Cryptocurrency Q&A
On what blockchain is Kaspa?
On what blockchain is Kaspa?
ShintoMystic
Sat Aug 24 2024
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5 answers
1006
Excuse me, could you please clarify which blockchain Kaspa is built on? I'm interested in understanding the technical foundation of this cryptocurrency and how it differs from others in terms of its underlying technology. Additionally, I'd like to know if Kaspa has any unique features or advantages as a result of being built on its chosen blockchain. Thank you for your time.
5 answers
TaegeukChampionship
Mon Aug 26 2024
Traditional blockchains often orphan blocks that are created in parallel, leading to a waste of computational resources. However, GHOSTDAG breaks this mold by embracing parallel blocks and incorporating them into the blockchain.
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Isabella
Mon Aug 26 2024
In the GHOSTDAG framework, parallel blocks are not discarded but rather allowed to coexist, fostering a more inclusive and efficient blockchain ecosystem. This approach not only enhances the security of the network but also promotes decentralization.
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JejuSunshineSoulMateWarmth
Mon Aug 26 2024
The consensus mechanism within GHOSTDAG orders these parallel blocks in a way that ensures the integrity of the blockchain while maximizing its scalability. This innovative design allows Kaspa to handle higher transaction volumes and reduce latency.
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Michele
Mon Aug 26 2024
Kaspa, a novel cryptocurrency, utilizes the GHOSTDAG protocol, a groundbreaking advancement in blockchain technology. This protocol stands apart from conventional blockchains by its unique approach to block validation.
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MysticEchoFirefly
Mon Aug 26 2024
As a top cryptocurrency exchange, BTCC offers a wide range of services tailored to meet the diverse needs of crypto enthusiasts. Among its offerings, BTCC provides spot trading, enabling users to buy and sell cryptocurrencies at current market prices.
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