Finance

Kaspa Upgrades Mempool Performance, Dramatically Improving Transaction Efficiency Under High Load

09/21/2023
Bitcoin Ethereum News
Kaspa Upgrades Mempool Performance, Dramatically Improving Transaction Efficiency Under High Load

 Key takeaways

  • Kaspa (KAS) announces major upgrade to its mempool design, a single node was able to handle 1.4 million transactions during the testing phase
  • KAS recently hit a new all-time high, now risen 855% YTD
  • Algorithm expects KAS to keep on rising over the coming years, strong support for the new layer-1 blockchain even after major price increases

“A more resilient, efficient, and adaptable system” — How Kaspa’s recent changes have improved the blockchain infrastructure

Kaspa (KAS) has unveiled a pivotal moment for the blockchain’s performance, correcting a fundamental drawback to its original mempool design. The team found that the mempool suffered bottlenecks during high network usage, which reduced the total number of transactions that could be processed by Kaspa’s blockDAG protocol.

Charts shared by Kaspa, showing high correlation between mempool size and transaction processing delays before the recent changes

To help combat this network inefficiency, Kaspa has made several key changes to the mempool design. Instead of overloading the blockchain with many transactions at once during high congestion periods, the network now segments the heavy load into more manageable chunks that can be confirmed concurrently.

The recent changes to the Kaspa blockchain have drastically improved its transaction processing capabilities. As stated in a recent blog post from the project:

“Kaspa’s advancements…are designed to manage a significant transactional load without compromising performance, marking a pivotal moment for Kaspa’s breakthrough technological journey.” — kaspa.org

Since the improvements have been made, the correlation between mempool size and transaction delay has been reduced to a significant degree. In many cases, transactions remained among the fastest processing times even during high congestion periods.

Charts shared by Kaspa, showing low correlation between mempool size and transaction processing delays after the recent changes

KAS 855% YTD with another new all-time high forecasted by the CoinCodex algorithm

The price of KAS has grown substantially during 2023. The token is up 855% YTD, marking a breakthrough year for the new layer-1 cryptocurrency. KAS formed a new all-time high on 20th September, marginally beating its previous high of $0.0516 when it rose to $0.054 in the early hours of the morning.

In total, KAS rose 67.85% from its low on 29th August to recapture the high that was set on 6th August. The overwhelmingly positive price action seen by KAS in recent months is testament to the project’s unique combination of consensus protocols, with many in the cryptosphere bullish on the future of a proof-of-work, directed acyclic graph hybrid.

Since forming its most recent high, KAS has retraced 11%. The CoinCodex algorithm expects KAS to retain support within the current price range, before gradually growing once again over the coming months and years. Before 2025, the algorithm expects that KAS will form another new all-time high.

2025 price prediction for KAS, via CoinCodex

Bottom line: Kaspa’s unique blockDAG protocol and the team’s continued optimizations signal high growth potential

As mentioned in a recent tweet from the project, there could be some exciting times ahead for Kaspa. The new layer-1 blockchain merges proof-of-work’s robust security measures with a directed acyclic graph’s high throughput capabilities, which could provide a real edge in terms of transaction processing.

The recent mempool upgrade is expected to provide a lasting boost to network efficiency. During the testing phase, the upgrade vastly outperformed expectations — while Kaspa’s team were anticipating one node to struggle under the weight of 600,000+ transactions, it was instead capable of handling 1.4 million without any major performance drain.

With a native token that is clearly in demand among crypto investors and a blockchain that continues to go from strength to strength, it seems as though the excitement around Kaspa is only just beginning.

Source: https://coincodex.com/article/32581/kaspa-upgrades-mempool-performance-dramatically-improving-transaction-efficiency-under-high-load/