Kaspa.org has announced an updated launch plan for its platform, responding to the current realities and challenges faced. The revised plan includes a strategic approach to ensure a successful and smooth launch of Kaspa’s services. The team at Kaspa.org remains committed to delivering a top-notch experience for its users and is taking all necessary steps to achieve this goal. Stay tuned for further updates on the launch plan from Kaspa.org.
I want to start by expressing my gratitude to everyone who has joined and contributed to our community. It’s incredible to see the project that I was so passionate about during my PhD – the POW DAG consensus – come to life with a network and a dedicated community. A big thank you, or as we say in Hebrew, Todah!
I am now more focused on growing our member base rather than just getting academic citations, so I encourage you all to invite your crypto enthusiast friends to join us.
Every couple of years, a new fair-launched POW cryptocurrency emerges and captures the community’s interest. We’ve seen it with Litecoin, Monero, Grin, and now Kaspa. Let’s hope we continue to have success.
We didn’t expect such rapid growth, so I haven’t prepared answers to the frequently asked questions yet. I plan to write a more detailed post soon, but for now, here are some quick answers:
- Our monetary policy will be deflationary, with a more aggressive halving schedule than Bitcoin’s due to different market conditions. We’ll finalize details such as when this will start and the initial block reward soon. Also, we’re considering changing the representation of Kaspa to make it feel more scarce.
- Our proof-of-work is a Kaspa-specific version of heavy-hash, which I designed to be capital expenditure (CapEx) heavy. This should be more energy-efficient and encourage miner commitment. We’re open to discussing whether this is the best approach for Kaspa.
- The project is maintained by a few developers who work on it in their spare time, some of whom are funded by DAGlabs but are self-managed. There’s no company or entity responsible for your wallet or funds; this is a community project. To help, we need more developers who can manage themselves and contribute effectively.
- As for the roadmap, we don’t have an official one due to the decentralized nature of our development. However, I believe we should first work on increasing our