Independent explainer

What is Kaspa?

Kaspa is a live proof-of-work network that uses a blockDAG instead of a single chain. Miners can create blocks in parallel, and GHOSTDAG orders those blocks into one shared payment history.

This site separates what is live today, what is targeted for activation, what is roadmap, and what still needs evidence.

What is Kaspa?Network overviewProof of Work, blockDAG, GHOSTDAG, and KAS. Live nowCurrent network statusMainnet facts, Toccata timing, and dated checks. Check claimsLabel before repeatingLive, testnet, targeted, roadmap, research, wrong. RisksRead what can breakAdoption, liquidity, node load, mining, roadmap execution. BuildBuilder statusPayments now, Toccata rules next, vProgs later. SourcesCheck the evidenceReleases, KIPs, docs, APIs, papers, and repo links.
Read What is Kaspa Check what is live Build on Kaspa

New to crypto itself? Start with Start Here.

Parallel blocks ordered by GHOSTDAG A simplified blockDAG with several layers of parallel proof-of-work blocks referencing earlier blocks, plus a highlighted ordering path. A B C D E F G H I J K L M N O
Structure Parallel work stays visible
Rule GHOSTDAG orders history
Boundary Fast inclusion with confirmation risk

Toccata status

Activation scheduled

Rusty Kaspa v2.0.1 is the current Toccata release. Rusty Kaspa v2.0.0 set the activation target at DAA score 474,165,565, roughly June 30, 2026 at 16:15 UTC. The June 27 check still had mainnet below that score.

Open Toccata Explained for what changes, Toccata status for the activation check, or Smart-Contract Status for app wording. Primary sources: Rusty Kaspa v2.0.1 release and v2.0.0 activation release.

ScheduledActivation targetDAA 474,165,565 is the number to watch. What changesUTXO expressivenessCovenants, ZK checks, lanes, based apps, and vProgs boundaries. CapacityTPS of what?Payments, covenants, proofs, tokens, and future app throughput differ. EvidenceRead the primary linksReleases, KIPs, Testnet-10, vProgs, and Argent.

BlockDAG model

Compare the chain and the graph

A simplified model of one selected chain versus a graph that can include parallel blocks before ordering them.

Current view Kaspa blockDAG
Blockchain versus blockDAG visual model A simplified diagram that can show a linear chain, a Kaspa-style blockDAG, or a higher-throughput burst where parallel blocks are still referenced and ordered. A B C X D E One selected path. Competing work falls out of the record. A B C D E F G H I J K Parallel blocks can stay visible, then GHOSTDAG orders the history. 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Higher block rate only helps if the graph stays bounded and ordered.

Network readout

Current network snapshot

Live API readout for orientation. Use a node, explorer, source, or proof path for independent verification.

If the live readout stalls, treat the cards below as temporarily unavailable and use Status and Sources for durable claims.

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Circulating supply Loading

Reported by `api.kaspa.org/info/coinsupply`.

Mined Loading

Circulating supply divided by max supply.

DAG blocks Loading

Current blockDAG count from the network readout.

DAA score Loading

Kaspa's ordering-height style progress marker.

Origin proof

Kaspa.org publishes the fair-launch proof path: empty genesis UTXO set, Bitcoin timestamp anchors, checkpoint linkage, and scheduled emission after the Nov. 22, 2021 checkpoint.

Verify on Kaspa.org

Extra checks: run the proof, REST API docs, and DAGVIZ.

Waiting for live data.

Status

Live, testnet, roadmap, research

Check whether the claim is live mainnet, testnet evidence, roadmap, or research before repeating it.

Live10 BPS PoW blockDAGMining, UTXO ownership, GHOSTDAG, wallets, nodes, explorers. TestnetTN10/TN12 rehearsalBuilder evidence before mainnet activation. ScheduledToccata activationv2.0.0 targets DAA 474,165,565. RoadmapApps that prove rulesRicher app state, based apps, later vProgs, shared ordering. RiskExecution risk remainsLiquidity, node cost, mining concentration, fee demand, apps.

Build path

What can be built now?

Money movement is live. Receipts and source-verifiable reads can be built today. Toccata brings covenant rules and richer proof-based app foundations into the next build path.

Now Move and inspect money

Wallets, payments, receipts, exchange flows, mining/node visibility, and better confirmation-risk UX.

Now Verify receipts

Apps can show txid, amount, address, accepted status, source, timestamp, and fallback verification links.

Toccata work Enforce spending rules

Vault limits, delays, escrow, assurance contracts, asset rules, and bounded UTXO state machines are the near-term app surface.

Later Prove richer app logic

Markets, lending, funding rules, attestations, and shared commitments need richer app-state, custody, oracle, and proof paths.

Build this now

For the full path, open the builder guide.

Transaction path

Wallet to confirmation

A transaction is created, broadcast, mined, ordered, then gains confirmation confidence.

1Create

Wallet prepares inputs, outputs, amount, and fee.

2Broadcast

The transaction reaches nodes and miners.

3Mine

A miner includes it in a proof-of-work block.

4Order

The block joins the DAG and GHOSTDAG orders history.

5Confirm

Confidence increases with more accepted work and time.

Next

Pick the route that matches the question.

Claims checker Toccata status

For deeper review: build on Kaspa, skeptical case, verify yourself, and status updates.

Keep reading

NextStart with the problem

A beginner-first start page for Kaspa Explained: learn crypto from zero, then understand coins, market value, tradeoffs, and where Kaspa fits.

 StatusKaspa current status

A compact status page for Kaspa: what is live, what is targeted, what is roadmap, what remains research, and which common claims need context.

 SourcesSources for Kaspa Explained

Source hierarchy, public reference map, and credited external learning resources used by Kaspa Explained.