Kaspa was fair-launched in November 2021 with no pre-mine, zero pre-sale, and no coin allocations, and is 100 percent community-managed. Kaspa is built to be the world's global sequencer for traditional finance and distributed crypto markets by utilizing proof-of-work and its BlockDAG consensus protocol, GHOSTDAG.
In practice, being the world's fastest proof-of-work network, Kaspa combines five properties: (1) hard money principles, (2) Bitcoin's ethos of security-first fundamentals (boasting a security threshold of fifty percent with significant market hashrate), (3) decentralization from rapid block rate mining, (4) block speeds faster than any PoW or PoS network, and (5) smart contract development through based-rollups without fragmented liquidity. In practice, ushering in all five properties, Kaspa is on track to fulfill Satoshi Nakamoto's vision of a digital medium of exchange while also advancing global layer-one sequencing and minuscule confirmation times dominated by internet latency (cf. Latest snapshot shows market cap near $854,328,817, 24h volume around $15,574,914, 24h change down 3.39%. DexBrief is currently monitoring a live market route on Solana. DexBrief is currently blending 4 public market feeds for this market snapshot.
Project references place Kaspa on the Kaspa network. Market data providers usually group Kaspa with Smart Contract Platform, Layer 1 (L1), and Wallets. Research links also include a whitepaper or docs reference and open-source code links for deeper verification.