What is Kaspa Classic?

Could you please elaborate on what Kaspa Classic actually is? I've been hearing quite a buzz about it in the cryptocurrency circles, but I'm still not entirely clear on its specifics. Is it a new type of blockchain technology? Or perhaps a specific coin within the crypto ecosystem? I'm also curious about its potential applications and how it differs from other cryptocurrencies out there. Could you break it down for me in layman's terms?