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What is Kaspa (KAS)?

Kaspa is the world's fastest, open-source, decentralized Layer-1 blockchain, featuring a unique blockDAG architecture that allows for parallel block creation and instant transaction confirmation. Built on a robust proof-of-work system with quick one-second block times, Kaspa includes several innovative features such as Reachability queries for the DAG topology, block data pruning (with upcoming plans for header pruning), SPV proofs, and future support for subnetworks to facilitate Layer-2 solutions. Key features of Kaspa include rapid transaction speeds—transactions are visible within one second and fully confirmed in around ten seconds—making it ideal for everyday use. The network's scalability stems from generating and confirming multiple blocks simultaneously without compromising securi...

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