We are thrilled to announce that Kaspa will be participating in the Next Block Expo in Warsaw, Poland. This event is an excellent opportunity for us to showcase our cutting-edge BlockDAG technology and connect with attendees. Our objectives, activities, and logistics for the expo are outlined in this article.
Our main goal at the Next Block Expo is to introduce Kaspa to a wider audience, build connections within the blockchain community in Eastern Europe, and attract potential investments and projects. We plan to achieve this through our booth presence, speaking engagements, roundtable discussions, and interactions with attendees.
The Kaspa Ecosystem Foundation is proud to support Kaspa’s participation in this event, sponsored by KEF and the Community Marketing Fund. Attendees can purchase tickets at a 20% discount using the promo code “kaspa20.”
Our volunteer team includes members from the core team, research team, ambassadors, ecosystem developers, event coordinators, and marketing directors. They will be available at our booth for discussions, networking, and live demonstrations.
Kaspa has secured a GOLD-Sponsorship program, which will maximize our visibility in Europe. This includes a booth space, speaking opportunities on the main stage and workshop stage, participation in expert panels, entry tickets for the expo team, social media exposure, and more.
In addition to the expo, we are hosting a Kaspa Fam Meetup on May 16th at the Tel Aviv Poznańska restaurant in Warsaw. We expect 50 attendees to join us for this gathering.
Participating in the Next Block Expo is a prime opportunity for Kaspa to showcase its potential, engage with stakeholders, and foster partnerships in Europe. We are confident that with your support, we will make a significant impact.
Although all funds have been raised, those who wish to support Kaspa’s efforts in Poland, Eastern Europe, or around the globe can contribute to the Community Marketing Fund.
Thank you for supporting Kaspa’s global vision! You can read more about Kaspa’s participation in Poland on their website.
Last month, the Kaspa Ecosystem introduced its first project, KASPlex, which sparked numerous questions from the community. To address these questions, the KASPlex team has provided answers to many of them, and the remaining queries will be discussed in the upcoming White Paper. If you have any further questions, you can reach out to the KASPlex team through their Twitter channel.
Khris, the Project Manager for Kasplex, with support from their core developer, explained that Kasplex is a non-profit organization that aims to make it easier for developers, artists, and influencers to launch projects on the Kaspa blockchain. The project consists of three parts: the Protocol, which sets the rules for inserting data onto the Kaspa blockchain; the Indexer, an open-source project that scans blocks and extracts data according to the Kasplex Protocol; and APIs for users who do not run a full node to query their assets.
The technical details of how inscriptions are embedded onto Kaspa will be outlined in the whitepaper. KRC20 tokens are inscribed on-chain, while KRC721 (NFTs) require users to upload their metadata to an IPFS. Kasplex also provides infrastructure for some Layer2 solutions.
Kasplex’s inscriptions and token standards differ from those of Bitcoin and Ethereum. For instance, when creating an “inscribe-transfer” inscription, users do not need to worry about which individual unit of KAS is linked to it; they only need to consider their total balance and transferable balance.
Inscriptions hold value as they allow for the issuance of assets on the blockchain and showcase Kaspa’s technology. They are essential for some Layer2 Rollup solutions that require data to be written back to Layer1 for security purposes.
Users will be able to create NFTs using the Kasplex Protocol, but they will differ from Ordinals NFTs on Bitcoin. Since Kaspa does not support Taproot and Segwit and has limited storage, picture assets should be stored in IPFS, similar to ERC721.
Kasplex will not create its own marketplace but will provide a standard and examples for decentralized inscription trading marketplaces. KR20 tokens can be stored within a user’s wallet without additional support, as users can query their balance via Kasplex APIs.
Inscriptions and KR20 tokens can increase miner revenue by requiring additional gas fees for token deployment or minting, thus reducing unnecessary data and incentivizing miners to secure the network.
Stay tuned for more updates from Kaspa, including AMAs (XSpaces), news on the roadmap, and the closed beta release. You can find more information on the KASPlex FAQ on Kaspa’s website.
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.
We took a seat throughout our time in Hong Kong to talk to a couple of Ambassadors and others!
Unique thanks to Kaspa Ecosystem Foundation for supporting this occasion!
