Token Spotlight: Kaspa (KAS)

Kaspa is a Layer-1 blockchain project that focuses on addressing common scalability issues in proof-of-work networks. Built with a unique blockDAG architecture, Kaspa aims to support high transaction throughput without compromising decentralization or network security.

What is Kaspa (KAS)?

Kaspa is an open-source, decentralized blockchain protocol designed for speed and scalability. It utilizes a consensus mechanism known as GHOSTDAG, which allows blocks to be created and confirmed in parallel rather than sequentially. This approach reduces network bottlenecks and enables fast, secure transaction processing.

What is KAS Used For?

KAS is the native coin of the Kaspa network. It is used to :

• Pay transaction fees within the network
• Reward miners for contributing computational power to maintain consensus

KAS operates on its own blockchain and is not issued as a token on another network. This makes it a native coin, similar to Bitcoin or Litecoin.

Background and Development

Kaspa was founded by Yonatan Sompolinsky, a researcher in blockchain scalability and one of the original authors of the GHOSTDAG protocol. The project was launched without an ICO, pre-mine, or venture capital backing. Development has been driven by a globally distributed, community-led effort.

Community and Governance

Kaspa emphasizes its community-focused approach, with governance and development led by volunteers and contributors rather than centralized entities. The project has grown through grassroots involvement, including developer tools, educational initiatives, and network monitoring resources.

Circulating Supply

There are currently over 26 billion KAS coins in circulation. Kaspa follows a gradual halving model where emissions reduce annually, helping manage long-term supply and encourage sustainable network economics. .

How to Buy KAS

You can buy Kaspa (KAS) through Topper, Uphold’s crypto on-ramp. Just follow these steps:

The Future of Kaspa

Kaspa continues to focus on infrastructure improvements, scalability enhancements, and broader integrations. The project’s architecture is positioned to support use cases that demand fast, decentralized settlement while adhering to a proof-of-work model.

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