What is Kaspa (KAS)?

Deep Dive

1. Technology & Architecture

Kaspa uses a BlockDAG (Directed Acyclic Graph) structure instead of a traditional blockchain. This allows multiple blocks to be processed simultaneously, achieving speeds of 10 blocks per second (upgradable to 100+), compared to Bitcoin’s single-block model. Its GHOSTDAG protocol orders blocks efficiently, ensuring security and decentralization while enabling near-instant finality for transactions (Kaspa).

2. Purpose & Value Proposition

Kaspa aims to solve the blockchain trilemma (scalability, security, decentralization) by offering a PoW network capable of handling 1,800+ transactions per second (TPS) with sub-second confirmations. This makes it suitable for microtransactions, remittances, and real-world payments without relying on layer-2 solutions (Kanalcoin).

3. Tokenomics & Governance

KAS has a fixed supply of 28.7 billion coins, distributed through mining rewards. Its emission schedule is deflationary, reducing rewards over time to incentivize early participation. Governance is decentralized, with protocol upgrades driven by community consensus and open-source contributions.

Conclusion

Kaspa reimagines Bitcoin’s core principles with cutting-edge scalability, positioning itself as a high-speed PoW alternative for decentralized payments. Its BlockDAG architecture and fair launch model address critical limitations of older blockchains. As Kaspa’s ecosystem grows, can its technical edge translate into broader adoption in a market dominated by smart contract platforms?