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Kaspa (KAS) is a Layer 1 blockchain built on the GHOSTDAG protocol. Unlike traditional blockchains that process blocks in a single linear chain, Kaspa uses a BlockDAG (Directed Acyclic Graph) structure that allows multiple blocks to be created and confirmed in parallel. This architecture dramatically increases throughput while preserving security and decentralization, and it enables near-instant transaction confirmations. Kaspa is designed to break the scalability limits of conventional Layer 1 networks, positioning itself as a high-speed, highly scalable decentralized PoW(Proof of Work) network. KAS has a fixed total supply of 28.7 billion and follows a predefined emission schedule, with all coins issued through mining.
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