Kaspa
Current price
$0.0357
−5.96%24h
LiveUpdated 35s ago
TodayKaspa drops 6.0%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.03%
- 24 hours−5.96%
- 7 days−10.31%
- 30 days+4.62%
- 1 year−36.64%
Kaspa's move in context
Lagging the market today
−5.96% today against −3.26% for the market as a whole, a gap of 2.7 points. Small gaps like this are common, so they don't point to anything specific.
Trend has turned
−10.3% over 7 days and +4.6% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Kaspa
Kaspa (KAS) - Cryptocurrency Overview
Introduction to Kaspa
Kaspa, with the ticker symbol 'KAS', is a proof-of-work (PoW) cryptocurrency that implements the GHOSTDAG protocol. This innovative approach distinguishes it from traditional blockchain systems by allowing parallel blocks to coexist and be ordered in consensus, rather than orphaning them. As a result, Kaspa operates as a blockDAG (Directed Acyclic Graph) rather than a linear blockchain, which can be observed in real-time through a blockDAG visualizer.
Technology and Protocol
The GHOSTDAG protocol is a generalization of the Nakamoto consensus, enabling Kaspa to achieve secure operation while supporting high block rates. Currently, the network processes one block per second, with aspirations for future scalability. The design also results in very short confirmation times, primarily limited by internet latency. For detailed initial benchmarks and technical insights, refer to chapter 6 of the official Kaspa research paper.
Key Features and Innovations
Kaspa includes several notable features and subprotocols to enhance its functionality. These include Reachability, which allows users to query the topology of the DAG, and Block Data Pruning, with plans for block header pruning in the near future. Additionally, Kaspa supports SPV (Simplified Payment Verification) proofs, facilitating lighter client interactions with the network. The protocol is also designed to support subnetworks, which are expected to simplify the future implementation of layer 2 solutions.
Use Cases and Ecosystem
Kaspa aims to serve as a scalable and secure platform for decentralized transactions and applications. Its high block rate and fast confirmation times make it suitable for use cases requiring rapid transaction processing. However, specific details about widespread adoption or specific ecosystem projects are not included here, as they may vary over time and require ongoing verification.
Background and Development
Kaspa was developed to address some of the scalability limitations of traditional blockchain systems by leveraging the blockDAG structure and the GHOSTDAG protocol. Detailed information about the founding team or specific launch dates is not provided in this overview due to the focus on technological aspects and the lack of universally verified public data on these topics at the time of writing.
Conclusion
Kaspa (KAS) represents a novel approach to cryptocurrency design through its use of the GHOSTDAG protocol and blockDAG structure. Its technical innovations aim to provide high throughput and low latency for transactions. For the most current and detailed information, users are encouraged to consult official Kaspa resources and documentation.
Kaspa market
- Position by market cap among the coins we track.
- #59
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $990.37M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0351High $0.0384
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.1890
- Now 19% of itReached 20 Feb 2024 · Needs +430% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 27.76B KAS
- 97% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 28.7B KAS
- The most coins that can ever exist. Some coins have no limit.
Kaspa converter
1 Kaspa = $0.0357
