Kaspa, a Layer-1 blockchain, has made significant strides in scalability and decentralization. The implementation of the GHOSTDAG protocol has allowed it to achieve a market cap of $2.8 billion.
Achievements of Kaspa in Scalability
Kaspa is being recognized in 2025 for its scalability and decentralization. Utilizing a blockDAG structure and GHOSTDAG consensus protocol allows for parallel blocks and rapid transaction confirmations.
Decentralization and Unique Architecture
Kaspa’s architecture and unique consensus mechanism were designed by **Yonatan Sompolinsky** and **Aviv Zohar**. Its decentralized model means decisions are made collectively within the community. The GHOST protocol, on which Kaspa is based, was cited in Ethereum's Whitepaper.
Future Prospects of Kaspa
Kaspa anticipates significant financial implications from support for smart contracts and potential growth of its DeFi ecosystem. These projected developments may position Kaspa as a unique player in the expanding blockchain economy.
Kaspa shows significant achievements in scalability and decentralization, highlighting its potential in the future blockchain economy. The GHOSTDAG protocol and decentralization model open new horizons for the project's ecosystem.
