May 4, 2023 | News
Kaspa, a cryptocurrency project, has been making significant strides in improving its Rust implementation. Michael Sutton, a key developer, shared updates on Twitter about the progress and future plans for testnet and mainnet launches.
The team has completed their first cycle of stability improvements, focusing on peer-to-peer connection management, enhancing their Remote Procedure Call and Command Line Interface APIs, and addressing critical security concerns.
Next, they plan to work on improving node stability and implementing block and header pruning to increase the number of blocks processed per second without requiring more disk space.
Additionally, a new Rust-based transaction generation tool by Ori Newman is being tested to ensure high Transactions Per Second on the testnet.
The team is also considering implementing a hard fork to increase block processing speed but is weighing the challenges and alternatives.
Michael Sutton’s expertise in distributed systems and computer science continues to be a valuable asset to Kaspa’s development.
For more information and updates, Kaspa’s community can follow them on various platforms such as their website, wiki, Medium, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and their Explorer.
The original post can be found on Kaspa’s website under the title “Kaspa on Rust: Alpha Update.”
May 3, 2023 | News
Shai (Deshe) Wyborski recently led a detailed workshop on Kaspa’s consensus layer, known as GHOSTDAG, on the Kaspa Discord channel. The workshop aimed to provide community members with a thorough understanding of GHOSTDAG and its significance in the Kaspa ecosystem.
Wyborski began by discussing the blockchain trilemma, which refers to the challenge of achieving decentralization, security, and scalability simultaneously in a blockchain. He then introduced the BlockDAG paradigm as a potential solution to this problem.
Throughout the session, Wyborski explored the PHANTOM and GHOSTDAG protocols, focusing on their logic and security features. He explained how GHOSTDAG protects against double-spending and liveness attacks, and he also highlighted its fast confirmation times.
Additionally, Wyborski addressed data pruning in blockchains and presented secure methods for DAG pruning. He concluded by introducing DAGKnight, a protocol that aims to enhance the efficiency and performance of GHOSTDAG, making Kaspa the first parameterless cryptocurrency that can self-adjust based on network conditions.
The workshop provided valuable insights into the revolutionary features of GHOSTDAG and Kaspa’s role in shaping the future of finance. Community members are encouraged to join the Kaspa Discord and follow Kaspa on Twitter for future updates and events.
For more information on GHOSTDAG and DAGKnight, interested parties can access the respective research papers online. Additionally, a video recording of the workshop is available on YouTube for those who could not attend.
Shai Wyborski, a Quantum & Cryptography Researcher and Ph.D. candidate, plays a key role in developing consensus protocols like GHOSTDAG and contributing to Kaspa’s innovative cryptocurrency ecosystem. More resources about Kaspa can be found on their official website, wiki page, Medium blog, and various social media platforms such as Discord, Telegram, Twitter, Reddit, GitHub, and their blockchain explorer.
May 2, 2023 | News
On April 27th, LBank hosted a discussion featuring guest speaker Bubblegum Lightning from Kaspa. The conversation focused on the latest advancements and goals of the Kaspa network, including the successful shift of its codebase from Golang to Rust, which has significantly improved the network’s speed and performance. Kaspa is now the fastest proof-of-work project in the cryptocurrency space.
The team at Kaspa is also exploring the implementation of smart contracts and layer 2 solutions to cater to users interested in decentralized finance (DeFi) and decentralized applications (DApps). Safety and security remain top priorities for Kaspa, with its unique block tag system and GhostDAG protocol providing a secure blockchain.
Founder Yonatan Sompolinsky brings extensive experience to Kaspa, having been involved in the cryptocurrency industry since Bitcoin’s early days. The Kaspa community is actively working to promote the project and ensure its adoption as a currency for everyday transactions. They are also looking into grassroots initiatives to expand their user base, attract new merchants, and engage developers.
To support decentralized community governance, crowdfunding is a key tool, and donations are encouraged for the Community Developer Crowdfund.
For more information on Kaspa, you can visit their website, wiki, Medium page, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and Explorer. You can also find Bubblegum Lightning on the Kaspa Discord.
The original post “LBank Twitter Space with Kaspa Guest Bubblegum Lightning” can be found on the Kaspa website.
