The altcoin has been an outstanding performer in the broader crypto markets, posting an impressive gain of nearly 30% in the past week.
Kaspa (KAS), blockchainusing a consensus mechanism known as proof-of-work (PoW), is currently trading at $0.0463, marking a remarkable rise from its previous low of approximately $0.0383 just one week ago, a gain of over 3.6% in the last 24 hours.
The spike in Kaspa’s price coincided with a series of new integrations this week. On Wednesday, crypto lender CoinRabbit introduced the project to its platform, offering Kaspa-backed loans. Later that day, the crypto payment gateway NOWPayments integrates Kaspa in its platform.
Also, Antpool cryptocurrency mining platform presented dedicated Kaspa mining pool last week.
Kaspa aims to provide fast block generation and transaction speed without compromising on security and decentralization – a challenge faced by many high-speed chains.
It achieves this by using BlockDAG technology, which allows Kaspa to generate multiple blocks per second, thus giving the network the ability to process transactions instantly.
The project also emphasizes its design to enable the prosperity of solo miners who choose to work independently rather than rely on mining pools.
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2023-09-17 15:02:34
#Altcoin #jumps #integrations
