Bitcoin Inspired Altcoin Jumps 115%: What’s Going On?

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Bitcoin-inspired altcoin project Kaspa (KAS) recorded a strong increase in its price after its updates to the ecosystem.

Ranked 199th by market value cryptocurrency KAS token is trading at $0.0121 at the time of writing, up 23% in the last 24 hours, 58% in the last week, 86% in the last two weeks and 115% in the last 30 days.

Kaspa is the fastest and most scalable instant confirmation transaction layer built on a proof-of-work engine. Transactions sent to miners can be instantly included in the ledger, which is configured as a revolutionary blockDAG.

Koinfinans.com As we reported, BlockDAG is Kaspa’s version of the GhostDAG/PHANTOM protocol. It aims to offer high block creation and transaction speed without the loss of security and decentralization, which is the core problem of many high-speed chains.

Designed by Satoshi bitcoinIt is loyal to the principles it has placed in. Proof-of-work mining, UTXO [harcanmamış işlem çıktısı] There is no established isolation, deflationary monetary policy, no front mine and no central government. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments.

Kaspa is currently running a crowdfunding campaign to enter the top 10 crypto exchanges by trading volume. is making.

Kaspa also released a new version of the project’s whitepaper last week that further explains the fundamentals of the project’s algorithm. Last week, the project also announced that they have developed several new hardware wallets.

You can follow the current price action here.


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