Kaspa(KAS) is a decentralized digital currency and blockchain project that uses blockchain technology to achieve peer-to-peer transactions without central institutions or trust entities. It was founded by an anonymous group of developers in 2017 and was officially launched in 2018. Kaspa's core technology is its unique consensus algorithm, which combines the advantages of proof-of-work and proof-of-stake, aimed at solving the problem of centralization and improving the efficiency of the network.

The project has completed several rounds of financing and has attracted many well-known investors and institutions to participate, such as Binance, Bitmain, and so on. Kaspa's ecosystem includes wallets, exchanges, DApps and other blockchain-based applications, providing users with a full range of blockchain services.

In 2019, Kaspa released its mainnet and token, and in 2020, it launched its decentralized exchange, which greatly improved the liquidity of Kaspa tokens. In 2021, Kaspa announced the launch of its own blockchain network, allowing users to deploy their own applications and smart contracts. At the same time, Kaspa also released its own token, KAS, which has gradually become one of the main tokens in the blockchain industry.

As of 2024, Kaspa has further expanded its ecosystem by establishing a developer fund to support innovative projects aligned with its vision. The project also underwent major technical upgrades, improving network protocols, security, and performance. New features, such as enhanced smart contract capabilities and machine learning integrations, have solidified Kaspa's position as a leading player at the intersection of blockchain and artificial intelligence.

Above are only for introduction, not intended as investment advice.