Since its launch in 2021, Kaspa has reshaped cryptocurrency approaches with its unique blockDAG architecture, enhancing speed while maintaining decentralization.
Parallel Processing in Kaspa
Kaspa uses a blockDAG architecture for parallel block processing, ensuring high speed and distributed processes. This makes it one of the fastest mineable cryptocurrencies without compromising between speed and decentralization.
Tokenomics and KAS Distribution
Kaspa's maximum supply is capped at 28.7 billion KAS, avoiding pre-mining or central token distribution. This fosters a fair economic model based on mining and allows the community to make governance decisions.
Mining and Algorithm Efficiency
Mining in Kaspa has evolved from CPU and GPU to FPGA and ASIC, improving efficiency. The kHeavyHash algorithm ensures low energy consumption with high security. Rapid block generation through blockDAG architecture reduces the competitive edge of large mining pools.
Kaspa exhibits a balanced economic model with high transaction speed and decentralized governance, becoming a significant cryptocurrency in the proof-of-work sector.