I've put my foot in the door. Just in case all finfluencers are right and Kaspa is the better Bitcoin.
•
22
•
@Mh391 Spoiler: it's not🙃
•
88
•
5Mon
@Mh391 I don't think kaspa can replace bitcoin, but I think kaspa is an exciting project and I hold kaspa myself
About kaspa:
BlockDAG instead of blockchain: Instead of only one block being created every 10 minutes (as with bitcoin), kaspa allows several blocks to be created simultaneously and linked together in a graph.
Very fast blocks: Kaspa currently creates 1 block per second
(Bitcoin: 1 block per ~10 minutes).
I like ☝️☝️☝️☝️☝️
About kaspa:
BlockDAG instead of blockchain: Instead of only one block being created every 10 minutes (as with bitcoin), kaspa allows several blocks to be created simultaneously and linked together in a graph.
Very fast blocks: Kaspa currently creates 1 block per second
(Bitcoin: 1 block per ~10 minutes).
I like ☝️☝️☝️☝️☝️
•
22
•@obito93 Kaspa will 1. never be able to hold its own against Bitcoin because of Bitcoin's network effects (Bitcoin has far too big a lead that another protocol, even if it were better, would not be able to catch up) and 2. Kaspa tends towards centralization. Due to the high block rate, there are high demands on bandwidth and storage space - and the trend is rising.
Only a few can afford a fully-fledged node - if the network scales up, nodes can only be operated in data centers. And these data centers then control the network.
Only a few can afford a fully-fledged node - if the network scales up, nodes can only be operated in data centers. And these data centers then control the network.
•
22
•5Mon
@stefan_21 I agree with you
But trzmd in itself is the
project is good
Kaspa is actively working on optimizing the storage and bandwidth load (e.g. through pruning and more efficient protocols).
Who knows how the development will go
And as I said kaspa will never replace bitcoin because bitcoin is simply the mother of coins ☝️
But trzmd in itself is the
project is good
Kaspa is actively working on optimizing the storage and bandwidth load (e.g. through pruning and more efficient protocols).
Who knows how the development will go
And as I said kaspa will never replace bitcoin because bitcoin is simply the mother of coins ☝️
•
22
•@obito93 yes, only that with pruning the entire history is not stored and you have to trust large nodes from data centers again😅
I also think that Kaspa is a cool technology, but it simply cannot and will not be able to compete with Bitcoin :)
I also think that Kaspa is a cool technology, but it simply cannot and will not be able to compete with Bitcoin :)
•
11
•
@Mh391 Nobody is saying that it will be the new BITCOIN. It is supposed to be a supplement to Bitcoin.
•
33
•