Mar 4, 2023 | News
Israel’s first Kaspa mining pool has been launched by Max Gor. This new pool uses a PPLNS (Pay-Per-Last-N-Shares) scheme, which means miners are paid based on the number of shares they contribute over a certain period. The pool fee is only 1%, and there are no payout fees as Max Gor covers the transaction costs. The minimum payment is just 1 KAS.
To start mining with Max Gor’s pool, simply visit their website at https://kaspa.maxgor.info/v.php?ix=pgkaConnect. They also offer live support on Telegram at https://t.me/maxgorpool for any questions or concerns.
Max Gor is dedicated to supporting Kaspa’s technology and promoting its widespread use. In fact, they have even donated their fees to the top 10 exchange Kaspa crowdfund.
For more information on Kaspa and the Max Gor Pool, check out their website at http://kaspa.maxgor.info/ or follow them on social media platforms like Twitter, Telegram, and Reddit. You can also find more details on Kaspa’s official website, Medium page, Teletype, Discord channel, GitHub, and Explorer.
This report is brought to you by Bubblegum Lightning from the Kaspa discord community.
Mar 3, 2023 | News
A recent update from Kaspa’s core developer, Michael Sutton, announced that an experimental node built using the Rust programming language has successfully synced live on the mainnet. This development marks a significant milestone for the Kaspa community.
In a tweet, Sutton shared a screenshot that showcases the successful synchronization of the Rust-based node with the mainnet. This progress suggests that the first stable version of the “rusty-kaspa” will soon be available for release. Following this, plans to increase block rates in the testnet are already in motion, potentially making Kaspa’s proof-of-work system even faster.
Shai Deshe, the Core Quantum & Cryptography Researcher for Kaspa, also commented on the update, highlighting the seamless operation of the Rust implementation on the mainnet. Deshe’s enthusiasm is evident as the Kaspa protocol looks to become faster with the upcoming changes.
For those interested in the technical details of this development, the project’s progress can be tracked on GitHub. Previous updates and discussions related to this topic can be found on Kaspa’s official social media channels, including Twitter, Discord, Telegram, Reddit, and their website. The full update can also be read on Kaspa’s website.
Mar 3, 2023 | News
A balanced distribution of mining pools is essential for the security and decentralization of Kaspa, a proof-of-work cryptocurrency that uses a unique blockDAG structure for faster and more efficient processing of blocks and transactions. Mining pools, which are groups of miners working together, combine their computing power to solve complex mathematical problems and earn rewards.
Diversified mining pools prevent any single entity from controlling a significant portion of the network’s computing power, which could lead to manipulation of the network, such as performing a 51% attack. This attack occurs when an entity controls over 51% of the network’s computing power, allowing them to manipulate transactions and compromise the network’s security.
Decentralization is a core principle of Kaspa and most blockchains, ensuring that no single party has control over the network and decisions are made by consensus among all participants. This promotes transparency, fairness, and resistance to attacks.
Well-distributed mining pools also encourage healthy competition among miners and promote network stability. Kaspa encourages pool decentralization naturally with an attractive emission schedule and higher BPS, creating more frequent payouts and reducing the time taken to meet return on investment (ROI). This benefits solo miners as well, furthering a decentralized mining ecosystem.
Monitoring and participating in the distribution of hashrate across Kaspa mining pools is crucial for the health, security, and stability of the network. As Kaspa continues to grow, maintaining a well-distributed mining ecosystem will ensure its continued success.
For more information on Kaspa’s mining pools and network hashrate, visit MiningPoolStats at https://miningpoolstats.stream/kaspa. You can also learn more about Kaspa through their official website, wiki page, Medium articles, and social media channels on Discord, Telegram, Twitter, Reddit, GitHub, and their block explorer.
Mar 2, 2023 | News
Kaspa, a new cryptocurrency, has recently been added to f2pool, one of the world’s largest mining pools. This partnership provides miners with increased exposure and accessibility to Kaspa, improving the network’s security and decentralization. To celebrate the addition, f2pool is hosting a 10-day mining contest where the top 20 miners will share 500,000 KAS in proportion to their hashrate.
f2pool offers a range of benefits for miners, including access to a large network of peers, support for improved efficiency and profitability, and servers in multiple countries to reduce latency. By mining Kaspa on f2pool, miners can also tap into the expertise and resources of a respected mining pool, improving their mining experience and getting the help they need.
