Buy Kaspa (KAS) with Credit Card

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• No Hidden Fees: Transparent pricing for every transaction.

What is Kaspa?

Introduction to Kaspa

Kaspa is a proof-of-work (PoW) cryptocurrency renowned for implementing the GHOSTDAG protocol. This protocol distinguishes Kaspa from traditional blockchains by allowing blocks created in parallel to coexist rather than orphaning them. The Kaspa blockchain is actually a blockDAG (Direct Acyclic Graph), which enables high block rates while ensuring security. Aspiring to process 10 blocks per second and aiming for an ambitious target of 100 blocks per second, Kaspa is designed for rapid transaction confirmations and overall superior network efficiency.

Core Features of Kaspa

Kaspa boasts several core features that contribute to its growing popularity and usability within the cryptocurrency market:

1. Speed and Scalability: Dubbed the fastest, open-source, decentralized, and fully scalable Layer-1 network globally, Kaspa features the world’s first blockDAG digital ledger. This technology enables parallel blocks and results in instant transaction confirmation (Kaspa).
2. GHOSTDAG Protocol: By implementing the GHOSTDAG protocol, Kaspa orders blocks in consensus rather than discarding them, dramatically enhancing its capability to manage parallel block production.
3. Transaction Confirmation: The network generates multiple blocks every second, posting transactions to the ledger efficiently. Kaspa can achieve fully confirmed transactions within an average of 10 seconds, making it significantly faster than Bitcoin, and suitable for everyday transactions.
4. Fair Launch and PoW Mechanism: Launched fairly with no premine or allocated coins, Kaspa utilizes the kHeavyHash hashing algorithm in its PoW and BlockDAG consensus mechanism. This promotes an equitable distribution and secure proof of work.
5. Cross-Platform Support: Kaspa is supported on a range of platforms including Windows, OSX, Linux, and Raspberry Pi, making it accessible and versatile for various types of users.

Kaspa’s unique attributes, particularly its speed, scalability, and groundbreaking blockDAG structure, position it as a promising cryptocurrency within the digital asset space.

The Team Behind Kaspa

Founder and Developers

Kaspa is a community-driven project with no central governance or business structure. The platform's foundation is laid by a team of highly skilled and prominent figures in the field of cryptography and computer science.

Founder:

• Yonatan Sompolinsky: Yonatan is the visionary behind Kaspa. His work and research in blockchain technology have been instrumental in shaping the Kaspa network.

Core Developers and Contributors:

• Shai Wyborski: An expert in quantum cryptography, Shai holds a PhD and contributes significantly to Kaspa's security protocols.
• Michael Sutton: Holding a Master's degree in computer science, Michael brings a wealth of academic and practical knowledge to the table.
• Mike Zak: Currently pursuing undergraduate studies in computer science, Mike is an essential part of the development team.
• Elichai Turkel: A researcher specializing in cryptography, Elichai adds depth to the cryptographic security of the Kaspa network.
• Ori Newman: A developer with substantial experience, Ori Newman plays a key role in the continuous improvement of Kaspa.

In addition to these prominent figures, there are numerous global contributors who make Kaspa a robust and innovative platform.

Community Involvement

Kaspa thrives on community involvement. As an open-source project, it invites and relies on contributions from a diverse set of individuals worldwide. This decentralized approach ensures that the development and governance of the platform are transparent and community-driven.

Community Leadership:

• Community members participate in discussions, provide feedback, and contribute code.
• The platform emphasizes decentralization, meaning that decisions are made collectively rather than guided by a central authority.
• Regular meetings and updates keep the community informed and engaged.

Open-Source Contributions:

• Developers from across the globe can access Kaspa’s codebase, propose improvements, and help in debugging issues.
• Contributions are reviewed by core developers to ensure quality and consistency.

Kaspa's community-centric model fosters a sense of ownership among its users, encouraging active participation and sustained growth of the project.

Kaspa's Technology and Network

Proof of Work and GHOSTDAG Protocol

Kaspa employs a Proof of Work (PoW) consensus mechanism enhanced by the GHOSTDAG protocol. Unlike traditional blockchain protocols, GHOSTDAG does not discard blocks created in parallel. Instead, it allows them to coexist and orders them in consensus. This approach results in a high-throughput Directed Acyclic Graph (DAG) structure, enabling the network to handle a high volume of transactions securely and efficiently.

Kaspa's blockDAG network aims for 10 blocks per second (BPS) with ambitions to reach 100 BPS, leveraging the parallel processing capability of DAG to significantly improve transaction throughput.

Monetary Policy and Emission Rate

Kaspa features a unique monetary policy that geometrically decreases emissions over time, inspired by the 12-note scale of music. This chromatic phase policy began on May 7, 2022, with an initial block reward of 440 KAS. The block reward reduces monthly by a factor given by the formula ( (1/2)^{(1/12)} ), ensuring a steady decrease in the emission rate.

Figures adapted from Kaspa Documentation.

Mining Algorithm and Security

The Kaspa network is secured by miners using the k-Heavyhash algorithm, chosen for its forward-compatibility with Photonic miners when they become available. This optical-mining ready algorithm, combined with the network’s high-throughput DAG structure, ensures efficient energy use and ultra-secure block formation.

Kaspa’s PoW model, reinforced by the revolutionary GhostDAG consensus mechanism, facilitates decentralized and secure operation without compromise. This combination allows Kaspa to maintain robust security while managing to reduce energy consumption, highlighting its sustainability in comparison to other PoW networks.

Understanding these core aspects of Kaspa’s technology provides insight into its unique position within the cryptocurrency landscape, blending innovative consensus mechanisms with sustainable mining practices.

Speed and Scalability

Kaspa offers remarkable speed and scalability features that set it apart in the crypto space. The network’s blockDAG architecture enables it to generate multiple blocks every second, allowing transactions to be posted to the ledger remarkably quickly. Each transaction becomes visible to the network within one second and is fully confirmed in approximately 10 seconds. This makes Kaspa suitable for everyday, high-frequency transactions.

Energy Efficiency and Sustainability

Kaspa's technology incorporates the kHeavyHash mining algorithm that is designed to be optical-mining ready and more energy-efficient than traditional Proof-of-Work systems. Utilizing a high-throughput Directed Acyclic Graph (DAG) approach and avoiding wasted blocks, Kaspa achieves significant energy savings. The network ensures ultra-secure blocks without compromising decentralization, thanks to a stake-less Proof-of-Work model combined with the innovative GhostDAG Consensus mechanism.

Kaspa’s unique combination of speed, scalability, energy efficiency, and security makes it a compelling option for investors, traders, and crypto enthusiasts looking to explore emerging digital currencies.

How to buy KASPA?

There are two options for purchasing KASPA:

1. Purchase KASPA directly on the Atomic Wallet website.
2. Download and install Atomic Wallet on your device (desktop or mobile), then navigate to the 'Buy Crypto' page.

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