{"id":545600,"date":"2023-08-03T07:25:07","date_gmt":"2023-08-03T07:25:07","guid":{"rendered":"https:\/\/ktsl888.com\/?p=545600"},"modified":"2024-06-11T08:59:09","modified_gmt":"2024-06-11T08:59:09","slug":"kaspa-takes-off-with-23-burst","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/kaspa-takes-off-with-23-burst\/","title":{"rendered":"Kaspa (KAS) Takes Off With 23% Burst – What’s Fueling The Thrust?"},"content":{"rendered":"

Kaspa continues to captivate the blockchain sphere with its interesting nature as a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform. Emerging onto the scene precisely when the blockchain realm was searching for an Ethereum (ETH) alternative, Kaspa’s protocol arrived as a timely solution. This came after Ethereum’s transition from proof-of-work to a proof-of-stake (PoS) framework the previous year.<\/span><\/p>\n

A DAG-based PoW is a variation of the traditional proof-of-work consensus mechanism used in blockchain systems. In a typical blockchain PoW system, miners compete to solve complex mathematical puzzles in order to add new blocks to the blockchain. This process requires significant computational power and energy consumption.<\/p>\n

Related Reading: Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?<\/a><\/div>\n

The native coin of the Kaspa ecosystem, KAS, has recently generated significant attention. Its performance has been notably impressive, even in a challenging bear market.<\/span><\/p>\n

Currently priced at $0.04792611, according to\u00a0<\/span>CoinGecko data<\/span><\/a>, KAS has exhibited a 17.3% surge in the last 24 hours. Over the past seven days, KAS has demonstrated an impressive climb of 23.3%.<\/span><\/p>\n

