Kaspa Overview
Kaspa is a proof-of-work cryptocurrency using the GHOSTDAG protocol, allowing parallel blocks to coexist and be ordered in consensus, forming a blockDAG. This ensures security and high block rates (1 block/sec, aiming for 10/sec, dreaming of 100/sec) with minimal confirmation times.
Kaspa is a fully open-source community project with no central governance or business model, similar to Bitcoin, Litecoin, Monero. The mainnet launched without premining or preallocation of coins.
Recently top BTC mining operations have added KASPA mining as an alternative revenue stream as the ROI is 10x higher than Bitcoin.
Features:
- Reachability: Queries the DAG's topology.
- Block Data Pruning: Future plans for header pruning.
- SPV Proofs
- Subnetwork Support: Facilitates layer 2 solutions.
Kaspa Price Analysis
As of December 22 2024 Kaspa has a marketcap of $3B.
This is {{percentagefromath}} from its all time high of $0.207411.
In terms of its tokenomics, there's a total supply of 25B with 100% currently outstanding.
Keep in mind Kaspa has a fully diluted value of $3B which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
