Kaspa was fair-launched in November 2021 with no pre-mine, zero pre-sale, and no coin allocations, and is 100 percent community-managed. Kaspa aims to be the world's global sequencer for traditional finance and decentralized crypto markets by utilizing proof-of-work and its BlockDAG consensus protocol, GHOSTDAG.
Being the world's fastest proof-of-work network, Kaspa combines five properties: (1) hard money principles, (2) Bitcoin's ethos of security-first fundamentals (boasting a security threshold of fifty percent with significant market hashrate), (3) decentralization from rapid block rate mining, (4) block speeds faster than any PoW or PoS network, and (5) smart contract development through based-rollups without fragmented liquidity. Ushering in all five properties, Kaspa is on track to fulfill Satoshi Nakamoto's vision of a digital medium of exchange while also advancing global layer-one sequencing and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
Where is Kaspa available for purchase?
You can exchange KAS tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Kaspa is Gate, notably the KAS/USDT pair, which saw a trading volume of $ 9,93 MLN. in the past day. Additionally, KuCoin and XT.COM are popular alternatives for trading tokens.
What is the highest value Kaspa (KAS) has ever reached?
Kaspa (KAS) reached its peak price at 0.2074 $ on 01 August 2024, approximately a year ago ago. Presently, the current price is -75.66% lower than this all-time high.
What is the historical minimum price for Kaspa (KAS)?
The minimum price reached for Kaspa (KAS) was 0.000171 $, documented on 26 May 2022, more than 3 years ago. In comparison, the current price is 29,410.66%, it above this historical low.
What is the fully diluted valuation of Kaspa (KAS)?
The fully diluted valuation (FDV) of Kaspa (KAS) stands at $ 1,33 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 28,704,026,601 KAS tokens. The realization of this FDV might take several years depending on the emission schedule of KAS tokens.