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Kaspa

KAS
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News

Crypto ETFs: Optimism Grows, New Products Expected

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Analysts raise the likelihood of crypto ETF approvals. The US is launching its first staked Solana ETF.
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Giorgi Kostiuk

Solana Staking ETF Boosts SOL Price to $160

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The price of Solana sharply increased to $160 after the announcement of the first staking ETF in the U.S., triggering $9M in short liquidations.
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Giorgi Kostiuk

Trump and Musk Clash: EV Subsidies and Their Consequences

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Trump criticizes Musk over electric vehicle subsidies, raising questions about public funding allocation in the U.S.
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Giorgi Kostiuk

US Congress Discusses a Moratorium on Artificial Intelligence Regulation

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The US Congress is discussing a bill that would ban states from regulating AI for five years, sparking debate among experts and lawmakers.
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Giorgi Kostiuk

What is Kaspa?

Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, 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 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the 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.

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