What is Kaspa cryptocurrency? Tokenomics of the $ kas explained

👉 What is Kaspa? Kaspa claims to be the faster, fully open, decentralized and scalable layer 1 blockchain in the world. Kaspa is a layer 1 blockchain that aims to be digital money for a digital future. In short, Kaspa wants to be what Bitcoin should have been. Kaspa is also the first blockdag in the world, a type of digital lace book that allows parallel blocks to coexist and provide confirmation of almost instant transactions. It also uses the Ghostdag consensus protocol, which is the consensus mechanism that organizes all these parallel blocks. This is done by ordering transactions in a linear flow, which helps increase network processing speed. This allows blockchain to quickly see if users have enough funds to perform transactions or if these funds have already been spent elsewhere, which massively reduces the block confirmation time. 👉 Tokenomics of the $ kas The Kaspa Token Kas has a maximum offer of 28.7 billion currencies, and a current circulating offer of 17.7 billion, with a release schedule that reduces by half each year. However, unlike bitcoin, which dramatically reduces when this happens, Kaspa reaches a soft monthly reduction, reducing the supply gradually throughout the year. Unlike the participation tokens of participation, which often have pre-sales rounds, Kaspa has made a fair release, which means there was no pre-mineration and no token kas was given to initial investors or adopters. Time Markers ⏳ 00:00 Introduction 0:42 What is Kaspa? 2:03 How does Kaspa work? 3:41 What makes Kaspa unique? 5:48 tokenomics of kas