What is Kaspa (KAS)?
Kaspa is a proof-of-work cryptocurrency that implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel. Instead, GHOSTDAG allows them to coexist and orders them in consensus.
This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the paper for some initial benchmarks).
The Kaspa implementation includes a lot of new 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 can you buy Kaspa?
KAS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Kaspa is Bitget, where the most active trading pair KAS/USDT has a trading volume of $3,194,830.22 in the last 24 hours. Other popular options include Gate.io and MEXC.
What is the daily trading volume of Kaspa (KAS)?
The trading volume of Kaspa (KAS) is $56,715,783.87 in the last 24 hours, representing a -24.00% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Kaspa (KAS)?
The highest price paid for Kaspa (KAS) is BTC0.054130, which was recorded on Feb 20, 2024 (3 months). Comparatively, the current price is -30.30% lower than the all-time high price.
What is the all-time low for Kaspa (KAS)?
The lowest price paid for Kaspa (KAS) is BTC0.085696, which was recorded on May 26, 2022 (almost 2 years). Comparatively, the current price is 76,887.30% higher than the all-time low price.
What is the market cap of Kaspa (KAS)?
Market capitalization of Kaspa (KAS) is BTC49,156.4369 and is ranked #42 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KAS tokens (24 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Kaspa (KAS)?
The fully diluted valuation (FDV) of Kaspa (KAS) is BTC49,243.9089. This is a statistical representation of the maximum market cap, assuming the maximum number of 29 Billion KAS tokens are in circulation today. Depending on how the emission schedule of KAS tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Kaspa compare against its peers?
With a price increase of 25.20% in the last 7 days, Kaspa (KAS) is outperforming the global cryptocurrency market which is up 0.30%, while outperforming when compared to similar Layer 1 (L1) cryptocurrencies which are up 6.20%.
Read More: Kaspa Price: KAS Live Price Chart, Market Cap & News Today | CoinGecko
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