The Kaspa Mobile Wallet

Kaspium

In crypto and likewise with Kaspa, there’s always some new innovation on the horizon. Riding this wave of continuous evolution and aiming to specifically accommodate the needs of the KAS community is Kaspium. Kaspium isn’t just any mobile wallet; it’s a sleek, modern, and intuitive wallet solution designed from the ground up to flawlessly integrate with the Kaspa network.

Kaspium has a new range of features designed to make managing your digital assets as easy as checking your email. Plus, with a name like “Kaspium v1.0.1,” you can be assured that it’s the latest and possibly the best version out there, having gone through refinements and improvements from earlier iterations. Whether you’re a novice or a crypto veteran, Kaspium promises a seamless experience, ensuring that managing your Kaspa assets is as straightforward and secure as possible. Welcome to the next chapter of Kaspa native wallets with Kaspium, now fully released and available on both iOS and Android app stores. Here’s a deep dive into its extensive feature set:

Wallet Creation and Import Options

• New Wallet Creation: Users can set up a new wallet using a 24-word secret phrase.
• Wallet Import: For those who already have a wallet, Kaspium provides multiple import options: 24-word and 12-word (Web Wallet/KDX)secret phrase wallets.
• Watch-only wallets: For use with an extended public key tied to a 24-word compatible wallet.
• Multiple Wallets: Users aren’t restricted to a single wallet. The platform supports the creation and import of multiple wallets.

Comprehensive Wallet Functionalities

• Transactions and Details: Send and receive KAS natively on the Kaspa network. Stay informed with a detailed transaction history, UTXO views, and a list of all wallet addresses.
• Address Utility: Users can filter to view only addresses with funds for added convenience.
• Send and Receive: Integrated with the ‘@Contacts’ feature, users can swiftly send funds, opt for the maximum send amount, and even add local notes for reference. Quickly generate a QR code for receiving funds. This feature also supports specifying an optional amount.
• QR Scan: For instantaneous payments, scan a Kaspa address or a Kaspa URI QR code.
• Fiat Conversion: See your balance in any of 38 available fiat currencies.
• Multilingual Support: Inclusive for a global audience, the wallet offers support in multiple languages.
• Themes: Customize your visual experience with light or dark themes.
• Security: Fortify your wallet using various measures such as PIN, biometrics, and a dedicated wallet password.
• Auto-lock: For added security, the wallet automatically locks itself.
• Custom Nodes: Connect to custom Kaspa nodes as per your preference.
• Explorer Access: View address and transaction details on Kaspa Explorer, Kas.fyi, or Katnip.
• Contact Management: Add, import, or export Kaspa addresses with the Contacts feature.
• Compound UTXOs: Efficiently combine multiple UTXOs using this feature.
• Address Discovery: Scan for possible undetected used addresses using the Address Discovery feature
• Secret Phrase View: Access the 24-word secret phrase associated with your wallet anytime.
• Kaspa URIs: For rapid transactions, utilize Kaspa URIs (Uniform Resource Identifier).

The Release

With the release of Kaspium v1.0.1, it is clear that the Kaspa network intends to offer a top-tier user experience, combining both functionality and security. Whether you’re new to the Kaspa network or a seasoned user, Kaspium ensures that managing your KAS is intuitive and secure.

The full release of Kaspium v1.0.1 is not just a tool; it’s a commitment from the community and contributors of the Kaspa network to provide you with a platform that makes managing your digital assets a breeze while ensuring they remain under lock and key. Now, you can carry your Kaspa in a dedicated mobile wallet!

Tip: Azbuky is a dedicated developer within the Kaspa community and the visionary mind behind the creation of the Kaspium mobile wallet.

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Thanks to all who contributed!  Although we have met our goal, the CMF is an ongoing need, so please continue to contribute as you can!

kaspa:qphn7jh03zwjn4rveup09ev945v2glh3uulwlmcnzt3azrtd8vxhkuzhpz925

Thank you for your unwavering support and your dedication to Kaspa’s adoption!

————————————

Link to the proposal on KaspaTalk

by Chad Ballantyne of Rhubarb Media (AKA Rhubarbarian)

It’s been quite the journey since we first started marketing Kaspa! Initially, our efforts began with the rebranding, a new website, and establishing our social channels. Back then, KAS was valued at .0002. By March/April of 2023, we launched the first official Community Marketing Fund for Kaspa, and the KAS value rose to .013. Now, just 6-7 months later, we’ve seen it climb to .05. Also, our follower count skyrocketed by x100!