The cryptocurrency landscape is teeming with development, with each task competing to get rid of restrictions and use special benefits. Kaspa gets in the scene as a Proof-of-Work (PoW) cryptocurrency with a distinct twist: the GHOSTDAG procedure. It’s this special element that separates Kaspa from other cryptocurrencies. Kaspa varies from conventional blockchains by utilizing a blockDAG (directed acyclic chart). As an outcome, Kaspa boasts lightning-fast deal speeds, apparently processing a block per second. Visualize sending out a cryptocurrency deal and getting almost immediate verification – that’s the speed Kaspa intends to supply. Speed isn’t the sole focus. Security is of utmost significance in the world of cryptocurrency, and Kaspa is crafted to endure 51% attacks, a common concern. Kaspa cultivates a decentralized network with a growing neighborhood of miners and nodes, reinforcing security. The job represents the community-driven principles of cryptocurrencies such as Bitcoin and Litecoin. There is no main governance in Kaspa, and its launch was reasonable, without pre-mined coins or unique allotments for designers. This promotes trust and openness within the Kaspa neighborhood. With its concentrate on deal speed, scalability, and a protected, community-driven technique, Kaspa is an interesting competitor in the ever-evolving cryptocurrency landscape. The concern of whether it will end up being the fastest and most scalable immediate verification deal layer developed on a proof-of-work engine stays unanswered, however Kaspa is certainly a task deserving of attention.
While this post has actually offered a broad summary of Kaspa’s capacity, staying upgraded on the current advancements is important for any educated financier or crypto lover. For those looking for extensive analysis, technical conversations, and breaking news surrounding Kaspa, Kaspanews.net functions as an important resource. This specialized news platform promises to keep you upgraded on all things Kaspa, guaranteeing you remain ahead of the curve.
Overview of Injective Protocol (INJ) and its market performance
As the cryptocurrency market nervously anticipates the upcoming pivotal moment, there is speculation about whether the tide will turn towards a bullish sentiment or continue its bearish slump. Within this space, two altcoins, namely Injective Protocol (INJ) and Kaspa (KAS), stand out as potential frontrunners, poised to lead a recovery should market conditions improve. The positioning of these two contenders is particularly noteworthy, with Injective Protocol and Kaspa currently placing 53rd and 46th in terms of market capitalization, respectively. Injective Protocol boasts a market cap of approximately .36 billion, while Kaspa’s market valuation reaches a notable .77 billion. These figures place them in the mid to high tier range of crypto assets.
Insights gleaned from technical analyses suggest that both INJ and KAS are well-positioned to spearhead a market rally in the event of a positive outcome from Bitcoin’s impending April monthly close. Such a bullish scenario could see these altcoins surge ahead of the pack, drawing attention from investors and traders alike.
Injective Protocol, in particular, has garnered attention due to its robust performance and resilience at the support level of . The asset experienced a noteworthy decline, briefly dipping to an affirmation of its support at , before swiftly rebounding—a move underscored by a substantial wick indicative of strong buying pressure. This price action mirrors an equally long wick formed during a previous ascent to the mark. Analysts interpret this as a sign that INJ has the potential to replicate its upward trajectory by an equal magnitude.
Further scrutiny of INJ’s chart on a daily basis shows a pivotal resistance line that must be breached for upward momentum to be confirmed. Following this, the asset faces subsequent resistance levels at and , with the previous high at . Ambitious targets for Injective Protocol are set at the higher levels of and 9. The stochastic RSI indicators on both weekly and two-weekly charts for INJ have reached their lower extremes, hinting at an imminent upswing in momentum, paralleling the prospects outlined for Kaspa.
It is crucial to keep in mind that the content presented here is meant purely for informational purposes. None of the information herein is intended to serve as legal, tax, investment, financial, or any other form of advice.
Kaspa (KAS): Characteristics and recent upsurge
No stranger to volatility, Kaspa (KAS) has recently caught the attention of the cryptocurrency community due to its resilience and potential for growth. As one of the more prominent medium-cap digital currencies, Kaspa’s performance is a subject of interest for investors who are keenly tracking the market for signs of recovery. With a solid footing at the [gpt_article topic=”Injective Protocol (INJ) and Kaspa (KAS) Lead the Way in Recovery Among Blue Chip Altcoins” directives=”Format the text for embedding in a WordPress post, using HTML tags. Reword the
The crypto market is heading towards a crucial decision in the next few days. Will the market go up or down? If it’s up, then Kaspa (KAS) and Injective Protocol (INJ) are likely to be in the vanguard of the recovery.
$KAS and $INJ rank 46 and 53 in market capitalization, with $KAS at a $2.77 billion market cap, and $INJ at $2.36 billion. These are both medium to large cap cryptocurrencies, and according to the charts, these two could be among the first of the altcoins to start running should bitcoin be able to achieve a positive monthly close for April.