\"\"<\/p>\n

Source: Coingecko<\/pre>\n
Driving Forces Behind KAS Coin’s Remarkable Growth<\/strong><\/h2>\n
Kaspa’s recent surge in prominence can be attributed to a strategic move that has set the stage for its remarkable growth trajectory. The blockchain platform has\u00a0<\/span>successfully concluded a crowdfund endeavor<\/span><\/a>\u00a0with a clear objective: securing a prestigious Tier-1 Exchange listing for its native token, KAS. <\/span><\/p>\n
\n
\u2705The Tier-1 Exchange Crowdfund for #Kaspa<\/a> has been successfully completed, thanks to your immense support! More details coming soon.<\/p>\n
\ud83d\udc68\ud83c\udffd\u200d\ud83d\udcbbThe $KAS<\/a> browser wallet crowdfund is still live.
\nLet’s keep the momentum going!<\/p>\n
Let’s continue to shape the future of finance.\u2026 pic.twitter.com\/8Oda5yivFA<\/a><\/p>\n
\u2014 Kaspa (@KaspaCurrency) August 2, 2023<\/a><\/p><\/blockquote>\n
The crowdfund, which reached its conclusion on Aug. 2, aimed to amass a substantial sum of $30,000, drawing contributions in USDT and KAS tokens.<\/span><\/p>\n
Insights into this crowdfund achievement, provided through an update via reliable sources, promise to be unveiled shortly. The anticipation surrounding these forthcoming details suggests a direct correlation between this significant milestone and the recent surge in KAS’s valuation.\u00a0<\/span><\/p>\n
An astute\u00a0<\/span>Twitter user even pointed out<\/span><\/a>\u00a0an intriguing phenomenon: many traders appear to be divesting their Bitcoin holdings to acquire KAS tokens.<\/span><\/p>\n
\n
Folks are literally selling $BTC<\/a> to buy $KAS<\/a>. Mission achieved.<\/p>\n
\u2014 Dr Martin Hiesboeck (@MHiesboeck) August 2, 2023<\/a><\/p><\/blockquote>\n
Diverse Investor Engagement Fuels Kaspa’s Rise<\/strong><\/h2>\n
A\u00a0<\/span>July Medium blog post<\/span><\/a>\u00a0by Kaspa shines a light on the purposeful allocation of funds raised through this ambitious campaign. The primary objective of the amassed funds is to fulfill the listing fee requirements established by a centralized exchange (CEX) set to list the KAS token. The CEX will judiciously utilize this substantial capital to orchestrate an extensive and impactful advertising campaign.<\/span><\/p>\n
<\/p>\n
KASUSDT trading at $0.046 on the daily chart: TradingView.com<\/a><\/pre>\n
While the loyal native community has undeniably been a cornerstone of Kaspa’s growth, the entry of investors from diverse protocols, including Ethereum, has significantly fortified the project’s standing on a broader spectrum. As noted in a recent\u00a0<\/span>report<\/span><\/a>, this influx of interest has magnified Kaspa’s allure, establishing it as an attractive proposition for a wider audience.<\/span><\/p>\n
Related Reading: Binance Coin (BNB) Price Gears Up For A 10% Upswing \u2013 Here\u2019s How<\/a><\/div>\n
In a distinct departure from its competitors, Kaspa has distinguished itself through its remarkable capacity to process an impressive 100 blocks per second. This exceptional throughput rate introduces a level of efficiency that renders it exceptionally suited for enterprise adoption. This technical prowess demonstrates Kaspa’s commitment to scalability and opens doors to a myriad of real-world applications.<\/span><\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from Pexels<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Kaspa continues to captivate the blockchain sphere with its interesting nature as a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform. Emerging onto the scene precisely when the blockchain realm was searching for an Ethereum (ETH) alternative, Kaspa’s protocol arrived as a timely solution. This came after Ethereum’s transition from proof-of-work to a proof-of-stake (PoS) framework the previous year. A DAG-based PoW is a variation of the traditional proof-of-work consensus mechanism used in blockchain systems. In a typical blockchain PoW system, miners compete to solve complex mathematical puzzles in order to add new blocks to the blockchain. This process requires significant computational power and energy consumption. Related Reading: Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario? The native coin of the Kaspa ecosystem, KAS, has recently generated significant attention. Its performance has been notably impressive, even in a challenging bear market. Currently priced at $0.04792611, according to\u00a0CoinGecko data, KAS has exhibited a 17.3% surge in the last 24 hours. Over the past seven days, KAS has demonstrated an impressive climb of 23.3%. Source: Coingecko Driving Forces Behind KAS Coin’s Remarkable Growth Kaspa’s recent surge in prominence can be attributed to a strategic move that has set the stage for its remarkable growth trajectory. The blockchain platform has\u00a0successfully concluded a crowdfund endeavor\u00a0with a clear objective: securing a prestigious Tier-1 Exchange listing for its native token, KAS. \u2705The Tier-1 Exchange Crowdfund for #Kaspa has been successfully completed, thanks to your immense support! More details coming soon. \ud83d\udc68\ud83c\udffd\u200d\ud83d\udcbbThe $KAS browser wallet crowdfund is still live. Let’s keep the momentum going! Let’s continue to shape the future of finance.\u2026 pic.twitter.com\/8Oda5yivFA \u2014 Kaspa (@KaspaCurrency) August 2, 2023 The crowdfund, which reached its conclusion on Aug. 2, aimed to amass a substantial sum of $30,000, drawing contributions in USDT and KAS tokens. Insights into this crowdfund achievement, provided through an update via reliable sources, promise to be unveiled shortly. The anticipation surrounding these forthcoming details suggests a direct correlation between this significant milestone and the recent surge in KAS’s valuation.\u00a0 An astute\u00a0Twitter user even pointed out\u00a0an intriguing phenomenon: many traders appear to be divesting their Bitcoin holdings to acquire KAS tokens. Folks are literally selling $BTC to buy $KAS. Mission achieved. \u2014 Dr Martin Hiesboeck (@MHiesboeck) August 2, 2023 Diverse Investor Engagement Fuels Kaspa’s Rise A\u00a0July Medium blog post\u00a0by Kaspa shines a light on the purposeful allocation of funds raised through this ambitious campaign. The primary objective of the amassed funds is to fulfill the listing fee requirements established by a centralized exchange (CEX) set to list the KAS token. The CEX will judiciously utilize this substantial capital to orchestrate an extensive and impactful advertising campaign. KASUSDT trading at $0.046 on the daily chart: TradingView.com While the loyal native community has undeniably been a cornerstone of Kaspa’s growth, the entry of investors from diverse protocols, including Ethereum, has significantly fortified the project’s standing on a broader spectrum. As noted in a recent\u00a0report, this influx of interest has magnified Kaspa’s allure, establishing it as an attractive proposition for a wider audience. Related Reading: Binance Coin (BNB) Price Gears Up For A 10% Upswing \u2013 Here\u2019s How In a distinct departure from its competitors, Kaspa has distinguished itself through its remarkable capacity to process an impressive 100 blocks per second. This exceptional throughput rate introduces a level of efficiency that renders it exceptionally suited for enterprise adoption. This technical prowess demonstrates Kaspa’s commitment to scalability and opens doors to a myriad of real-world applications. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Pexels<\/p>\n","protected":false},"author":557,"featured_media":545610,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,3],"tags":[142,1144,8686,89011,88053,4735],"class_list":["post-545600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-news","tag-altcoins","tag-btcusd","tag-ethusd","tag-kas-price","tag-kaspa","tag-price-action"],"acf":[],"yoast_head":"\nKaspa Takes Off With 23% Burst - What's Fueling The Thrust?<\/title>\n<meta name=\"description\" content=\"Kaspa continues to captivate the blockchain sphere with its interesting nature as a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/kaspa-takes-off-with-23-burst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaspa Takes Off With 23% Burst - 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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