What is the most technologically advanced cryptocurrency?
Kaspa (KAS)
As I started doing stocks, Bitcoin caught my attention. Following Peter Lynch's advice, I could not buy what I did not know, so I studied a little about bitcoin. Then I realized that while bitcoin has a historical significance, it has too many problems to be used as a real-world decentralized currency. One example is that bitcoin needs too much computing power to actually make a transaction without a central bank or government. So, I came to this community to ask what cryptocurrency fixed Bitcoin's many problems so that it is the most suited to be actually used as a real-world decentralized currency.
👍Kaspa (KAS) is a fast and efficient👍 cryptocurrency known for its unique technology, allowing many quick transactions at once. It’s secure, reliable, and designed to prevent issues like double-spending. The network is fully decentralized, with no central control, making it a promising choice for future digital payments.
Kaspa solved Trilemma , and it is the only proof of work that can scale down confirmation times. This is the only technology that can provide the security and decentralization of proof-of-work while providing reactiveness and throughput previously believed to be reserved for proof-of-stake.
The high parallelism of Kaspa provides unique solutions (that are literally impossible on all current PoWs) for MEV resistance (afaik, the only known purely game-theoretic solution to MEV resistance) and the fee market (again, currently Kaspa is the only network where the game theory of the fee market has no starvation-vs.-congestion dynamics): arguably the two most substantial challenges facing cryptocurrencies.
Kaspa also provides other unique solutions to hard problems. Rusty Kaspa is an exceptionally efficient client who can process 3000 TPS on very cheap hardware. Kaspa has a (very complicated) secure pruning algorithm, making sure that the ledger data required to run a node remains constant.