Feb 3, 2023 | News
The six cryptocurrency exchanges that support the buying and selling of Kaspa are as follows:
MEXC is the most prominent exchange offering Kaspa, with a spot trading volume of over 2 billion dollars in a 24-hour period. It provides access to various trading options and serves over 200 countries.
CoinEx is the second largest to support Kaspa, with a spot trading volume of around 45 million dollars in 24 hours. It offers multiple trading services and has a global user base of over 3 million.
TxBit ranks third among centralized exchanges for Kaspa, with a spot trading volume of nearly 6 million dollars in 24 hours. It focuses on crypto-to-crypto and crypto-to-fiat trading without complex features like margin trading.
TradeOgre has a spot trading volume of over 1.5 million dollars in 24 hours. Established in 2018, it is known for supporting many altcoins and offering low trading fees.
Exbitron, based in Germany, specializes in altcoins and newly launched projects. Its spot trading volume is not tracked by Coin Market Cap. Despite a recent attack, it continues to operate.
ViteX is a decentralized exchange with a spot trading volume of nearly 50 thousand dollars in 24 hours. Launched in 2019, it emphasizes transparency by running all processes on its public blockchain.
It’s generally recommended to store cryptocurrency off exchanges to reduce the risk of losing funds due to security breaches or exchange shutdowns.
For more information on Kaspa and its trading options, you can visit the Kaspa website or connect through Discord, Telegram, Twitter, Reddit, GitHub, or its explorer. If you have any questions or would like to discuss further, feel free to join the conversation on the Kaspa Discord channel under the username Bubblegum Lightning.
This information was originally published in a blog post titled “Where to Buy Kaspa — Cryptocurrency Exchanges for Trading KAS” on the Kaspa website.
Feb 2, 2023 | News
“Kaspa City is a new interactive mini-game that showcases the speed and efficiency of the Kaspa BlockDAG network. Created by a member of the Kaspa Discord Community, @lAmeR^, the game offers a hands-on experience with KAS transactions in a fun and engaging way.
In Kaspa City, players start with an in-game wallet and a balance of 0KAS. They can earn more KAS by completing tasks at their virtual day job, or spend it on shopping and dining within the game. The game’s simple point-and-click interface allows players to easily navigate between buildings and witness the network’s near-instant transactions.
While the game is straightforward, it serves as an educational tool for newcomers to the world of cryptocurrency, demonstrating how Kaspa works and how it can be integrated into everyday life.
For more information on Kaspa City and the Kaspa network, visit their website or join their community on Discord, Telegram, Twitter, Reddit, GitHub, or check out their explorer. And don’t forget to share your thoughts in the comments or on the Kaspa discord with Bubblegum Lightning.”
Jan 31, 2023 | News
An ever-changing list of frequently asked questions, concerns, and misconceptions about Kaspa for beginners and new users has been compiled to help them navigate the cryptocurrency.
Kaspa can be purchased on various exchanges such as CoinEx, MEXC, TxBit, and TradeOgre.
For those looking to store their Kaspa, non-custodial wallet options can be found at https://medium.com/kaspa-currency/kaspa-wallets-non-custodial-wallet-options-for-kas-8b473ff01c60.
Users may notice that their Kaspa wallet address changes regularly. This is a security feature to protect their privacy and does not affect the functionality of their mining wallet address.
Once all Kaspa coins are mined, transaction fees will become the main source of income for miners.
Kaspa currently operates at approximately 1 block per second (BPS) and 200 transactions per second (TPS), but theoretical estimates suggest it could reach up to 100 BPS and 20,000 TPS in the future.
Development for Ledger and hardware wallets is underway, and more information can be found in the Kaspa whitepaper and development roadmap at https://kaspa.org/developments/.
Kaspa does not have a contract address as it is a Proof of Work (PoW) coin, not a token. There will also be no master nodes as all nodes are equal, contributing to Kaspa’s decentralization.
Staking is not possible with Kaspa as it is not a PoS (Proof of Stake) coin.
Running a node does not yield direct profit but contributes to the network’s strength and decentralization.
As for NFTs, they may be supported on L2 in the future.
In comparison to PoS coins, Kaspa is less centralized, does not create a “rich get richer” scenario, and uses less energy due to its Optical Proof of Work algorithm. L2s and smart contracts could be supported in the future as the community continues to develop Kaspa’s base layer.
