$kaspa,#btcThe Kaspa Standard As Bitcoin is recognized by more and more people, the intrinsic value of Bitcoin is gradually reflected in its price. On November 28, 2023, the price of Bitcoin was approximately US$37,000. As the Bitcoin network is used by more and more people, Bitcoin gradually transitions from its white paper subtitle "a peer-to-peer cash payment system" to a "store of value." The main reason is that its tps (transactions per second) is 3-7, while the data for visa and master is 3,000. In order to maintain its security, Bitcoin cannot easily change this value. Another main reason is that the handling fees for Bitcoin transactions are becoming more and more expensive. On November 28, 2023, the minimum single transaction fee will be $3. Why are handling fees getting more and more expensive? If the adoption rate of a system continues to increase, but the number of transactions it can support per second remains the same, then those who want to use the system will be locked in a fee competition. High mining fees have high priority. You may think this is understandable, but in fact, it does great harm to the security of the Bitcoin network. Bitcoin miners now dig out 20 million US dollars of Bitcoin every day. With each halving, the block rewards are getting smaller and smaller, and the majority of the miners' income gradually turns to handling fees. By around 2040, 90% of miners’ income will come from transaction fees. There are 1440 minutes in a day and 144 blocks in total. One block carries approximately 4,200 transactions, and the total number of transactions per day is 605,000. A simple calculation, dividing $20 million by $605,000, the average handling fee per transaction is $33. In fact, it is hard to imagine that everyone will still use such a system, the handling fee is too expensive. So, what did kaspa do? Kaspa has made corresponding improvements to address the pain points of Bitcoin. The average fee per transaction is too high, so if you increase the number of transactions per second and exchange volume for price, miners can still earn an equal amount of handling fees, which will be shared among more users. It takes ten minutes to confirm? Then speed up the block generation. Kaspa now produces one block per second, which is 600 times faster than Bitcoin. If you have no idea, you should use Kaspa to transfer money. It will be upgraded to 10 blocks per second within six months. At this time, you may ask, Bitcoin can prevent double spending, and 50% of the honest computing power can protect the main network. Can you do it with Kaspa?The answer is, absolutely yes. Kaspa is built entirely based on the Satoshi Nakamoto consensus. To put it simply, I have everything you have in Bitcoin, and I still have everything you don’t have in Bitcoin. Since the block generation time is much shorter than the Bitcoin block generation time, small computing power mining pools can also obtain rewards with close to 100% luck value, which means that the Kaspa network is more decentralized than the Bitcoin network. The same security, the same POW (rather than POS where the rich get richer), a higher degree of decentralization, a more sustainable transaction rate mechanism, and the supply is all hard-coded. At this time, you may still want to use Bitcoin to store value, because everyone is doing this. You need to ask yourself, have you read Kaspa’s white paper? Will anyone still use the system with a minimum transaction fee of $33 in 2040? The most critical question is, will Satoshi Nakamoto support Bitcoin or Kaspa more? Did he realize the shortcomings of Bitcoin and help the Kaspa team or even be on the team? I think people who have read the Kaspa paper and the Bitcoin white paper should be able to clearly understand what I mean. By 2036, 99.9% of $kas will be in circulation, and by 2036, 99% of $btc will be in circulation. Their first (last) contact will be around December 2025, and the two have approximately 93% circulation. After this, the stock-to-production ratio of $kas is better than $btc. Similarities between emissions, genesis blocks, writing styles, and more. , vaguely revealed a message. Smart you, tell me, who is Satoshi Nakamoto? ^_^By presenting $Kas as digital silver, you are unknowingly promoting 50% of it, the soul of the medium of exchange, while ignoring the fact that#Kaspais superior to BTC (so-called digital gold) in its own right , because its value is supported by more proof-of-work: $Kaspa does not generate orphan blocks, all proof-of-work is counted. When $BTC generates a fork block, some POW is always discarded. If there are people who like#BTCbut don’t like#KAS𐤊 , then I don’t believe it. Either he is pretending that he likes $BTC and he has never read the Bitcoin white paper. Or he hasn't read the two core papers of $KAS.