Good evening, everyone. I’m reporting to you live from the Kaspa Workshop where today’s topic is GHOSTDAG 101. For those who may not be familiar, GHOSTDAG is a unique consensus protocol used by the Kaspa network. It is a variation of the DAG (Directed Acyclic Graph) protocol, which is an alternative to the traditional blockchain structure. The workshop was led by experts in the field who provided an in-depth explanation of how GHOSTDAG works and its advantages over other consensus protocols. They explained that GHOSTDAG allows for faster transaction times and higher scalability, making it an attractive option for developers and users alike. The attendees of the workshop were a mix of developers, investors, and cryptocurrency enthusiasts who were eager to learn more about this innovative technology. The experts also provided hands-on demonstrations, showing how GHOSTDAG can be implemented in real-world applications. Overall, the workshop was a success and provided valuable insights into the future of blockchain technology. As the Kaspa network continues to grow, it will be interesting to see how GHOSTDAG will impact the industry as a whole. This is just the beginning, and we’ll be sure to keep you updated on any new developments. Back to you in the studio.

Shai (Deshe) Wyborski recently led a detailed workshop on Kaspa’s consensus layer, known as GHOSTDAG, on the Kaspa Discord channel. The workshop aimed to provide community members with a thorough understanding of GHOSTDAG and its significance in the Kaspa ecosystem.

Wyborski began by discussing the blockchain trilemma, which refers to the challenge of achieving decentralization, security, and scalability simultaneously in a blockchain. He then introduced the BlockDAG paradigm as a potential solution to this problem.

Throughout the session, Wyborski explored the PHANTOM and GHOSTDAG protocols, focusing on their logic and security features. He explained how GHOSTDAG protects against double-spending and liveness attacks, and he also highlighted its fast confirmation times.

Additionally, Wyborski addressed data pruning in blockchains and presented secure methods for DAG pruning. He concluded by introducing DAGKnight, a protocol that aims to enhance the efficiency and performance of GHOSTDAG, making Kaspa the first parameterless cryptocurrency that can self-adjust based on network conditions.

The workshop provided valuable insights into the revolutionary features of GHOSTDAG and Kaspa’s role in shaping the future of finance. Community members are encouraged to join the Kaspa Discord and follow Kaspa on Twitter for future updates and events.

For more information on GHOSTDAG and DAGKnight, interested parties can access the respective research papers online. Additionally, a video recording of the workshop is available on YouTube for those who could not attend.

Shai Wyborski, a Quantum & Cryptography Researcher and Ph.D. candidate, plays a key role in developing consensus protocols like GHOSTDAG and contributing to Kaspa’s innovative cryptocurrency ecosystem. More resources about Kaspa can be found on their official website, wiki page, Medium blog, and various social media platforms such as Discord, Telegram, Twitter, Reddit, GitHub, and their blockchain explorer.