Summary
SafePal has officially integrated Kaspa (KAS), a decentralized and scalable Layer 1 network, into its wallet ecosystem. With the latest update, SafePal users can store, send, and receive KAS tokens through the SafePal mobile app and X1 hardware wallet, with further support for browser extensions and S1 wallets planned. Kaspa is renowned for its fast and secure proof-of-work engine and unique blockDAG architecture, which allows for high block rates and instant transaction confirmations. The integration raises questions about the future implications of supporting such high-speed networks within traditional crypto wallets.
SafePal Officially Supports Kaspa(KAS)
Dear SafePal Community,
We are excited to announce the integration of Kaspa, a decentralized, open-source and fully scalable Layer 1 network, across the SafePal wallet suite. Kaspa ($KAS) will be supported throughout SafePal’s comprehensive hardware wallet, mobile app, and browser extension solutions.
With the latest SafePal wallet app V4.7.7. update, users can now store, send, and receive the native KAS token through either the SafePal mobile app here, X1 hardware wallet here, with support from the browser extension and S1 wallet line to follow in future.
For SafePal users who want to swap assets into $KAS, they will be able to do so seamlessly via the SafePal cross-chain swap here, and selecting $KAS as shown in the images below.
About Kaspa
Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, which is structured as a revolutionary blockDAG.
Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance.
Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers goal is to increase the number of blocks per second substantially, attracting the development of smart contracts and DeFi.
Link: The post “SafePal Officially Supports Kaspa(KAS)” first appeared on SafePal.
