Kaspa in one screen
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, receipts, and accepted-transaction checks exist today. Toccata activated at DAA 474,165,565; vProgs, native DeFi, and DAGKnight need separate evidence. The May 2026 TN10 activation and hardening tests are testnet evidence.
Summary
Kaspa is a mined UTXO network trying to make Proof-of-Work payments feel closer to real time. The claim is that 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, transfers, receipts, and accepted-transaction checks.
Still open: full vProgs, DAGKnight, native DeFi, TangVM/oracle systems, mature Toccata-era apps, and full app-to-app atomic composition.
One-line read
Bitcoin-style mining culture, seconds-scale user feel, blockDAG ordering, verifiable receipts today, and future apps that prove their own rules.
Transaction payloads and accepted-transaction checks are live L1 evidence paths. Toccata-era app rules, native assets, and vProgs still need separate receipts, wallet support, explorer support, and product evidence.
Suggested wording
| Use | Avoid |
|---|---|
| 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 with confirmation risk. | Real-time means instant finality. |