Sep 29, 2023 | News
Kaspa, the innovative cryptocurrency network, has just released its latest mobile wallet, Kaspium v1.0.1. This new wallet is designed to be user-friendly and intuitive, making it easy for users to manage their digital assets.
Kaspium offers a range of features that simplify the process of managing cryptocurrencies. Users can create new wallets with a 24-word secret phrase or import existing wallets using a 12-word or 24-word phrase. The wallet also allows for the creation and import of multiple wallets, providing flexibility for users with diverse needs.
The wallet’s functionalities include sending and receiving KAS, the native currency of the Kaspa network, with detailed transaction history and address lists. Users can also filter addresses to view only those with funds, generate QR codes for receiving funds, and scan QR codes for quick payments.
Kaspium supports 38 different fiat currencies and offers multilingual support, catering to a global audience. Users can customize their visual experience with light or dark themes and secure their wallets with PIN codes, biometrics, and passwords. The wallet also has an auto-lock feature for added security.
Other notable features include the ability to connect to custom Kaspa nodes, manage contacts, combine multiple UTXOs, and utilize Kaspa URIs for rapid transactions. Kaspium also provides access to the Kaspa Explorer, Katnip, and Kas.fyi for transaction details.
The release of Kaspium v1.0.1 is a testament to Kaspa’s commitment to providing a top-tier user experience that combines functionality and security. The wallet is available for download on both iOS and Android app stores.
Kaspa continues to make strides in the cryptocurrency world, with Kaspium being the latest addition to its suite of tools designed to enhance user experience. The development of Kaspium was led by Azbuky, a dedicated developer within the Kaspa community.
For more information about Kaspa and Kaspium, users can visit the official Kaspa website, Kaspa Wiki, or follow Kaspa on various social media platforms such as Medium, Teletype, Discord, Telegram, Twitter, and GitHub.
Sep 27, 2023 | News
The Kaspa community has successfully reached its fundraising goal for the Community Marketing Fund (CMF), which will help continue the promotion and adoption of Kaspa. However, the need for funding is ongoing, and contributions are still welcome.
Kaspa has seen significant growth since the marketing efforts began, with the value of KAS increasing and social media followers multiplying. The team has been actively creating content, onboarding merchants, and developing educational resources. The upcoming focus is on equipping ambassadors and outreach for 2024.
The CMF is seeking an additional 80,000 KAS per month for the next three months to support these initiatives. The funds will be allocated to content creation, ambassador support, and other marketing efforts. If the value of Kaspa increases, the spending will be adjusted accordingly.
To contribute to the CMF and support Kaspa’s growth, donations can be sent to the provided wallet address. The Kaspa community expresses gratitude for the continued support and dedication to the project’s success.
For more details on the proposal and to join the discussion, visit KaspaTalk.org.
Sep 27, 2023 | News
Nicholas Harness
Kaspa Ambassador
College DAO/KASPA-U
At the first ever ETH Chicago event from September 15-17, a gathering of blockchain fans, developers, and students took place. Nicholas Harness, a Kaspa Ambassador and member of Kapsa-U, delivered a talk on the integration of Kaspa and CollegeDAO within the student web3 community. He also explored how students are getting involved and contributing to this sector.
The report focuses on the highlights of Harness’ talk and its impact on blockchain education, the MIT Bitcoin experiment, CollegeDAO’s proposed follow-up experiment, and Kaspa’s influence on the student scene.
Approximately 100 people attended the Kaspa discussion, mainly students and hackers. It was reported that there were about 80 students from CollegeDAO, but only 17 were able to gather for a group photo.
Student Involvement in Web3
Nicholas Harness started his talk by discussing the significance of Web3 technologies and the vital role students can play in its development. He identified opportunities for learning, collaboration, and skill development as key benefits for students involved in blockchain projects.
He also touched on the MIT Bitcoin experiment from 2014, which gave Bitcoin to MIT students but had its limitations, mainly focusing on Bitcoin without a broader educational approach. CollegeDAO’s planned successor experiment aims to overcome these limitations by creating a decentralized system for distributing cryptocurrencies to students across various universities to encourage wider adoption.
Conclusion
Harness’ presentation highlighted the importance of student participation in Web3 and blockchain. It showcased Kaspa’s dedication to advancing blockchain technology and supporting student engagement. Moving forward, student and educational involvement will continue to shape the future of blockchain, elevating Kaspa and Web3 in the traditional business world.
The talk concluded with a thank you note to Rhubarbarian for providing the Kaspa Slide Deck used in the presentation and encouraged support for the Community Marketing Fund
Sep 22, 2023 | News
On the 6th and 7th of September, 2023, the Stakeholders in Blockchain Association of Nigeria (SIBAN) hosted the Digital Assets Summit. This event brought together industry leaders and enthusiasts to discuss the future of finance and technology through blockchain and digital assets. The summit highlighted Nigeria’s growing role in the global blockchain ecosystem and the importance of digital assets in today’s financial landscape.
