July 2024 Work Progress Report: Kaspa and Bitcoin Cash Updates

July Work Progress Report


Kaspa
Minimum
Payout
Value
Update

The
recent
impressive
growth
in
Kaspa’s
market
price,
which
has
increased
five
times
over
the
past
year,
has
forced
us
to
reduce
the
minimum
payout
values
in
our
KASPA
pool.
This
change
aims
to
facilitate
more
frequent
and
accessible
payouts
for
our
miners,
aligning
with
Kaspa’s
increased
liquidity
and
market
activity.

  • For
    KASPA
    (KAS)
    payouts:
    50
    KAS
  • For
    Bitcoin
    (BTC)
    payouts:
    50
    KAS
    equivalent
  • For
    Toncoin
    (TON)
    payouts:
    100
    KAS
    equivalent


Bitcoin
Cash
Node
Update

We’ve
updated
our
Bitcoin
Cash
Node
to
version
27.1.0,
which
includes
several
enhancements
aimed
at
improving
performance
and
security.
This
update
removes
the
BIP70
payment
protocol
from
the
node
wallet,
aligning
with
our
commitment
to
full
node
security
requirements.
Users
needing
BIP70
can
continue
using
other
popular
BCH
wallets
like
Electron-Cash
and
Bitcoin.com.

This
release
also
includes
performance
improvements
and
minor
modifications
to
some
configuration
and
command
line
arguments,
ensuring
our
network
remains
robust
and
efficient.


Block
Reward
Reductions


Pyrin
(PYI)
Reward
Reduction

In
line
with
the
PYRIN
EMISSION
SCHEDULE,
the
block
reward
for
Pyrin
has
been
reduced
from
13.21
PYI
to
12.47
PYI.
This
adjustment
reflects
the
ongoing
tokenomics
strategy
to
ensure
the
long-term
viability
of
the
Pyrin
network.


Karlsen
(KLS)
Reward
Reduction

Following
the
Karlsen
coin
Tokenomics
and
EMISSION
SCHEDULE,
the
block
reward
for
Karlsen
has
decreased
from
42.78
KLS
to
41.60
KLS.
These
changes
are
crucial
for
maintaining
economic
balance
within
the
network.


KASPA
(KAS)
Reward
Reduction

The
KASPA
EMISSION
SCHEDULE
mandated
a
reduction
in
the
block
reward
from
103.82
KAS
to
97.99
KAS.
This
update
is
part
of
scheduled
adjustments
to
control
inflation
and
encourage
healthy
network
growth.

All
reward
changes
have
been
updated
in
our
mining
calculator
at

2CryptoCalc

to
assist
miners
in
recalibrating
their
mining
strategies
accordingly.

Stay
connected
with
us
through

X

and
join
our

Telegram
miner
community

for
the
latest
updates
and
support.

Your
success
in
mining
is
important
to
us,
and
we’re
here
to
support
you
every
step
of
the
way.

Comments are closed.