KAS Project Analysis
1. Research Institute Review
Kaspa (KAS) is the first minor PoW coin, having listed on Binance and increased nearly 800 times from its historical low, becoming a leader in the PoW sector. It is even referred to by a highly consensual community as the next ETH. Its series of explosive price increases have raised its market cap ceiling, lifting the entire PoW track.
2. Recent Highlights
As a popular GPU mining coin, KAS's total network hash rate has surpassed 1.14 PH/s, while the total network hash rate of ETC, the fifth-largest cryptocurrency by market cap, is currently 115 TH/s. This means KAS's total network hash rate is nearly ten times that of ETC, indicating that KAS's future value is recognized by most miners. Consequently, many GPU miners are willing to shift their hash power to KAS.
3. Project Introduction
Kaspa is the world's fastest, open-source, decentralized, and fully scalable Layer-1. It is the first blockDAG in the world—a digital ledger supporting parallel blocks and instant transaction confirmations, built on a robust proof-of-work engine with fast, single-second block intervals.
4. Token Utility
None
5. Token Economic Model
Kaspa's mainnet officially launched in November 2021, with no pre-mining, zero pre-sales, and no token allocations, relying entirely on mining for token issuance. It adheres to a completely fair token distribution, with a total supply of 28.7 billion tokens expected to be mined within 186 months, approximately by April 2037. In the first six months after the mainnet launch, Kaspa maintained a production rate of 500 KAS per second, issuing 1,314,900,000 KAS each month. Starting from the seventh month, KAS's output decreased by 12%, with each subsequent month's issuance being (1/2)^(1/12) of the previous month, achieving a steady annual halving of output. KAS has a market circulation of over 18 billion tokens, with 37% of KAS remaining unmined, providing miners with ample mining space.
6. Project Highlights
None
7. Investment Institutions
Kaspa's issuance mechanism is similar to Bitcoin's, with no pre-mining or pre-sales; all tokens can only be obtained through mining.
8. Community
Kaspa has 1,980,000 followers on Twitter, 37,049 members in its Telegram group, and 46,837 members on Discord, with the community being predominantly composed of international users.
9. Special Economic Model
None
10. Future Outlook
In all aspects, Kaspa is a public chain with profound technical depth that inherits the spirit of Bitcoin, maintaining Bitcoin's decentralized security architecture while achieving better technical innovation in scalability. Recently, Kaspa released the Rusty Kaspa Alpha version, rewriting the programming language in Rust to further enhance Kaspa's performance, while also supporting Layer 2, smart contract, and DeFi development. Additionally, the community is continuously expanding the daily use cases for KAS. Kaspa currently enjoys high market recognition and strong consensus among miners.
Basic Information
Project Introduction: Kaspa is the world's fastest, open-source, decentralized, and fully scalable Layer-1. It is the first blockDAG in the world—a digital ledger supporting parallel blocks and instant transaction confirmations, built on a robust proof-of-work engine with fast, single-second block intervals.
Token Full Name: Kaspa
Token Symbol: KAS
Official Website: https://kaspa.org/
Project Documentation: None
Block Explorer: https://explorer.kaspa.org/
Liquidity Information: None
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
Btok: https://s65535.com/CoinwExchangeEnglish
CoinW Institute
2024/6/7
KAS Project Analysis
1. Research Institute Review
Kaspa (KAS) is the first minor PoW coin, having listed on Binance and increased nearly 800 times from its historical low, becoming a leader in the PoW sector. It is even referred to by a highly consensual community as the next ETH. Its series of explosive price increases have raised its market cap ceiling, lifting the entire PoW track.
2. Recent Highlights
As a popular GPU mining coin, KAS's total network hash rate has surpassed 1.14 PH/s, while the total network hash rate of ETC, the fifth-largest cryptocurrency by market cap, is currently 115 TH/s. This means KAS's total network hash rate is nearly ten times that of ETC, indicating that KAS's future value is recognized by most miners. Consequently, many GPU miners are willing to shift their hash power to KAS.
3. Project Introduction
Kaspa is the world's fastest, open-source, decentralized, and fully scalable Layer-1. It is the first blockDAG in the world—a digital ledger supporting parallel blocks and instant transaction confirmations, built on a robust proof-of-work engine with fast, single-second block intervals.
4. Token Utility
None
5. Token Economic Model
Kaspa's mainnet officially launched in November 2021, with no pre-mining, zero pre-sales, and no token allocations, relying entirely on mining for token issuance. It adheres to a completely fair token distribution, with a total supply of 28.7 billion tokens expected to be mined within 186 months, approximately by April 2037. In the first six months after the mainnet launch, Kaspa maintained a production rate of 500 KAS per second, issuing 1,314,900,000 KAS each month. Starting from the seventh month, KAS's output decreased by 12%, with each subsequent month's issuance being (1/2)^(1/12) of the previous month, achieving a steady annual halving of output. KAS has a market circulation of over 18 billion tokens, with 37% of KAS remaining unmined, providing miners with ample mining space.
6. Project Highlights
None
7. Investment Institutions
Kaspa's issuance mechanism is similar to Bitcoin's, with no pre-mining or pre-sales; all tokens can only be obtained through mining.
8. Community
Kaspa has 1,980,000 followers on Twitter, 37,049 members in its Telegram group, and 46,837 members on Discord, with the community being predominantly composed of international users.
9. Special Economic Model
None
10. Future Outlook
In all aspects, Kaspa is a public chain with profound technical depth that inherits the spirit of Bitcoin, maintaining Bitcoin's decentralized security architecture while achieving better technical innovation in scalability. Recently, Kaspa released the Rusty Kaspa Alpha version, rewriting the programming language in Rust to further enhance Kaspa's performance, while also supporting Layer 2, smart contract, and DeFi development. Additionally, the community is continuously expanding the daily use cases for KAS. Kaspa currently enjoys high market recognition and strong consensus among miners.
Basic Information
Project Introduction: Kaspa is the world's fastest, open-source, decentralized, and fully scalable Layer-1. It is the first blockDAG in the world—a digital ledger supporting parallel blocks and instant transaction confirmations, built on a robust proof-of-work engine with fast, single-second block intervals.
Token Full Name: Kaspa
Token Symbol: KAS
Official Website: https://kaspa.org/
Project Documentation: None
Block Explorer: https://explorer.kaspa.org/
Liquidity Information: None
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
Btok: https://s65535.com/CoinwExchangeEnglish
CoinW Institute
2024/6/7