Jun 28, 2023 | News
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.
Jun 22, 2023 | News
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.
Jun 16, 2023 | News
The Kaspa community has successfully closed funding for its translator crowdfund, raising a total of 283,935 KAS. The aim of the crowdfund was to support the translation of Kaspa content into various languages, making it accessible to non-English speakers worldwide.
English is currently the primary language used in the Kaspa community, which limits the participation of those who do not speak it. This crowdfunding initiative aims to change that by involving community members in translating content, ensuring everyone can understand and use Kaspa.
The funds will be managed by the Community Marketing Fund (CMF) to ensure sustainability and coordination with marketing efforts. This move is part of a broader strategy to promote global adoption of Kaspa by embracing language diversity and inclusivity.
The goal is to raise 1 million KAS tokens, and the community is committed to reaching out to more people and encouraging them to use Kaspa. By recognizing the importance of engaging with all languages and cultures, Kaspa aims to achieve a global perspective and unified goal.
For more information on the Kaspa Community Translator Crowdfund, visit the Kaspa website or follow their social media channels.
Jun 13, 2023 | News
A new funding initiative has been set up to get the cryptocurrency Kaspa, also known as $KAS, listed on Bitpanda, a popular Centralized Finance (CeFi) platform. Bitpanda is a well-established broker and exchange based in Austria, offering a secure trading environment with European regulation standards.
With over 4 million users, Bitpanda provides a variety of investment options including cryptocurrencies, stocks, and precious metals. It also offers unique features like investment in fractional stocks and a debit card for spending digital assets.
Kaspa aims to increase its visibility and user base through Bitpanda’s Spotlight Program, which highlights fast-moving crypto projects. A fundraising goal of $5000 in KAS has been set to promote this partnership through airdrops to Bitpanda subscribers.
The campaign is limited to a 72-hour window, and community support is encouraged. This listing on Bitpanda represents a significant step towards wider accessibility and decentralization in the cryptocurrency world.
Bitpanda also seeks to educate users on investing and cryptocurrency through its Bitpanda Academy. The Kaspa community is hopeful that this effort will aid in the growth and adoption of digital assets in Europe.
For more information or to contribute to the Kaspa crowdfund, visit their Discord or explorer page.
Jun 12, 2023 | News
Improving Kaspa’s Complexity Adjustments and KIP-3
Kaspa, a cryptocurrency network, is constantly evolving with new proposals called Kaspa Improvement Proposals or KIPs. The latest one to hit the spotlight is KIP-4, introduced by Shai Wyborski, Michael Sutton, and Georges Künzli on June 12, 2023. This proposal aims to refine the protocol’s complexity, making it easier for everyday users to understand.
KIP-4: A Step Towards Simplification
The main goal of KIP-4 is to improve how Kaspa adjusts the difficulty of its mining process, which is crucial for the network’s security and functionality. Mining involves solving complex mathematical puzzles, and the difficulty level of these puzzles determines the ease of mining a block. KIP-4 proposes a method that picks specific blocks at regular intervals for difficulty adjustment, rather than checking all blocks, making the process more efficient.
The Predecessor’s Flaw and KIP-4’s Solution
Previously, KIP-3 suggested using a subset of blocks for the verification process to reduce the load on the network. However, it was found that this method could be exploited if a miner knew which blocks would be sampled. KIP-4 addresses this issue by considering every nth block (like the 0th, 9th, 18th, etc.) for difficulty adjustment, which has proven to be effective and efficient during testing.
Community Developer’s Crucial Role
KIP-4 was brought to life by a community developer known as @Tiram_88, who leveraged their understanding of the protocol to contribute significantly to Kaspa’s core functioning. The proposal has passed testing in a controlled environment and will soon be released to the testnet, a “practice” network for users to trial new features without risking real assets.
Looking Ahead
KIP-4 is a testament to the ongoing innovation in the crypto world. It brings a fresh perspective on optimizing complexity adjustment processes and highlights the importance of community involvement in developing and refining technology. Soon, Kaspa will incorporate KIP-4 into its mainnet through a hard fork, marking another significant milestone in cryptocurrency technology.
May 31, 2023 | News
CoinEx, a leading cryptocurrency exchange, is teaming up with Kaspa, a cutting-edge blockchain project, for an exciting Ask Me Anything (AMA) session on Twitter Spaces. The event will take place on June 1st at 01:00 AM UTC and is expected to last around 30 to 45 minutes.
During the AMA, attendees will have the opportunity to interact with key figures from both CoinEx and Kaspa. Representatives from Kaspa include Bubblegum Lightning, PR Manager, and Wolfie, Director of Business Development. They will be joined by Johnny, a representative from CoinEx. The discussion will focus on the latest developments in blockchain technology and the challenges faced by the industry.
As a bonus, CoinEx is offering a special giveaway of 40,000 KAS tokens to participants who ask the best questions during the session. This incentive is designed to encourage active participation and reward attendees for their engagement.
Those interested in attending can find the Twitter Space link on CoinEx’s social media channels. It’s an excellent opportunity for both experienced crypto enthusiasts and newcomers to learn more about Kaspa and the wider cryptocurrency landscape. Don’t miss out on this informative event!