Kaspa is a next-generation blockchain that offers high speed and scalability through blockDAG technology and open-source development.
Kaspa's Technical Foundation
At its core, Kaspa implements the GHOSTDAG protocol, allowing for parallel block creation to solve the limitations of traditional blockchains. By processing all blocks simultaneously and linking side-chains, Kaspa's blockDAG technology eliminates the issue of orphan blocks, ensuring high throughput and reducing transaction confirmation times to one second.
Community and Development
Kaspa stands as a decentralized project with fully open-source participation. Development is managed on GitHub with contributors from over 16 countries. This open approach to development aligns with the decentralized ethos of the project. The Rust rewrite, led by former DAGLabs developer Michael Sutton and a global team, has significantly enhanced system speed and performance.
Tokenomics and KAS Distribution
Kaspa was launched with a true fair-launch model without any premine or pre-sales, ensuring equitable distribution. The max supply is approximately 28.7 billion KAS, with 25.8 billion currently in circulation. Tokens are evenly distributed, with over 70% of addresses holding between 0.01 to 10K KAS.
Kaspa represents a significant advancement in blockchain technology by providing fast and secure transactions. With its Rust rewrite and protocol improvements, the project has potential for further growth and mainstream adoption.
