Kaspa, a cryptocurrency, made its debut at a sports event, leading to the creation of KASSports. Thanks to the efforts of Nur, the Kazakhstan Ambassador, sports enthusiasts can now experience the benefits of cryptocurrency in a familiar setting. Sponsorship opportunities for athletes allow them to enhance their skills, travel, and expand their fan base while promoting awareness of digital currencies.
The GET HIGH AND FLY 2024 event in Muine, Vietnam, was a significant milestone for sports and Kaspa. Over 60 participants competed in various disciplines over two days, creating unforgettable experiences. The event, sponsored by Kaspa, offered crypto rewards, which increased competition and introduced Kaspa to a diverse crowd, including top kitesurfing champions.
Participants had to download a wallet to receive their $KAS rewards, increasing adoption of the currency. The Ambassador targeted athletes and fans to initiate conversations about Kaspa and its potential for local adoption. The event’s success has paved the way for further integration of Kaspa into the sports community.
The original post can be found at [GET HIGH AND FLY 2024 Sponsored with KASPA!](https://kaspa.org/get-high-and-fly-2024-sponsored-with-kaspa/) on [Kaspa](https://kaspa.org).
As 2022 ended and 2023 began, Kaspa stood out in the crypto world with its advanced blockDAG technology. Aiming to solve the blockchain trilemma, it focused on balancing speed, security, and scalability.
In early 2023, the Kaspa community was a close-knit group of tech enthusiasts. The Ethereum merge had just happened, prompting GPU miners to find new opportunities, while FPGA miners were on the rise.
This time was crucial for Kaspa, with key events like the Rust rewrite crowdfund and the DAG KNIGHT protocol introduction. Its listing on MEXC showed the community’s commitment to innovation. Despite unpredictable market forecasts, Kaspa’s success was undeniable.
Early in 2023, Kaspa’s community grew quickly, attracting miners and traders who sought more trading platforms like MEXC. Efforts to list Kaspa on top exchanges intensified, with campaigns targeting CoinMarketCap for proper recognition.
Crowdfunded campaigns aimed to get Kaspa on exchanges like Uphold, Bitget, and KuCoin. These listings were vital for increasing Kaspa’s accessibility and liquidity.
Marketing efforts expanded with the Community Marketing Fund (CMF), focusing on grassroots activities. Tangem and OneKey initiatives eased fundraising pressures and addressed the need for hard wallet development.
Mid-year, Kaspa saw significant technological progress and community engagement. The transition from GPU/FPGA mining to ASIC miners developed by IceRiver marked a new era. New mining pools and tutorials supported this shift, emphasizing decentralization.
Kaspa also integrated with platforms like Chainge Finance and Zelcore, showcasing its versatility. Crowdfunding continued for a browser wallet and more exchange listings.
The Ambassador Program grew globally, with over 30 representatives promoting Kaspa worldwide. They were supported by the CMF and marketing tools like Battle Cards.
As the year ended, Wrapped Kaspa (wKAS) linked Kaspa to networks like Polygon and BNB Chain. The Kaspium mobile wallet widened Kaspa’s reach to mobile users.
Despite challenges like the dust attack during Yom Kippur, Kaspa demonstrated resilience. Technological updates to Rusty Kaspa and the Kaspa Go network improved transaction handling.
Looking ahead, Kaspa aims to improve its transaction capabilities and maintain a strong community focus. Plans include smart contract functionalities and increasing blocks per second.
The DAG KNIGHT protocol remains a key goal for Kaspa, promising innovation and efficiency. Kaspa’s future is driven by growth, technological advancement, and community involvement.
While not all achievements can be listed, every effort is appreciated and celebrated.
The original post “Kaspa 2023 – Past, Present, and Future” can be found on Kaspa’s website.
Uphold Enhances Crypto Lineup with New Token Relistings
In a recent move to diversify its cryptocurrency offerings, Canadian exchange Uphold has announced the relaunch of several tokens it had previously removed from its platform in 2023. The exchange shared the news on X (formerly Twitter), revealing that nine tokens, including fan-favorites Shiba Inu (SHIB) and Dogecoin (DOGE), are now back on the menu.
The decision to delist these tokens last December was in line with Uphold’s commitment to adhere to Canadian crypto regulations. Despite Canada not recognizing cryptocurrencies as official currency, individuals are free to engage in crypto transactions at their discretion.
With the reintroduction of these tokens, Uphold is offering Canadian users a wider selection of cryptocurrencies for trading and investment, just in time for the anticipated 2024 bull run. These tokens are now accessible through Uphold’s Topper payment system, making it easier for users to manage their digital assets.
Is BONE Next on Uphold’s List?
