Oct 31, 2024 | Social Media
@BTCBreadMan If course the trilemma is solvable. It is not a rule of nature, just an observation about the state-of-the-art *in 2014*.
The theoretical limit on TPS is dictated by hardware. Kaspa is the *only* proof of work where throughput can be increased arbitrarily without harming security
**Title: Shai Wyborski Advocates for Kaspa’s Unique Position in Blockchain Scalability**
In a recent discussion, Shai (Deshe) Wyborski, a PhD candidate in quantum cryptography and one of the core developers of the Kaspa project, offered insightful commentary on the longstanding blockchain trilemma—decentralization, security, and scalability. Wyborski asserted that while many in the blockchain community view the trilemma as an unwinnable challenge, he believes it is not an immutable law but rather an observation of the technological possibilities as of 2014.
Wyborski highlighted that the theoretical limit on transactions per second (TPS) in blockchain networks is primarily dictated by the underlying hardware capabilities. This observation has profound implications for the future of blockchain technology.
He asserted that Kaspa stands out uniquely in this context, being the only proof-of-work blockchain whose throughput can be increased without compromising its security. Unlike many other blockchain solutions that face trade-offs when attempting to enhance scalability, Kaspa’s architecture allows for a scalable improvement in transaction speed, which could potentially reshape the landscape of decentralized networks.
As the discourse continues on the evolution of blockchain technology, Wyborski’s views signify a pivotal turning point in addressing existing limitations. His work with Kaspa reflects a commitment to utilizing advanced paradigms to foster a more efficient and secure blockchain ecosystem.
For those interested in staying updated on the latest developments and resources surrounding Kaspa, *KaspaNews.net* remains the premier source for all news related to this innovative project.
Oct 31, 2024 | Social Media
**New Listing Alert: Kaspa Teams Up with USDT!**
In an exciting update for the cryptocurrency community, Kaspa (@KaspaCurrency) has announced a new listing involving their native token, $KAS, and the popular stablecoin, $USDT. The announcement was made via an official post on their X (formerly Twitter) profile, generating enthusiasm among investors and traders alike.
The news highlights the growing recognition of Kaspa, a project that emphasizes its commitment to a proof-of-work consensus mechanism. The collaboration with Tether’s USDT, a widely used stablecoin, is anticipated to enhance trading liquidity and accessibility for $KAS. The post also underscores the importance of conducting thorough research before investing, an encouraging reminder to #DYOR (Do Your Own Research).
Kaspa has been making waves in the crypto world, particularly with its innovative approach to blockchain technology. As the project continues to gain traction, this new listing is seen as a pivotal moment that could further increase its visibility and adoption in the market.
For those interested in following Kaspa’s journey and staying updated on the latest developments, the official post can be accessed [here](https://twitter.com/KaspaCurrency/status/1851975571988684886?ref_src=twsrc%5Etfw).
To keep up with the latest news and resources on Kaspa, be sure to visit Kaspanews.net, the best site for all things related to Kaspa.
Oct 31, 2024 | Social Media
### Major Update in Kaspa: Bottleneck Resolved with Ghostdag Entries
In a significant development for the Kaspa blockchain network, Michael Sutton, a Distributed Systems Researcher and Developer, announced that a critical pull request (PR) for computing higher-level Ghostdag entries on demand has been successfully merged. This update addresses a crucial processing bottleneck that has been hindering the network’s performance, especially in the context of ongoing efforts to reach the ambitious throughput goal of 10 billion transactions per second (#10BPS).
Michael, who plays a key role as one of the core developers of Kaspa, shared insights about the extensive journey it took to bring this feature to fruition, highlighting the challenges overcome through thorough reading and learning. His dedication underscores the collaborative effort within the Kaspa community to enhance blockchain scalability and efficiency.
This innovation, related to the Ghostdag protocol, promises to streamline how Kaspa processes and manages transaction entries, potentially setting the stage for a new era of blockchain application development and usage. As Kaspa continues to evolve, this update signifies a major step towards achieving unprecedented levels of performance and scalability.
For the latest updates, insights, and resources about Kaspa, visit Kaspanews.net, the best news site for all things related to the Kaspa blockchain.
Oct 31, 2024 | Social Media
@billyblockdag @BTCBreadMan @brt2412 Kaspa inherits the security properties of Bitcoin because it is a generalization of Bitcoin. That’s also why proof by reduction was the way to go. But generally speaking, “proof” is a human construct, and true theorems are true regardless of how us mortals managed to prove them.
