Kaspa Support

We’re excited to announce that Dfns now supports the Kaspa blockchain and its native token, KAS, as a Tier 1 blockchain. This development unlocks new opportunities for developers, fintech innovators, and financial institutions to leverage Kaspa’s capabilities with the added security and functionality of Dfns’ wallet services secured by Multi-Party Computation (MPC). In this post, we’ll explore what this integration means, how it works, and what opportunities it opens up for users.

What is Kaspa?

Kaspa is a decentralized, proof-of-work blockchain that uses the GHOSTDAG protocol to resolve scalability issues without compromising on security or decentralization. It offers a more efficient, scalable solution by allowing parallel block creation, which increases the network’s throughput. This makes Kaspa an ideal platform for a wide range of applications, including decentralized finance (DeFi), gaming, and enterprise solutions, all while maintaining the security and transparency expected from a public blockchain. The native token, KAS, is integral to securing the network and facilitating transactions.

Key concepts in Kaspa

Before diving into the Dfns integration, let’s cover some fundamental Kaspa concepts:

• KAS: The native token of the Kaspa blockchain, used for transaction fees and network security.
• DAG (Directed Acyclic Graph): Unlike traditional blockchains, Kaspa uses a DAG structure, which allows multiple blocks to be added simultaneously making it extremely fast and potentially capable of achieving a high block-per-second (10 BPS). This leads to higher transaction throughput and faster confirmation times. Kaspa operates optimistically by incorporating blocks into the DAG first and resolving conflicts later. One key feature that may impact you is that a single transaction can be included in multiple blocks. For example this transaction, is included in two different blocks:some text
  • 648d5874000b9943b56d10d11cb4ca97f90aa7fc46eb9358dfd3b66370fea030
  • E6d888030e12162ab1063077116abcce85717cf7a667c6266c30adfe6db76357
• GhostDAG: A protocol that allows Kaspa to create blocks in parallel while maintaining a consistent ledger state, effectively solving scalability issues faced by traditional blockchain architectures.

How Dfns enhances Kaspa with MPC wallets

By integrating Kaspa as a Tier 1 blockchain, Dfns enables developers to interact with the network using MPC wallets, offering improved security, decentralization, and user-friendly functionality. Here’s what developers can do with this integration:

• Transfer KAS: Securely transfer KAS tokens between wallets.
• Broadcast Transactions: Submit KAS transactions on-chain with ease.
• Check Balances: View KAS balances directly within Dfns wallets.
• Create ECDSA Signatures: Generate signatures for secure KAS transactions.
• Interact with Smart Contracts: Use MPC wallets to engage with decentralized applications (dApps) built on Kaspa.
• Webhooks: Get real-time updates on blockchain events using Kaspa’s data indexing capabilities.

This integration brings Kaspa’s performance and security benefits to the Dfns platform, enhancing security while simplifying the user experience.

Secure access to Kaspa

The Dfns-Kaspa integration provides new opportunities for developers, fintechs, and financial institutions to explore secure blockchain applications—from fund transfers to advanced smart contract interactions. With the added security of MPC wallets, institutions can confidently innovate, knowing their digital assets are secure. Our goal is to provide seamless, secure blockchain access, allowing developers to focus on building while we handle the complexities of blockchain interactions.