Kaspa, a scalable proof-of-work blockchain, approaches a key milestone with the Crescendo upgrade, promising to increase throughput to 10 blocks per second.
Network Upgrade and Testing
Since its inception on March 6, 2025, Testnet-10 has been running at 10 blocks per second. A mainnet upgrade is scheduled for late April 2025, contingent on testnet performance. This upgrade increases current throughput from 1 to 10 BPS, improving transaction confirmation speed while keeping PoW consensus security intact.
Scaling Smart Contracts
Apart from speed, the Crescendo upgrade unlocks Kaspa's ecosystem with KRC-20 and KRC-721 token standards. All enhancements tested on Testnet-11 are set to integrate into the mainnet, positioning Kaspa to rival Ethereum's functionality while maintaining the PoW security model.
Market Position and Community Outlook
Kaspa garners visibility with its 'Made in USA' label and favorable views towards maintaining PoW protocols. In light of shifting US policies, the project may gain from tax incentives. Together with the upcoming network upgrade, this fuels interest in Kaspa. The blend of fast transaction processing, smart contract support, and secure PoW model could set Kaspa apart in the crypto market.
Kaspa's planned late April 2025 upgrade promises to significantly improve PoW scalability. The new transaction processing speed combined with smart contract support could redefine the project's positioning in the crypto world.
