https://kaspaminer.shop/

July 1, 2024

Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, which is structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa's current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers goal is to increase the number of blocks per second substantially, attracting the development of smart contracts and DeFi.

Kaspa Coin: A PoW Cryptocurrency with Unique Features Kaspa is a Proof-of-Work (PoW) cryptocurrency that utilizes the innovative GHOSTDAG protocol. This protocol allows Kaspa to boast several key features, making it an interesting project to consider.

Here are some key points about Kaspa:

Unique features:

GHOSTDAG protocol: This novel protocol enables Kaspa to achieve faster transaction confirmations than Bitcoin, with confirmations occurring in just seconds. Additionally, it helps to improve scalability and security. Community-driven: Kaspa is entirely open-source and has no central governance, similar to Bitcoin and other early cryptocurrencies. This fosters a strong community spirit and decentralization. Scalable: The GHOSTDAG protocol allows Kaspa to handle a significantly higher transaction volume than Bitcoin, making it potentially more suitable for widespread adoption. Secure: Kaspa utilizes SHA-3, a more secure hashing algorithm than Bitcoin's SHA-256. This makes Kaspa more resistant to potential attacks. Fair mining: Kaspa has a pre-mined supply of 0.1% and uses a fair emission schedule with no pre-mine or inflation, ensuring a fair distribution of coins.

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