Kaspa approaches a critical milestone with its Crescendo Hardfork, aiming to enhance network throughput to 10 blocks per second.
Transition to Enhanced Throughput
The Crescendo hardfork signifies a tenfold increase in Kaspa's network throughput, aiming to provide faster transaction confirmations while maintaining the safety of proof-of-work security. Community members are actively participating in stress-testing on the testnet, ensuring the network handles increased transaction volumes reliably.
Smart Contract Development and KRC Standards
Beyond speed, Crescendo unlocks new potential for the Kaspa ecosystem. The KRC-20 and KRC-721 standards, developed and tested since January 2024, will merge with speed improvements. With zkEVM finalizing transactions on Layer 2, Kaspa aims to rival Ethereum's functionality while maintaining PoW security.
Market Position and Community Outlook
Kaspa's 'Made in USA' classification increases visibility as U.S. policies on proof-of-work cryptocurrencies evolve. Interest in the project grows ahead of the upcoming upgrade, with enthusiasts seeing potential competition with other cryptocurrencies by late 2025.
Kaspa's late April 2025 upgrade to 10 BPS could redefine PoW scalability. The event marks a crucial step in the network's evolution, signaling how the cryptocurrency landscape is changing.