Kaspa represents a revolutionary advancement in blockchain technology, offering high speeds and scalability through its unique blockDAG architecture.
The Technical Foundation of Kaspa
Kaspa is built on the GHOSTDAG protocol, allowing parallel block creation. This eliminates the limitations of traditional blockchains, which struggle with new block creation. With blockDAG technology, the system processes blocks simultaneously and includes all side-chains while maintaining security and decentralization.
Rust Development and Its Impact
Kaspa's core has been rewritten in the Rust programming language, known as Rusty-Kaspa, enhancing system efficiency and providing the groundwork for smart contracts. The network can achieve record performance on affordable hardware, initially estimated to handle 32 blocks per second, with potential future increases to 100 blocks per second.
Kaspa Tokenomics
Kaspa launched with true fairness, no premine or pre-sales. Its total supply is approximately 28.7 billion KAS, decreasing annually. Token distribution shows a high level of decentralization, establishing a solid community foundation.
Kaspa represents a significant leap in blockchain technology, addressing core limitations present in cryptocurrencies since Bitcoin's inception. With its speed, security, and decentralization, the project may become a crucial part of the global blockchain ecosystem.
