Today's Kaspa Price Summary
Kaspa's price today is $0.16 USD, with a 24-hour trading volume of $92,002,806 USD. KAS
is down -7.14% in the last 24 hours. Kaspa is currently ranked #37 with a
market capitalization of $3,616,307,976 USD.
Kaspa is a decentralized and scalable cryptocurrency that stands out in the digital asset market due to its unique BlockDAG architecture. This technology addresses the scalability issues often associated with traditional blockchain implementations, making Kaspa a promising alternative in the crypto space. The network operates at an impressive rate of one block per second, significantly faster than leading cryptocurrencies like Bitcoin and Ethereum.
The Creation of Kaspa
Launched in November 2021 by Yonatan Sompolinsky and his team, Kaspa was introduced without any prior mining, sales, or coin allocations. This approach ensures fair distribution among users and reinforces the project's commitment to decentralization.
Kaspa's Unique Features
Kaspa utilizes GhostDAG protocol, which allows for parallel blocks, thereby increasing system throughput without compromising security. The ecosystem offers user-friendly tools such as the Kaspa Explorer for network metrics, Graph Inspector for visualizing mined blocks, and different types of wallets catering to user preferences.
The team behind Kaspa has outlined ambitious plans for its future development. These include upgrading its consensus algorithm to follow the DAGKNIGHT protocol, rewriting its programming language from Golang to Rust for improved performance, developing a mobile wallet for convenience, and increasing transactions per second for enhanced speed.
About KAS Coin
KAS coin is the native cryptocurrency of the Kaspa ecosystem. It is crucial in validating transactions and incentivizing users to maintain network integrity. Its launch strategy ensured equitable distribution among users without any pre-mine or pre-sales.
What is Kaspa All-Time High price (ATH)?
On February 20th, 2024 06:54:58 AM, Kaspa hit a historic high of $0.189044 USD.
It has been about 1 week ago since Kaspa reached its peak.
What is Kaspa All-Time Low price (ATL)?
On May 26th, 2022 02:42:59 PM, Kaspa reached a bottoming price of $0.0001710500 USD.
About 1 year ago has passed Kaspa has seen such a low price.