large number of transactions.
Kaspa is an open-source, decentralized Layer-1 blockchain that uses proof-of-work. It is highly scalable and uses Phantom's GHOSTDAG protocol. The protocol is considered a generalized Nakamoto consensus and is said to enable secure operations while maintaining a high block rate with negligible confirmation times.
To satisfy the user and developer experience, Kaspa integrates with other network applications to achieve instant ledger confirmation by reducing the latency of the consensus engine in transaction flow and user experience, thereby accelerating transaction settlement.
Peripheral nodes can help mitigate the threat of front-running and MEV on the network. As a result, Kaspa says it will eliminate concerns that miners and trading robots will try to manipulate transactions, seize opportunities for ordinary users, and gain unjustly. Sub-second block times enable pre-transaction privacy and stealth transactions, protecting users from such manipulation.
Unlike traditional blockchains, GHOSTDAG does not create orphan blocks in parallel, but allows blocks to coexist and be sorted by consensus. Kaspa implements numerous features, such as querying the accessibility of DAG topology, block data deletion, SPV proof, and later subnet support. These features can reportedly facilitate the implementation of Layer 2 solutions in the future.
Kaspa was founded in 2016 by Yonatan Sompolinsky and Aviv Zohar. Sompolinsky is a Harvard computer science postdoc who worked on the MEV research team, while Zohar was a researcher and postdoc at Microsoft.
Kaspa launched its native token in June 2022. Kaspa price hit an all-time high of $0.00516 in September 2022.
KAS is the native cryptocurrency of the Kaspa protocol and drives all activity on the network, including developer fees and transaction costs.
As of writing, Kaspa’s total supply of KAS is 13.8 billion, and the circulating supply of KAS has reached 13.8 billion.
Kaspa is an open-source, decentralized, and scalable Layer-1 blockchain network. Kaspa Network says its modified Nakamoto consensus is a proof-of-work mechanism that solves the blockchain trilemma for scalability. Kaspa reports that its network can confirm blocks quickly with high throughput, maintaining a one-second interval while maintaining decentralized mining. Kaspa Network claims to be the world's first blockDAG, or block directed acyclic graph. BlockDAG is not a block structure, but a mathematical structure where vertices represent blocks and edges represent child/parent blocks. According to Kaspa, this is the first implementation of a distributed ledger that will enable a new generation of scalability, instant confirmation, and high-throughput transaction bandwidth while maintaining decentralization.
The Kaspa to other currencies exchange rate?
