Layer1 project Kaspa's testnet completed a 10 BPS stress test, setting a new record for the fastest block confirmation on a PoW chain.

BlockBeats news on July 3rd: Kaspa is a POW public chain built on the GHOSTDAG protocol, aiming to solve the blockchain impossible triangle problem. Recently, Kaspa conducted stress tests on Testnet 11, achieving 10 BPS (10 blocks/second) and TPS. The highest TPS on the Kaspa test network can reach 3000+, with 10 block confirmations completed in 4-10 seconds, achieving the fastest confirmation speed of a PoW chain. Kaspa's ultimate vision is to achieve 100 blocks/second. Kaspa is a project that has been under development for 4 years, and has been running at 1 BPS since its mainnet launch in early November 2021. The team mainly comes from Israel, and the founder Yonatan Sompolinsky is a Harvard postdoctoral fellow. He and his mentor also invented the underlying consensus ghost protocol GHOST of Ethereum. Currently, Kaspa's BlockDag protocol is the fourth upgraded version of ETH's ghost protocol GHOST. It is reported that the team will also complete the pioneering Dagknight protocol upgrade this year, and then implement smart contract functionality on the Kas chain. Currently, Kaspa is a top 5 POW coin, and Bitmain has released Asic mining machines KS3 for this project. Kaspa is a community-driven project with no investment institutions. All tokens are produced through POW mining, and the project follows the fair release principle based on the consensus of Satoshi Nakamoto.