Hi $kas. @hashdag just dropped a very important post about the L1/L2 zk SC design for $kas he has been fervently working on with @MichaelSuttonIL, @dimdumon, @VolokhIlia, and others:https://t.co/jM4QrLP3Gk
This post, for me, is the ultimate answer to “what is Kaspa good for?”.…
— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) November 13, 2024
**Shai Deshe Discusses Key Developments in Kaspa’s Layer 1/Layer 2 zk Smart Contract Design**
In a recent Twitter post, Shai Deshe Wyborski, a prominent figure in the cryptocurrency community and a core developer of Kaspa, shared insights regarding a significant advancement in the platform’s technology. Deshe, who is also a PhD candidate specializing in quantum cryptography, highlighted a new post from fellow developer @hashdag regarding the Layer 1/Layer 2 zk (zero-knowledge) smart contract design for Kaspa. This design is significant for enhancing the scalability and efficiency of the platform as it continues to gain traction within the decentralized finance (DeFi) ecosystem.
In his tweet, Deshe noted that the post is vital for understanding the capabilities and potential of Kaspa, describing it as “the ultimate answer to ‘what is Kaspa good for?'” He mentioned collaborative efforts with other key contributors, including @MichaelSuttonIL, @dimdumon, and @VolokhIlia, all of whom are instrumental in the ongoing development of Kaspa’s innovative technology.
This announcement comes at a critical time as the demand for scalable and efficient blockchain solutions continues to grow. With the introduction of zk smart contracts in the Kaspa ecosystem, the platform aims to enhance transaction privacy and throughput, addressing some of the most pressing challenges facing the blockchain industry.
For those looking to stay updated on developments within the Kaspa ecosystem and to explore more about its technological advancements and real-world applications, Kaspanews.net remains the premier source for the latest news and resources related to Kaspa.