Jan 28, 2023 | News
On January 25th, 2023, Insider Crypto News hosted an AMA (Ask Me Anything) session with Wolfie, who is part of the Kaspa Business Development team. If you missed the live event, you can catch up by watching the interview recap on the Insider Crypto News YouTube channel.
During the interview, Wolfie answered various questions about Kaspa, including topics such as the difference between blockchain and blockDAG technology, Proof-of-work, the blockchain trilemma, and future development plans for Kaspa.
For those who are looking for quick answers to their Kaspa-related questions, the community is always ready to help on the Kaspa TELEGRAM and DISCORD channels.
For more information about Kaspa, you can visit their official website, join their DISCORD server, follow them on TELEGRAM, TWITTER, or REDDIT, check out their GITHUB page or use the EXPLORER.
Feel free to leave comments or ask any questions you may have. You can also find me on the Kaspa discord as Bubblegum Lightning.
To read more about the Kaspa AMA recap with Insider Crypto News, check out the original post on the Kaspa website.
Jan 28, 2023 | News
Kaspa Node Monitor, developed by imalfect, is a new tool that allows users to easily keep track of their Kaspa Node. The source code and installation instructions are available on GitHub.
The monitor provides information on block and header counts, peer count, DAA score, blue score, node version, sync status, network details, and network difficulty. It also displays hardware information such as the hostname, location, CPU model, thread count, RAM availability, and system load. However, users have the option to disable the hardware information if they choose.
It’s important to note that Kaspa Node Monitor is still in its beta phase and may have some bugs.
For any questions or concerns, users can reach out to imalfect on the Kaspa discord server.
Additionally, Kaspa utilizes the kHeavyHash algorithm for network consensus and security, which is less energy-intensive compared to other proof-of-work networks.
For more information and updates on Kaspa, users can visit their website, Discord server, Telegram channel, Twitter page, Reddit community, GitHub repository, and block explorer.
Comments and questions are welcome, and users can also find the author on the Kaspa discord server under the username Bubblegum Lightning.
The original post about the Kaspa Node Monitor 0.1.1 Beta Release can be found on the Kaspa website.
Jan 27, 2023 | News
Kaspa coins can now be easily and securely stored on various platforms, including Desktop, Web, Android, and iOS. The Kaspa network offers four live wallet options: the Kaspa Web Wallet, KDX Desktop Wallet, Kaspa Command Line Wallet, and the Kaspa Mobile Wallet, which is still in the testing phase of development.
The Kaspa Web Wallet is user-friendly and secure, with a simple interface for sending and receiving payments. The KDX Desktop Wallet is a downloadable wallet that includes a full-node software, miner, and wallet in one. The Kaspa Command Line Wallet is for more experienced users and requires command line knowledge. The Kaspa Mobile Wallet, Kaspium, offers an easy-to-use interface with multiple wallet support and biometric authentication.
It’s important to note that these are non-custodial wallets, meaning users are responsible for keeping their private keys safe and managing access to their funds. Hardware wallet support is also in the works for the Kaspa network.
For those looking to get started with Kaspa coins, the Kaspa Faucet offers a small amount of KAS to help users get started. Additionally, the Kaspa community can be found on various platforms, including Discord, Telegram, Twitter, Reddit, and GitHub. Users can also explore the Kaspa network through its explorer.
Non-custodial wallets offer more security as users have complete control over their funds without relying on third parties. However, this also means that users must take care to back up their wallet’s secret phrase, as losing it could result in the loss of funds.
For any questions or further information, the Kaspa community is available to help on their Discord channel.
Jan 27, 2023 | News
Kaspa, a blockchain platform, is currently undergoing a major upgrade as it transitions from using the Golang programming language to Rust. Rust is known for its memory safety and high performance, which will make Kaspa more efficient and less prone to errors. This upgrade, referred to as “Rusty Kaspa,” will also improve the platform’s performance, security, scalability, reliability, and maintainability.
The use of Rust is expected to enhance Kaspa’s ability to handle more transactions and users without slowing down, potentially pushing speeds up to 32 BPS and 6,400 TPS, with the possibility of reaching 20,000 TPS. Rust’s ownership model and low-level control over memory management make it easier to write concurrent and parallel code, which is crucial for a blockchain platform like Kaspa that needs to manage large amounts of data and perform complex operations.
The new Rusty Kaspa codebase will also be more attractive for developers, users, and businesses, helping Kaspa grow and evolve over time. Additionally, the DAGKNIGHT protocol will be built on Rusty Kaspa, further enhancing the chain’s solutions to the blockchain trilemma and increasing the network’s decentralization, security, and scalability.
