Kaspa has emerged as a serious player in the Layer 1 blockchain space, implementing BlockDAG technology and accelerating transaction speeds to 10 BPS.
Achievements and Milestones
The rollout of Crescendo Testnet 10 marked a pivotal milestone for Kaspa, showcasing a block speed enhancement to 10 BPS. This success comes amid a broader roadmap that includes phases such as 'Launch & Stabilize,' 'Identify Bottlenecks,' 'Enhanced User Experience,' and more. Key developments include transitioning to 10 BPS on the mainnet by late April 2025.
Features That Distinguish Kaspa
The GHOSTDAG protocol allows for parallel block processing with instant transaction confirmations. The upcoming DAGKNIGHT upgrade (KIP-02) aims to further enhance adaptability and efficiency. The 10 BPS throughput reflects Kaspa's ambitions to hit 100 BPS in the future without compromising security or decentralization. The KHeavyHash algorithm makes mining accessible to a wide range of users, supporting decentralized network participation.
Kaspa's Competition and Prospects
Kaspa offers faster native transactions without gas fee complications seen in Ethereum, and matches the speed of networks like Solana. Unlike other projects like Sui and Aptos, Kaspa prioritizes fundamental blockchain properties of speed, security, and decentralization, avoiding specialized consensus participants. The BlockDAG architecture ensures no wasted blocks and maximized mining efficiency, delivering lightning-fast speeds.
Kaspa pushes the boundaries of PoW networks, integrating BlockDAG architecture and GHOSTDAG consensus. Its 2025 roadmap, including the mainnet's 10 BPS transition and smart contract implementation, positions Kaspa as a noteworthy Layer 1 contender.