kaspa token
Kaspa (KAS) is a proof-of-work cryptocurrency utilizing the innovative GHOSTDAG protocol, which enables a unique blockDAG (Directed Acyclic Graph) structure. Key features include:
**Technical Specifications**:
- **Ticker**: KAS
- **Block Time**: 1 second
- **Circulating Supply**: 25.36B KAS
- **Max Supply**: ~28.7B KAS
- **Market Cap**: $3.7B
**Key Characteristics**:
- Fully decentralized and open-source Layer-1 blockchain
- Fair-launched on November 7, 2021, with no pre-mining
- Uses kHeavyHash algorithm for consensus
- Designed to be hundreds of times faster than Bitcoin
- Supports instant transaction confirmations (fully confirmed in 10 seconds)
**Unique Technology**:
Kaspa implements the GHOSTDAG protocol, which allows parallel block creation and coexistence, unlike traditional blockchains that orphan parallel blocks. This enables high block rates and minimal confirmation times.
**Wallet Options**:
- Web Wallet
- KDX process manager
- Command-line wallet
- KasVault (hardware wallet support)
- Mobile wallets
The current live price of Kaspa is approximately $0.129786 USD.
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