The program: – What have the Rust factors done prior to launch (Michael) – Overview of how testnet11 will be utilized progressing (Shai) – Mempool refactoring (Georges) – Pruning hunger (Michael) – Integration structure (Anton) – testnet11 KGI (Georges) – P2P enhancements (Michael)
ABOUT KASPA Kaspa is the fastest and most scalable immediate verification deal layer ever constructed on a proof-of-work engine. Deals sent out to miners can be consisted of instantly in the journal, which is structured as an innovative BlockDAG. Kaspa is based upon the GhostDAG/PHANTOM procedure, a scalable generalization of the Nakamoto Consensus (Bitcoin agreement). Its style is devoted to the concepts Satoshi embedded into Bitcoin– proof-of-work mining, UTXO-formed separated state, deflationary financial policy, no premine, and no main governance. Kaspa is special in its capability to support high block rates while keeping the level of security provided by the most safe and secure proof-of-work environments. Kaspa’s existing mainnet runs with one block per second. After the rust language reword, the core designers’ objective is to increase the variety of blocks per 2nd considerably, bring in the advancement of clever agreements and DeFi. The cryptocurrency landscape is overflowing with development, with each task contending to conquer restrictions and provide distinct benefits. Kaspa gets in the fray as a Proof-of-Work (PoW) cryptocurrency with a distinct twist: the GHOSTDAG procedure. This twist is what sets Kaspa apart. Unlike traditional blockchains, Kaspa uses a blockDAG (directed acyclic chart). This allows Kaspa to accomplish lightning-fast deal speeds, supposedly processing a block per second. Image sending out a cryptocurrency payment and getting near-instant verification – that’s the speed Kaspa makes every effort to attain. Speed isn’t the only element to think about. Worldwide of cryptocurrency, security is critical, and Kaspa is crafted to withstand 51% attacks, a typical danger. Kaspa cultivates a decentralized network with a growing neighborhood of miners and nodes, reinforcing security. The task exemplifies 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 allotments for designers. This promotes trust and openness within the Kaspa neighborhood. With its concentrate on deal speed, scalability, and a safe, community-driven method, Kaspa is an appealing competitor in the ever-evolving cryptocurrency landscape. The concern of whether it will end up being the fastest and most scalable immediate verification deal layer constructed on a proof-of-work engine stays unanswered, however Kaspa is undoubtedly a job deserving of attention. While this post has actually offered a top-level summary of Kaspa’s capacity, remaining updated on the most recent advancements is essential for any educated financier or crypto lover. For those wanting extensive analysis, technical conversations, and breaking news associated to Kaspa, Kaspanews.net is an important source. Kaspanews.net is devoted to keeping you participated in the Kaspa discussion, guaranteeing you’re constantly in the understand.
Chainge Finance has launched a groundbreaking bridge that connects Kaspa with the ERC-20 network, creating exciting new opportunities for both Kaspa and Ethereum users. This bridge allows for seamless and secure asset transfers between the two networks through Chainge’s user-friendly decentralized exchange mobile app. With this development, users can now easily access Ethereum’s well-established DeFi ecosystem and participate in activities such as yield farming, lending, and borrowing on platforms like Uniswap, Aave, and Compound.
The introduction of Wrapped Kaspa (wKAS) as an ERC-20 token is central to this innovation, enabling users to tap into Ethereum’s DeFi landscape using their Kaspa holdings. Users must verify the wKAS contract address to ensure safe interactions and avoid scams.
Chainge Finance offers a range of decentralized financial solutions powered by Cross-Chain Fusion DCRM technology, which has a strong four-year track record in digital security. The platform provides capabilities like bridging, cross-chain swaps, and earning potential on stablecoins without impermanent loss. Unique features like Time-Framing and a decentralized escrow service add to the platform’s offerings.
With the new custodial bridge, the future of DeFi looks promising for Kaspa users. They can now explore the Ethereum ecosystem more deeply and benefit from various decentralized financial services. The Chainge app is available for download on both iOS and Android devices.
For those interested in staying updated on Kaspa, links to their official social media and online resources are provided. The original article can be found on Kaspa’s website.
NOWPayments and CoinPal have announced their upcoming integrations with Kaspa, a cryptocurrency known for its speed and everyday use. This move is expected to benefit merchants and businesses by providing an easy and secure way to accept Kaspa payments.
As e-commerce continues to evolve, businesses are looking for ways to stay ahead of the curve. Cryptocurrencies like Kaspa offer benefits such as decentralization, transparency, and security. The integration with NOWPayments, a non-custodial service that supports over 200 cryptocurrencies, will allow merchants to easily accept Kaspa payments by embedding an HTML code onto their platform.
CoinPal, another cryptocurrency payment solution, has already integrated Kaspa. The platform supports large order volumes and guarantees against chargebacks, ensuring the safety and efficiency of transactions. CoinPal also offers easy integration with just two lines of code.
Merchants have several reasons to choose Kaspa for their payment ecosystem, including its decentralization and security, global reach, speed and efficiency, protection against inflation, customer anonymity, and adaptability to the digital landscape.
The integration of Kaspa through NOWPayments and CoinPal presents an exciting opportunity for e-commerce businesses to expand their customer base and enhance their service offerings. Embracing the future of commerce by incorporating Kaspa into business operations can drive growth in the digital currency era.
Kaspa, a leading proof-of-work platform, has announced a groundbreaking achievement on its testnet. The company has successfully reached a rate of 10 Blocks Per Second (BPS), setting a new standard in the cryptocurrency industry.
