Kaspa (KAS) is a decentralized, proof-of-work (PoW) cryptocurrency designed to offer faster and more scalable blockchain solutions. Unlike traditional blockchains, Kaspa operates on a blockDAG (Directed Acyclic Graph) structure, enabling blocks to be generated and processed in parallel rather than sequentially. This innovative design enhances speed, scalability, and security, making Kaspa ideal for quick transactions and secure decentralized applications (dApps).
Kaspa’s core innovation lies in its blockDAG technology, which overcomes the limitations of traditional linear blockchains. In a typical blockchain, blocks are created one after another, causing network congestion and slower transaction times. In contrast, Kaspa’s blockDAG allows multiple blocks to be created simultaneously, significantly increasing transaction throughput.
Kaspa uses the GhostDAG protocol, a variant of proof-of-work (PoW), which maintains the security and decentralization of traditional blockchains while efficiently resolving multiple blocks at the same time. Miners verify transactions by solving cryptographic puzzles and are rewarded with KAS tokens. This ensures that Kaspa remains secure, decentralized, and resistant to double-spending attacks.
The scalability and speed of Kaspa make it suitable for a wide range of applications, particularly where quick transaction confirmation and security are essential. Some potential use cases include:
Kaspa was launched by a dedicated team of developers aiming to solve the scalability and speed limitations of traditional blockchain systems. Over time, the project has evolved significantly, implementing continuous improvements to its blockDAG technology. Today, Kaspa is recognized as one of the most innovative blockchain solutions, gaining a strong following within the crypto community.
The Kaspa price is $0.20226786 AUD, representing a -4.74% from the day prior.
The best place to buy Kaspa (KAS) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Kaspa (KAS) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of Kaspa (KAS) is $76.3M AUD in the last 24hrs, representing a -4.74% from the day prior.
Kaspa (KAS) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Kaspa (KAS) is $5.1B AUD.
Yes - With Coinstash you can convert your Kaspa (KAS) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Kaspa (KAS) is 25.6B.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Kaspa (KAS) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.