KAS is the native cryptocurrency of the Kaspa ecosystem. Kaspa is a fast, open-source, decentralized, and fully scalable Layer-1 blockchain. It utilizes the GHOSTDAG protocol, which allows isolated blocks to coexist and be sorted through a consensus mechanism.
Kaspa employs BlockDAG to address scalability issues associated with traditional blockchain operations. The Kaspa mainnet operates at a speed of one block per second (1 bps), ensuring both high security and support for a high transaction rate.
The maximum supply of KAS is 2.87 billion tokens. KAS plays a vital role in verifying transactions and incentivizing users to maintain the network's integrity. The KAS release schedule indicates a continuous reduction of tokens through a burning mechanism, enhancing the scarcity of the Kaspa ecosystem, driving price appreciation, and sustaining long-term growth.
Purchase KAS Process
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How to Buy Other Crypto Currencies
Given the market nature of cryptocurrencies, the price of KAS is subject to high market risks and price fluctuations. We recommend that you understand the operation principles of digital assets and related risks before investing in digital assets. Other factors to consider when formulating a cryptocurrency investment strategy include your own experience level, financial condition, investment goals, and risk tolerance. It is also recommended to consult an independent financial advisor before purchasing cryptocurrency. The information provided is for reference only, and LBank does not guarantee its accuracy.