Kaspa finalizes three standards for native tokens and covenant apps
- —KCC-1 defines an ABI, data layouts and entry points for covenants
- —KCC-2 specifies five authorization schemes, including Schnorr, ECDSA and scripts
- —KCC-20 sets token transfer rules and a borrowed-receive mechanism
- —Final status requires test vectors and at least one public implementation
Why it matters: Common standards lower friction for wallets, indexers and token builders on Kaspa, though they do not change consensus or guarantee network growth.
Source: crypto.news