The crypto community, particularly SHIB enthusiasts, are buzzing with speculation about the potential listing of Bone ShibaSwap (BONE) on Uphold. As an integral part of the Shiba Inu ecosystem, BONE’s listing could significantly boost its adoption and provide Canadian investors with another promising asset to consider.
Recent activity on social media hints at Uphold’s interest in BONE, with substantial holdings already in place. If Uphold does decide to list BONE, it could mark a significant milestone for the exchange and the Shiba Inu community, further solidifying Uphold’s position as a diverse and forward-thinking crypto platform.
Kaspa, a decentralized blockchain ecosystem, recently held an introductory event in Kigali, Rwanda, led by Kaspa ambassador Sheebar Kamusiime. The event took place at the Digital Transformation Center of Rwanda and was co-organized with Starknet Rwanda.
The attendees included local developers, Women in Tech-Rwanda, college tech students, local Web3 enthusiasts, and representatives from the Department of Emerging Technologies. During the 30-minute presentation, Sheebar discussed Kaspa’s strategy to tackle the Blockchain Trilemma and how it aims to address challenges in traditional systems, particularly around financial inclusion.
The event also provided an opportunity for networking and setting up Kaspa wallets using the Kaspium App. A total of 15 new downloads were recorded, and discussions on investing in Kaspa’s native currency, KAS, took place.
To learn more about the event and view photos, visit Sheebar’s post on X and the Google Drive link provided.
Read the full article “Kaspa Ambassador represents at the Digital Transformation Center of Rwanda” on Kaspa’s website.
On January 7th, 8 PM UTC, a significant moment for Kaspa will unfold as Testnet 11 (TN 11) launches its second phase. This release marks another exploration into the innovative Rust codebase, pushing the limits with an unprecedented 10 blocks per second (BPS) on a proof-of-work (PoW) network. Developers and crypto-enthusiasts will converge to test the PHANTOM GHOSTDAG protocol, bringing it to life through Rust.
More than just a test space, Testnet 11 is a dynamic simulation environment. It serves as an accelerated microcosm of an entire digital ecosystem, processing a vast number of transactions eager for instant settlement. The protocol faces intense testing and optimization, simulating real-world conditions to ensure utmost efficiency and security.
Embracing Rust in Kaspa
Migrating Kaspa’s programming language from Go to Rust is a strategic move to boost performance and handle the complex BlockDAG structure. This switch paves the way for reaching 10 BPS, offering enhanced scalability and transaction throughput potentially up to 3,000 TPS. Rust boasts benefits like superior performance, memory safety, and a supportive crypto community.
Latest Enhancements in Testnet 11
Since its initial launch, Testnet 11 has incorporated several improvements to optimize network performance. Key updates include enhanced high BPS Peer-to-Peer (P2P) communication and storage efficiency, along with smarter caching and parallel block processing, solidifying Kaspa’s innovative edge.
Joining Testnet 11
Engaging with Testnet 11 is simple. The core requirement is the Rusty Kaspa software, which integrates your system with the network. CPU mining is the exclusive mining method for TN 11, offering simplicity and accessibility to all users. While transaction simulation is optional, CPU mining remains central to contributing computational power to the network.
For optimal performance, a system with at least 16GB of RAM, an 8-core CPU, and a 128GB SSD is recommended.
For assistance and discussions, join the Kaspa Discord #testnet channel or check out #rust-rewrite for insights on Rusty Kaspa’s development.
Elevating PoW Consensus Standards
The performance of Testnet 11 is instrumental in shaping Kaspa’s trajectory, especially the migration to 10 BPS speeds on the mainnet. These tests are key in identifying optimizations for a future powered by Rustlang.
To dive deeper into the Rust rewrite and Testnet 11 participation, visit the Rusty Kaspa GitHub page. Remember, TN 11 is experimental and may experience some instability as part of the development process.
The deployment of Testnet 11 marks a noteworthy leap in crypto innovation, creating a platform for rigorous testing and strengthening Kaspa’s PHANTOM GHOSTDAG protocol foundation. It’s a decisive step towards achieving even faster speeds of 100 BPS.
Note: Testnet 11 is a test environment, so expect potential instability and downtime as part of ongoing experiments — it’s all part of the process.
Release Notes Summary
Testnet 11 Enhancements
The latest updates focus on refining P2P communication at high BPS, improving storage efficiency to handle increased data loads, and optimizing caching mechanisms. Other changes include parallel block processing and various fixes from initial testing insights.
Additional Updates for Rusty Kaspa
Improvements also encompass node initialization for better overall health and functionality, a wallet and metrics overhaul providing a solid base for the new KNG wallet, and UPnP enhancements for
