LIVEKaspa
@Square-Creator-e12705184
kaspa is based on the #GHOSTDAG protocol which is a generalization of Bitcoin consensus. it's aiming to be the fastest and purest proof-of-work consensus engine
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14 cent $KAS next (from $0.05 that's about a 3x).
History doesn't always repeat, but it often rhymes and a $1B market cap on #Kaspa is objectively undervalued, I would argue.
Plus, #BTC may break through the $30k resistance, turning "Disbelief" into "Hope."
Next would come "Euphoria" and much higher prices.
History doesn't always repeat, but it often rhymes and a $1B market cap on #Kaspa is objectively undervalued, I would argue.
Plus, #BTC may break through the $30k resistance, turning "Disbelief" into "Hope."
Next would come "Euphoria" and much higher prices.
#KASPA currently creates 1 block per second, and very soon its increasing its block creation rate to 10 blocks per second. $KAS's ultimate vision is to be able to create 100 blocks per second.
This would make #KAS one of the fastest #blockchaine in the world, and it would enable it to process a large number of transactions per second. This would be beneficial for both users and developers, as it would make $KAS a more scalable and efficient platform.
There are a few different ways that $KAS could achieve its goal of creating 100 blocks per second. One way would be to increase the number of nodes on the network. Another way would be to implement new technologies, such as #sharding or off-chain payments.
Also, increasing the block creation rate can also have some drawbacks. As it can make the network more susceptible to attacks. It is also important to make sure that the network has enough nodes to support a higher block creation rate.
Overall, $KAS's goal of creating 100 blocks per second is an ambitious one, but it is achievable. If $KAS is able to achieve this goal, it would be a major milestone for the project and would make $KAS one of the most powerful blockchains in the world.
This would make #KAS one of the fastest #blockchaine in the world, and it would enable it to process a large number of transactions per second. This would be beneficial for both users and developers, as it would make $KAS a more scalable and efficient platform.
There are a few different ways that $KAS could achieve its goal of creating 100 blocks per second. One way would be to increase the number of nodes on the network. Another way would be to implement new technologies, such as #sharding or off-chain payments.
Also, increasing the block creation rate can also have some drawbacks. As it can make the network more susceptible to attacks. It is also important to make sure that the network has enough nodes to support a higher block creation rate.
Overall, $KAS's goal of creating 100 blocks per second is an ambitious one, but it is achievable. If $KAS is able to achieve this goal, it would be a major milestone for the project and would make $KAS one of the most powerful blockchains in the world.
$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.
