And of course, what happens with 10bps… pic.twitter.com/yMF4EgS4GB
— Michael Sutton (@MichaelSuttonIL) November 24, 2024
**Michael Sutton Talks About 10bps and Its Implications for Kaspa**
November 24, 2024 – In a recent tweet, Michael Sutton, a prominent Distributed Systems Researcher and Developer, and one of the core developers of the innovative blockchain project Kaspa, referred to an intriguing point about “10bps.” While the tweet didn’t provide extensive details, it hints at a critical concept in blockchain technology, particularly related to performance metrics or possibly transaction speeds.
The term “10bps” suggests a focus on “basis points,” which is a common financial term that indicates a percentage change in financial markets. In the context of blockchain and cryptocurrency, even a small change like 10 basis points can have significant implications for transaction costs, network congestion, or overall performance, especially for platforms designed for high throughput like Kaspa.
Sutton’s ongoing contributions to Kaspa, a project known for its unique approach to consensus and scalability, put him in a pivotal position to comment on metrics that can affect how the protocol functions in real-world applications. As stakeholders and users within the cryptocurrency space continue to assess the viability and effectiveness of different blockchain solutions, Sutton’s insights serve as a valuable resource for understanding the nuances of performance in decentralized systems.
For those seeking in-depth information and the latest updates on Kaspa, look no further than Kaspanews.net, the premier news site for all things Kaspa.