{"id":572387,"date":"2024-02-04T19:00:52","date_gmt":"2024-02-04T19:00:52","guid":{"rendered":"https:\/\/wncen.com\/?p=572387"},"modified":"2024-02-05T12:43:34","modified_gmt":"2024-02-05T12:43:34","slug":"what-is-kaspa-kas-blockchain","status":"publish","type":"post","link":"https:\/\/wncen.com\/kaspa\/what-is-kaspa-kas-blockchain\/","title":{"rendered":"What Is Kaspa (KAS)?"},"content":{"rendered":"

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What Is Kaspa?<\/strong><\/h2>\n

The Kaspa (KAS) blockchain<\/span><\/a> is a decentralized, open-source, and scalable Layer-1 solution often referred to as “Bitcoin 2.0” or “the next Bitcoin.” However, Kaspa is unique in its own way despite functioning very similarly to Bitcoin. Just like Bitcoin, Kaspa is a <\/span>proof of work (PoW)<\/span><\/a> cryptocurrency, but unlike other traditional blockchains, Kaspa implemented the <\/span>GHOSTDAG protocol<\/span><\/a>.<\/span><\/p>\n

This protocol is unique in the fact that it does not have orphan blocks created in parallel. Rather, it allows them to coexist and orders them in consensus. This makes Kaspa the first of its kind to do this, with the <\/span>blockDAG<\/span><\/a> (Block Directed Acyclic Graph) protocol being a generalization of Nakamoto\u2019s consensus.<\/span><\/p>\n

The Founder And The Team Behind The Kaspa (KAS) Network<\/b><\/h2>\n

The founder of Kaspa is Yonatan Sompolinsky, a Ph.D. in Computer Science at Havard University and a member of the Maximal extractable value (MEV) research team. He was also in Ethereum’s whitepaper and rumored to be in Ripple’s whitepaper as well.<\/span><\/p>\n

Related Reading: How To Buy And Trade BRC-20 Tokens On The Bitcoin Network<\/a><\/div>\n

Sompolinsky had direct input in creating <\/span>Ethereum’s<\/span><\/a> technology design, having designed the GHOSTDAG protocol earlier. Interestingly, the founder’s 2013 paper on the GHOSTDAG protocol is cited in Ethereum’s whitepaper.<\/span><\/p>\n

The development team is made up of very talented individuals such as Cryptography Researcher Elichai Turkel, Doctoral student Shai Wyborski, Developer Ori Newman, Master of Computer Science Michael Sutton, and Developer Mike Zak. They have all contributed to the implementation and ongoing development of the Kaspa blockchain network.<\/span><\/p>\n

\"Kaspa<\/p>\n

Differences And Similarities Between Kaspa (KAS) And Bitcoin (BTC)<\/b><\/h2>\n

At the very base of its technology, Kaspa is very similar to the Bitcoin network in the way it\u2019s structured. Some of these similarities are outlined below:<\/span><\/p>\n