Kaspa KASPrice $ 0.0304

Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG- a digital ledger enabling parallel blocks and instant transaction confirmation, built on a robust proof-of-work engine with rapid single-second block intervals. The Kaspa implementation includes a lot of cool 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.

Kaspa key features:

• Fastest Transactions. Kaspa’s blockDAG network generates multiple blocks every second for posting transactions to the ledger. Combined with 10 second confirmation times makes Kaspa ideal for everyday transactions.
• Instant Confirmation. Kaspa was designed to be hundreds of times faster than Bitcoin, with each Kaspa Transaction visable to the network in 1 second, and each transaction fully confirmed in 10 seconds on average.
• Scalability. Kaspa solves the scalability problem with its ability to generate and confirm multiple blocks per second. This comes with no trade-off of security and decentralization as seen with Proof-of-Stake networks.
• Efficient Proof-of-Work. Kaspa utilizes the optical-mining-ready kHeavyHash algorithm for consensus and security of the network. This algorithm, combined with high-throughput DAG and no-wasted-blocks, makes it less energy intensive than other PoW networks.
• Security. Kaspa harnesses an ultra secure block network with no compromise to decentralization. Achieved with pure stake-less, proof-of-work combined with a revolutionary GhostDag Consensus mechanism.
• BlockDAG. Overcoming the problem of blockchains, Kaspa processes all blocks in parallel linking all side-chains. This leads to a dag structure that increases the formation of blocks per second drastically, creating a blockDAG.