Satoshi Nakamoto, the enigmatic creator of Bitcoin, championed the idea of a “fair launch” in the world of cryptocurrency. This means that every individual has an equal chance to be involved in the launch of a new digital currency. Kaspa, a fresh entry into the cryptocurrency market, adhered to this principle. Let’s take a closer look at how Kaspa began and how it made its principles known to the public.
In 2021, DAGLabs faced challenges due to unripe mining technology and limited resources. Nonetheless, the groundwork they laid was crucial for the birth of Kaspa, a new proof-of-work digital currency.
Announcing the Public Launch
The rollout of Kaspa was announced in detail, highlighting its promise as a pioneering blockDAG cryptocurrency. Yonatan Sompolinsky shared the launch plans in a Medium post on September 21st, 2021. This announcement was pivotal for Kaspa, initiating open communication with the public about its development.
Even before this announcement, Sompolinsky was interacting with the community on Twitter, sharing the progress of Kaspa’s testnet in April 2021. Major financial news platforms like Investing.com and Finance Magnates also covered Kaspa’s entrance into the market.
Kaspa’s fair launch took place on November 7th, 2021, without any pre-mine or pre-sale arrangements.
The Essence of a Fair Launch
Yonatan Sompolinsky documented Kaspa’s fair launch in an article titled “Kaspa Launch Plan (responding to reality).” He emphasized that Kaspa is a community-driven project, free from central control. This approach reflected the fair launch values of Kaspa.
By November 26th, 2021, Kaspa was up and running. Its successful launch was announced on BitcoinTalk, a popular crypto forum, marking the start of its fair launch campaign.
Kaspa launched without a marketing team or budget for one. A small team ran the project, using public announcements and social media for growth. The community kept everyone updated on platforms like Discord, Twitter, Telegram, GitHub, and Reddit.
In line with fair launch ideals, there was no exclusive distribution of tokens during Kaspa’s launch. Everyone had equal access to participate in the project from the start.
Fair Launch Equals Crowdfunding
Since Kaspa launched fairly without initial funds, the community adopted a crowdfunding model. This model relies on multi-signature wallets and treasurers chosen by community members, promoting collective ownership and transparent governance.
A Community-Centric Approach from Day One
The community decided to adopt kHeavyHash as its mining algorithm just before the launch to ensure equality among miners. Over time, other mining hardware was introduced to further decentralize Kaspa.
Kaspa’s journey is marked by open communication and equal opportunity. The transparency in its announcements sets a standard for fair launches in cryptocurrency.
Tip: Visit Kaspa’s FAQ for more information on its fair launch.
Title: Kaspa Community to Host AMA Session on ChangeNOW and NOWPayments Integration
The Kaspa community is gearing up for an exciting Ask Me Anything (AMA) session hosted by Bubblegum Lightning, featuring Kate from ChangeNOW. The event is scheduled for Thursday, July 27th, at 22:00 UTC and will cover the recent integration of Kaspa on both ChangeNOW and NOWPayments platforms.
ChangeNOW is a user-friendly platform for fast and secure cryptocurrency exchanges, offering nearly 700 coins for exchange without any limits or need for account creation. It also allows the purchase of cryptocurrency with Visa or MasterCard.
NOWPayments, launched by the ChangeNOW team in 2019, is a leading service for accepting crypto payments on various online platforms. It supports over 50 cryptocurrencies and offers low transaction fees, easy integration, and several widgets for transactions and donations. Additionally, NOWPayments has developed plugins for crypto payments on major online e-commerce providers.
The integration of Kaspa on ChangeNOW and NOWPayments is expected to enhance liquidity and market exposure for Kaspa while promoting its adoption and utility among merchants and individuals.
The AMA session with Bubblegum Lightning and Kate from ChangeNOW on July 27th offers a chance to learn more about this significant development in the Kaspa ecosystem. Join the conversation on Twitter Spaces using the provided link.
For those interested in implementing crypto payments, NOWPayments presents an excellent opportunity to boost e-commerce stores.
Stay connected with the Kaspa community through their various online platforms including Twitter, Reddit, GitHub, and more. Don’t miss the chance to engage with Bubblegum Lightning on Twitter.
Developers from the Kaspa community, KaffinPX and Not Thomiz, have started a crowdfunding campaign to create a browser extension wallet for Kaspa. This wallet aims to function similarly to the popular MetaMask wallet for Ethereum and will be compatible with Firefox and Chromium-based browsers. The wallet will allow users to start new accounts or import existing ones and manage their Kaspa coins easily.
The extension wallet will also feature a contact list for storing frequently used Kaspa addresses and customizable settings for a personalized experience. Additionally, the wallet will offer features like website interoperability, online shopping convenience, and a Merchant Mode to help businesses accept KAS as payment.
The development plan for the wallet includes basic features like creating/importing wallets and sending/receiving operations in the first week, followed by the implementation of the window.kaspa API in the second week, and rolling out Merchant Mode in the third week. The team aims for a stable release approximately one month and a week after starting the project.
The crowdfunding goal is set at 250,000 $KAS, with a designated wallet address provided for contributions. If the total amount needed is not raised, the collected funds will be reserved for future community-backed projects.
The Kaspa community has shown support for this initiative, and fundraising is currently in progress. With the upcoming introduction of Kaspa smart contracts, this wallet is expected to make it easier to use Kaspa for transactions.
For more information and updates on this project, interested individuals can visit Kaspa’s official website or follow their social media channels on platforms like Twitter and Discord.
