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The KREDIT Cryptocurrency on KASPA
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WHAT IS KREDIT?
KREDIT is a new cryptocurrency deployed within the KASPA blockchain ecosystem. KREDIT’s objective is to be a major contributor to the eventual broader adoption and growth of the KASPA ecosystem.
It utilizes the KRC20 standard, a tokenization framework built on top of KASPA, similar to how ERC-20 tokens operate on Ethereum. This enables KREDIT to leverage the powerful features of the KASPA network.
GHOSTDAG PROTOCOL
KASPA employs the GhostDAG/PHANTOM protocol, a consensus mechanism that enhances transaction speed and finality compared to traditional blockchains. This can translate to faster and more efficient transactions for KREDIT.
BLOCKDAG NETWORK
KASPA aims to address scalability challenges by enabling parallel block production through the revolutionary blockDAG ledger architecture, leading to higher transaction throughput for KREDIT and other currencies launched on the platform.
Note: This information is for general knowledge and educational purposes only and should not be considered financial advice.
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TOKENOMICS
1 BILLION SUPPLY
1000 KREDIT PER MINT
5% PREALLOCATION
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ROADMAP
PROGRESS UPDATE
Currently working on the platform.