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Kaspa KAS |
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£0.024486 |
-4.24% (24h) |
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Marketcap |
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£680,331,427 |
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Volume 24h |
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£16,792,831 |
Description
Kaspa (KAS) is a high-speed layer-1 blockchain that utilizes a unique "GHOSTDAG" consensus protocol, allowing for blocks to be generated simultaneously rather than in a linear chain. This architecture makes Kaspa one of the fastest Proof of Work networks in the world, featuring sub-second transaction times and high scalability. Unlike many modern chains, Kaspa maintains a strong commitment to decentralization and fair launch principles, with no pre-mine or venture capital involvement. The KAS token is the native currency used for transaction fees and as a medium of exchange within its rapidly growing ecosystem.