Kaspa (KAS)
- Official Website: kaspa.org
- Definition: Kaspa is a decentralized blockchain platform focusing on scalability and fast transactions.
- Category: Blockchain, Layer 1 chain, Cryptocurrency.
- What It Is: A high-throughput blockchain using the GHOSTDAG protocol.
- Function: Enables fast, low-cost transactions and decentralized applications.
- Analogy: Think of Kaspa as a high-speed conveyor belt. It processes transactions quickly and efficiently.
- Pros: Scalable, fast transactions, decentralized.
- Cons: New and unproven, competition from other Layer 1 chains.
- Controversies: Limited adoption, reliance on community growth.
—
This page was last updated on January 28, 2025.
–