Kaspa
Crypto Overview
Overview
Kaspa is a proof-of-work cryptocurrency that implements the GHOSTDAG protocol, a parallel DAG (Directed Acyclic Graph) structure that claims to achieve high transaction throughput while maintaining security. The project aims to solve Bitcoin's scalability limitations while preserving its core principles of decentralization and security.
Purpose and Utility
Kaspa's primary purpose is to serve as a fast, secure medium of exchange and store of value. The project introduces technological innovations in block processing that allow for block times of 1 second while maintaining strong security guarantees. This makes it particularly suitable for everyday transactions and micropayments.
Technology and Development
The project demonstrates active development with regular GitHub commits and protocol improvements. The GHOSTDAG protocol represents a genuine technological innovation in the blockchain space, particularly in how it handles block ordering and consensus.
Current Usage and Adoption
Kaspa has gained traction in the mining community due to its ASIC-resistant mining algorithm. The network maintains a healthy hashrate with significant decentralization among miners. Trading volume and market adoption are growing, though still in early stages.
Token Distribution
Kaspa had no ICO, pre-mine, or venture capital funding. All tokens are created through mining, similar to Bitcoin's distribution model. This indicates a fair launch with no preferential distribution to founders or early investors.
Revenue Model
The project's economic model is based purely on mining rewards and transaction fees, with no lending, staking, or interest-bearing mechanisms involved.
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The founders are zionists and they support openly the Palestinian genocide!
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lets report their social pages and try to find hackers to shut down their website
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I totally disagree with the the founders and disgust what they say about our palestenian brothers and sister however they distinguish the Kaspa from their opinions.In telegram group they tryto keep politcs out of Kaspa.One of the Kaspa researcher,Shai,says he pedentically separated his opinion from Kaspa.He has even bad thoughts about Netanyahu.I also saw one person in Telegram group from palestine.
In addition to that, this is just a layer 1 cyrpto project that aims to be stateless money.Decentralization is one of the most important aspect of cyrpto world and this project also.
This project also does not affect from ups and downs of the market compared to other project in the market,so muslims who made huge gains from this project can donate part of their money to muslim such as Palestians,Uyghur Turk(The muslims under opression...)In addition to that most of the coins in the market have partnerships with companies that supports oppresion to muslims economically or indirectly.For example,some coins have relation with huawei who made devices to detect Uyghur and some of them have relationship with Nvdia.We can increase the numbers of them.At the end,there will be no coin left:)If we do not own such a technolgically comfortable coins,somebody who supports oppresions to muslim will buy,get wealthier and use it against us.
In my opinion, the status of coin should be changed to questionable or comfortable,since it is techonolgy halal according to scholars.As far as I know,also our prohpet does not bring prohobitions to non-muslims during war time,if it is not going to harm any other muslim,since it is coin how can it can harm us.At least if we did not hold it can be worse.
Let's think about stocks.All most all of the companies have deal with intrest.Yes I know, we have to purify then its become comfortable or halal but indeed we are supporting them when we look from wider perspective.
By the way, I also sold my Kaspa holdings after here this from your page,but it may not be the best action.
I am expecting your comments.Allah knows the best
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Thank You brother for updating the status. Jazak’allah
You are welcome, thanks for the notice.
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Brother I have recently found out after going through the activities of KASPA core team (founder, research head & core developers) on twitter (X) that they are sympathetic towards IDF.They justify the actions committed by IDF forces.
I feel uncomfortable to be associated with this project. I have sold my holdings.
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