Feb 11, 2023 | News
The latest developments in Kaspa’s technology have been making waves in the cryptocurrency community. The research paper on DAGKnight, a new consensus mechanism, has been published and is expected to improve transaction speeds and security. The upgrade to this new protocol is currently being funded and developed.
Additionally, Kaspa’s programming language is being rewritten from Golang to Rust, which is expected to increase performance and allow for better utilization of modern computing hardware. This rewrite is part of Kaspa’s goal to reach 100 blocks per second.
A mobile wallet is also in the testing phase, providing a high-performance option for users on the go. This will complement the existing web, desktop, and command-line interface wallet options.
In other news, development has begun on integrating Kaspa with Ledger, a popular hardware wallet platform. This will provide users with a secure way to store their Kaspa currency.
Furthermore, an official white paper is being planned for release, which will combine Kaspa’s past research and current goals into a comprehensive document. Archival node improvements are also in development, allowing for better access to historical data sets.
Lastly, Kaspa is planning to implement smart contracts and aims to become the fastest, most scalable, and most secure Layer-1 PoW cryptocurrency. With a strong foundation and community support, Kaspa is poised for success in the future.
For more information and updates, visit Kaspa’s official website and social media channels.
Feb 8, 2023 | News
When the rewards for mining Kaspa blocks come to an end, the transaction fees will become the new source of income for miners. This was announced in a recent post published on February 8th, 2022, along with the full emission schedule.
The end of blockchain emissions, also known as the stop in the production of new tokens or coins, can occur for various reasons. In Kaspa’s case, it’s because the blockchain has reached its maximum supply limit specified in its code. This means that miners will have to look for other ways to earn rewards, such as through transaction fees.
Kaspa’s consensus mechanism is designed to last, with no plans to switch to a different method. Even after emissions end, miners will still be needed to secure the network and will be rewarded with transaction fees for their services.
The Kaspa blockchain has a maximum block reward that will be equivalent to a specific value calculated by a formula, which takes into account the block production rate and transaction fees. This value will be reached by the end of the 14th year of Kaspa emission.
For those who are curious about how these numbers are calculated, the post provides a detailed breakdown. It explains that the maximum single-block reward in Kaspa is determined by factors such as the transaction fee, the number of unspent transaction outputs (UTXOs), the number of transactions, and the block production rate.
In summary, when Kaspa reaches the end of emissions, miners will be rewarded with transaction fees according to a specific formula since block rewards will no longer exist. For further information, interested parties can visit Kaspa’s GitHub page.
For more updates and discussions, readers can find Kaspa on various social media platforms such as Discord, Telegram, Twitter, Reddit, and GitHub. Additionally, they can explore the blockchain using Kaspa’s explorer.
The original post titled “To the Ends of the Emissions” can be found on Kaspa’s website.
Feb 8, 2023 | News
The world of blockchain technology is evolving rapidly, and Kaspa is at the forefront with its open-source, decentralized, and fully scalable Layer-1 platform. Although still in its early stages, Kaspa is working on incorporating advanced features such as smart contracts and tokenization systems. With a recent rewrite of its code in Rust language, the platform is laying the groundwork for these future functionalities.
Kaspa’s ecosystem offers a range of user-friendly tools and applications. The Kaspa Explorer provides real-time network metrics, including supply data and mining information. It’s an invaluable resource for keeping tabs on the network’s status and performance.
For those interested in a visual representation of the blockchain, the Kaspa Graph Inspector (KGI) displays the connections between blocks in the chain. It updates live, offering a deep dive into the network structure.
Another tool, KasBoard, utilizes Grafana to deliver in-depth analytics and live data about the network. It’s a powerful way for users to monitor key metrics and performance indicators.
Despite its youth, Kaspa has managed to tackle the blockchain trilemma—balancing scalability, security, and decentralization—head-on.
To stay connected with the Kaspa community and get the latest updates, you can follow them on various social media platforms like Discord, Telegram, Twitter, Reddit, and GitHub. You can also explore their network further through the Kaspa Explorer.
For more detailed information about Kaspa and its offerings, visit their website or check out the original article, “The Kaspa Ecosystem,” on Kaspa’s site.
Feb 7, 2023 | News
On October 31st, 2022, Yonatan Sompolinsky introduced the DAGKnight consensus mechanism during a presentation at the University of California, Berkeley. The presentation took place on the first day of the Crypto Economics Security Conference, which ran until November 2nd, 2022.
Sompolinsky shared details about DAGKnight, its purpose, and its future prospects on the Kaspa platform.
For more information on DAGKnight, readers can visit the Kaspa Medium page.
As a tip for those interested in computer science, biological sciences, and social sciences, UC Berkeley is known for its highly sought-after programs in these fields.
To stay updated on Kaspa, individuals can follow their official social media channels on UC Berkeley’s website, Kaspa’s website, Discord, Telegram, Twitter, Reddit, GitHub, and Explorer.
If you have any questions or would like to connect with others in the Kaspa community, feel free to join the discussion on the Kaspa Discord server under the username Bubblegum Lightning.
For more details on the DAGKnight presentation at UC Berkeley and other Kaspa updates, please visit the Kaspa website.
Feb 7, 2023 | News
Rust node P2P handshaking Go node.
RUST update from Kaspa’s Core Developer, Michael Sutton.
Kaspa work in progress: Rust node P2P handshaking Go node.
Michael Sutton tweeted on January 31st, 2023 about the progress.
“P2P infrastructure was recently completed and merged into the rust codebase. The new and legacy nodes are communicating and exchanging data successfully! Now we can implement the full P2P flows.”
For more details on development, visit Kaspa’s GitHub page.
Michael Sutton is active on Twitter, and you can also follow Kaspa on various platforms such as Discord, Telegram, Reddit, and their official website.
If you have any questions or comments, feel free to reach out or join the Kaspa Discord community.
The original post “Kaspa on Rust – Update” can be found on Kaspa’s website.
Feb 7, 2023 | News
A new affordable and energy-efficient solution for running a Kaspa Node on the Raspberry Pi 4 Model B has been released by nwbower. This Docker image allows users with an 8GB Raspberry Pi to operate a node that uses around 4.5 GB of memory when synced.
nwbower’s Kaspa Node in Docker is designed for easy setup and is compatible with Ubuntu 22.04.1 LTS on a 512GB SSD. The release also includes a shout out to supertypo for providing a detailed guide and other versions of the Kaspa Node.
The Docker image can be found at nwbower’s Docker Hub page, and the build source is available on GitHub. The Kaspa Node binaries are unmodified from the official version, and the load balancer, HAProxy, is licensed under GPLv2.
For those interested in setting up their own Kaspa Node in Docker, a helpful CLI reference can be found on the kaspawiki. Additionally, the Kaspa community can be reached through various platforms such as Discord, Telegram, Twitter, Reddit, and GitHub. An explorer for the Kaspa blockchain is also available online.
For more information or to ask questions, interested parties can reach out to Bubblegum Lightning on the Kaspa Discord. The original article can be found on the Kaspa website.
