Entering 2023 with Kaspa
As 2022 ended and 2023 began, Kaspa stood out in the crypto world with its advanced blockDAG technology. Aiming to solve the blockchain trilemma, it focused on balancing speed, security, and scalability.
In early 2023, the Kaspa community was a close-knit group of tech enthusiasts. The Ethereum merge had just happened, prompting GPU miners to find new opportunities, while FPGA miners were on the rise.
This time was crucial for Kaspa, with key events like the Rust rewrite crowdfund and the DAG KNIGHT protocol introduction. Its listing on MEXC showed the community’s commitment to innovation. Despite unpredictable market forecasts, Kaspa’s success was undeniable.
Early in 2023, Kaspa’s community grew quickly, attracting miners and traders who sought more trading platforms like MEXC. Efforts to list Kaspa on top exchanges intensified, with campaigns targeting CoinMarketCap for proper recognition.
Crowdfunded campaigns aimed to get Kaspa on exchanges like Uphold, Bitget, and KuCoin. These listings were vital for increasing Kaspa’s accessibility and liquidity.
Marketing efforts expanded with the Community Marketing Fund (CMF), focusing on grassroots activities. Tangem and OneKey initiatives eased fundraising pressures and addressed the need for hard wallet development.
Mid-year, Kaspa saw significant technological progress and community engagement. The transition from GPU/FPGA mining to ASIC miners developed by IceRiver marked a new era. New mining pools and tutorials supported this shift, emphasizing decentralization.
Kaspa also integrated with platforms like Chainge Finance and Zelcore, showcasing its versatility. Crowdfunding continued for a browser wallet and more exchange listings.
The Ambassador Program grew globally, with over 30 representatives promoting Kaspa worldwide. They were supported by the CMF and marketing tools like Battle Cards.
As the year ended, Wrapped Kaspa (wKAS) linked Kaspa to networks like Polygon and BNB Chain. The Kaspium mobile wallet widened Kaspa’s reach to mobile users.
Despite challenges like the dust attack during Yom Kippur, Kaspa demonstrated resilience. Technological updates to Rusty Kaspa and the Kaspa Go network improved transaction handling.
Looking ahead, Kaspa aims to improve its transaction capabilities and maintain a strong community focus. Plans include smart contract functionalities and increasing blocks per second.
The DAG KNIGHT protocol remains a key goal for Kaspa, promising innovation and efficiency. Kaspa’s future is driven by growth, technological advancement, and community involvement.
While not all achievements can be listed, every effort is appreciated and celebrated.
The original post “Kaspa 2023 – Past, Present, and Future” can be found on Kaspa’s website.