Kaspa

2024

Secure

Impact

<ul>
 <li>Kaspa network remains secure despite increased loads from Kasplex beta launch.</li>
 <li>Collaboration with Kasplex team aims to reduce transaction mass bloat for better network efficiency.</li>
</ul>
The Kasplex open beta’s latest release resulted in notable <a href="https://x.com/KaspaCurrency/status/1807470954823479421" rel="noopener noreferrer nofollow">increase</a> in genuine network usage. This spike produced a natural stress on the network, therefore extending the confirmation periods for every user.
The core of the network—including peer-to-peer (P2P) interactions, consensus, and mining techniques—has been and still runs safely despite the growing load. Still intact is the network’s capacity to safeguard funds and transactions.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 From <a href="https://twitter.com/OriNewman?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@OriNewman</a>
 "The launch of the Kasplex open beta caused a spike in legitimate network usage, resulting in a natural load — an increase in confirmation times for all users. The network itself — P2P, and especially consensus and mining — has been and is functioning securely… <a href="https://t.co/pkvJhSyKh1" rel="noopener noreferrer nofollow">pic.twitter.com/pkvJhSyKh1</a>
 — Kaspa (@KaspaCurrency) <a href="https://twitter.com/KaspaCurrency/status/1807470954823479421?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 30, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="strong-impact-on-community-built-explorers-strong">Impact on Community-Built Explorers</h2>
Fascinatingly, several community-built explorers lagged behind since they cannot manage the full throughput the <a href="https://www.crypto-news-flash.com/kaspa-targets-new-highs-parallel-analysis-with-solana/" rel="noopener noreferrer nofollow">Kaspa network</a> allowed. Still, this lag is a frontend problem that has nothing to do with network security or consensus. integrity and security of the network are still unqualified.
In times of unusual load, transaction costs have a significant influence on priority. To guarantee fast processing of their transactions, users of urgent transactions can raise their fees. This method guarantees that the network can efficiently handle heavy loads and preserve safe surroundings for every user.
Kaspa’s staff is working closely with the Kasplex team to investigate strategies to lighten network stress. Their main attention is on changes to the Kasplex wallet to solve transaction bulk bloat.
Particularly, one of the <a href="https://www.crypto-news-flash.com/xrp-ledger-adoption-soars-despite-drop-in-new-wallets/" target="_blank" rel="noopener noreferrer nofollow">wallets</a> utilized for KRC20 minting has been shown to have unduly bloated transaction mass. This is supposed to be transient and will be fixed once the Kasplex wallet changes how it generates KRC20 transactions.
<h3 id="strong-current-market-performance-of-kas-strong">Current Market Performance of KAS</h3>
Meanwhile, <a href="https://www.crypto-news-flash.com/going-bullish-why-are-investors-pumping-on-kaspa-right-now/" rel="noopener noreferrer nofollow">KAS’s</a> price at the moment of writing is $0.1816, a 4.86% drop in the past 24 hours. But KAS has demonstrated a bullish tendency over the past seven days, with an amazing rise of 23.08%, despite this temporary decline. This points to a great degree of market confidence and future expansion possibilities.
Complementing the positive sentiment, <a href="https://www.crypto-news-flash.com/marathon-mining-diversifies-revenue-with-kaspa-mining-reveals-operations-details/" rel="noopener noreferrer nofollow">Marathon Digital Holdings</a> (Marathon) has revealed that they are now Kaspa (KAS) mining, as previously reported by CNF.
This action highlights the potential and increasing interest in Kaspa among the bitcoin mining community since it is part of their approach to diversify their mining activities.

Kasplex Beta Launch: Kaspa Network Stays Secure and Efficient

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