Kaspa

About Kaspa

Kaspa is a proof-of-work cryptocurrency that was fair-launched in November 2021 with no pre-mine, pre-sale, or coin allocations, and is 100% community-managed. It aims to be the world's global sequencer for traditional finance and decentralized crypto markets by utilizing its BlockDAG consensus protocol, GHOSTDAG. Kaspa claims to be the world's fastest proof-of-work network, combining hard money principles, Bitcoin's security-first fundamentals, decentralization from rapid block rate mining, faster block speeds than any PoW or PoS network, and smart contract development through based-rollups without fragmented liquidity. The implementation includes features such as Reachability for querying the DAG's topology, block data pruning, SPV proofs, and future subnetwork support for layer 2 solutions.

• Kaspa was fair-launched with no pre-mine, pre-sale, or coin allocations.
• It uses the GHOSTDAG protocol, a BlockDAG consensus mechanism.
• Kaspa claims to be the world's fastest proof-of-work network.
• The network aims to fulfill Satoshi Nakamoto's vision of a digital medium of exchange.
• Kaspa includes a Reachability subprotocol to query the DAG's topology.