Kaspa represents a significant advancement in blockchain technology, offering a fast and decentralized solution using blockDAG and GHOSTDAG protocol.
Kaspa's Technical Foundation
Kaspa implements the GHOSTDAG protocol, expanding Nakamoto Consensus. Unlike traditional blockchains, Kaspa enables parallel block creation and processing. The blockDAG architecture supports high throughput and reduced transaction confirmation times.
Performance Breakthrough with Rust Rewrite
Kaspa underwent a rewrite in the Rust programming language to drastically improve efficiency and performance. The new implementation enables high-throughput operations on affordable hardware, including outdated laptops and mid-tier mobile phones.
Trilemma Solution with GHOSTDAG Protocol
The GHOSTDAG protocol resolves the blockchain trilemma by maintaining security, scalability, and decentralization. It achieves this by categorizing blocks into 'Blue' and 'Red', optimizing block ordering and prioritizing honest miners.
Kaspa offers a new platform for peer-to-peer transactions, poised to become a cornerstone technology in the blockchain ecosystem through its speed and innovations.