What does Kasplex add to Kaspa's blockDAG?

Kasplex brings Ethereum-compatible smart contracts and DeFi to Kaspa's fast proof-of-work blockDAG. Smart contracts are self-executing programs stored on a blockchain — they run automatically when conditions are met, with no central party needed to enforce them. DeFi, short for decentralized finance, refers to financial applications built on top of smart contracts. Because Kasplex is Ethereum-compatible, the large ecosystem of Ethereum development tools and applications can be ported to Kaspa's high-speed PoW blockDAG without starting from zero. This matters to beginners because it means Kaspa can now host a programmable application layer, not just peer-to-peer transfers.

Not financial advice. This content is for education only. Nothing here is financial advice.