Feb 28, 2023 | News
Join us on Friday, March 3rd at 5:00 PM EST for an exciting Kaspa Twitter Space event hosted by @BubblegumLtng. This one-hour session will kick off with an interview-style update on Kaspa, followed by a Q&A segment where the audience can engage and ask questions.
Please note that this Twitter Space is an unofficial event organized by members of the Kaspa community, not the official development team. While the hosts, Wolfie and @BubblegumLtng, are not directly involved in the technical coding aspects of Kaspa, there will be developers and coders present to help address any technical inquiries from the audience.
Don’t miss this opportunity to connect with the Kaspa community and get the latest updates on the project. Save the date and join us via this link: https://twitter.com/i/spaces/1jMKgLYBzOwGL?s=20. This marks the second Twitter Space event for Kaspa Currency.
For more information about Kaspa, check out their website at https://kaspa.org/, their Wiki at https://wiki.kaspa.org/en/home, and follow them on various platforms including Medium, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and their Explorer.
I’ll be participating in the Kaspa discord as well—look for Bubblegum Lightning. See you at the Twitter Space!
This news comes from the announcement “Twitter Space — Updates & AMA” originally posted on the Kaspa website.
Feb 28, 2023 | News
As February 2023 comes to a close, the cryptocurrency market is cautiously optimistic. The question on everyone’s mind is whether the bear market will persist or if the bulls will take control and lead the market to new heights.
A glance at popular crypto market trackers Coingecko and CoinMarketCap reveals that many cryptocurrencies are currently experiencing losses. However, there are a few standout cryptos that are showing resilience and potential for growth as we move into the new month.
Today, we’re highlighting the top 5 cryptos that are poised for significant gains:
First up is ADA, the native token of the Cardano blockchain. Despite the bearish trend that has been prevalent in the market, ADA is showing signs of an uptrend, with a notable daily gain. While the token’s price is still affected by the overall market downturn, it has found support at the $0.3563 level. The long-term outlook for ADA remains neutral, indicating a tug-of-war between bulls and bears. If the support level holds, we could see short to medium-term gains for ADA.
Next is LTC, Litecoin’s token, which has also faced challenges in the bear market. However, recent market data suggests that LTC is on its way back to the $100 mark. Since February 25, Litecoin’s price has been rising, accompanied by a decrease in trade volume. This could indicate a shift from panic selling to buying pressure. Currently, LTC bulls should focus on the $90.73 support level, which has been a strong defense against bearish movements since January. With new partnerships forming for Litecoin, reaching near $100 in the coming weeks seems plausible.
Ranked 95th on Coingecko by market cap, XEM, the token for the NEM network, has seen a surge of nearly 40% in the daily timeframe, defying the broader crypto market trend. This increase is supported by a significant rise in trading volume. As NEM continues to develop its vision of a “NASDAQ for the new economy,” XEM’s price is expected to climb even higher in the days ahead.
STX, the native token of Stacks, which introduced smart contracts to Bitcoin’s ecosystem, has also been performing well. With a market cap of $1.2 billion, STX has risen more than 11% since yesterday, outperforming the general crypto market and other smart contract-related tokens. This recent price movement has brought STX to levels last seen in May 2022, potentially setting the stage for a push towards $1.
Lastly, KAS, the native token of Kaspa, which utilizes the GHOSTDAG protocol, is on an upward trajectory as its community works to secure a listing on one of the top 10 exchanges. The consistent increase in trade volumes indicates strong interest in KAS. Currently, a breakthrough at $0.008886 could give bulls an advantage, with a potential target of $0.012914. If this bullish momentum continues, KAS may establish itself above $0.008886 and aim for $0.012914 in the coming weeks.
As we keep an eye on these promising cryptos, it’s clear that despite market challenges, there are opportunities for growth and gains in the ever-evolving world of cryptocurrency.
-Featured image courtesy of CryptoNews.com
Source: bitcoinist.com
Feb 28, 2023 | News
The Kaspa network has taken a significant step forward with the implementation of DAGKnight, a new protocol. On February 23rd, 2023, an updated version of the DAGKnight whitepaper was released, offering new figures, a high-level overview of the algorithm, and important related-work notes. This update marks the first step towards implementing DAGKnight into the Kaspa network.
In December 2022, the Kaspa community held a crowdfunding campaign to raise 70 million KAS for the development of DAGKnight. The campaign was successful, meeting its goal in just 12 days, highlighting the importance of the protocol to the community.
DAGKnight is designed to improve upon Kaspa’s existing PHANTOM GhostDAG Protocol. It aims to resist 50% attacks and self-stabilizes as network conditions change, making it more efficient and secure than traditional blockchain protocols. The protocol adjusts block confirmation times based on real-time network conditions and uses k-clusters to evaluate network delay and counter attacks.
The updated whitepaper provides clear illustrations and explanations of how DAGKnight functions and differs from other protocols. It also includes related-work notes that offer insights into the research and development behind the protocol.
The DAGKnight protocol will make Kaspa the first proof-of-work cryptocurrency that is parameterless, scalable, self-stabilizing, and adaptive. This upgrade promises to be more efficient and secure than traditional blockchain protocols, representing an exciting evolution in blockchain technology.
The release of the updated whitepaper and the successful crowdfund are promising signs for the future of Kaspa and the DAGKnight protocol. The Kaspa community can access the updated whitepaper at https://eprint.iacr.org/2022/1494.pdf and follow the latest developments on Twitter at @MichaelSuttonIL.
Feb 28, 2023 | News
Kaspa is a new digital currency that is quickly gaining attention for its unique features and user-friendly design. Unlike other cryptocurrencies, Kaspa has a wallet interface that is easy to navigate, making it accessible for people of all skill levels.
One of the biggest advantages of Kaspa is its fast transaction times, thanks to its blockDAG-based architecture. This means that transactions can be processed much faster than traditional blockchain technology, making it a practical choice for users.
Kaspa also offers low transaction fees, which can save users and merchants money compared to other cryptocurrencies. Additionally, the platform is designed to be interoperable, allowing users to easily move assets between different digital currencies and blockchain networks.
The community-driven governance model of Kaspa gives users a say in the platform’s development and decision-making, building trust and confidence in the network. The open-source code and development tools also make it a developer-friendly platform, encouraging innovation and growth.
Overall, Kaspa’s features are driving adoption and expanding the potential uses and benefits of the cryptocurrency. With its focus on user-friendliness, speed, low fees, and community involvement, Kaspa is poised to become a significant player in the world of digital currencies.
Feb 23, 2023 | News
The Kaspa community is rallying together to raise funds for a listing on a top-tier crypto exchange. The crowdfunding campaign, which ends on March 4th, 2023, has already achieved a significant milestone by collecting $100,000 in just eight days.
The funds will be used to enhance the Kaspa infrastructure, increase liquidity and accessibility on the exchange, and improve the overall user experience. A minimum contribution of $50,000 worth of KAS and $50,000 worth of USDT is required to participate in the campaign. Any excess funds will be converted to balance the KAS and USDT pools.
If the goal is not met by the deadline, contributions will roll over to the next exchange opportunity. This listing aims to meet the growing demand for Kaspa and increase its visibility in the crypto market.
The Kaspa community encourages everyone to show their support by contributing to this campaign, which promises exciting new developments for Kaspa’s future. Links to the USDT and KAS pools are available for those interested in participating.
For more information on the campaign and how to contribute, visit the Kaspa website or find discussions on their Discord and Telegram channels.