The platform launched Testnet 11, a public experimental network, to achieve this impressive block rate. This development opens up new opportunities for innovation in the field of cryptocurrency.
Yonatan Sompolinsky, Founder of Kaspa and co-author of the GHOSTDAG protocol, expressed his excitement about the achievement. He emphasized that the system’s high sensitivity to errors and the need for top-notch execution capabilities make this a significant milestone.
Michael Sutton, a core developer at Kaspa, highlighted the importance of performance in cryptocurrency scalability. He pointed out that the scalability of a cryptocurrency is now limited by computation limits, not the protocol itself.
Shai Deshe, a Kaspa researcher, added that this is the first time a public proof-of-work network has achieved such high transaction rates on affordable hardware. He mentioned that surpassing 3000 TPS has been surprisingly effortless and raised the possibility of outperforming VISA.
This achievement is a significant step forward in realizing Satoshi Nakamoto’s vision of an efficient and widely adopted cryptocurrency. Kaspa’s use of blockDAG technology to handle high transaction volumes paves the way for future innovations in digital currencies.
Witness this historic milestone live on the Kaspa Twitch channel: https://twitch.tv/kaspacurrency.
About Kaspa:
Kaspa is the fastest and most scalable instant confirmation transaction Layer-1 built on proof-of-work. Using the GHOSTDAG protocol, Kaspa offers high block rates while maintaining security and decentralization.
For more information, visit the Kaspa website at https://kaspa.org, follow them on Twitter at https://twitter.com/KaspaCurrency, or read their Medium blog at https://medium.com/kaspa-currency.
Media Contact:
Nathaniel Crowningshield
Email: [email protected]
Website: https://kaspa.org
The original announcement can be found on Kaspa’s website: https://kaspa.org/kaspa-achieves-10-bps-in-testnet-sets-a-new-benchmark-in-cryptocurrency.
Kaspa, a cryptocurrency and cryptography company, has made a significant breakthrough with their Testnet 11, which operates at a speed of 10 blocks per second (BPS). This experimental network serves as a testing ground for developers to trial new technologies in a controlled environment.
Testnet 11 has been designed to stress test the network’s capabilities under various conditions, including fluctuating hash rates and transaction loads. Developers and users are encouraged to participate by joining, mining, experimenting, or setting up nodes.
The results from Testnet 11 have defied expectations and set new records in the world of proof-of-work protocols. The Kaspa protocol has managed to process thousands of transactions per second on affordable hardware, which was previously thought to be impossible.
To participate in Testnet 11, users need to download the Rusty Kaspa software, which allows them to connect to the network and sync with other nodes. CPU mining is also encouraged, but optional. The basic hardware requirements include 16GB RAM, a CPU with 8 or more cores, and a 50GB SSD drive.
The success of Testnet 11 has paved the way for the implementation of 10 BPS speeds on Kaspa’s mainnet. However, this will involve several steps and testing phases to ensure stability before it goes live.
Kaspa’s advancements demonstrate the continuous evolution of cryptocurrency and its potential to push boundaries. For those interested in participating or learning more about the Rust rewrite, further information can be found on the Rusty Kaspa GitHub page. However, it’s important to note that Testnet 11 is still a testing environment and may experience instability during the experimentation process.
For updates and engagement with the Kaspa community, users can visit their Discord, Twitter, Reddit, and other social media platforms.
CoinPal Expands Cryptocurrency Payment Services with Kaspa Integration
A Trusted Crypto Solution for Digital Business
CoinPal
CoinPal.io, a prominent cryptocurrency payment service provider, has announced the integration of Kaspa, a decentralized peer-to-peer cryptocurrency, into its platform. This move enhances CoinPal’s services by offering faster transaction speeds, increased scalability, and lower fees.
CoinPal supports over 50 different cryptocurrencies and is now adding Kaspa to its list. This integration aims to advance e-commerce and establish CoinPal as a key player in the adoption of cryptocurrencies.
The company’s dedication to promoting the use of cryptocurrencies is evident in its support for various industries, including live streaming, VPN services, and even coffee shops.
“The CoinPal support team is top-notch…Their integration with Shopify is seamless and allows for a wide range of cryptocurrency payments, which are quickly converted into the store owner’s preferred currency. This is a win-win for merchants of all sizes.”
– Brand 425 Coffee
Beyond supporting multiple cryptocurrencies, CoinPal focuses on improving user experiences through easy integration with eCommerce platforms like WooCommerce, Magento, Opencart, Zen Cart, PrestaShop, Shopyy, Shoplazza, and Shopify.
“All automation on my site worked perfectly! Unlike other checkout apps that required manual input, this one operates smoothly.”
– Pool Party Nodes
DeFi for TradFi
In an attempt to bridge traditional finance with cryptocurrency, CoinPal has launched a crypto credit card that can be linked to mobile payment solutions like Apple Pay in under a minute. The card offers privacy protection and does not require personal information from users.
CoinPal ensures user funds are secure by holding an EU cryptocurrency exchange license. In partnership with Glocash, CoinPal’s crypto credit card can be used similarly to traditional credit cards, thanks to VISA and Mastercard partnerships.
CoinPal is at the forefront of global cryptocurrency payment solutions with its diverse cryptocurrency support, eCommerce platform integration, and innovative services like the crypto credit card.
CoinPal.io
Tip: CoinPal aligns with Kaspa’s mission to make cryptocurrency practical and accessible for everyday transactions.
For more information on Kaspa and CoinPal, visit their respective websites and follow them on social media platforms such as Twitter, Reddit, GitHub, and Telegram.
The original post “Kaspa Integrated with CoinPal” can be found on Kaspa’s website.