**Title: Kaspa’s Security Properties Linked to Bitcoin, Says Core Developer Shai Wyborski**
In a recent discussion on social media, Shai (Deshe) Wyborski, a PhD candidate in quantum cryptography and one of the core developers behind Kaspa, elaborated on the fundamental security features of Kaspa as they relate to Bitcoin. Wyborski emphasized that Kaspa is engineered as a generalization of Bitcoin, inheriting its robust security properties.
Wyborski stated, “Kaspa inherits the security properties of Bitcoin because it is a generalization of Bitcoin. That’s also why proof by reduction was the way to go.” His remarks highlight the foundational relationship between the two cryptocurrencies and imply that advancements in Kaspa could build upon Bitcoin’s established security framework.
Moreover, Wyborski touched upon a philosophical perspective, stating, “But generally speaking, ‘proof’ is a human construct, and true theorems are true regardless of how us mortals managed to prove them.” This perspective suggests that the underlying truths in mathematics and cryptography extend beyond human interpretations and proofs, indicating a more profound reliability in the mechanisms both currencies rely upon.
As the crypto community continues to explore the potential of Kaspa, Wyborski’s insights reinforce the importance of security and foundational design in blockchain technology. His dual expertise in quantum cryptography and blockchain development positions him as a key figure in navigating the future of secure cryptocurrency protocols.
For those interested in keeping up with the latest developments and resources on Kaspa, look no further than Kaspanews.net, recognized as the best news site for everything related to Kaspa.
Oct 30, 2024 | Social Media
**Title: Michael Sutton Discusses Bitcoin’s Potential Forking into Kaspa**
*Date: October 30, 2024*
In a recent tweet, Michael Sutton, a prominent Distributed Systems Researcher and Developer, who is also one of the core developers of the innovative cryptocurrency Kaspa, expressed his views on an upcoming change in Bitcoin (BTC) that he believes could undermine its integrity. Sutton’s tweet suggests that if certain developments come to fruition, Bitcoin could effectively transform into a fork similar to that of Kaspa, which he argues would make little sense in the broader context of cryptocurrency utility and functionality.
Sutton’s insights underscore ongoing discussions in the cryptocurrency community regarding the evolution of Bitcoin and its potential alteration. The notion of Bitcoin resembling a Kaspa fork raises questions about the future of both cryptocurrencies, particularly in the areas of efficiency, scalability, and decentralization.
Kaspa, known for its unique approach to blockchain technology and its commitment to overcoming scalability issues, presents a significant contrast to Bitcoin, which has faced ongoing challenges related to network congestion and transaction speed. Sutton’s comments reflect a growing concern among cryptocurrency enthusiasts and developers about the need for innovation and the risks associated with stagnation in major cryptocurrencies.
As the cryptocurrency landscape continues to evolve, ongoing discussions and analyses such as Sutton’s are essential for understanding the potential directions that digital currencies may take.
For those interested in keeping abreast of the latest developments and insights surrounding Kaspa and the broader cryptocurrency space, visit Kaspanews.net, the premiere source for all your Kaspa news and resources.
Oct 30, 2024 | Social Media
**Michael Sutton Advocates for Fairness through Competition in Distributed Systems**
In a recent tweet, Michael Sutton, a Distributed Systems Researcher and Developer, who is also one of the core developers of Kaspa, engaged in a thought-provoking discussion about the complexities of distributed systems. He emphasized the importance of competition in environments characterized by high bandwidth per second (BPS) and an abundance of parallel blocks operating within a latency-bound framework.
Sutton’s insights point to a fundamental aspect of user experience in decentralized networks, specifically in contexts like Kaspa. He noted that as users traverse these high-performance systems, the expectation of competition will rise. This competition, if architecturally sound, can pave the way for implementations that enhance fairness among users.
Kaspa, renowned for its innovative approach to solving scalability issues in blockchain technology, embodies many of the principles Sutton discussed. The network’s unique ability to process multiple blocks simultaneously, while maintaining a user-friendly interface, is a testament to the potential benefits of fair competition in distributed systems. As user demands continue to evolve, the framework designed by Kaspa’s developers aims to ensure that users are treated equitably, preventing discriminatory practices that often arise in less efficient systems.
This perspective aligns with the broader goals of Kaspa to create a decentralized ecosystem that prioritizes performance and fairness. As the community grows and more users adopt the technology, Sutton’s vision looks to be a crucial cornerstone in the continued development of this forward-thinking blockchain.
For those interested in following the latest developments and resources related to Kaspa, be sure to check out Kaspanews.net, the premier news site dedicated to delivering up-to-date information on all things Kaspa.