For more information about Rusty Kaspa, you can visit their GitHub page. You can also stay updated on Kaspa’s progress through their official website, Discord, Telegram, Twitter, Reddit, GitHub, and blockchain explorer. If you have any questions or comments, feel free to reach out to the Kaspa community or find the reporter on the Kaspa discord as “Bubblegum Lightning.”
The original article “Kaspa on Rust – Improving Performance” can be found on Kaspa’s official website.
Jan 26, 2023 | News
Sir Knights,
On December 18th, 2022, Kaspa launched a Community Crowdfund to gather 70 million KAS for the development and implementation of the DAG KNIGHT protocol. Within just 12 days, on December 30th, 2022, the community successfully met the goal. But what exactly is the DAG KNIGHT protocol and why was the Kaspa community so eager to support it?
The DAG KNIGHT Protocol, a brainchild of Michael Sutton and Yonatan Sompolinsky, is a three-year project designed to upgrade Kaspa’s PHANTOM GHOSTDAG Protocol. Its main aim is to prevent 50% attacks, which occur when an entity takes over more than half of the network’s nodes, without needing to know network latency in advance.
Typically, blockchain protocols rely on pre-set network delay parameters that result in slower confirmation times to maintain security. However, if there’s a sudden spike in latency, this could make the blockchain more vulnerable to attacks.
Enter the DAG KNIGHT protocol, the white knight (or should we say green knight?) of the story. This protocol actively monitors and adjusts to network conditions, allowing for appropriate block confirmation times.
Once Kaspa completes its rewrite, DAG KNIGHT will be built on a network capable of pushing an impressive 32 blocks per second. This means that as internet speeds improve, Kaspa won’t be held back by outdated block times. Instead, it will be parameterless and fully adaptable.
DAG KNIGHT evaluates network conditions by analyzing groups of blocks called k-clusters. It selects the k-cluster with the most delay that also covers half the network and adjusts block confirmations accordingly. This continuous adjustment ensures the lowest latency valid k-cluster with 50% coverage.
Furthermore, DAG KNIGHT adds an extra layer of security to GHOSTDAG by finding valid k-clusters and referencing honest nodes for secure chain ordering. It’s the first proof-of-work protocol that is parameterless, scalable, self-stabilizing, and adaptive.
For more information on Kaspa and to join the community, visit KASPA.ORG or follow them on Discord, Telegram, Twitter, Reddit, Github, and Explorer.
If you have any questions or comments, feel free to reach out. You can also find me on the Kaspa discord as Bubblegum Lightning.
This report highlights “The DAG KNIGHT Protocol – Elevating Kaspa,” originally published on Kaspa.org.
Jan 24, 2023 | News
Kaspa: Revolutionizing the Future of Decentralization
Kaspa, a new cryptocurrency, launched on November 7th, 2021 with an aim to solve the blockchain trilemma by creating a decentralized Layer-1 that is scalable, high-performing, and open-source. It operates as the fastest proof-of-work coin in the crypto world, building on the Nakamoto Consensus and introducing its innovative BlockDAG technology.
Unlike other blockchains that compromise on decentralization for scalability and performance, Kaspa remains true to its principles. No KAS coins were pre-mined or pre-sold, and they can only be acquired through mining. The total supply is limited to 28.7 billion coins, with over 16.59 billion currently in circulation. The mining emission schedule is designed to reduce smoothly and steadily each month.
Kaspa’s mining process relies on kHeavyHash, an energy-efficient algorithm that can be mined with GPU, FPGAs, and future specialized equipment. Additionally, Kaspa implements the GHOSTDAG protocol, which allows for efficient use of computational resources by including orphaned blocks in the consensus process. This leads to high block rates and quick confirmation times.
The GHOSTDAG protocol also enables block parallelism, which enhances network security and allows for real-time transaction confirmations. It encourages solo mining and helps decentralize Kaspa’s hashrates.
Kaspa’s hashrate has been consistently high, indicating a strong miner community and confidence in the coin’s future value. It ranks among the top coins for GPU mining by hashrate.
Beyond mining, Kaspa aims to expand the everyday use of KAS with community-driven initiatives. Developers are rewriting Kaspa’s programming language to Rust, which will improve performance and efficiency, attracting more developers to work on Layer2 smart contracts and DeFi.
Kaspa stands out as a genuinely decentralized and community-driven public chain, leading the way as a PoW and BlockDAG chain. It is the fastest, open-source, decentralized, and fully scalable Layer-1 in the world.
For more information on Kaspa, visit their website at kaspa.org or follow them on social media platforms such as Medium, Discord, Telegram, Twitter, Reddit, GitHub, and their Explorer. Feel free to ask questions or join the discussion on the Kaspa discord under the username Bubblegum Lightning.
The original article “The Brilliance of Kaspa” can be found on kaspa.org.
