Real-time Proof of Work.
Kaspa keeps mined money and UTXO ownership, then changes the shape of the ledger. Instead of forcing every honest block into one slow line, it uses a blockDAG and GHOSTDAG so parallel honest work can stay in the record and still be ordered.
Kaspa is live as Proof of Work, UTXO ownership, GHOSTDAG, a blockDAG, and the Crescendo-era 10 BPS network. Wallets, explorers, nodes, mining, transfers, and KRC ecosystem tooling exist today. Toccata, native app rules, vProgs, and DAGKnight need separate activation evidence.
The short version.
Kaspa is a mined UTXO network trying to make Proof-of-Work payments feel closer to real time. It is interesting because it tests whether Bitcoin-style mining can support lower-latency usage without becoming a normal centralized fast database.
What is live: PoW mining, UTXO ownership, blockDAG structure, GHOSTDAG ordering, 10 BPS mainnet, wallets, explorers, nodes, mining, and ecosystem tooling around KRC20/KRC721 standards.
What is not live: Toccata mainnet activation, full vProgs, DAGKnight, native DeFi, TangVM/oracle systems, and full app-to-app atomic composition.
The short read.
Bitcoin-style mining culture, seconds-scale user feel, blockDAG ordering, ecosystem-token tooling today, and future apps that prove their own rules.
KRC standards are ecosystem tooling today. Toccata, native assets, and vProgs remain separate protocol and roadmap work.
Say it cleanly.
| Say this | Not this |
|---|---|
| Kaspa is a live PoW blockDAG using GHOSTDAG. | Kaspa has already shipped every roadmap item. |
| Kaspa improves PoW inclusion and confirmation dynamics. | Kaspa removes all finality delay or has unlimited throughput. |
| Kaspa has a future roadmap for apps that prove rules and share ordering. | Native DeFi and mature smart contracts are live today. |
| 10 BPS is live, while TPS depends on measurement context. | Every big testnet or lab number is normal mainnet throughput. |
| Real-time means fast mined user feel, not instant irreversibility. | Real-time means instant finality. |