{"id":1324,"date":"2023-08-05T09:15:57","date_gmt":"2023-08-05T09:15:57","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=1324"},"modified":"2023-08-05T09:15:57","modified_gmt":"2023-08-05T09:15:57","slug":"what-is-kaspa-kas-coin","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-kaspa-kas-coin\/","title":{"rendered":"What Is Kaspa (KAS) Coin?"},"content":{"rendered":"<p><strong>Kaspa<\/strong> is the Layer 1 blockchain with a target of becoming the fastest <strong>Proof-Of-Work (PoW).\u00a0<\/strong>In this manner, the Kaspa blockchain uses <strong>GHOSTDAG <\/strong>named protocol. The founder of the Kaspa blockchain <strong>Yonatan Sompolinsky<\/strong> is a successful character in the crypto market.<\/p>\n<p>Blockchain technology is quickly integrating into our lives and some industrial sections. But at the same time, the technology has problems like <strong>speed, security, scalability,<\/strong> etc. That&#8217;s why many projects work to solve these problems.<\/p>\n<p>Kaspa Technology also wants to become solving of these problems. Kaspa&#8217;s target is solving the <strong>Bitcoin network&#8217;s scalability problem<\/strong> as a <strong>Layer 1 blockchain.\u00a0<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1330 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/21454-e1680295246826-1024x466-1-300x137.webp\" alt=\"\" width=\"613\" height=\"280\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/21454-e1680295246826-1024x466-1-300x137.webp 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/21454-e1680295246826-1024x466-1-768x350.webp 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/21454-e1680295246826-1024x466-1.webp 1024w\" sizes=\"auto, (max-width: 613px) 100vw, 613px\" \/><\/p>\n<p>Kaspa blockchain has a protocol named <strong>GHOSTDAG\/PHANTOM. <\/strong>Kaspa wants to achieve to more scalable Bitcoin network. By any definition, the Kaspa network works for the scalability of Bitcoin&#8217;s consensus <strong>(Nakomoto Consensus). <\/strong>The Bitcoin network&#8217;s speed will increase if the blockchain can do this.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-kaspa-kas-coin\/#How_To_Work_Kaspa\" title=\"How To Work Kaspa?\">How To Work Kaspa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-kaspa-kas-coin\/#How_To_Mining_On_The_Kaspa_Network\" title=\"How To Mining On The Kaspa Network?\">How To Mining On The Kaspa Network?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-kaspa-kas-coin\/#Tokenomics_Of_Kaspa_KAS_Coin\" title=\"Tokenomics Of Kaspa (KAS) Coin\">Tokenomics Of Kaspa (KAS) Coin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-kaspa-kas-coin\/#How_To_Buy_Kaspa_KAS_Coin\" title=\"How To Buy Kaspa (KAS) Coin?\">How To Buy Kaspa (KAS) Coin?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Work_Kaspa\"><\/span><strong>How To Work Kaspa? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There are some factors for becoming famous for the Kaspa network. The first factor is that the Kaspa network uses the <strong>Proof-Of-Work algorithm.\u00a0<\/strong>In this manner, the blockchain can produce a block per one <strong>1 second<\/strong>.\u00a0 So, the Kaspa network is so fast thanks to the feature.<\/p>\n<p>Kaspa&#8217;s block-producing speed is more than Bitcoin, Litecoin, Dogecoin, Ethereum Classic, and Dash Coin network speed. The amount is <strong>10 minutes<\/strong> on Bitcoin, <strong>2.5 minutes<\/strong> on Litecoin, <strong>10 minutes<\/strong> on Ethereum Classic, 2.5 minutes on Dash Coin, etc.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1358 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/blockdag1-300x85.png\" alt=\"\" width=\"642\" height=\"182\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/blockdag1-300x85.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/blockdag1-768x219.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/blockdag1.png 980w\" sizes=\"auto, (max-width: 642px) 100vw, 642px\" \/><\/p>\n<p>The Kaspa blockchain network is using BlockDAG mechanism. The working principle is different from the blockchain. Blockchain works as blocks, I mean, transactions waiting in mempool for completion, collect at one block after they are completed. But the <strong>DAG<\/strong> mechanism is doing that as a non-periodic structure.<\/p>\n<p>At the same time, the Kaspa network is saving its own miners from censorship and similar attacks. Different from Bitcoin <strong>the Kaspa<\/strong> is accepting building <strong>dApp<\/strong> and deploying <strong>smart contracts<\/strong>. Kaspa network is planning that provides a <strong>delay of consensus mechanism.\u00a0<\/strong>In this case, the network will have faster than the old one.<\/p>\n<blockquote><p><strong>You might also like: What Is Smart Contract?<\/strong><\/p><\/blockquote>\n<p>Furthermore, the network has some features for saving its own users thanks to <strong>pre-trading security<\/strong> and <strong>anonymous procedures.<\/strong> The network keeps the users from malicious behaviors. <strong>GhostDAG<\/strong> protocol is isolated parallel blocks and that feature is the solution for network security.<\/p>\n<p>GhostDAG protocol&#8217;s fundament is using <strong>cyclic graphics.\u00a0<\/strong>Using this feature is decreasing <strong>double-spending.<\/strong> Here, the Kaspa network is different thanks to these features.