🎁 CHRISTMAS GIVEAWAY 🎁
We're giving away a BitBox02 Nova White from our friends @BitBoxSwiss 🇨🇭
To enter the giveaway:
🔁 Retweet + Like this post
💬 Comment why self-custody matters to you
Good luck 🎅
We're teaming up with @Ledger to help you secure your $MON airdrop🔒
We're giving away TWO Ledger Flex wallets to 2 lucky traders who:
- Follow @Ledger
- Follow @seertrade
- RT this post
Keep your DMs open cousin 📟
Big Update! 🎉
$USDT on @0xPolygon is now supported in the Nimiq Wallet!
Another step towards mass adoption of #crypto#payments.
Easily receive, hold, and send #USDT with gas abstraction—self-custodial swaps coming soon!
👉 Try it out now: https://t.co/DYsYCpHwGB
1/2 🧵
【 $KAS: A Legacy-Free L1 Built for Scalability】
Thanks to @Kaspa_KEF, today at the #Kaspa Innovation Summit, me and our team had the opportunity to learn about Kaspa and its unique approach to blockchain technology.
Before this event, I wasn’t very familiar with Kaspa, but thanks to the invitation from the Kaspa Ecosystem Foundation, I got to see firsthand what makes Kaspa stand out.
First, I’d like to acknowledge the impressive technology and software stack that Kaspa employs.
@CryptoAspect's presentation on the technical roadmap was particularly enlightening. The clarity and depth of his explanation provided my team with a better understanding of Kaspa's potential in the L1 space.
(This picture is a photo of Anton Yemelyanov and our CTO @cbd1913, thanks to this meeting we had a very in-depth technical discussion and learned a lot.)
From my point of view, Kaspa's design aims to be a “better L1” without relying on Layer 2 or sidechains for scalability. Its core innovations set it apart from blockchains dependent on Layer 2 solutions like Polygon zkEVM or zkSync.
▋After doing a lot of research I think the key features are:
1. Legacy-Free Architecture for Scalability
Unlike many blockchains that have to accommodate legacy infrastructure, Kaspa is built from the ground up to prioritize scalability. This legacy-free approach means it can implement state-of-the-art solutions without being burdened by outdated technologies. The use of a BlockDAG structure enables Kaspa to scale efficiently on Layer 1, achieving up to 10 Blocks Per Second (BPS), making it different from older blockchains that rely on L2 solutions to handle scalability.
2. Innovative BlockDAG for Parallel Processing
Kaspa uses a Directed Acyclic Graph (DAG) architecture, allowing for parallel block processing, which boosts its Blocks Per Second (BPS) to up to 10. Unlike traditional blockchain structures that suffer from linear block confirmation bottlenecks, Kaspa’s BlockDAG can manage multiple blocks simultaneously, enabling higher throughput and faster transaction confirmations directly on Layer 1. This parallel processing capability provides Kaspa with a significant performance advantage.
3. Native Zero-Knowledge (ZK) Support with OpCode Integration
Kaspa is planning to natively support Zero-Knowledge (ZK) operations through dedicated OpCodes, allowing for enhanced privacy and efficient smart contract execution directly on its Layer 1. Unlike blockchains that require L2 solutions or external computations for ZK proofs, Kaspa’s native ZK support via OpCodes ensures that privacy-preserving contracts can be executed more efficiently, with reduced latency and less complexity, directly at the foundational layer.
4. Optimized for High Performance with Rust
The implementation of Rust, a high-performance and memory-safe programming language, highlights Kaspa’s commitment to building an efficient blockchain. The transition of nodes from Golang to Rust has enhanced performance and stability. Rust’s emphasis on safety and concurrency makes it ideal for blockchain applications, providing Kaspa with a robust, secure foundation to meet growing transaction demands without the limitations imposed by legacy languages like C++.
5. Decentralized Governance and Adaptive Development
Kaspa’s governance model is designed to be highly decentralized, fostering rapid adaptation to new technologies and market demands. The Kaspa community is very active on Discord, which facilitates the discussion and adoption of new features. Without legacy constraints, Kaspa can upgrade features, optimize protocols, and adapt governance policies quickly, setting it apart from more conservative blockchains. This approach ensures that Kaspa can remain at the forefront of innovation while maintaining decentralization and security.
Kaspa’s Layer 1 design inherently addresses scalability without relying on Layer 2 or sidechains, ensuring high throughput and rapid confirmations.
Unlike zkEVM or zkSync, Kaspa’s architecture simplifies the process by avoiding the need for synchronization between layers, reducing complexity and enhancing user experience. Kaspa's design also eliminates the need for external data availability layers, keeping data validation consistent directly on L1.
Kaspa's approach minimizes system complexity, allowing all operations directly on L1 without cross-layer synchronization or fund transfers. This design reduces delays common in zkRollup-based systems during peak times.
▋A better L1
In summary, Kaspa positions itself as a “better L1” by leveraging innovations like DAG architecture and native ZK support to provide a streamlined, efficient blockchain solution. This reduces complexity, increases security, and improves user experience. Kaspa’s decentralized nature and commitment to innovation make it a promising project.
The fair launch, PoW model, DAG-based scalability, and adoption of ZK technology give it the potential to become an even better version of Bitcoin. I’m genuinely excited to see Kaspa's journey and remain optimistic about its future.
I will repeat this 10 times a second if necessary: the KRC20 launch on the $kas network is the single largest and most successful in-production experiment in the history of proof-of-work.
Thousands of cheap computers around the world effortlessly processing 300 TPS and mempool queues of up to 130,000 pending transactions. And all that before 10BPS.
🎃 Join the https://t.co/YKQXZ5Kaqx x Nimiq Halloween Contest! 👻
5 winners will share the prize pool of 200k $NIM on Nov 4th
🎁 Entry 1: RT, like, follow @StealthEX_io & @nimiq, tag 3 friends
🔄 Entry 2: Complete an exchange of $NIM on StealthEX, submit the info in the Google form (https://t.co/Xb21jZrqpH) Each new swap gives you 1 extra entry!
📝 Entry 3: Post a tweet about how you'd use Nimiq’s processing solution or what you would buy with $NIM
Increase your chances of winning by completing multiple entries! ⚡🕸️
🚨 Win from 200 Million $NIM! 🚨
Only 27 days left to join the Pre-Staking Campaign!
Pre-Stake now to lock in a 2x multiplier and boost your chances of winning. ⏳
Don’t wait—secure your spot today!
👉 https://t.co/2MCMbFY2Qg
#Crypto#Giveaway#Nimiq#Blockchain
@StealthEX_io I have a question about these browser nodes you just mentioned.
Technically there is a list of seeds, so basically you only connect to a predefined sets of peers. Not very random (and decentralized).
Am I right ?
10 years since the first Hardware wallet was released. 🎉
To celebrate it, we’re giving away 3 limited edition metallic Trezor Model One!
If you love collectibles and self-custody, this is for you! 🎁
To participate:
1️⃣ Follow @Trezor
2️⃣ RT this post
3️⃣ Tag two crypto friends
Winner announcement is on August 6. #selfcustodyweek