Good evening, everyone. I’m reporting live from the Kaspa headquarters with an exciting update on the performance of the Kaspa cryptocurrency. As of this week, the Kaspa network has seen a significant increase in its transaction speed, making it one of the fastest cryptocurrencies in the market. The development team has been working tirelessly to optimize the network’s performance, and their efforts have paid off. The Kaspa network can now handle up to 300 transactions per second, which is a remarkable improvement from its previous capability of 100 transactions per second. This increase in speed is a game-changer for Kaspa users, as it allows for quicker and more efficient transactions. Moreover, the network’s scalability has also improved, with the ability to handle a larger number of transactions without any delays or congestion. This is a crucial factor for the growth and adoption of Kaspa as a mainstream cryptocurrency. The Kaspa community has welcomed this performance update with open arms, and the value of Kaspa has seen a significant uptick since the announcement. Investors are confident in the future of Kaspa, and its potential to compete with other major cryptocurrencies. Overall, the future looks bright for Kaspa, and we can expect to see continued growth and improvements in its performance. Stay tuned for more updates on this exciting cryptocurrency.

Kaspa, a digital currency platform, has recently made significant improvements to their mempool system, which is responsible for managing unconfirmed transactions. The new mempool design can handle a high-frequency 10-BPS network and manage hundreds of thousands of pending transactions without any issues.

Michael Sutton and a Rust developer known as Tiram_88 have been instrumental in this achievement, with Sutton documenting the process on Twitter. Previously, Kaspa had to pause their eleventh testnet, TN11, to focus on refining the mempool’s operations. The initial design was too simple and could not handle heavy loads, leading to performance bottlenecks.

To address these issues, the mempool underwent optimization to quickly build blocks, remove confirmed transactions promptly, and maintain a consistent rate of accepting new transactions. The result was a more efficient system that could handle large operations and run multiple tasks concurrently.

The improvements were demonstrated through tests where 1.4 million transactions were sent to a node, and the system managed to maintain stable performance even with a mempool size of 600 thousand transactions. Block building times were around 25 milliseconds, block submissions averaged 150 milliseconds, and transaction processing speed was over 2,000 transactions per second.

Overall, Kaspa’s advancements indicate a more resilient and adaptable system capable of handling significant transactional loads without compromising performance. This marks a pivotal moment for Kaspa’s technological journey and has the potential to significantly improve everyday commerce.