Kaspa Wallet Features & How It Works - Review from Verge Hunter

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KaspaWalletFeatures&HowItWorks -ReviewfromVergeHunter

KaspaisaPoW(proof-ofwork)basedprojectonthe GHOSTDAGprotocol.It’sa generalversionofthe Nakamotoconsensus theprojectisopen-sourced, community-based,andfollowsno centralgovernanceorbusiness model.Theideawasfirst implementedbyYonatan SompolinskyandAvivZoharin 2016.

processes1blockpersecond. However,theteamisworking toincreasethislevelto10or even100blockspersecond Also,theKASPAprojectis stillintheearlyphase.Users mayexperiencesomebugs ornetworkconnectionissues

Currently,theKaspatestnet

Moreover,wewillexplain howyoucanaccessanduse theweb-basedapplicationof theWallet. tocreateanewwallet,clickonthis option.Theapplicationwillaskyou tosetupyourwallet’spassword. Next,itwillshowyouthe12-word backupphraseandaskyoutoverify someofthekeyphrases.

Onthewallet’slandingpage,you canseetheReceiveAddress. Then,userscanusethisaddress ortheQRcodetogetaKAS tokenfromtheexchangeorany otherKaspawallet. HowtoSendFunds FromaKaspaWallet

Thesendoptionallowsyouto transferyourKAStokentoanother Kaspawallet.Totransfer,clickon theSendbutton.Younowneedtofill intherecipientaddress,theamount youwishtosend,andanote (optional). tUserscanalsosetthepriorityfeeforthetransaction.Then,youneedtoconfirmtheransaction.YoucandoitwiththeSendoption.

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