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Mining_On_The_Kaspa_Network\"><\/span><strong>How To Mining On The Kaspa Network?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Kaspa network using POW consensus mechanism. That&#8217;s why every user can build a validator node on this network. The node is named <strong>Miner.\u00a0<\/strong>Miners are earning <strong>block rewards<\/strong> and <strong>transaction fees.<\/strong> Besides, the BlockDAG structure is allowing the distribution of mining on the network. Additionally, Kaspa is permitting <b>solo mining<\/b>\u00a0using lower hash speeds.<\/p>\n<p>Kaspa mining is based on the <strong>kHeavyHash<\/strong> algorithm which establishes the <strong>&#8220;optical-miner&#8221;<\/strong> concept. As we know PoW mechanisms are requiring energy, but the kHeavyHash algorithm is so efficient in terms of energy spending and polluting the environment.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1359 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/2023-02-15_17-56-28-300x131.webp\" alt=\"\" width=\"584\" height=\"255\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/2023-02-15_17-56-28-300x131.webp 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/2023-02-15_17-56-28-1024x446.webp 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/2023-02-15_17-56-28-768x335.webp 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/2023-02-15_17-56-28.webp 1180w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/p>\n<p>First of all, you need a wallet for mining and getting the rewards. You can<em><strong><a href=\"https:\/\/wallet.kaspanet.io\/\" target=\"_blank\" rel=\"noopener\"> interact with the link<\/a>\u00a0<\/strong><\/em>for having Kaspa Wallet. Secondly, you must find the pool for starting the mining procedure. But you don&#8217;t have to do it forever. Because the Kaspa network accepts solo mining, I mean you don&#8217;t need any pool, if you use this method.<\/p>\n<p>Today <strong>Kaspa Web Wallet<\/strong> is one of the reliable crypto wallets. The wallet has an easy user interface, in this case, money sending and receiving is easing.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tokenomics_Of_Kaspa_KAS_Coin\"><\/span><strong>Tokenomics Of Kaspa (KAS) Coin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Right now, <strong>KAS<\/strong> <strong>Coin<\/strong> has a market cap of <strong>414 million<\/strong> dollars. The maximum supply is equal to <strong>28,704,026,601<\/strong> KAS, but the total supply is <strong>19,489,882,634<\/strong> KAS. Almost %68 of the maximum supply is circulating, so that count is equal to the total supply. Furthermore, Kaspa (KAS) Coin&#8217;s maximum supply is halves once per year. You can see the emission schedule on the below chart.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1360 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/emmission-web-png-1-1-300x216.webp\" alt=\"\" width=\"550\" height=\"396\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/emmission-web-png-1-1-300x216.webp 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/07\/emmission-web-png-1-1.webp 705w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Buy_Kaspa_KAS_Coin\"><\/span><strong>How To Buy Kaspa (KAS) Coin?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can buy the coin from <strong>CEX <\/strong>and\u00a0 <strong>DEXes. <\/strong>The <strong>Kaspa (KAS) Coin<\/strong> is listed <strong>on\u00a0<a href=\"https:\/\/www.huobi.com\/tr-tr\/v\/register\/double-invite\/?inviter_id=11343840&amp;invite_code=mbwg2223\">Huobi<\/a>, <a href=\"https:\/\/www.gate.io\/signup\/3499516\">Gate.io,<\/a> <a href=\"https:\/\/www.mexc.com\/register?inviteCode=16GZj\">MEXC<\/a>, <a href=\"https:\/\/www.kucoin.com\/ucenter\/signup?rcode=rJUEYGG\">Kucoin<\/a>, <a href=\"https:\/\/www.bybit.com\/tr-TR\/invite\/?ref=QWQ0Q0\">ByBit<\/a>,\u00a0<a href=\"https:\/\/www.coinex.com\/register?refer_code=indirim\">CoinEx<\/a>, and <a href=\"https:\/\/www.bitget.com\/tr\/expressly?languageType=8&amp;channelCode=CoinMuhendisi&amp;vipCode=2bui\">Bitget<\/a>. If you want to get a discount (%10-%20), you can interact and use the link. Every exchange has a relevant reference link.\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kaspa is the Layer 1 blockchain with a target of becoming the fastest Proof-Of-Work (PoW).\u00a0In this manner, the Kaspa blockchain uses GHOSTDAG named protocol. The founder of the Kaspa blockchain Yonatan Sompolinsky is a successful character in the crypto market. Blockchain technology is quickly integrating into our lives and some industrial sections. But at the<\/p>\n","protected":false},"author":1,"featured_media":1362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[236,61,192,62,58,238,452,450,451,44,453,144,454,186],"class_list":["post-1324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-altcoin","tag-bitcoin","tag-blockchain","tag-coin","tag-cryptocurrency","tag-event","tag-kas-coin","tag-kaspa","tag-kaspa-coin","tag-million-dollars","tag-miner","tag-mining","tag-nodes","tag-pow"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is Kaspa (KAS) Coin? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Kaspa is the Layer 1 blockchain with a target of becoming the fastest Proof-Of-Work (PoW). 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