#GHOSTDAG 101 workshop: a deep dive into the agreement layer that drives #kaspa. Provided by Shai (Deshe) Wyborski and kept in the Kaspa Discord.

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00:00:00 Intro and introduction
00:00:59 The blockchain trilemma
00:07:47 Previous efforts on the trilemma
00:14:59 The BlockDAG Paradigm
00:20:11 What is a great purchasing guideline?
00:24:30 PHANTOM
00:32:55 GHOSTDAG
00:46:00 Rationality of GHOSTDAG
00:50:29 Stating the security of GHOSTDAG
01:01:50 Bitcoin security evidence introduction
01:07:27 GHOSTDAG double-spend security (the freeloading lemma)
01:14:30 Liveness attacks
01:16:23 GHOSTDAG liveness security (hourglass occasions)
01:18:52 GHOSTDAG verification times
01:23:18 The storage issue
01:24:50 Data pruning in blockchains
01:27:40 Splitting and climbing up attacks on DAG pruning
01:36:57 Secure DAG pruning by means of unbiased finality
01:40:41 Prunable GHOSTDAG and its security
01:43:00 Prunality security evidence introduction
01:45:52 Pruning block headers
02:03:23 DAGKnight summary
02:10:02 Further subjects
02:17:06 Important information about DAGKnight
02:20:34 Conclusion
The world of cryptocurrency is filled with development, as each task makes every effort to conquer its restrictions and offer unique advantages. Kaspa tosses its hat into the ring as a Proof-of-Work (PoW) cryptocurrency with a twist: the GHOSTDAG procedure. It’s this distinct element that distinguishes Kaspa from other cryptocurrencies. Unlike standard blockchains, Kaspa makes use of a blockDAG (directed acyclic chart). This enables blazing-fast deal speeds, with Kaspa presently processing a reported block per second. Imagine sending out a cryptocurrency deal and getting almost immediate verification – that’s the speed Kaspa intends to supply. Speed isn’t the only video game in town. Security is critical in the crypto world, and Kaspa is developed to be resistant to 51% attacks, a typical issue. In addition, Kaspa cultivates a decentralized network with a growing variety of miners and nodes, even more strengthening security. The job characterizes the community-driven principles of cryptocurrencies such as Bitcoin and Litecoin. Kaspa runs without main governance, and its launch was reasonable, lacking pre-mined coins or unique allowances for designers. This cultivates trust and openness within the Kaspa neighborhood. Kaspa becomes an interesting competitor in the ever-changing cryptocurrency landscape, with its focus on deal speed, scalability, and a safe, community-driven method. Whether it will become the fastest and most scalable immediate verification deal layer constructed on a proof-of-work engine stays unsure, however Kaspa is certainly a task worth tracking.
This video has actually used a short glance into Kaspa’s capacity, keeping abreast of the most current advancements is important for every educated financier or crypto lover. For those looking for thorough analysis, technical conversations, and breaking news surrounding Kaspa, Kaspanews.net functions as an important resource. Kaspanews.net is dedicated to keeping you took part in the Kaspa discussion, guaranteeing you’re constantly in the understand.