KASPA

What is Kaspa? Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG a digital ledger enabling parallel blocks and instant transaction confirmation – built on a robust proof-of-work engine with rapid single-second block intervals.

Technical Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, but rather allows them to coexist and orders them in consensus.

KASPA KEY FEATURES 1. Fastest Transaction 2. Instant Confirmation 3. Scalability 4. Efficient Proof-of-Work 5. Security 6. BlockDAG

Fastest Transaction Kaspa’s blockDAG network generates multiple blocks every second for posting transactions to the ledger. Combined with fully confirmed transactions in 10 seconds, this makes Kaspa ideal for everyday transactions.

Instant Confirmation Kaspa was designed to be hundreds of times faster than Bitcoin, with each Kaspa transaction visible to the network in one second, and each transaction fully confirmed in 10 seconds on average.

Scalability Kaspa solves the scalability problem with its ability to generate and confirm multiple blocks per second. This comes with no trade-off to security and decentralization as seen with Proof-of-Stake networks.

Efficient Proof-of-Work Kaspa utilizes the optical-mining ready kHeavyHash algorithm for consensus and security of the network. This algorithm, combined with high-throughput DAG and no-wasted-blocks, makes it less energy intensive than other PoW networks.

Security Kaspa harnesses an ultra secure block network with no compromise to decentralization.  Achieved with pure, stake-less, proof-of-work combined with a revolutionary GhostDAG Consensus mechanism.

BlockDAG Overcoming the problem of blockchains, Kaspa processes all blocks in parallel linking all side-chains. This leads to a DAG structure that increases the formation of blocks per second drastically, creating a blockDAG.

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