Kaspa (KAS): what you need to knowKaspa (KAS): what you need to know

Kaspa (KAS) is a decentralized digital currency launched on 7 November 2021. It allows users to send value quickly and at low cost, without a bank or intermediary. Instead of a traditional blockchain, Kaspa uses a smarter structure: rather than one at a time, multiple blocks are created and processed simultaneously. This makes the network significantly faster than traditional Proof-of-Work networks. The maximum supply of KAS is set at 28.7 billion coins, nearly all of which are already in circulation through open mining.

Source: https://kaspa.org/lore

Kaspa operates on a BlockDAG (Directed Acyclic Graph). In a traditional blockchain, blocks are added one at a time, like links in a chain. In Kaspa, multiple blocks can be created and confirmed simultaneously. This is made possible by the GHOSTDAG protocol: a consensus mechanism that does not discard parallel blocks, but processes and orders them. The result is a network capable of ten blocks per second, with confirmation times of less than one second. Kaspa uses Proof-of-Work with the kHeavyHash algorithm, combining the security of PoW with a much higher throughput than Bitcoin.

• Ticker: KAS

• Category: Digital currency / Layer 1

• Blockchain: Kaspa BlockDAG

• Protocol: Proof-of-Work (PoW), kHeavyHash / GHOSTDAG

• Year of launch: 2021

Kaspa combines the trusted Proof-of-Work mechanism with an innovative block structure. Instead of a linear chain of blocks, Kaspa uses a BlockDAG: a network of blocks that arise in parallel and are ordered via the GHOSTDAG protocol. Following the Crescendo update (May 2025), the network processes ten blocks per second. Confirmation times are determined by internet latency, not by the protocol itself. This makes Kaspa one of the fastest Proof-of-Work networks in the world.

The ecosystem around Kaspa consists of miners, developers and users who send and receive KAS. Kaspa had no pre-mine: all KAS entered circulation through open mining, without a presale or venture capital. The project is open source and community-driven, with no central organization or shareholders. The issuance of new KAS gradually decreases via a unique emission model based on the 12 notes of the musical scale. Each month the block reward decreases slightly, so the total supply never exceeds 28.7 billion KAS.

Kaspa was developed by Yonatan Sompolinsky, a computer scientist and one of the authors of the GHOSTDAG protocol. Sompolinsky published his research on BlockDAG consensus protocols years before Kaspa was launched. On 7 November 2021, the Kaspa network went live, without a pre-mine, without a presale and without involvement from venture capital firms. All KAS were put into circulation through open mining.

BTC Direct has been Europe's go-to place to buy crypto since 2013. We make buying Kaspa straightforward, even if it's your first time:

• Trusted across Europe. BTC Direct is registered with De Nederlandsche Bank (DNB) and operates under MiCA, the EU regulation for crypto.

• Familiar payment methods. Pay with iDEAL, Bancontact, Sofort, SEPA bank transfer, credit card, PayPal or Apple Pay. Your KAS is on its way within minutes.

• Your coins, your control. We do not hold your KAS. After your purchase, your coins are sent directly to your own wallet address.

• Based in the Netherlands, serving all of Europe. Our experts are based in the Netherlands and help you in your language within the SEPA zone. Need help? We are here for you.

• Start with a small amount. From as little as 30 euros. The minimum varies per coin.

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Note: for more information about this crypto asset, please consult the official project sources at https://kaspa.org.

Cryptocurrencies, including Kaspa (KAS), are volatile and carry risks. The value of KAS can fluctuate significantly and investments can lead to financial losses. Always do your own research and only invest money you are willing to lose.

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