What is Kaspa Cryptocurrency? $KAS Tokenomics Explained

Описание: 👉 What is Kaspa?

Kaspa claims to be the world’s fastest, fully open-source, decentralized, and scalable layer-1 blockchain in the world.

Kaspa is a layer-1 blockchain that aims to be the digital cash for a digital future. In short, Kaspa wants to be what Bitcoin was supposed to be.

Kaspa is also the world's first blockDAG, a type of digital ledger that allows parallel blocks to coexist and provide near-instant transaction confirmation. It also uses the GhostDAG consensus protocol, which is the consensus mechanism that organizes all of these parallel blocks.

It does this by ordering transactions into a linear stream which helps increase the processing speed of the network.

This allows the blockchain to quickly see if the users have enough funds required to make the transactions or if those funds have already been spent elsewhere, which massively reduces the block confirmation time.

👉 $KAS tokenomics

Kaspa’s KAS token has a maximum supply of 28.7 billion coins, and a current circulating supply of 17.7 billion, with a release schedule that halves each year.

However, unlike Bitcoin which halves drastically when it does, Kaspa achieves a smooth monthly reduction lowering the supply gradually throughout the year.

Unlike Proof-of-Stake tokens which often have rounds of pre-sales, Kaspa held a fair launch release meaning there was no pre-mining and no KAS tokens given away to early investors or adopters.

👀 Want to read more?
👉 Click here to read my article: https://www.iexplaincrypto.com/kaspa-...

Timestamps ⏳

00:00 Intro

0:42 What is Kaspa?

2:03 How does Kaspa work?

3:41 What makes Kaspa unique?

5:48 KAS tokenomics

❓ Questions you might have ❓
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