What is Kaspa
Unlike traditional blockchains that discard competing blocks as orphans, Kaspa incorporates all mined blocks into a DAG. The consensus layer orders them into a canonical sequence, preserving Bitcoin's security model while achieving throughput impossible on a linear chain.
BlockDAG
All mined blocks are incorporated — no orphans, no wasted PoW. Miners work in parallel, contributing to security simultaneously.
GHOSTDAG
A scalable generalization of Nakamoto Consensus. Same 51% Byzantine fault tolerance, but without the throughput ceiling of linear chains.
Fair Launch
November 2021. Zero pre-mine, zero pre-sale, zero VC allocations. Fully community-maintained with no central authority.
Hard Money
28.7B max supply with chromatic halvings — smooth monthly emission decay. Fixed monetary policy secured by ASIC PoW.
Explore
Learn
Understand Kaspa's core properties, tokenomics, and why BlockDAG matters.
Architecture
GHOSTDAG protocol, DAGKnight, consensus parameters, UTXO model, and mining.
Ecosystem
KRC-20 tokens, wallets, L2 rollups, SilverScript, and the Kaspa community.
Crescendo
The May 2025 hardfork that took Kaspa from 1 to 10 blocks per second.
Development
rusty-kaspa, repositories, build requirements, and how to contribute.
KIP Index
All Kaspa Improvement Proposals — the formal protocol change mechanism.
Project Staghunt
Coordination Markets — binding primitives for collective action on BlockDAG infrastructure.
Most collective action failures aren't Prisoner's Dilemmas — they're Stag Hunts. Nobody is incentivized to defect. Everyone wants to cooperate. The problem is that moving alone is catastrophic. What's missing isn't enforcement against selfishness. What's missing is a mechanism to bind shared commitments.
Project Staghunt explores how Kaspa's real-time BlockDAG — atomic UTXO transactions, sub-second finality, programmable covenants — can serve as infrastructure for coordination markets: cryptographic conditional commitments that execute atomically when participant thresholds are met.
The Thesis
The internet as a failing democracy, Azazel vs Moloch, why coordination — not coercion — is the remedy, and who should build it.
The Mechanism
How Coordination Markets work: intendos, packs, hunts, four axioms, DVPs for privacy, and the technical stack required.
Stags in the Wild
Liquidity migration, platform bootstrap, network effect escapes — where coordination markets unlock new equilibria.