Tag: KRC-20 tokens

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KRC-20 Tokens

KRC-20 Tokens

KRC-20 tokens are fungible tokens on Kaspa BlockDAG. They follow a standard that defines a set of rules for tokens to interact within the ecosystem. KRC-20 provides a common interface for token transfers, approvals, and supply management. These tokens can represent assets, utility tokens, or serve other functions within decentralized applications (dApps) built on Kaspa. The standard includes methods like totalSupply, balanceOf, transfer, transferFrom, approve, and allowance, ensuring compatibility across different services and wallets on the Kaspa network. KRC-20 tokens leverage Kaspa's BlockDAG for high scalability, fast transaction confirmations, and low fees, making them suitable for various blockchain-based financial applications and smart contracts.


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1. First, go to Telegram. Download and install the app.
2. Search KSPR BOT.
3. Join any of the KSPR BOT channels.
4. As soon as you join, you will be asked to create or import a wallet. If you want to create one, click create. Write down the private key it gives you. DO NOT LOSE IT. Protect it with your life. Do not copy and paste it anywhere on the internet. Someone could steal it. Keep it private. Once you have your wallet, fill it with the money. If you don't have any money in your wallet, you can swap fiat or crypto for Kaspa at one of these exchanges or swaps. If you want to import one instead, paste your wallet address into it.
5. Type /marketplace to view all the KRC-20 listings.
6. Click any of the KRC-20 tickers.
7. Scroll through the listings for the amount you want.
8. Click the amount of KRC-tokens that someone is offering to sell you.
9. Clicking a KAS amount will automatically deduct money from your wallet, and the KRC-20 tokens will automatically be placed in your wallet.
10. To check to make sure you have your KRC-20 tokens, type /balance -- This will show you how many new tokens you purchased. They are now in your wallet.


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KRC-20 tokens and ERC-20 tokens share a similar foundation in terms of token standards for fungible tokens, but they differ significantly due to their underlying blockchain technologies and ecosystems. Here are the key differences:

  1. Blockchain Platform:
    • KRC-20 Tokens: Operate on the Kaspa blockDAG (block directed acyclic graph) architecture. This allows for high scalability, fast transaction confirmations, and low fees due to Kaspa's unique consensus mechanism.
    • ERC-20 Tokens: Are built on the Ethereum blockchain, which uses a Proof-of-Work (PoW) and is transitioning to Proof-of-Stake (PoS) with Ethereum 2.0. It's known for its robust smart contract capabilities but has historically faced issues with scalability and high transaction fees.
  2. Scalability and Transaction Speed:
    • KRC-20: Benefits from Kaspa's BlockDAG, enabling significantly higher transaction throughput and lower confirmation times compared to traditional blockchains.
    • ERC-20: While Ethereum has improved with layer-2 solutions like Optimism and Arbitrum, it still generally processes transactions slower and with higher fees during peak times compared to Kaspa.
  3. Transaction Costs:
    • KRC-20: Transactions on Kaspa are typically cheaper, aligning with the blockchain's aim to provide a cost-effective platform for token creation and transfers.
    • ERC-20: Transaction fees can be higher, especially during network congestion, though improvements are being made with Ethereum's upgrades and layer-2 scaling solutions.
  4. Ecosystem and Adoption:
    • KRC-20: The ecosystem is nascent compared to Ethereum's. Kaspa is newer, so it has fewer established projects, dApps, and user base, but it's growing, with an emphasis on community-driven development.
    • ERC-20: Has a mature ecosystem with thousands of tokens, extensive DeFi applications, and widespread adoption across various platforms, making it the de facto standard for fungible tokens on Ethereum.
  5. Security and Development:
    • KRC-20: Built on Kaspa's blockDAG, which is designed to be secure and decentralized, though its security model is different from Ethereum's due to the BlockDAG structure.
    • ERC-20: Benefits from Ethereum's long-standing security protocols, extensive developer community, and numerous security audits, providing a well-tested environment for token development.
  6. Interoperability:
    • KRC-20: While Kaspa is working on interoperability, it's currently more isolated compared to Ethereum's ecosystem, where ERC-20 tokens can interact with a vast network of dApps and DeFi protocols.
    • ERC-20: Offers high interoperability within the Ethereum network, with broad support from wallets, exchanges, and other services.


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Check out the KRC-20 Token Dashboard, trending tokens, top gainers, top markets, top transferred, and a full list of all KRC-20 tokens deployed on Kaspa. You will see the ticker, Price (USD), its last 7 days of movement, market cap, volume (24hr), age, premint information, percentage minted, total supply, mint count, and number of holders.

View the Dashboard here: https://kas.fyi/krc20-tokens


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You can buy, sell, and trade them on the KRC-20 Marketplace on Kaspa.com or Kspr Bot (on Telegram).


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