Kaspa – Time To Buy Crypto

Is it a good time to buy Kaspa right now?

Current Price: $0.01

Average Daily Volume

Kaspa is currently ranked number 264 worldwide with a daily trading volume of $1,717,869.00, which it will make it not so easy for you to sell your holdings of Kaspa.

Rating: 2/5

Market Cap

Kaspa has a total market cap of $119,002,095.00.

Rating: 5/5

Community

Kaspa has 96,041 total followers in all its social media accounts.

Rating: 5/5

All Time High

Kaspa is currently -27% from its highest price $0.01 on 2022-11-27.

Rating: 4/5

Price Potential

The Kaspa price has the potential to increase to $4.05 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Kaspa right now.

Overall rating: 4/5

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What Is Kaspa?

Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. Whereby our blockchain is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer). This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

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