Kaspa represents a significant step forward in blockchain technology with an open and scalable system built on blockDAG technology.
Kaspa's Technical Foundation
At its core, Kaspa implements the GHOSTDAG protocol, enabling parallel block creation and instant transaction confirmation backed by a robust proof-of-work consensus mechanism. This approach avoids the limitations of traditional blockchains, such as slow block creation rates and the 'orphan' block issue.
Community and Development
Kaspa is a decentralized project with open community participation. The development is led by a global team maintaining an open-source code base on GitHub, accepting contributions from participants in over 16 countries. This approach ensures transparency and decentralization in the development process.
Kaspa's Tokenomics
Kaspa began with a 'fair launch' without premine or pre-sales. The maximum supply is approximately 28.7 billion KAS, with the current circulating supply at 25.8 billion. The token distribution structure is characterized by a balanced ecosystem, where over 70% of addresses hold between 0.01 and 10K KAS.
Kaspa represents a significant advancement in blockchain technology, addressing the core limitations of cryptocurrencies and providing a platform for everyday transactions. Due to its speed and open approach, this project could become a cornerstone in the blockchain ecosystem.
