Kaspa

<div class="dailyhodl"> 
 <p>A layer-1 altcoin is outperforming the broader crypto markets after putting up a nearly 30% rally in the last week.</p> 
 <p>Proof-of-work blockchain Kaspa (KAS) is trading for $0.0496 at time of writing, up from a low of about $0.0383 one week ago.</p> 
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">    
 </div> 
 <p>The 44th-ranked crypto asset by market cap is up more than 3.6% in the past 24 hours.</p> 
 <p>Kaspa’s price surge materialized amid multiple new integrations this week.</p> 
 <p>On Wednesday, the crypto lender CoinRabbit made the project available on its platform for KAS-backed loans. Later that day, the crypto payment gateway NOWPayments integrated Kaspa onto its platform.</p> 
 <p>Additionally, the cryptocurrency mining platform Antpool introduced a dedicated Kaspa mining pool last week.</p> 
 <p>Kasps aims to deliver high block creation and transaction speed without the loss of security and decentralization that many higher-speed chains suffer from by using BlockDAG. The technology allows Kaspa to generate multiple blocks per second, giving the network the ability to process transactions instantly.</p> 
 <p>The proof-of-work project also says it’s designed so that solo miners, or miners who choose to work by themselves instead of relying on mining pools, can thrive as well.</p> 
 <p><em>“Kaspa is currently the fastest proof-of-work, mineable coin while remaining decentralized. The blockDAG architecture with rapid block rates allows more mining decentralization and enables effective solo mining at lower hashrates…</em></p> 
 <p><em>In solo mining, individual miners compete with each other to solve the puzzle and earn the reward. However, the odds of successfully solving the puzzle are low, especially with the increasing difficulty of the network.”</em></p> 
</div>
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/proof-of-work-layer-1-crypto-project-defies-market-doldrums-and-surges-by-29-this-week-amid-new-integrations-tbt62991.html">https://thebittimes.com/proof-of-work-layer-1-crypto-project-defies-market-doldrums-and-surges-by-29-this-week-amid-new-integrations-tbt62991.html</a></p>

Proof-of-Work Layer-1 Crypto Project Defies Market Doldrums and Surges by 29% This Week Amid New Integrations

TheBitTimes

Other articles published on Sep 17, 2023

The Lending Revolution of Crypto Exchange Bitstamp; Find Details

XRP’s Potential as the Next Bitcoin: Ripple CEO on Solving Trillion-Dollar Problem

Investors exiting LidoDAO and ApeCoin to explore new crypto project

Ethereum Smart Contract Development and Deployment

VeChain: All you Need to Know About the Blockchain Platform

Pria Ini Memborong 5.000 BTC Bermodal Rp399 Ribu di Tahun 2009, Begini Nasibnya Sekarang

Join our free newsletter for daily crypto updates!