Bitpanda, a leading multi-asset platform known for its diverse offerings in cryptocurrency, forex, and online brokerage, has announced the addition of Kaspa to its listings on July 13th, 2023. This move further solidifies Bitpanda’s commitment to providing its users with a secure and user-friendly platform that offers access to over 2000 digital and traditional currencies, precious metals, stocks, and more.
Bitpanda is celebrated for its wide range of cryptocurrencies and is also known for its quick and simple account setup process, as well as its low deposit requirements. These features, along with its intuitive user interface, make Bitpanda an appealing option for both new and experienced traders. The listing of Kaspa not only expands the reach of the Kaspa ecosystem but also aims to grow Bitpanda’s user base, offering more opportunities for individuals and institutional investors to delve into the exciting world of digital asset trading.
Security is a top priority for Bitpanda, which employs advanced encryption techniques and multi-layered defense mechanisms to protect against potential threats. The platform is constantly monitored, and regular audits and penetration tests are conducted to continuously improve its services. The introduction of Kaspa is a testament to Bitpanda’s ongoing efforts to strengthen its security measures while expanding its digital asset offerings.
The incorporation of Kaspa into Bitpanda’s comprehensive platform marks a significant milestone in the cryptocurrency industry. As Bitpanda continues to broaden its offerings and enhance its services, users can look forward to increased trading and investment opportunities in the dynamic world of cryptocurrencies and digital assets. Furthermore, Kaspa’s listing on Bitpanda contributes to the growth and expansion of the Kaspa ecosystem.
Bitpanda allows users to use various currencies such as EUR, CHF, GBP, USD, PLN, DKK, SEK, HUF, or CZK for payments and cashouts.
For more information on Kaspa and its ecosystem, visit their official website, wiki page, Medium blog, or connect with them on various social media platforms like Teletype, Discord, Telegram, Twitter, Reddit, GitHub, Explorer, and Bubblegum Lightning.
This news report was based on information from Kaspa’s announcement about their new exchange listing on Bitpanda.
In the world of marketing, storytelling reigns supreme. Kaspa, a community-supported project without a consistent treasury, has had to get creative in spreading its message. With a grassroots approach from the beginning, the Kaspa Ambassador Program (KAP) was born. Introduced by Rhubarbarian, KAP aims to engage knowledgeable Kaspains globally to help with local adoption in different cultures and languages.
For more information on KAP, visit [KAP HERE](https://kaspa.org/kaspa-ambassadors). Those interested in volunteering can contact Rhubarbarian through Discord, Telegram, or email at [email protected].
Recently, ambassadors like Abraham Mugisha from Uganda have stepped up, representing Kaspa and its vision. Abraham is a Web3 specialist and founder of Web3 Club Africa. He holds a degree in Commerce with a major in Marketing and has experience in event organization, community outreach, translation, and blockchain consulting. He is also an Ethereum Devcon scholar and speaks multiple languages.
Abraham’s work as a Kaspa ambassador includes learning about Kaspa, networking with fellow ambassadors, gaining experience and recognition for his contributions, and educating his community about blockchain and cryptocurrency.
From May to June 2023, significant activities were conducted under Abraham’s leadership, including representation at the Flow Network meetup event and setting up a Kaspa Booth at Blockchain DevFest in Uganda. These efforts were aimed at fostering Kaspa’s growth and community engagement.
Abraham’s report details his experiences and the success of these events in educating the Ugandan community about Kaspa and onboarding new members to the ecosystem. The events also provided an opportunity to showcase Kaspa’s potential for social impact and economic empowerment.
The success metrics of these activities include reaching the target audience of developers and investors, onboarding over 60 users to Kaspa’s social channels, and creating the Kaspa Twitter Africa channel.
In conclusion, the events in Uganda were a step forward in introducing Kaspa to a new community and contributing to the larger vision of financial inclusion. The team thanks everyone involved, including graphic designers and the Community Marketing Fund (CMF) for their support.
The original post about Kaspa’s activities in Uganda can be found [here](https://kaspa.org/kaspa-in-uganda/), on Kaspa’s official website.
Kaspa, a leading Layer-1 proof-of-work platform, recently held a developers meeting to discuss the latest advancements and future plans for the platform. The meeting covered a range of topics, including the achievements of Rust contributors before launch, the utilization of Testnet 11, mempool refactoring, and the issue of ‘pruning starvation’.
Michael explained the importance of Rust, a programming language known for its speed and reliability, in the Kaspa platform. The Rust developers have worked tirelessly to ensure the platform is robust and efficient. Shai shared insights into the use of Testnet 11, a sandboxed environment where developers can test new features without risking the stability of the live network.
George discussed the planned refactoring of the mempool, a transaction waiting room, to make it more efficient. Michael also tackled the issue of ‘pruning starvation’ and the importance of eliminating unnecessary data to maintain network efficiency.
Anton focused on the integration framework, which is being developed to ensure seamless coalescence of different parts of the system. George pointed out enhancements to the Kaspa Graph Inspector (KGI), which is currently built with the Go programming language but will be rewritten in Rust for compatibility.
Michael added to the discussion about the proposed improvements to the network’s peer-to-peer (P2P) layer to streamline user connections. The meeting also emphasized the need for increased community engagement, especially in running the testnet and providing feedback.
The developers are calling on the community to help spread the word about Kaspa and to join them in contributing to the project. They are developing applications that can operate natively on computers and mobile phones using groundbreaking technology. Kaspa values the community’s participation and is inviting anyone interested in contributing to their cause, be it developers, testers, or crypto enthusiasts.
For more information on Kaspa and how to get involved, visit their website, wiki, Medium, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and Explorer. You can also follow Bubblegum Lightning for updates.
