Key Highlights

• Kaspa Network (KAS) founded by Yonatan Sompolinsky, is a proof-of-work cryptocurrency that implements the GHOSTDAG protocol, which uses a BlockDAG structure.
• A BlockDAG structure is made up of a network of solo transactions connected to multiple other solo transactions, with each transaction in the BlockDAG ensuring validation for the other.
• Kaspa Network has a reported hash rate of 1.2336PH/s, which is used to calculate mining difficulty of blocks. With a higher hashrate, the more secure a network is, as the power needed to carry out a 51% blockchain attack is increased with the hash rate.