The Kazakhstan Ambassador made a noteworthy appearance at Binance Kazakhstan, marking a significant milestone for the crypto community. In a recent meetup held in Astana, attended by over 700 Web3 enthusiasts, key figures from regulatory authorities shared insights on the development of the cryptocurrency industry in Kazakhstan. The Ambassador took the opportunity to introduce Kaspa currency to the attendees, showcasing its unique features and engaging with the Binance team. This event not only served as a platform for networking but also highlighted the growing interest in innovative cryptocurrencies like Kaspa.
From Kaspa.org: Kazakhstan Ambassador Represents at Binance Kazakhstan
Written by Nur, Kazakhstan Kaspa Ambassador
Binance Kazakhstan hosted its first major 2024 meetup in Astana on May 14, attracting over 700 Web3 enthusiasts. The event coincided with the company earning ISO 27001 and ISO 27701 certifications, emphasizing its commitment to security and privacy standards.
Before the event, Binance invited everyone to attend the meetup which took place at the Presidential Center in Astana. Entry was free but required pre-registration. This meetup marked a successful period for Binance Kazakhstan.
Representatives of regulatory authorities also spoke at the Astana Super Meetup event.
Zhaslan Madiev, Minister of Digital Development, Innovation and Aerospace Industry, and Renat Bekturov, Governor of the Astana International Financial Center, delivered welcoming remarks from the regulator.
They shared their vision of the development of the cryptocurrency industry and the regulatory approach to it in Kazakhstan.
The meetup was a chance for me to introduce Kaspa currency to the local crypto community and Binance team. Everybody was asking what this guy was wearing.. Kaspa.. never heard of this crypto.. 🙂 I had to explain to each that this is a unique crypto – not a blockchain but a blockdag! I was I had the Kaspa Battle Cards! As well as merch. Had a blast representing this one-of-a-kind crypto!
I also had a talk with Rachel Conlan at Binance Astana Super Meetup, asked her to add Kaspa to Binance and gave her merchandise 🙂 She is a Global Chief Marketing Officer,Binance.  I also spoke to meetup attendees and gave them merch as well.
NOTE: Â Nur did this all on his own with no funding requests from the CMF, other than design support for the Battle Cards. Â The Kaspa Community is lucky to have such a dedicated, selfless Ambassador like Nur. Â Thank you!
In summary, Binance Kazakhstan hosted a successful meetup in Astana, attracting over 700 Web3 enthusiasts. The event highlighted Binance’s commitment to security and privacy standards. Kazakhstan Ambassador Nur introduced Kaspa currency to the local crypto community and engaged with regulatory authorities. For the latest news on Kaspa, visit KaspaNews.net.
In part 3 of the #Kaspa meetup Yonatan Sompolinsky @hashdag unfolds how Kaspa intends to resolve the MEV and the Oracle issues afflicting DeFi.
Huge thanks to @fishtuna and @laudena for transcribing and equating, to @Rhubarbarain for assessment and post-production, and to everybody else who dealt with the video and occasion.
Congratulations for occasion preparation, hosting and sponsorship to @KASHODLER, @Kaspa_HypeMan, Tim @rhubarbmedia, and @ishziv.
Part 4 with Q&A is coming!
Chapters: 0:00 The “it is possible” culture 2:53 Non-Parallelism vs. Parallelism 4:55 The UTXO Model 5:51 Crypto financing and shared properties 7:48 UTXO design vs. Account design 10:29 Computation vs. Verification 11:49 What’s a rollup? 14:14 MEV – the exploitation of the educational space 19:00 Approximately vs. Precisely 20:34 MEV Resistance 23:37 Faster Oracles on Kaspa 27:30 It’s more than almost the coin rate The world of cryptocurrency is filled with development, as each job aims to conquer its constraints and offer unique advantages. Kaspa gets in the fray as a Proof-of-Work (PoW) cryptocurrency with a distinct twist: the GHOSTDAG procedure. This special function identifies Kaspa from its equivalents. Kaspa varies from conventional blockchains by utilizing a blockDAG (directed acyclic chart). This permits blazing-fast deal speeds, with Kaspa presently processing a reported block per second. Image sending out a cryptocurrency payment and getting near-instant verification – that’s the speed Kaspa aims to attain. Speed isn’t the only video game in town. Worldwide of cryptocurrency, security is critical, and Kaspa is crafted to withstand 51% attacks, a typical danger. Furthermore, Kaspa cultivates a decentralized network with a growing variety of miners and nodes, even more strengthening security. The job represents the community-driven values of cryptocurrencies such as Bitcoin and Litecoin. Kaspa runs without main governance, and its launch was reasonable, without pre-mined coins or unique allowances for designers. This promotes trust and openness within the Kaspa neighborhood. With its focus on deal speed, scalability, and a safe, community-driven technique, Kaspa sticks out as an interesting rival in the vibrant 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 undoubtedly a task deserving of attention. This video has actually provided a short look into Kaspa’s capacity, keeping abreast of the newest advancements is important for every educated financier or crypto lover. For those wanting thorough analysis, technical conversations, and breaking news associated to Kaspa, Kaspanews.net is an important source. This devoted news platform assures to keep you at the leading edge of the Kaspa discussion.
