coinKAS #44

Kaspa

0.12214510130USD-0.73%-0.73%As of: May 20, 06:55 UTC

Key Statistics

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Kaspa Converter

KAS
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About Kaspa

Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. Whereby our blockchain is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer). This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
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Price Performance

1D
-0.73%
7D
6.17%
30D
5.47%
YTD
3.85%
1Y
630.26%
Key Statistics
24H Range
Low$0.12147764173High$0.12348002044
24h Volume
14.8M
Market Cap
2.9B
Circulating Supply
23.7B
Total Supply
23.7B
Rank
44
Market Cap Dominance
0.11%
Max Supply
28.7B
Fully diluted market cap
43.3K
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.01
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