In part 3 of the #Kaspa meetup Yonatan Sompolinsky @hashdag unfolds how Kaspa intends to resolve the MEV and the Oracle issues afflicting DeFi.

Huge thanks to @fishtuna and @laudena for transcribing and equating, to @Rhubarbarain for assessment and post-production, and to everybody else who dealt with the video and occasion.

Congratulations for occasion preparation, hosting and sponsorship to @KASHODLER, @Kaspa_HypeMan, Tim @rhubarbmedia, and @ishziv.

Part 4 with Q&A is coming!

Chapters:
0:00 The “it is possible” culture
2:53 Non-Parallelism vs. Parallelism
4:55 The UTXO Model
5:51 Crypto financing and shared properties
7:48 UTXO design vs. Account design
10:29 Computation vs. Verification
11:49 What’s a rollup?
14:14 MEV – the exploitation of the educational space
19:00 Approximately vs. Precisely
20:34 MEV Resistance
23:37 Faster Oracles on Kaspa
27:30 It’s more than almost the coin rate
The world of cryptocurrency is filled with development, as each job aims to conquer its constraints and offer unique advantages. Kaspa gets in the fray as a Proof-of-Work (PoW) cryptocurrency with a distinct twist: the GHOSTDAG procedure. This special function identifies Kaspa from its equivalents. Kaspa varies from conventional blockchains by utilizing a blockDAG (directed acyclic chart). This permits blazing-fast deal speeds, with Kaspa presently processing a reported block per second. Image sending out a cryptocurrency payment and getting near-instant verification – that’s the speed Kaspa aims to attain. Speed isn’t the only video game in town. Worldwide of cryptocurrency, security is critical, and Kaspa is crafted to withstand 51% attacks, a typical danger. Furthermore, Kaspa cultivates a decentralized network with a growing variety of miners and nodes, even more strengthening security. The job represents the community-driven values of cryptocurrencies such as Bitcoin and Litecoin. Kaspa runs without main governance, and its launch was reasonable, without pre-mined coins or unique allowances for designers. This promotes trust and openness within the Kaspa neighborhood. With its focus on deal speed, scalability, and a safe, community-driven technique, Kaspa sticks out as an interesting rival in the vibrant cryptocurrency landscape. The concern of whether it will end up being the fastest and most scalable immediate verification deal layer developed on a proof-of-work engine stays unanswered, however Kaspa is undoubtedly a task deserving of attention.
This video has actually provided a short look into Kaspa’s capacity, keeping abreast of the newest advancements is important for every educated financier or crypto lover. For those wanting thorough analysis, technical conversations, and breaking news associated to Kaspa, Kaspanews.net is an important source. This devoted news platform assures to keep you at the leading edge of the Kaspa discussion.