Throughout this period, we’ve been hard at work. We’ve produced over 500 posts for our social media channels, created 40+ videos for YouTube, and developed countless designs for community members, merchants and Ambassadors. We’ve successfully onboarded more than 30 Merchants (https://kaspa.org/all-listings) worldwide and 4 regional Ambassadors. We just released Kaspa Pitch Decks (https://docs.google.com/presentation/d/ … sp=sharing) for teaching at meetups and other educational events.  These are being translated into multiple languages.  Most recently, see Shai’s custom deck (https://youtu.be/zcHqnGEnaNk?si=OTH9f3UQ11g_9kQh) for his presentation in Hong Kong

This Fall and early 2024, we’re in the process of bringing on 6-8 Ambassadors from countries including Nigeria, Uganda, Canada, the USA, Korea, Austria, Turkey, and Australia. A new page on the site will begin to profile these amazing Kaspains!

With the support of Bubblegum Lightning and Wolfie, our small but mighty Marketing Team (or, as our channel name states, “People with medium-sized brains”), we’ve helped integrate numerous new apps, exchanges, pools, and other strategic affiliations.  This also includes over 20 other social/channel mods, techs, and app and site developers who are contributing to the marketing efforts and use our services weekly.

We won’t go into too much detail about our work, as you can read all the reports here – viewforum.php?f=26

The ASK:
The initial CMF was to be for 3 months. Due to the increasing value and our decision to alter the terms and take the equivalent of finding in USD, we’ve been able to stretch the funds to 7 months!! This includes organizing and supporting key events with merch, creative design, and marketing tools.

Now, we hope to replenish the CMF to continue our marketing momentum into 2024 to increase marketing efforts and onboard more ambassadors and merchants. Please revisit our original proposal here: viewtopic.php?t=28

Our focus for Fall and 2024 is on EQUIPPING and Outreach. We aim to provide Ambassadors with the necessary resources to form their teams. We’re already seeing such developments in Nigeria, where new Ambassadors are emerging under the leadership of Balor. We expect the same efforts in terms of hours. Still, additional funds will be necessary for Ambassador Launches and to support participation in major 2024 events.

Here’s the breakdown:

* Funds Requested: We’re asking for 80,000 KAS/month (equivalent to $4000 USD/month) for the next three months. After this period, we’ll revisit for a New Year Budget review. Should the value of Kaspa increase, we pledge to only spend the USD equivalent, thus extending the funds over more months.

* Budget Allocation: 50% of the funds will be dedicated to our content creation, communications, Ambassador/Merchant support, and resource creation. The remaining 50% will cover Ambassador launches, Merchant support, article research/writing, and other associated costs. As stated, none of these funds will be used for paid advertising or non-Kaspa efforts. While some additional funds might be required for releases or infrastructure costs (like web hosting), most of the budget will be directed toward the daily efforts of Kaspa’s organic growth.

Total Budget: We’re looking at a total of 240,000 KAS. If the Kaspa value goes up, we will rationally adjust our spending.

Donations: If you wish to see this work continue, please send your contributions to the new wallet (to allow for campaign fundraising visualizer) address:

kaspa:qphn7jh03zwjn4rveup09ev945v2glh3uulwlmcnzt3azrtd8vxhkuzhpz925

Thank you for your unwavering support and your dedication to Kaspa’s adoption!

The Inaugural ETH Chicago held September 15-17 brought together a diverse group of blockchain enthusiasts, developers, innovators, and of course students. Among the many insightful presentations, Ambassador and Kapsa-U’s Nicholas Harness gave a presentation on Kaspa and CollegeDAO’s plans to integrate it into the student web3 community while also offering an exploration of student involvement in and contributions to this space.

This report delves into the key highlights of Nicholas Harness’ presentation and its implications for the future of blockchain education, the MIT Bitcoin experiment, CollegeDAO’s planned successor experiment, and Kaspa’s role in the ever-evolving student landscape.

They saw around 100 people in attendance for the Kaspa talk – mostly students and hackers.
They reported about 80 students from CollegeDAO, but sadly, could only get 17 rounded up for a picture.

Student Involvement in Web3
Nicholas Harness began his presentation by emphasizing the growing importance of Web3 technologies and the crucial role students can play in their development. He discussed how the blockchain industry offers unique opportunities for students to actively engage, contribute, and of course, learn. He highlighted the following key points:

1. Learning Opportunities – Harness stressed that blockchain and Web3 technologies are still relatively young, making it an ideal space for students to explore and innovate. They can gain practical experience and often even apply their knowledge in real-world projects inside and outside of their clubs on campus, thereby accelerating their learning curve. Tapping into the Kaspa development ecosystem accelerates their ability to learn about the latest in BlockDAG technology.

