Kaspa is a proof-of-work project based on the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not ignore parallel blocks. In this article, you can find answers to questions such as what is Kaspa (KAS) coin, how it works, how to get it, which exchange is available on, who is the founder, etc. You can browse here for information about Nebulas (NAS) coin.
What is Kaspa (KAS) coin and how does it work?
Kaspa is a proof-of-work project based on the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not ignore parallel blocks. Instead, it allows them to live together and puts them under consensus. KAS is at its core the Nakamoto Consensus in its purest form. The project lacks a centralized business model or governance structure. This indicates that it is open source, decentralized and community based.
Kaspa uses a directed acyclic graph (DAG), where a block points to several blocks instead of just one, unlike most crypto projects that use a single chain. Transactions that align with previous transactions are integrated into the DAG, which is set up as a cross-chain. The concept forms the basis of GHOSTDAG and reduces double spending.
KAS token founders!
Yonatan Sompolinsky and Aviv Zohar first developed and implemented this idea in 2016. The group designed and implemented a project to solve scalability issues with proof-of-work based projects using the GHOSTDAG protocol. Like all POW projects, KAS offers the benefits of faster block processing and customizable block time and rewards while ensuring security.
Which exchange is KAS coin on?
Kaspa coin is listed on some cryptocurrency exchanges such as DigiFinex, XT.COM, Gate.io, MEXC, CoinEx, etc.
How to buy KAS coins?
Kaspa coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.
KAS token supply!
According to specified, total supply of Kaspa coin is 17.435.884.533 units and its maximum supply is 28.704.026.601 units.
KAS token price!
As of March 22, 2023, at the time of the writing, 1 Kaspa Token price is around $ 0.0162 (because of the volatility on crypto market the price can change instantly).
Caution: The information contained in this content is for general informational purposes only. It is not investment advice.