Karlsen Network and the Karlsen Coin (KLS) are part of a new project that has forked from Kaspa (KAS). This new project features a modified Proof of Work algorithm called KarlsenHash that aims to prevent KAS ASICs from mining the coin. Despite being in its early stages, the project has garnered attention from crypto miners who are actively contributing GPU mining power to mine KLS coins. Currently, there are no exchanges available for KLS, but miners can utilize a local node and wallet to mine the coin, with pools like Herominers already supporting Karlsen Network mining. The latest version of SRBMiner-Multi has introduced support for mining KLS coins using the new algorithm.
To get started with mining KLS coins, a quick guide has been prepared for interested users. The first step involves downloading the latest Karlsen Network node and wallet from GitHub and unzipping the downloaded archive. Users can then generate a local wallet by running the “karlsenwallet create” command, which will prompt them to create a password for encryption. A keys.json file with the encrypted private key will be generated, along with a public key. Subsequently, running commands like “karlsenwallet dump-unencrypted-data” and “karlsend –utxoindex” will help in setting up a local node and getting the wallet ready for mining.
Additional steps include generating a wallet address for mining pool usage, checking the wallet balance with the “karlsenwallet balance -v” command, and sending KLS coins using the “karlsenwallet send -v amount_of_Karlsen_to_send -t wallet_public_address” command. By following these steps carefully, users can begin mining KLS coins and potentially contribute to the growth of the Karlsen Network project.
Original article published at: https://cryptomining-blog.com/13546-karlsen-network-kls-is-an-asic-resistant-fork-of-kaspa-kas/
