Mainnet launched in November 2021, with no premine, insider allocation or pre-sales, in accordance with the undertaking’s personal lore web page.
Official undertaking materials states that DAGLabs, concerned in early analysis and improvement, later renounced possession, transferred the undertaking to the general public area and dissolved.
On the technical aspect,
Kaspa makes use of a blockDAG construction reasonably than a linear blockchain, and its GHOSTDAG consensus protocol orders parallel blocks as an alternative of discarding them
, in accordance with CoinMarketCap’s explainer. That design is meant to help quicker block manufacturing whereas protecting Bitcoin-style proof-of-work safety.
The largest current change got here with the Crescendo onerous fork.
The Could 2025 improve, which adopted a full rewrite of the node software program in Rust, raised the block charge to 10 blocks per second.
At launch, Kaspa ran one block per second.
Till spring 2025, the community ran at one block per second.
Current Developments and What Comes Subsequent
Growth has continued into the anniversary interval.
CoinMarketCap lists a scheduled 5.6% block reward lower on November 5, 2026, as a part of the community’s month-to-month emission discount.
Crypto Ticker experiences the reward per block fell from 2.060 to 1.945 $KAS on November 4, 2026.
Dates differ barely between the 2 sources.
Ecosystem work can be underneath method.
Builders printed a proof-of-work oracle design on November 3, 2026, aimed toward creating Kaspa’s first native stablecoin, referred to as Kaspa Greenback.
Kaspero Labs additionally launched an open-source simulator on November 2 to audit SilverScript contracts earlier than deployment.
Group plans are in place for the milestone as effectively.
KasMap lists a Kaspa fifth Anniversary Celebration on November 28
, alongside a deliberate hackathon at EPITA Paris.
Community utilization figures akin to transaction counts and pockets addresses come from on-chain information and might differ by explorer and counting methodology. Readers ought to test them in opposition to a block explorer earlier than counting on them.
Sources
Kaspa.org: Temporary historical past and mainnet overview
CoinMarketCap: What Is Kaspa ($KAS) and How Does It Work
LearningCrypto: Kaspa ($KAS) Overview
