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Traders might want to wait for #BTC’s market dominance to reach 52.7% before looking to accumulate altcoins.
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$KAS is fast. Why it’s not just about speed 👇
Yes, $KAS is the fastest proof of work in the 🌎 , surpassing #BTC’s block time of 10 minutes with a staggering 1 second block time (and soon 10 bps), but when it comes to #KAS , it’s not JUST the speed that’s important.
#KAS is also FAIR LAUNCHED. And when it comes to the launch, it’s not just that it was fair! It was RAPIDLY RELEASED. $KAS mainnet is less than 2 years old, and already over 72% of the supply is circulating.
Why? The core devs decided on a fast emissions schedule for good reason. This way, ordinary miners on CPU/GPU could get a fair share of the supply before any super powerful ASICs were manufactured.
They chose a specific algorithm for which no existing ASICs on the market were capable of mining $KAS. This allowed for much more fair distribution than if expensive ASIC equipment and big mining operations were able to rush in and snatch a bunch of the supply from inception of the network.
Instead, ordinary casual home miners were able to mine $KAS for a good 18 months without competition from ASICs.
Once you realize this, it makes much more sense about why the community is so passionate. The coins were widely distributed and there are MANY individuals with a fair slice of the pie.
What’s the big picture? Well, given that @KaspaCurrency is a fast, secure, decentralized network, it may even have solved the trilemma 🤫. And given that smart contracts are coming, #Kaspa will soon be able to host a decentralized economy of applications AT SCALE.
So, if you appreciate the ethos of #Bitcoin — stateless money — but see the value of a SCALABLE stateless money, an actual peer to peer electronic cash, not just store of value, then $KAS is a really interesting project. It will host the world’s first scalable, decentralized economy on its network.
Yes, $KAS is the fastest proof of work in the 🌎 , surpassing #BTC’s block time of 10 minutes with a staggering 1 second block time (and soon 10 bps), but when it comes to #KAS , it’s not JUST the speed that’s important.
#KAS is also FAIR LAUNCHED. And when it comes to the launch, it’s not just that it was fair! It was RAPIDLY RELEASED. $KAS mainnet is less than 2 years old, and already over 72% of the supply is circulating.
Why? The core devs decided on a fast emissions schedule for good reason. This way, ordinary miners on CPU/GPU could get a fair share of the supply before any super powerful ASICs were manufactured.
They chose a specific algorithm for which no existing ASICs on the market were capable of mining $KAS. This allowed for much more fair distribution than if expensive ASIC equipment and big mining operations were able to rush in and snatch a bunch of the supply from inception of the network.
Instead, ordinary casual home miners were able to mine $KAS for a good 18 months without competition from ASICs.
Once you realize this, it makes much more sense about why the community is so passionate. The coins were widely distributed and there are MANY individuals with a fair slice of the pie.
What’s the big picture? Well, given that @KaspaCurrency is a fast, secure, decentralized network, it may even have solved the trilemma 🤫. And given that smart contracts are coming, #Kaspa will soon be able to host a decentralized economy of applications AT SCALE.
So, if you appreciate the ethos of #Bitcoin — stateless money — but see the value of a SCALABLE stateless money, an actual peer to peer electronic cash, not just store of value, then $KAS is a really interesting project. It will host the world’s first scalable, decentralized economy on its network.