2. Collaboration – Web3 is inherently decentralized and community-driven, making it conducive for students to collaborate on open-source projects. Harness showcased several student-led initiatives and collaborations within the wider ecosystem, demonstrating how students are actively contributing to the growth of the blockchain space. Also covered was the fact that Kaspa, itself an open-source project, was designed and developed primarily by a team of academics, with Yonatan himself being a researcher at HUJI.

3. Skill Development – Students involved in blockchain projects can develop a wide range of skills, most importantly including on-chain-specific programming, cryptography, and smart contract development. These skills are highly sought after in the rapidly evolving tech industry as many companies not native to web3 are seeking to expand into this emerging industry. Through the KASPA-U initiative, we hope to get more students to work on cutting-edge code and contribute the the future of FInTech and blockchain evolution.

The MIT Bitcoin Experiment and CollegeDAO’s Successor Experiment
Nicholas Harness then transitioned to the MIT Bitcoin experiment, which was initiated to distribute Bitcoin to MIT students in 2014. He highlighted how this experiment was instrumental in introducing students to cryptocurrencies and blockchain technology. However, he also pointed out the limitations and challenges faced by this project.

1. Limitations of the MIT Bitcoin Experiment – Harness discussed how the experiment primarily focused on Bitcoin and lacked a broader educational component. Additionally, the distribution of Bitcoin raised regulatory concerns and required significant administrative overhead.

2. CollegeDAO’s Planned Successor Experiment – In response to the shortcomings of the MIT Bitcoin experiment (most importantly its inability to demonstrate full-scale adoption and even limited adoption on a true community-wide scale), Harness introduced CollegeDAO’s planned successor experiment. He explained that CollegeDAO aims to create a decentralized and transparent mechanism for distributing cryptocurrencies to students across different universities. This new approach is designed to not only address the limitations of the previous experiment but also demonstrate the practical abilities of Kaspa and how it is the perfect candidate for mass adoption by businesses globally of all sizes, and by extension could finally be the crypto to realize Satoshi’s vision.

Conclusion
Nicholas Harness’ presentation at ETH Chicago served as a rallying call for increased student involvement in Web3 and the blockchain industry. It underscored the potential for students to make meaningful contributions, both in terms of innovation and general education. Additionally, the discussion of the MIT Bitcoin experiment and CollegeDAO’s successor highlighted the evolution of blockchain acceptance in the realm of education. Kaspa’s role in supporting and fostering student engagement within this dynamic landscape was a testament to its commitment to the future of blockchain technology as a universal solution. As the blockchain industry continues to evolve, the active involvement of students and educational institutions will undoubtedly play a pivotal role in shaping its trajectory and help long term with lending legitimacy to Kaspa and web3 in the eyes of traditional businesses outside of the tech sphere. This presentation at ETH Chicago was a powerful reminder of the opportunities that await those who seek to explore and contribute to the world of Web3!

PS – Thanks to Rhubarbarian, for the Kaspa Slide Deck!  It was used as the base for the presentation

Please consider supporting the Community Marketing Fund (CMF) to see more of this activity around the globe!
Donations to the Community Marketing Fund address:
kaspa:qphn7jh03zwjn4rveup09ev945v2glh3uulwlmcnzt3azrtd8vxhkuzhpz925

Reports can be found on KaspaTalks

If you feel this role is something you would like to step into in your region, consider applying here.  

Please read and understand the criteria well, as a considerable level of energy and personality is required to be the face, hands and feet of Kaspa!  This is a volunteer role at the moment, but as your local community grows we hope to see some donations come in specifically for the Ambassadors.  As it is now, the CMF covers most hard costs for venues, merchandise, mentorship and creative from Rhubarbarian and his team.

New Mempool Implementation Manages Thousands of Pending Transactions

Rusty Kaspa Mempool Update

Kaspa recently unveiled another significant advancement in the performance of their mempool, a term referring to the temporary holding space for unconfirmed transactions. The new mempool design can now manage a high-frequency 10-BPS network, even when saturated with hundreds of thousands of pending transactions.

Behind this achievement stands Michael Sutton at the helm and documenting the process on Twitter/X, joined by the Rust powerlifter Tiram_88.

