Topic: [ANN] KASPA (KAS) - CPU PoW - ghostDAG - page 14. (Read 9565 times)

https://kaspanet.org

KASPA (KAS) is a new Directed Acyclic Graph Proof-of-Work CPU-mineable Cryptocurrency with 1 second (avg) block times
Built around GhostDAG architecture.
Kaspa mainnet launched in late November 2021 and is all about decentralization, safety and efficiency.
Kaspa definitely has the potential to become the world's fastest PoW chain.

What KASPA strives to fix

Bitcoin's security relies crucially on the fact that the block delay is larger by orders of magnitudes than the round trip time of a new block. If you try to decrease block delay, or increase block size (whereby increasing the block round trip time), the security guarantees break down. The main reason for that is that decreasing the gap between block delay and round trip time increases the rate of orphaned blocks, and the work put into these blocks goes to waste instead of securing the network (if half of honest blocks are orphaned, then a well connected adversary needs only half of the hash rate of the honest network to take over the chain, so the network is vulnerable to 33% attacks).
By not discarding parallel blocks, and including their work into the tie breaking rule, the GHOSTDAG protocol manages to alleviate this limitation. The security proof of GHOSTDAG (in contrast with Bitcoin's) is valid even when the block delay and the round trip time are of the same order of magnitude. The POW mechanism takes on a more modest role of regulating the width of the DAG.
This allows us to increase throughput arbitrarily without compromising security. The bottleneck on the supported throughput shifts to the computational capacity of the nodes.

PHANTOM GHOSTDAG TECHNICAL PAPER

https://eprint.iacr.org/2018/104.pdf

Transactions Per Second (TPS)

During testnet, it was realised KASPA capabilities offered ~40TPS. Although a stress test has yet to be completed on mainnet, it is anticipated the TPS should easily exceed early testnet TPS. High TPS is not a development target: it's just a natural result of the beautiful architecture of KASPA.

KASPA SOURCE FILE REPOSITORY

https://github.com/kaspanet/kaspad/releases

KASPA KATNIP BLOCK EXPLORER

http://3.143.57.71/

ELICHAI KASPA CPU MINER

https://github.com/elichai/kaspa-miner/releases

QUICKSTART GUIDE

https://steemit.com/crypto/@kaspa/kaspa-quick-start-guide

TWITTER

https://twitter.com/CurrencyKaspa

DISCORD

https://discord.gg/3h8kQqMu94

TELEGRAM

https://t.me/kaspaenglish


FURTHER READING

https://hashdag.medium.com/kaspa-launch-plan-responding-to-reality-6b4bec449037

https://hashdag.medium.com/kaspa-black-tuesday-8c7f4fa35834

https://someone235.medium.com/how-increasing-the-throughput-harms-bitcoins-security-76ed62313227

https://someone235.medium.com/scaling-bitcoin-with-blockdag-d785174a3402

https://medium.com/@shai.wyborski/kaspa-what-are-we-actually-doing-here-fd7b2e420ad1