Description
Kaspa is a groundbreaking Layer 1 blockchain utilizing the GHOSTDAG protocol to achieve unparalleled scalability and speed. As the fastest blockDAG with block times of 1 second, it is ideal for high-throughput applications demanding swift finality. Employing a Proof of Work consensus, Kaspa ensures robust security and decentralization. The native KAS token is crucial for transactions and miner incentives, while Wrapped Kaspa (wKAS) enhances interoperability with Ethereum's DeFi ecosystem. Kaspa supports decentralized application development, positioning itself as a critical player in Web3 innovation, from microtransactions to DeFi. Emphasizing scalability, Kaspa aims to expand from one block to 100 blocks per second, maintaining active trading across 120+ markets. Kaspa’s infrastructure and vision underscore its commitment to becoming a leading scalable Layer-1 blockchain, supporting diverse applications in the ever-evolving Web3 landscape. Further updates can be found at kaspa.org.
Kaspa is a groundbreaking Layer 1 blockchain utilizing the GHOSTDAG protocol to achieve unparalleled scalability and speed. As the fastest blockDAG with block times of 1 second, it is ideal for high-throughput applications demanding swift finality. Employing a Proof of Work consensus, Kaspa ensures robust security and decentralization. The native KAS token is crucial for transactions and miner incentives, while Wrapped Kaspa (wKAS) enhances interoperability with Ethereum's DeFi ecosystem. Kaspa supports decentralized application development, positioning itself as a critical player in Web3 innovation, from microtransactions to DeFi. Emphasizing scalability, Kaspa aims to expand from one block to 100 blocks per second, maintaining active trading across 120+ markets. Kaspa’s infrastructure and vision underscore its commitment to becoming a leading scalable Layer-1 blockchain, supporting diverse applications in the ever-evolving Web3 landscape. Further updates can be found at kaspa.org.
