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This video answers the questions: What is Kaspa? What is Kaspa KAS Crypto? How does Kaspa Blockchain work? - Kaspa KAS Crypto Blockchain with GHOSTDAG Protocol will be explained.
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Timestamps:
0:00 Introduction of Kaspa
0:38 What is Kaspa?
1:40 How does Kaspa work?
2:50 What is Directed Acyclic Graph (DAG)?
3:12 What is PHANTOM GHOSTDAG?
3:52 How to become a Kaspa miner?
4:23 Kaspa summary
4:50 Video end
The fastest, open-source, decentralized, and completely scalable Layer-1 in the world is Kaspa. BlockDAG, which employs the kHeavyHash hashing algorithm and proof-of-work (PoW) consensus, is the foundation of the Kaspa cryptocurrency project.
The community project Kaspa makes use of the Bitcoin, Litecoin, and Monero blockchains.
Kaspa tracks transactions using a DAG (directed acyclic graph), as opposed to conventional cryptocurrencies that use blockchains. This makes the network far more scalable than Bitcoin and other earlier cryptocurrencies by enabling it to process numerous blocks at once.
The GHOSTDAG protocol, which is also used by Kaspa, enables orphaned blocks to coexist and be sorted in consensus, enhancing network security.
In this video, we are going to deep dive into the scene of Layer-1 solution, where Kaspa with its native currency KAS gained big traction around the crypto community.
Not only in this video various crypto topics will be explained. Remember to leave a like, and subscribe to the channel for more materials like this.