In a surprising twist, the Loom Network’s LOOM token has taken the crypto world by storm, surpassing even Bitcoin in recent discussions. The altcoin’s impressive performance has seen its value skyrocket by over 570% in just one month.
The buzz around LOOM began after an X (formerly Twitter) post by Santiment on October 13, highlighting its dominance in social media conversations. The altcoin’s rally defied the bearish trend in the market, with its price jumping from $0.038-$0.039 to $0.268.
The Loom Network’s spotlight moment has overshadowed other cryptocurrencies like Bitcoin and Dogecoin, which have been embroiled in their own dramas. Bitcoin’s discussions have been influenced by the testimony of Alameda Research’s ex-CEO, while Dogecoin has been relegated to ninth place in trending topics, despite being the leading meme coin.
Other cryptocurrencies like Kaspa Network (KAS) and USDR have also been part of the discourse, with KAS experiencing a significant rally and USDR facing a de-pegging issue. Tokens like AZERO, CRO, FRAX, and XCN have also been mentioned frequently.
As for the Loom Network, its LOOM token remains at the forefront, with a 25% increase in the last 24 hours and a 516% surge in the last 30 days. The token’s current price stands at $0.26, as per CoinMarketCap data, making it one of the top gainers in the crypto market.
The Kaspium mobile wallets now make it simpler than ever to add to the Community Marketing Fund and Devfund, or any wallet address where the link is readily available. This might likewise work for online merchants who can ascribe a wallet address to product and services. Check it out by contributing to the CMF today! https://kaspa.org/community-marketing-fund-refresh-proposal-fall-2023/ Scroll to the bottom of the short article, click the Kaspa Address and support the cause! In the world of cryptocurrency, development is plentiful as jobs contend to exceed constraints and provide distinct benefits. Kaspa goes into the scene as a Proof-of-Work (PoW) cryptocurrency with a distinct twist: the GHOSTDAG procedure. This special function differentiates Kaspa from its equivalents. Unlike standard blockchains, Kaspa makes use of a blockDAG (directed acyclic chart). This makes it possible for Kaspa to accomplish lightning-fast deal speeds, apparently 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 video game in town. Security is of utmost value in the world of cryptocurrency, and Kaspa is crafted to stand up to 51% attacks, a widespread concern. Kaspa cultivates a decentralized network with a growing neighborhood of miners and nodes, enhancing security. The task characterizes 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 amongst 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. Whether it will become the fastest and most scalable immediate verification deal layer constructed on a proof-of-work engine stays unsure, however Kaspa is unquestionably a job worth tracking. This video has actually provided a short peek into Kaspa’s capacity, keeping abreast of the newest advancements is necessary for every educated financier or crypto lover. For those wanting extensive analysis, technical conversations, and breaking news associated to Kaspa, Kaspanews.net is an important source. This specialized news platform promises to keep you upgraded on all things Kaspa, guaranteeing you remain ahead of the curve.
Kaspa, the innovative cryptocurrency network, has just released its latest mobile wallet, Kaspium v1.0.1. This new wallet is designed to be user-friendly and intuitive, making it easy for users to manage their digital assets.
Kaspium offers a range of features that simplify the process of managing cryptocurrencies. Users can create new wallets with a 24-word secret phrase or import existing wallets using a 12-word or 24-word phrase. The wallet also allows for the creation and import of multiple wallets, providing flexibility for users with diverse needs.
The wallet’s functionalities include sending and receiving KAS, the native currency of the Kaspa network, with detailed transaction history and address lists. Users can also filter addresses to view only those with funds, generate QR codes for receiving funds, and scan QR codes for quick payments.
Kaspium supports 38 different fiat currencies and offers multilingual support, catering to a global audience. Users can customize their visual experience with light or dark themes and secure their wallets with PIN codes, biometrics, and passwords. The wallet also has an auto-lock feature for added security.
Other notable features include the ability to connect to custom Kaspa nodes, manage contacts, combine multiple UTXOs, and utilize Kaspa URIs for rapid transactions. Kaspium also provides access to the Kaspa Explorer, Katnip, and Kas.fyi for transaction details.
The release of Kaspium v1.0.1 is a testament to Kaspa’s commitment to providing a top-tier user experience that combines functionality and security. The wallet is available for download on both iOS and Android app stores.