Being supported on f2pool can also enhance Kaspa’s network efficiency and speed, attracting and retaining users. f2pool’s reputation for reliability, transparency, and security can build trust and confidence among Kaspa miners. The partnership is expected to drive adoption and growth for Kaspa in the future.
Miners are invited to join the f2pool community and contribute to securing blockchain infrastructure worldwide. Additionally, Kaspa has several online resources available, including a wiki, Medium, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and an Explorer.
For more information on the Kaspa Pool Addition and f2pool contest, visit the original post on Kaspa’s website.
Mar 2, 2023 | News
The excitement surrounding new altcoin projects in the cryptocurrency world is unparalleled, and Kaspa (KAS) is the latest project to capture the attention of crypto enthusiasts. Despite being relatively unknown in the crowded cryptocurrency market, Kaspa, currently ranked 188th by market capitalization, has shown promise as a contender inspired by Bitcoin’s groundbreaking concepts.
At the time of this report, KAS is trading at $0.0131, having surged an impressive 84.5%, distinguishing itself as the only cryptocurrency in the top 200 listed by Coingecko to experience such a significant rally.
In the past 24 hours, KAS has seen a 7% increase in value, with only a slight 0.5% dip in the last hour. The altcoin’s market cap stands at $220.4 million according to the latest data.
The total market cap for all cryptocurrencies is currently just over $1 trillion, as per TradingView data.
Kaspa has been performing exceptionally well, with a 137% increase over the past month and an 84% rise on a bi-weekly scale. Despite signs of a slowdown in the cryptocurrency market after a strong start to the year, Kaspa investors seem to be holding on to their investments. The 24-hour trade volume for KSA is currently $3.7 million.
As a proof-of-work (PoW) cryptocurrency utilizing the GHOSTDAG protocol, Kaspa offers various features including payment options for goods and services, reduced trading fees, and participation in voting and governance.
CoinStats reports that there are nearly 17 billion KAS coins in circulation, with a maximum supply capped at the same amount. Kaspa boasts security on par with Bitcoin (BTC), but its scalability far exceeds other PoW blockchains.
Kaspa claims to be the fastest and most scalable rapid confirmation transaction layer built on a proof-of-work framework. Transactions sent to miners can be quickly integrated into the innovative blockDAG-structured ledger.
While some altcoins aim to address specific shortcomings of Bitcoin, like transaction speed or energy consumption, others offer unique features such as enhanced privacy or smart contract capabilities.
Altcoins have gained significant popularity in recent years, with numerous options available for trading on various exchanges. As with any investment, it’s crucial to conduct thorough research and understand the potential risks and rewards associated with investing in cryptocurrencies.
CoinCodex’s current price prediction for Kaspa suggests a 32% increase to $0.0176 by March 8, 2023. Technical indicators point to a bullish sentiment, while the Fear & Greed Index shows a neutral stance at 51.
-Featured image credit goes to Generation Iron.
Source: bitcoinist.com
Mar 1, 2023 | News
The Kaspa community has achieved a significant milestone by successfully integrating hardware wallet support for their blockchain platform. Despite the initial lack of support from major hardware wallet providers, the community rallied together and found alternative solutions with OneKey and Tangem.
Kaspa, a secure and decentralized blockchain platform, now offers users an extra layer of security for their digital assets thanks to the community’s efforts. The integration process required meeting a certain number of preorders to fund development, and the community responded by launching social media campaigns and public outreach.
With enough preorders secured, Kaspa established strong partnerships with both OneKey and Tangem. This success story highlights the power of a united community working towards a common goal. The Kaspa network is now more secure and has a solid foundation for future growth.
Additionally, support from Ledger is anticipated to further enhance wallet security. The community’s hard work has resulted in a more robust platform that appeals to both investors and users.
For more information on Kaspa, you can visit their official website, wiki, and social media channels on Medium, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and their blockchain explorer.