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Kaspa

KAS
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News

United Stables U Token Surpasses 1 Billion Market Cap

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The United Stables U token has achieved a significant milestone by surpassing a market capitalization of 1 billion, supported by Chainlink Data Feeds for pricing and collateral data.
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Satoshi Nakamura

Market Confidence in NIGHT Token at Risk Following Exploit

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The market's confidence in the NIGHT token is at risk as traders assess the implications of the Wanchain bridge exploit.
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Rajesh Kumar

Wanchain Bridge Exploit Results in Major Loss for NIGHT Token

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A significant exploit on the Wanchain bridge resulted in the loss of 515 million NIGHT tokens, causing a sharp decline in the token's market value.
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Jesper Sørensen

MiCA Framework Enhances Ripple's Business Prospects

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The MiCA framework provides a unified regulatory regime for crypto service providers, benefiting Ripple's operations.
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Lucas Weissmann

What is Kaspa?

Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. Whereby our blockchain is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer). This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency (cf. chapter 6 of the the paper for some initial benchmarks). The Kaspa implementation includes a lot of cool features and subprotocols including Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

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