🔶 1st basic idea: Kaspa wants to be the "scalable Bitcoin"
Kaspa was developed by Yonatan Sompolinsky, one of the researchers behind the GHOST protocol (which is even mentioned in the Ethereum whitepaper).
The goal: retain Bitcoin principles but modernize them technically to enable true on-chain scaling.
⚙️ 2. Technological basis
Feature Bitcoin Kaspa
Block structure linear blockchain | Block DAG
Block time ~10min 1sec.
Transaction Approx. 7 100
per second (potentially 1000+)
Finality Approx. 60 min. seconds
➤ What is a BlockDAG?
Instead of just adding one block at a time to the chain (like Bitcoin), Kaspa allows multiple blocks at the same time, arranged in a directed acyclic graph (DAG).
This allows the network to process blocks much faster without sacrificing security.
🔐 3rd philosophy: "Fair Launch & Proof of Work"
Like Bitcoin had Kaspa:
- No pre-mine
- No ICO
- No venture capital investment
- Decentralized, open start
This makes it very different from many modern projects that start via seed rounds and token distributions.
Kaspa therefore remains true to the original Cypherpunk idea.
⚡ 4 Advantages over Bitcoin
✅ Faster transactions: 1 second block time, almost instant finality
✅ High scalability: BlockDAG enables multiple parallel blocks
✅ Fair start: no pre-mine, no insider distribution
✅ Pure PoW philosophy: No proof of stake - same "security logic" as Bitcoin
✅ Active further development: Kaspa Core is being actively improved (e.g. UTXO compression, smart contract layer planned)
🧱 5. points of criticism / counterarguments
❌ Still low acceptance: Bitcoin has a 15-year head start, infrastructure, institutions, ETFs etc.
❌ Mining centralization: faster blocks → potentially higher requirements for nodes
❌ Lack of "store of value" status: BTC is "digital gold", Kaspa must first prove that it is similarly trustworthy
❌ Inflation curve: initially high issuance, which can create short-term selling pressure
💡 6. why many say: "Kaspa is the new Bitcoin"
- Same ideological DNA (PoW, fair, decentralized, no pre-mine)
- Technically more advanced (BlockDAG, scaling without layer 2)
- Still early in the cycle (low market cap → "Bitcoin 2011" feeling)
- Community-driven, not VC-driven
📊 7. conclusion
Kaspa is not "the new Bitcoin" in the sense of a replacement - but it is arguably the most modern evolution of the Bitcoin concept.
If Bitcoin is the "digital gold", Kaspa could become the "digital cash":
fast, secure, fair, PoW-based.

