Kaspa
KAS
$0.15

Sector

POW

Exchange Debut

2022-01-06

Market Cap

3,693,727,636

Maxim Supply

28,704,026,601

Circulating Supply

24,013,810,427

Circ. Supply(%)

83.66%
kaspa logo

Kaspa

KAS

Price

$0.15

Market Cap

Sector

Exchange Debut

3,693,727,636
2022-01-06

Volume 24h

High 24h

Low 24h

63203765
0.155429793728
0.14462953341

Change 24h

Change 7d

Change 30d

0.1175
1.0916
9.5081

Maxim supply

Circulating supply

Circulating supply(%)

28,704,026,601
24,013,810,427
83.66%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Kaspa cryptocurrency:

KASPA is a unique Proof-of-Work (PoW) cryptocurrency built on the GHOSTDAG protocol, aiming for scalability and reduced confirmation times. With an impressive block rate and a myriad of advanced features, the project has garnered significant attention. According to a comprehensive fundamental analysis of the KASPA cryptocurrency, it scores a 7.51 out of 10, indicating strong potential but with areas requiring improvement.

SOCIAL & MASS MEDIA: Score 7.4 out of 10

The KASPA project boasts robust community activity, scoring a 10 out of 10 in that aspect. However, the activities of social media administrators are a weak point, with a score of just 2 out of 10. This discrepancy suggests that while the community is active and engaged, more could be done to maintain a consistent and professional social media presence.

AUDIT & SECURITY: Score 6.05 out of 10

Transparency is a strong suit for KASPA, with a perfect score of 10 out of 10. However, audit results fall short, bringing down the overall score. This makes the fundamental analysis of the KASPA cryptocurrency crucial for potential investors looking for secure and transparent options. Increased focus on improving security audits could greatly benefit the project.

TOKENOMICS: Score 8.5 out of 10

With a high score in token economics, KASPA appears to be a well-structured cryptocurrency. Its decentralized monetary mass is a highlight, scoring a perfect 10 out of 10. However, there’s room for improvement when considering the inflationary nature of the token, which scored an 8.

ECOSYSTEM DEVELOPMENT: Score 6.8 out of 10

One of the weaker aspects according to the fundamental analysis of the KASPA cryptocurrency is ecosystem development. Both the achievement of objectives and plans for new developments scored low, at 3 out of 10. This area is crucial for long-term viability and should be a focus for improvement.

TEAM & DEVELOPERS: Score 7.8 out of 10

The team behind KASPA is highly experienced, as evidenced by a score of 9 out of 10. However, the relatively low number of software developers could potentially limit the project’s pace and scope of development.

PRODUCT & UTILITY: Score 8.02 out of 10

The utility of KASPA’s product and tokens within its ecosystem is commendable, scoring above 7 in both sub-criteria. This is an encouraging sign for any potential investor conducting a fundamental analysis of the KASPA cryptocurrency.

PARTNERS & INVESTORS: Score 7.75 out of 10

The project does well in terms of its partnerships and investors, offering a balanced ecosystem for growth. This gives it a solid foundation but suggests there’s still room for expansion.

Fundamental analysis of Kaspa cryptocurrency – The final conclusion

In light of the fundamental analysis of the KASPA cryptocurrency, this project presents a mixed bag of opportunities and risks. On one hand, the strong tokenomics and social media presence indicate good market potential. On the other, the areas of security and ecosystem development need attention to fully capitalize on its advanced technological infrastructure. As an investment opportunity, KASPA poses moderate risks, mainly in terms of its developmental milestones and security. However, if the team focuses on these areas, KASPA could evolve into a strong contender in the cryptocurrency space.

Kaspa is a community project – completely open source with no central governance – following in the ethos of coins like Bitcoin, Litecoin, or Monero.
Kaspa was developed to solve the trilemma in the usage of digital assets: Security, Scalability, and Decentralization. Utilizing a revolutionary blockDAG as opposed to blockchain, Kaspa allows the fastest, scalable, and most secure transactions with absolutely no sacrifice to decentralization.
Kaspa is the world’s first blockDAG- a ledger architecture enabling parallel blocks & instant transaction finality. Propagated by a robust proof-of-work engine with rapid single-second block intervals, Kaspa is an open-source, decentralized, & fully scalable Layer-1.

BlockDAG
Kaspa is the first blockDAG cryptocurrency (no blockchain). A blockchain is a linear system, where transactions are recorded in blocks, which are ordered by time and sealed. A blockDAG is a directed acyclic graph- a mathematical structure where the vertices represent blocks & edges reference child/parent blocks. This novel implementation of distributed ledgers is the first of its kind – permitting next-generation scalability, high throughput transactional bandwidth, instantaneous confirmations, while remaining decentralized. Please read below for more detailed technical information on blockDAGs.

Kaspa Features:
Fastest Transactions
Instant Confirmation
Scalable
Efficient Proof-of-Work
Security

Nakamoto Consensus Engine
Nakamoto consensus, named aptly after Satoshi Nakamoto, is the very first consensus engine based upon a proof-of-work mechanism and is to this day still securing the bitcoin network, as well as many other Proof-of-work cryptos, including but not limited to, well known cryptocurrencies such as Litecoin, Bitcoin Cash, and ZCash.

The security properties of the Nakamoto consensus have been proven mathematically, are considered theoretically sound, and have been tried and tested practically in Bitcoin and its variants, over the last 14 years, without any major incidents. The bounds for manipulating the blockchain are both simple and verifiable; Any actor who wishes to exploit the blockchain must control over 50% of the hashrate (i.e. computing power) on the network. This, as the network grows, is considered to become evermore infeasible.

This simple concept is one of the main factors why trust in Bitcoin remains high, and a catalyst behind it being adopted, as both a store of value, and a payment system, by many mainstream institutions worldwide.

In contrast, many new forms of consensus, that have moved away from the original Nakamoto consensus vision have adopted a proof-of-stake approach which seeks to scale and add speed at the expense of decentralization.

Fundamental analysis of the Kaspa cryptocurrency

Kaspa - KAS performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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