Rusty Kaspa Nodes Dominate Mainnet with Impressive 98.83% Share

• Rusty Kaspa nodes now dominate 98.83% of the Kaspa mainnet.
• Kaspa achieves a groundbreaking 10 BPS on its testnet.

Rusty Kaspa nodes have taken over 98.83% of the Kaspa mainnet in just 1.5 months after their debut. Developers are improving the efficiency and user experience of the network concurrently as they get ready for 10 Blocks Per Second (BPS) capabilities. This comes amid a period of notable volatility in the crypto market.

🔥In just 1 1/2 months from launch, #RustyKaspa nodes are 98.83% of mainnet!🔥#Kaspa Devs are preparing for #10BPS and working on significant improvements in experience and efficiency.
More details to come.#L1 #ProofofWork #cryptocurrency pic.twitter.com/yTy3lZjflZ

— Kaspa (@KaspaCurrency) July 2, 2024

Rusty Nodes Takeover

Showcasing the strong development of the Kaspa mainnet, rusty Kaspa nodes have rapidly become its backbone. The predominance of the nodes is evidence of Kaspa’s creative approach to blockchain technology, which scales efficiently without compromising decentralization or security through the use of a proof-of-work mechanism.

With 10 BPS on their testnet, Kaspa’s development team has made really remarkable progress. With its ability to manage thousands of transactions per second on regular hardware, this landmark establishes a new benchmark in the crypto space.

Especially remarkable is Testnet 11’s successful implementation, which emphasizes Kaspa’s capacity for effective management of enormous transaction volume.

Moreover, the new mempool architecture guarantees that the network can maintain performance under severe demand. This development solves past obstacles so that, even with high transaction volumes, the system can process jobs fast and consistently.

Market Impact

Notwithstanding these developments in technology, the wider crypto sector is contracting. With a price of roughly $0.1531 right now, Kaspa (KAS) has dropped 10.04% in the previous 24 hours, according CoinMarketCap. This decline fits a larger global collapse in the crypto market, which has impacted many digital assets.

Kaspa’s network stays strong even with the slump in business. The previous CNF report underlined the network’s reliability even under higher demands from the beta launch of Kasplex. This resiliency emphasizes the robustness of Kaspa’s technological basis and its capacity to manage great demand without sacrificing performance.