Kaspa Hits Record 10 Blocks Per Second on Testnet Redefines
Proof-of-Work Speed Standards.
June 27th, 2023— Kaspa, a pioneering proof-of-work community, pronounces a historic milestone: reaching 10 Blocks Per Second (BPS) on its testnet, establishing a brand-new benchmark in cryptocurrency.
Kaspa launched Testnet 11, its public experimental community, to realize this unprecedented block fee. This landmark offers an thrilling alternative for future innovation, inviting builders, crypto-enthusiasts, and revolutionary minds worldwide to stress-test numerous approaches and concepts.
“A ten BPS system is very delicate to minor errors and even suboptimal engineering; it requires a deep understanding of p2p consensus modules interaction and top-notch execution capabilities. I hope extra devs will be a part of the undertaking, if something, merely to benefit from the magnificence manufactured.”
-Yonatan Sompolinsky, Kaspa Founder and co-author of the GHOSTDAG protocol.
Testnet 11 has carried hundreds of transactions per second throughout a number of community nodes on on a regular basis {hardware}, demonstrating {that a} proof-of-work protocol can scale with out compromising decentralization or safety. This pioneering triumph guarantees important developments for anybody desirous to discover and increase the boundaries of cryptocurrency prospects.
“With the arrival of GHOSTDAG as a scalable consensus protocol, we’ve reached a pivotal level the place efficiency turns into paramount. Scaling a cryptocurrency is not constrained by the protocol; it now hinges on computation limits. Furthermore, the highly effective mixture of widespread multi-core computer systems and the inherent parallelism alternatives of DAGs has allowed us to push the boundaries to their limits. This convergence of consensus and high-performance computing (HPC) unlocks untapped potential, propelling us in direction of new horizons of analysis and innovation.”
-Michael Sutton, a distributed techniques researcher & Kaspa core developer
“That is the primary time a permissionless, public, proof-of-work community has demonstrated four-digit transaction charges immediately on the consensus layer whereas working on inexpensive {hardware}. A number of the members reported working on nine-year-old laptops! We’re on monitor to show that proof-of-work can truly scale simply in addition to proof-of-stake, however with out the sacrifices to centralization and safety. 3000 TPS was unexpectedly straightforward, pushing the bounds, we would discover that we are able to even outperform VISA.”
-GHOSTDAG co-author Shai Deshe, Kaspa quantum & cryptography researcher
Kaspa’s achievement is a big step in direction of realizing Satoshi Nakamoto’s imaginative and prescient for an environment friendly, safe, and broadly adopted cryptocurrency. With blockDAG expertise demonstrating its potential to handle excessive transaction volumes, Kaspa is not only pushing the boundaries of present capabilities but additionally paving the best way for future improvements. This transformative second marks a brand new period on the planet of digital currencies, providing broader adoption and unprecedented software alternatives.
Witness this milestone stay on Twitch: https://twitch.tv/kaspacurrency
About Kaspa
Kaspa is an instantaneous affirmation transaction Layer-1 constructed on proof-of-work. With the GHOSTDAG protocol, Kaspa circumvents the normal security-scalability-decentralization tradeoff, enabling excessive block charges and sustaining prime safety.
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