$KAS holds very firm support
Source: Coingecko/TradingView
$KAS is holding very firm support at $0.10. Not only is this a support that has held several times since November 2023, but it is also the 0.618 fibonacci level. The most recent dip to this support was last week, and the price was bought up yet again from this level.
However, the downward trend line is guiding the price into decision-making time within the next 2 to 3 weeks, as it converges with the horizontal support. The descending triangle that this is forming is in fact a bearish pattern. That said, both the weekly and 2-weekly time frames on the stochastic RSI (momentum indicator) are at the bottom, meaning that a cross back up, and positive price momentum, are on the way. If a break to the upside does occur, $0.13, $0.16, $0.17, and aspirationally $0.25, are the targets.
$INJ ready to surge
Source: Coingecko/TradingView
$INJ has a beautiful looking chart on the weekly time frame. The price is holding nicely at the $26 support, having gone down as far as to confirm the support at $18 just two weeks ago. The wick that this venture downwards left behind is just as long as the one left behind to the upside after touching $53. This could mean that the price will surge up at least the same amount as it came down.
Source: Coingecko/TradingView
Looking at the shorter daily time frame, it can be seen that $INJ needs to break the white trend line first. Strong resistance then waits above at $31, and then at $42, before the top at $52. Aspirational targets are at $74, and $109. Weekly and 2-weekly stochastic RSIs have bottomed, meaning just like $KAS, upward momentum is coming soon for $INJ.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
to make this article unique but mean the same thing as the original.”].10 support level—a critical point that has proven robust since November of the previous year—Kaspa appears poised for a significant move.
This support not only has historical significance but is bolstered by the 0.618 Fibonacci retracement level, often deemed crucial by traders for its technical importance. Recent market activities saw KAS touching these lower support boundaries, quickly attracting buyers to propel its price back up. This bounce-back from a key level signals a strong community belief in the asset’s value.
Current chart patterns forecast an inevitable decision point approaching for Kaspa. A converging descending triangle—an inherently bearish configuration—adds to the significance of this upcoming period. Nonetheless, momentum indicators, such as the stochastic RSI on both the weekly and bi-weekly time frames, are suggesting that Kaspa might be due for a reversal, with the indicators located at lower thresholds and hinting at the potential for an inbound positive swing.
The crypto market is heading towards a crucial decision in the next few days. Will the market go up or down? If it’s up, then Kaspa (KAS) and Injective Protocol (INJ) are likely to be in the vanguard of the recovery.
$KAS and $INJ rank 46 and 53 in market capitalization, with $KAS at a $2.77 billion market cap, and $INJ at $2.36 billion. These are both medium to large cap cryptocurrencies, and according to the charts, these two could be among the first of the altcoins to start running should bitcoin be able to achieve a positive monthly close for April.
On March 29, 2024, Kaspa’s Global Ambassador Luke attended the prestigious . The event, organized by leading ASIC miner manufacturer Bitmain, brought together experts in the fields of cryptocurrency mining and blockchain technology. The summit focused on innovative mining solutions, particularly hydro-mining, to address environmental concerns.
The first day of the summit featured discussions on digital innovation, with keynotes from various industry leaders. Layla Mining, Bitmain’s first ambassador, spoke about expanding mining content in the Arabic market. Representatives from My First Bitcoin, an educational non-profit in El Salvador, shared their Bitcoin Diploma program’s success. AI artist Ting Song discussed the convergence of art and proof-of-work (PoW) technology, while Mike Michelini from the Handshake community highlighted their decentralized naming and certificate authority project. The day concluded with a welcome reception for networking.
The second day marked the official start of WDMS 2024 with an all-day conference, including speeches and panels from government representatives and industry professionals. Bitmain introduced their latest miner, the S21 Pro, with detailed information about its capabilities and cost.
A PoW award ceremony recognized several projects for their contributions to the ecosystem:
– Litecoin received the PoW Ecosystem Development Award
– Kaspa was honored with the PoW Ecosystem Potential Award
– Nervos won the PoW Ecosystem Application Award
– Alexander Neumueller was awarded for his academic contributions to green mining
– Ethereum Classic took home the PoW Ecosystem Contribution Award
As Kaspa’s ambassador, Luke expressed immense pride in receiving the PoW Ecosystem Potential Award on behalf of the community. The summit concluded with a grand buffet dinner and live music at the W Hotel, celebrating the bright future of digital mining and the vibrant PoW community.
For a full recap of WDMS 2024 in Oman, visit Kaspa’s website.