Current discussions about L2 and smart contracts are taking place on the Kaspa Discord server’s #smart-contract-brainstorming channel.
Tokenomics, emission, and mining details can be found at https://medium.com/kaspa-currency/tokenomics-emission-and-mining-6653cc473a7a.
The maximum supply of Kaspa may vary due to several factors such as halving schedules and block rates, but the hard cap is set at 29 billion in code.
For more information, the Kaspa Wiki FAQ is available at https://wiki.kaspa.org/en/FAQ.
Stay connected with the Kaspa community through their official website, Discord, Telegram, Twitter, Reddit, GitHub, and Explorer.
For any additional questions or discussions, feel free to reach out on the Kaspa Discord or leave a comment below.
Jan 31, 2023 | News
Kaspa, the popular BlockDAG network, has recently announced a partnership with Pool Party Nodes to launch a new line of merchandise. The collaboration aims to support the Kaspa community by offering high-quality clothing and accessories, with 50% of the proceeds going towards the development of the Kaspa network.
The merchandise, which includes t-shirts, sweatpants, hats, and other accessories, is now available for purchase on the Pool Party Nodes website. This initiative is part of Kaspa’s efforts to promote mass adoption and raise awareness about their decentralized ecosystem through visual marketing.
In addition to the merch partnership, the Pool Party Nodes team has plans to venture into Kaspa mining and will be releasing an in-depth guide on the future of Kaspa.
For those interested in supporting Kaspa, the merchandise can be found at the Kaspa Clothing Store on the Pool Party Nodes website. Furthermore, Kaspa’s mining process is based on the KHeavyHash algorithm, which is energy-efficient and resistant to ASICs, making it accessible for GPU mining.
To stay updated on Kaspa’s developments and join their community, you can visit their official website, Discord, Telegram, Twitter, Reddit, GitHub, and Explorer.
Jan 30, 2023 | News
KaspaVision has released a new set of videos on their YouTube channel, offering viewers a range of content such as Ask Me Anything (AMA) sessions, informational videos about Kaspa, and contributions from the community. For those short on time, the channel also features Kaspa Snippets, which are brief clips from past AMAs and interviews that provide quick insights or previews of the full videos.
Michael Sutton, Yonatan Sompolinsky, and Shai Wyborski, the key figures behind Kaspa, share their knowledge and expertise through these videos. Additionally, Kaspa utilizes a technique called pruning to keep the size of its blockDAG manageable, allowing for a decentralized network without the need for large storage capacities.
Kaspa also invites its audience to connect through various platforms including their website, Discord, Telegram, Twitter, Reddit, GitHub, and their block explorer. The community is encouraged to engage, ask questions, and join the conversation.
For more information and to watch the latest content from Kaspa, visit their YouTube channel and check out the original post on Kaspa’s website.
Jan 29, 2023 | News
Kaspa, a Layer-1 Proof-of-Work coin, prides itself on its fair launch, meaning there was no initial coin offering (ICO), no vesting phase, and no premine. The maximum supply of Kaspa (KAS) is estimated to be around 28.7 billion, with approximately 16.28 billion currently in circulation.
The transaction fee for Kaspa is currently set at 0.0001 KAS per UTXO. The Kaspa Monetary Policy outlines two primary phases for coin distribution: the Pre-deflationary Phase, which started on November 7th, 2021, and ended on May 8th, 2022, and the Chromatic Phase, where block rewards gradually decrease following a unique musical scale.
As of January 1st, 2023, it’s projected that about 15.3 billion KAS will have been mined, with this figure rising to approximately 25.1 billion by January 1st, 2025. By July 10th, 2026, it’s expected that 95% of all KAS will have been mined.
The mining rewards are calculated per second rather than per block to ensure a steady emission rate even if block rates change. This approach also aims to mitigate the dominance of ASIC miners by ensuring that most coins are mined before ASICs become prevalent.
Interestingly, the word “KASPA” has origins in Old Aramaic, where it means “money” or “silver.”
For more information or to connect with the Kaspa community, you can visit their official website, join their Discord, follow them on Telegram, Twitter, Reddit, or GitHub, and explore the blockchain using their Explorer. If you have any questions or comments, feel free to reach out or join the discussion on the Kaspa Discord under the username Bubblegum Lightning.
Read more about Kaspa’s Tokenomics, Emission, and Mining on their official website.
