@etherealembrace
Kaspar is considered a next-generation Layer 1 network that addresses scalability issues while maintaining Bitcoin's security and decentralization. While Bitcoin takes an average of 10 minutes to generate a new block, Kaspar processes 10 blocks per second, enabling instant confirmation. This allows for faster, cheaper transactions while ensuring security.
In particular, it adopts a Layer 1 zero-knowledge proof (ZKP) architecture, allowing all applications to run directly on Layer 1. Furthermore, its proprietary GHOSTDAG protocol overcomes the "blockchain trilemma" (balancing speed, security, and decentralization), a persistent industry challenge. While existing blockchains process transactions sequentially, Kaspar implements a web-like parallel processing approach, significantly improving speed and efficiency.
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