GHOSTDAG protocol
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Why Kaspa Plunged 17% This Past Week
Yahoo Finance· 2025-12-15 15:22
Core Insights - Kaspa (CRYPTO: KAS) has recently experienced a significant price decline of 17.5% over the past week, raising concerns among investors regarding its viability as a top-100 cryptocurrency project by market capitalization [1][8] Group 1: Technology and Infrastructure - Kaspa is a layer-1 network designed for scalability, utilizing the GHOSTDAG protocol to process over 100 blocks per second, which enhances its transaction capabilities [2] - The Crescendo upgrade implemented earlier this year improved transaction speed while maintaining stability, contributing to a more than 100% rally in Kaspa's native token in May [2] Group 2: Investor Concerns - The recent decline in Kaspa's price is attributed to the shutdown of the Kaspa Explorer, a key infrastructure tool funded by the project's solo developer, which has raised concerns about the project's stability and future development [5][6] - The abrupt announcement of the explorer's shutdown suggests potential financial troubles within the development team, leading to investor apprehension about the project's long-term viability [6][7] Group 3: Market Sentiment - The loss of a critical tool for tracking transaction flows and network metrics has left investors feeling uncertain, akin to the Federal Reserve operating without essential tools for effective monetary policy [6] - The significant weekly decline in Kaspa's price may indicate broader underlying issues that could lead to continued downside in the coming months [7]
X @BSCN
BSCN· 2025-12-09 09:50
RT BSCN (@BSCNews)🚨 The Kaspa L1 is about to undergo its biggest upgrade in history.'DAGKnight' builds on the network's GHOSTDAG protocol but...The result is a system that could hit sub-second finality and maintain 50% Byzantine fault tolerance even during times of stress.We already know the impact that Crescendo had on the network earlier this year. Could DAGKnight be even bigger?!https://t.co/DUYYni47nW ...
X @BSCN
BSCN· 2025-12-08 19:42
Technology Upgrade - Kaspa L1 is set for its largest upgrade, named 'DAGKnight' [1] - DAGKnight builds upon the network's GHOSTDAG protocol [1] - The upgrade aims for sub-second finality and 50% Byzantine fault tolerance, even under stress [1] - The industry anticipates DAGKnight's impact, potentially exceeding that of Crescendo earlier in the year [1]