• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Kaspa Prepares for Major Network Upgrade with Crescendo

Kaspa Prepares for Major Network Upgrade with Crescendo

user avatar

by Giorgi Kostiuk

7 months ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Stellar's RWA Market Grows with Major Issuers

chest

Stellar's RWA market has experienced substantial growth, reaching $533.3 million, thanks to contributions from major issuers such as Ondo Finance, Mercado Bitcoin, RedSwan Digital, and Centrifuge.

user avatarArif Mukhtar

Stellar Surpasses $3 Billion in Tokenized Assets

chest

Stellar has surpassed $3 billion in tokenized assets, including stablecoins, at its annual Meridian conference in Rio de Janeiro.

user avatarMaria Gutierrez

Franklin Templeton's BENJI Token Dominates Stellar's RWA Market

chest

Franklin Templeton's BENJI token has become a major player in Stellar's RWA market, representing $496.3 million and over 93% market share since 2021.

user avatarDavid Robinson

Collaborative Efforts Among Tech Firms Enhance Sustainability Initiatives

chest

Tech companies are forming partnerships with environmental agencies and sharing data to optimize ecological outcomes.

user avatarJacob Williams

Analysts Split on Bitcoin's Future Amid Market Volatility

chest

Analysts are divided on Bitcoin's future amid recent price volatility, with some suggesting a potential end to the bull run while others advise buying the dip.

user avatarZainab Kamara

Investor Sentiment Reflects Cautious Optimism in Crypto Market

chest

Investor sentiment in the cryptocurrency market shows cautious optimism as XRP, ETH, and SHIB fluctuate without breaking key resistance levels.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.