Kaspa continues to make strides in the cryptocurrency world, with Kaspium being the latest addition to its suite of tools designed to enhance user experience. The development of Kaspium was led by Azbuky, a dedicated developer within the Kaspa community.
For more information about Kaspa and Kaspium, users can visit the official Kaspa website, Kaspa Wiki, or follow Kaspa on various social media platforms such as Medium, Teletype, Discord, Telegram, Twitter, and GitHub.
The Kaspa community has successfully reached its fundraising goal for the Community Marketing Fund (CMF), which will help continue the promotion and adoption of Kaspa. However, the need for funding is ongoing, and contributions are still welcome.
Kaspa has seen significant growth since the marketing efforts began, with the value of KAS increasing and social media followers multiplying. The team has been actively creating content, onboarding merchants, and developing educational resources. The upcoming focus is on equipping ambassadors and outreach for 2024.
The CMF is seeking an additional 80,000 KAS per month for the next three months to support these initiatives. The funds will be allocated to content creation, ambassador support, and other marketing efforts. If the value of Kaspa increases, the spending will be adjusted accordingly.
To contribute to the CMF and support Kaspa’s growth, donations can be sent to the provided wallet address. The Kaspa community expresses gratitude for the continued support and dedication to the project’s success.
For more details on the proposal and to join the discussion, visit KaspaTalk.org.
At the first ever ETH Chicago event from September 15-17, a gathering of blockchain fans, developers, and students took place. Nicholas Harness, a Kaspa Ambassador and member of Kapsa-U, delivered a talk on the integration of Kaspa and CollegeDAO within the student web3 community. He also explored how students are getting involved and contributing to this sector.
The report focuses on the highlights of Harness’ talk and its impact on blockchain education, the MIT Bitcoin experiment, CollegeDAO’s proposed follow-up experiment, and Kaspa’s influence on the student scene.
Approximately 100 people attended the Kaspa discussion, mainly students and hackers. It was reported that there were about 80 students from CollegeDAO, but only 17 were able to gather for a group photo.
Student Involvement in Web3 Nicholas Harness started his talk by discussing the significance of Web3 technologies and the vital role students can play in its development. He identified opportunities for learning, collaboration, and skill development as key benefits for students involved in blockchain projects.
He also touched on the MIT Bitcoin experiment from 2014, which gave Bitcoin to MIT students but had its limitations, mainly focusing on Bitcoin without a broader educational approach. CollegeDAO’s planned successor experiment aims to overcome these limitations by creating a decentralized system for distributing cryptocurrencies to students across various universities to encourage wider adoption.
Conclusion Harness’ presentation highlighted the importance of student participation in Web3 and blockchain. It showcased Kaspa’s dedication to advancing blockchain technology and supporting student engagement. Moving forward, student and educational involvement will continue to shape the future of blockchain, elevating Kaspa and Web3 in the traditional business world.
The talk concluded with a thank you note to Rhubarbarian for providing the Kaspa Slide Deck used in the presentation and encouraged support for the Community Marketing Fund
On the 6th and 7th of September, 2023, the Stakeholders in Blockchain Association of Nigeria (SIBAN) hosted the Digital Assets Summit. This event brought together industry leaders and enthusiasts to discuss the future of finance and technology through blockchain and digital assets. The summit highlighted Nigeria’s growing role in the global blockchain ecosystem and the importance of digital assets in today’s financial landscape.
Key topics at the summit included the DeFi revolution, with discussions on how it could transform traditional finance. Non-Fungible Tokens (NFTs) were also a focus, as they offer new ways for creators to monetize their work. The event also addressed the need for responsible digital asset regulation and explored blockchain’s potential for social impact.
The summit provided a platform for networking and collaboration, emphasizing Nigeria’s significant position in the blockchain community. I was honored to represent Kaspa BlockDAG as the Nigeria Ambassador during the event, discussing Kaspa’s technology and potential partnerships.
Moving forward, Nigeria’s blockchain and digital asset community is set to drive innovation and change. SIBAN’s summit has laid a foundation for future advancements in this vibrant ecosystem.
To support ongoing efforts in Nigeria, donations can be made to the Community Marketing Fund or directly to local initiatives. Those interested in becoming ambassadors in their regions can apply through Kaspa’s website. Volunteers play a vital role in representing Kaspa and growing local communities, with support from the Community Marketing Fund for expenses related to events and promotions.