Key topics at the summit included the DeFi revolution, with discussions on how it could transform traditional finance. Non-Fungible Tokens (NFTs) were also a focus, as they offer new ways for creators to monetize their work. The event also addressed the need for responsible digital asset regulation and explored blockchain’s potential for social impact.
The summit provided a platform for networking and collaboration, emphasizing Nigeria’s significant position in the blockchain community. I was honored to represent Kaspa BlockDAG as the Nigeria Ambassador during the event, discussing Kaspa’s technology and potential partnerships.
Moving forward, Nigeria’s blockchain and digital asset community is set to drive innovation and change. SIBAN’s summit has laid a foundation for future advancements in this vibrant ecosystem.
To support ongoing efforts in Nigeria, donations can be made to the Community Marketing Fund or directly to local initiatives. Those interested in becoming ambassadors in their regions can apply through Kaspa’s website. Volunteers play a vital role in representing Kaspa and growing local communities, with support from the Community Marketing Fund for expenses related to events and promotions.
Sep 21, 2023 | News
Event Name: Kaspa Event-Kampala
Date: September 2nd, Saturday
Location: Sheron Hotel, Kampala, Uganda
Organizer: Kaspa ambassador
Sponsor: Kaspa
Event Overview:
The Kaspa Event-Kampala recently held at Sheron Hotel was a resounding success, with over 50 attendees gathering to learn about blockchain technology and the Kaspa currency. The event featured insightful presentations from three main speakers, each an expert in their respective fields.
Key Highlights:
– The event provided a platform for attendees to deepen their understanding of blockchain technology, specifically focusing on Kaspa currency and its BlockDAG technology.
– Akankwasa Sharifu introduced the concept of blockchain and detailed the features and benefits of Kaspa currency.
– Acanda Ritah delved into the technicalities of Kaspa’s innovative BlockDAG technology.
– Mugisha Abraham highlighted how Kaspa can be used as an efficient payment system.
Pre-Event Promotion:
To create buzz around the event, organizers arranged a radio program on Hii5radio, an online station based in Wandegeya, Kampala. This initiative helped attract a larger local audience to the event and build a community of interested participants.
Live Broadcast:
Hii5 Radio broadcasted the event live, allowing those who couldn’t attend in person to listen in.
Key Takeaways:
– Attendees gained insights into Kaspa’s unique features and its potential to make a mark in the cryptocurrency space.
– The technical session provided a deeper understanding of Kaspa as BlockDAG technology.
– The practical applications of Kaspa as a payment system were emphasized.
– An introductory session on blockchain technology offered a strong foundational understanding for attendees.
Conclusion:
The Kaspa Event-Kampala was not only educational but also provided an excellent networking opportunity. The organizers, speakers, and attendees contributed to its success, along with the support from Kaspa and coverage by Hii5radio. The event created a significant impact, with some participants beginning to use Kaspa immediately.
Support for Future Events:
To support similar activities globally, contributions can be made to the Community Marketing Fund (CMF). For those interested in supporting local efforts in Uganda, contributions are welcome.
Ambassador Opportunities:
Individuals interested in becoming ambassadors for Kaspa in their region can apply through the organization’s website. Ambassadors play a critical role in representing and promoting Kaspa and are supported by the CMF for expenses related to venues, merchandise, and mentorship.
Sep 16, 2023 | News
Kaspa, a digital currency platform, has recently made significant improvements to their mempool system, which is responsible for managing unconfirmed transactions. The new mempool design can handle a high-frequency 10-BPS network and manage hundreds of thousands of pending transactions without any issues.
Michael Sutton and a Rust developer known as Tiram_88 have been instrumental in this achievement, with Sutton documenting the process on Twitter. Previously, Kaspa had to pause their eleventh testnet, TN11, to focus on refining the mempool’s operations. The initial design was too simple and could not handle heavy loads, leading to performance bottlenecks.
To address these issues, the mempool underwent optimization to quickly build blocks, remove confirmed transactions promptly, and maintain a consistent rate of accepting new transactions. The result was a more efficient system that could handle large operations and run multiple tasks concurrently.
The improvements were demonstrated through tests where 1.4 million transactions were sent to a node, and the system managed to maintain stable performance even with a mempool size of 600 thousand transactions. Block building times were around 25 milliseconds, block submissions averaged 150 milliseconds, and transaction processing speed was over 2,000 transactions per second.
Overall, Kaspa’s advancements indicate a more resilient and adaptable system capable of handling significant transactional loads without compromising performance. This marks a pivotal moment for Kaspa’s technological journey and has the potential to significantly improve everyday commerce.