Some months back, Kaspa halted its eleventh testnet, TN11. This decision was primarily made to refine everything associated with the pathways of the mempool’s operations. Before this intervention, the focus was mainly on refining their consensus validation engine. This engine, created with parallel processing in mind, was tested and proved capable of handling approximately 32 BPS. However, challenges arose when attention shifted to the mempool. Its initial design was straightforward and needed to be refined to manage heavy loads, revealing bottlenecks that hindered performance.

Mempool Bottleneck

This graph, Figure 1, illustrates the challenges of the previous mempool system under constant pressure. It showed significant strain when subjected to an influx of transactions more than a 10-BPS BlockDAG could efficiently manage. The system nearly halted at one point, especially between the 60 to 80-second marks, even though it was handling a mere 35,000 transactions. Two metrics stood out in this figure. The left demonstrates the operation time, while the right showcased the real-time mempool size. Both metrics reflected that the Build Block Template (BBT) and the block submission times were increasing at a high rate in correlation with the mempool size. This indicated the need for internal mempool algorithm optimization.

Optimization objectives

— The system needed to quickly build blocks, which is crucial for the network’s responsiveness.

— Once a transaction was confirmed, it needed to be removed from the mempool promptly, ensuring a smooth operational flow.

— Maintain a consistent rate at which the new, unconfirmed transactions are accepted, regardless of the mempool’s load.

Results

The mempool then underwent a transformation. Large operations were fragmented into smaller, more manageable tasks, allowing many to run concurrently. Additionally, the internal algorithms of the mempool received significant overhauls for improved efficiency.

The results of these interventions were nothing short of impressive. Michael Sutton referred to Figures 2 and 3 to underscore the improvements. In tests, they attempted to send a staggering 1.4 million transactions to a node to prove that until the mempool reaches a stable size of 600 thousand transactions. Over 600 thousand, the transaction submissions will alternate pausing and resuming to maintain. Figure 2 showed that BBT times were around 25 milliseconds, while block submissions averaged 150 milliseconds. Simultaneously, Figure 3 highlights the transaction processing speed of over 2,000 transactions every second. Most notably, these figures remained stable, even with a considerable load on the mempool, indicating that the node performed seamlessly.

The Nutshell

Kaspa’s advancements signal a more resilient, efficient, and adaptable system. It’s designed to manage a significant transactional load without compromising performance, marking a pivotal moment for Kaspa’s breakthrough technological journey.

The days of frustrating delays, throughput limitations, and lengthy transaction times are poised to be things of the past. With a keen focus on quicker transactions, the revamped system efficiently processes tasks, even amidst high transaction volumes, ensuring unparalleled reliability.

Twitter Kaspa Update

Tip: With a potential to manage thousands of transactions seamlessly, Kaspa’s 10-BPS mempool is the future of practical everyday commerce.

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Hiveon Kaspa Pool
Hiveon is proud to announce the addition of a new mining pool designed explicitly for Kaspa (KAS) mining. This addition accommodates the needs of the Kaspa mining community, who are interested in exploring new mining opportunities. This Hiveon Kaspa Pool allows miners to leverage these characteristics and optimize their mining activities.

Pool Features
An affordable pool fee of only 1%
Pay Per Share Plus (PPS+) reward type
A manageable minimum payout threshold of just 50 KAS
Absence of transaction fees, covered entirely by Hiveon
Mining servers located across the globe
An automatic server selection that allows Hiveon to select the nearest server for your miners

If these compelling features have piqued your interest, you can initiate the process of setting up your Hiveon Kaspa Pool.

Hiveon OS
Create a Hiveon account here.

After establishing your account, or if you opt for anonymous usage, the next step is to create a Flight Sheet within your Hiveon OS account.

Applying this Flight Sheet to your worker(s) enables the start of mining.

Connecting to Kaspa Pool
ASIC miners enter the following addresses in your ASIC miner settings:
stratum+tcp://kas.asic.hiveon.com:4444

GPU/FPGA
kas.hiveon.com:4444 or kas.hiveon.com:8888
SSL 20443

Becoming a part of the Hiveon Kaspa Pool guarantees stable daily rewards without hidden transaction fees or extra charges. In addition, you will join a community of supportive ‘Hivers.’ Experience the pinnacle of cryptocurrency mining with Hiveon!
You can contact their customer support team at bee@hiveon.com for any questions or issues.

Tip: Hiveon OS is an operating system that helps to keep your crypto farms at their peak and monitor their info in one place.

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