Apr 29, 2023 | News
The Kaspa community has launched a fundraising campaign to show appreciation for two outstanding developers, @lAmeR^ and @jwj. These developers have made significant contributions to the Kaspa project, dedicating their time and skills to various integrations and technical support.
The community hopes to raise at least 1 million $KAS to reward these individuals for their hard work. Donations can be made using $KAS or other cryptocurrencies, with specific addresses provided for convenience.
@lAmeR^ and @jwj have been involved in many important Kaspa integrations, such as f2pool, Hotbit, Tangem, Gate.io, Onekey, Uphold, Bitget, MEXC, and Chainge. Their technical expertise has been crucial to the growth of the Kaspa ecosystem.
This fundraising effort not only acknowledges the dedication of these developers but also encourages community support and recognition. It highlights the importance of community-driven initiatives in fostering a strong and resilient decentralized governance.
For more information or to contribute to the fundraising campaign, visit the Kaspa Discord channel or check out their website at kaspa.org.
Apr 28, 2023 | News
Kaspa, a digital currency known for its innovative approach to marketing, prioritizes community engagement and valuable content to attract attention and curiosity. The company’s unique strategies include grassroots and organic marketing techniques, which have helped fuel its rise in the cryptocurrency space.
Grassroots marketing is a bottom-up approach that relies on community-driven initiatives and word-of-mouth to create brand awareness. It focuses on building relationships and engaging with a targeted audience on a personal level, rather than using traditional mass marketing methods. Organic marketing refers to the natural growth of a brand’s visibility and reach through unpaid, non-promotional efforts such as search engine optimization (SEO), content marketing, and social media engagement.
Kaspa’s commitment to grassroots marketing is evident in its emphasis on building a strong, supportive community. The community has created online forums, social media groups, and chat platforms where enthusiasts can discuss, share ideas, and provide feedback on cryptocurrency. By encouraging an environment of active engagement, Kaspa has cultivated a devoted user base that spreads the word about cryptocurrency within their own networks.
Kaspa’s organic marketing efforts focus on delivering high-quality, informative content that appeals to its target audience. By creating blog posts, articles, and infographics on relevant topics such as blockDAG technology, cryptocurrency trends, and ecosystem tips, Kaspa has positioned itself as a valuable resource for enthusiasts and users. Additionally, there are plans to participate in events, conferences, and meetups to further expand its reach and develop relationships with other players in the crypto ecosystem.
Kaspa’s grassroots and organic marketing strategies have enabled the digital currency to grow its user base, attract developers, and increase its overall market presence. By prioritizing community engagement and delivering valuable content, Kaspa has nurtured a loyal following that continues to spread the word about the Kaspa network. This approach has proven to be an effective alternative to traditional mass marketing methods, as it generates genuine interest and support for the brand.
In addition to grassroots and organic marketing strategies, Kaspa has demonstrated creativity by making the most of its limited resources. One innovative approach is the establishment of the Community Marketing Fund (CMF), which functions as a public pool for creative community contributors, similar to a Dev fund. The CMF encourages and incentivizes members to contribute graphic design, content creation, and social media-building skills. By tapping into the diverse talents within its community, Kaspa effectively extends its marketing reach and cultivates a sense of collaboration and shared ownership. These innovative techniques further strengthen the brand’s presence and appeal, illustrating the power of community-driven marketing initiatives in cryptocurrency.
For more information on Kaspa’s grassroots and organic marketing efforts, visit their official website or check out their various social media platforms including Discord, Telegram, Twitter, Reddit, GitHub, and Explorer.
Apr 27, 2023 | News
Kaspa, a global cryptocurrency and financial platform, is looking for community members to help translate their mobile wallet, Kaspium, into multiple languages. The goal is to make the platform accessible to people around the world and promote global adoption.
Kaspa has created a dedicated translation channel on their Discord server to streamline the process and encourage collaboration among language enthusiasts. By joining this channel, individuals can connect with others, share resources, and ensure accurate and culturally relevant translations.
Anyone with language skills, whether a professional translator or just passionate about their native language, can contribute to the translation effort. The community encourages members to review each other’s translations and provide feedback for quality assurance.
Translating Kaspium is crucial for Kaspa’s success as it aims to overcome linguistic barriers and engage a global audience. By participating in this initiative, volunteers can help foster financial inclusion and empower individuals worldwide.
For more information on how to get involved, visit Kaspa’s Discord server or check out their website at kaspa.org.