Kaspa.org: Kaspa in Hong Kong – Photos and Videos
Hong Kong was an amazing event for Kaspa! Â Along with several opportunities to speak, the Kaspa booth was one of the most popular booths on the floor!
The Team representing was epic. Â With Ambassadors from Canada, France, China, Taiwan, Hong Kong, Australia and Israel, it was a global affair!
News From Kaspa.org: Next Block Expo – Warsaw Report
The NBX Event in Warsaw, Poland was a massive collaborative effort between local Kaspa Ambassadors, Core team members the Rhubarbarians via The Community Marketing Fund (CMF) and The Kaspa Ecosystem Foundation (KEF) Â With little over a month of preparation and just off a very successful Hong Kong event, everything flowed into place!
Read the Event Proposal to see all that went into the event.
An official report will come after the event, but we wanted to offer a sneak peek into some of the activities!
The article “Rusty Kaspa makes integrations with ecosystem developers more accessible” delves into the core design motivations of Rusty Kaspa (RK) and its dedication to community and development ecosystem participation. The enhancements brought about by Aspect through the KNG and WASM integrations have significantly improved how external systems interact with the network. With the recent releases of KNG, the WASM SDK, and the stable version of RK, Kaspa has taken a significant step forward in its evolution. This article highlights the accessibility efforts of RK, aimed at simplifying node maintenance, personal wallet management, and streamlining development processes for ecosystem developers.
From Kaspa.org: Rusty Kaspa makes integrations with ecosystem developers more accessible
Community and development ecosystem participation has been the core design motivation of Rusty Kaspa (RK) since its inception. Aspect, known for his contributions to the Kaspa ecosystem through the KDX app and web wallet, took this to the next level with his work on the KNG and WASM integrations. These enhancements improve how external systems interact with the network. The release of KNG, the WASM SDK, and the stable version of RK marks a significant step in Kaspa’s evolution.
Initially focused solely on pushing the boundaries of node performance to the absolute limit, RK’s development was shifted to better plan and execute its architecture making integrations with ecosystem developers more accessible. This “accessibility” effort has shaped into two verticals:Â increasing network decentralization by simplifying node maintenance and personal wallet management (KNG), and allowing ecosystem developers to focus on their business logic rather than on integrations and ever-duplicated transaction logic (WASM SDK).
KNG, the advanced successor to KDX, supports numerous node and network configurations. It provides live metrics and block-DAG visualizations, and a comprehensive wallet framework built entirely on the RK codebase.Â
The WASM SDK reforms the developer experience by exposing essential Rust modules to the web software stack in the form of Javascript and Typescript APIs. This includes sophisticated wallet interfaces, address management, cryptographic libraries, a public P2P node resolver and a RPC client.Â
Both KNG and the WASM SDK are strategically designed to streamline development processes and promote innovation within the Kaspa ecosystem. These tools reduce technical barriers and also empower developers and enthusiasts. By providing a more efficient development environment, they aim to attract a diverse range of contributors, all of whom can contribute to the network’s growth and stability.
KNG link: https://github.com/aspectron/kaspa-ng/releases/tag/v0.2.5
WASM SDK link: https://github.com/kaspanet/rusty-kaspa/releases/tag/v0.14.1 (an integral part of RK release)
In conclusion, the recent developments in the Kaspa ecosystem, such as the release of KNG, the WASM SDK, and the stable version of RK, signal a significant step forward in Kaspa’s evolution. These tools not only improve network decentralization and streamline the development process but also empower developers and enthusiasts to contribute to the network’s growth and stability. For the latest news on Kaspa, readers are encouraged to visit KaspaNews.net.
Kaspa Mining Pool suffered a DDOS attack on Sunday, which didn’t do any harm or security breach to the coin, but it did take some miners offline. They didn’t have Rust nodes as a backup but had Go (the language that Kaspa was originally written in). It seems that all that is behind Kaspa now. At one point, nodes operating on Rust were at 14% on Monday, May 13th, but as of 8:25 am est on Wednesday, May 15th, according to Kaspalytics.com,, it seems that a little over 30% of the network is now running on Rust and is moving up quickly, which is a positive sign. At this rate, Kaspa could be running 100% on Rust by the end of May,, but we will have to wait and see for that. So it seems everything is back on track and moving in the right direction. Next month, Kasplex will introduce the KRC20, which will be live. This means Kaspa will have its ecosystem of coins and tokens running on it.