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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| KAS | -63.85% | N/A | N/A | +24,479% |
| S&P | +16.23% | +94.45% | +14.22% | +71% |
Kaspa (KAS) is a decentralized cryptocurrency utilizing blockDAG tech over traditional blockchains. Addressing the security-scalability-decentralization trilemma, it offers rapid and robust transactions while preserving decentralization. Its distinctive GHOSTDAG protocol allows for fast block rates and short confirmation times. KAS, the ecosystem's native coin, is mineable and central to network transactions. Unique features include DAG topology querying via Reachability, efficiency through Block data pruning, security with SPV proofs, and plans for subnetwork support to enhance Layer 2 solutions. Capped at 28.7 billion, Kaspa, crafted by Yonatan Sompolinsky, co-author of GHOSTDAG, launched without pre-mining or coin pre-allocation, emphasizing equitable participation.
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