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A comprehensive introduction to the issuance time price and tot

Date:2024-08-01 18:20:16 Channel:Exchange Read:


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The cryptocurrency market is becoming increasingly active, and there are many new coins that stand out. KAS has attracted a lot of attention from investors with its unique value and liquidity. However, whether to invest in KAS, investors still need to have an understanding of its basic information, such as the issuance time, issuance price, and total issuance of KAS. Through this information, we can make a prediction on the investment value of KAS. According to official data, the issuance time of KAS is June 1, 2022, but the issuance price is unknown, and the total issuance is 28.704 billion. Next, the editor of the currency circle will talk about this KAS in detail to provide a reference for everyone's investment. 

 KAS issuance time, issuance price, and total issuance

According to the official data set, the issuance time of KAS is June 1, 2022, the issuance price is unknown, and the total issuance is 28.704 billion.

KAS is a proof-of-work (PoW) cryptocurrency based on the GHOSTDAG protocol. It is the native token of the Kaspa network and is used to pay transaction fees and developer fees in the network. Kaspa Network is an open source, decentralized and fully scalable Layer-1 network that provides the world's fastest and most scalable transactions while ensuring security and decentralization.

As an emerging cryptocurrency project, KAS coin has broad development prospects. Kaspa Network solves the trade-off between scalability, speed and security faced by traditional blockchains, and provides a high-performance, efficient and secure Laver-1 network that can support a variety of applications and scenarios, such as decentralized finance (DeFi), privacy protection, digital identity, Internet of Things, etc. KAS coin, as the native token of Kaspa network, will also benefit from the development and growth of the network and become a valuable and useful cryptocurrency.

 What is the highest price of KAS coin in history?

According to existing data records, the highest price of KAS coin in history is $0.1536, which occurred on November 19, 2023, and the lowest price in history is $0.004584, which occurred on January 11, 2023.

Kaspa is a new blockchain platform that solves the problems of scalability, security and interoperability. The Kaspa community prioritizes decentralization, which is fundamental to the cryptocurrency community and blockchain technology. Therefore, the community is also committed to transforming itself into a decentralized autonomous organization (DAO) that adheres to the PoW consensus mechanism.

Technically, Kaspa was founded by Yonatan
Sompolinsky, an early developer and major contributor to Ethereum. Kaspa also implements the GhostDAG protocol designed by Yonatan (an enhanced version of the PHANTOM protocol) and follows the Nakamoto consensus. This allows you to achieve higher transactions per second (TPS) without compromising security.

Kaspa is based on the GhostDAG architecture, which combines the DAG and GHOST consensus algorithms to achieve faster transaction speeds and better scalability.

Unlike traditional blockchains, GHOSTDAG does not isolate blocks created in parallel, but allows them to coexist and order them in a consensus manner. The Kaspa blockchain is actually a blockDAG. This generalization of the Nakamoto consensus allows for secure operation while maintaining a very high block rate and extremely small confirmation times dominated by Internet latency.

The above content is a comprehensive introduction to the issuance time, issuance price, and total issuance of KAS coins. Kaspa's GHOSTDAG consensus algorithm provides a high level of security, and by combining the consensus mechanism based on PoW and DAG, Kaspa's resistance to attacks has increased by 51%. Its GHOSTDAG consensus algorithm is decentralized by design, which also means that no single entity can control the network. It uses multiple nodes to propose and verify transactions to ensure that no node has too much power. In addition, there are 5 main differences between Kaspa's GHOSTDAG and ordinary DAG, namely security, scalability, speed, interoperability, and decentralization.

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