$KAS (-1,43%) I've read a lot of comments and questions about Kaspa here. So here is an overview of why Kaspa is something very special. Kaspa is the silver, Bitcoin is the gold.
Kaspa is not just any coin, like all the others. I am aware that there is a lot of wild stuff in the crypto space and basically everything and everyone calls themselves the 'next Bitcoin'. It's not for nothing that the term 'shitcoin' exists.
Kaspa is special because it is technically a fundamental further development of blockchain technology - the so-called BlockDAG.
No pre-mining. No VCs. No company behind it. Kaspa is the only cryptocurrency after Bitcoin that is actually decentralized. You'd think that's exactly what makes crypto so special: the elimination of the middleman, the bank. Independence. But that's not the case. Kaspa is just as independent as Bitcoin.
Kaspa solves the trilemma
Kaspa also solves the so-called trilemma problem. This is the problem of scalability, decentralization and security. One of the three always gets the short end of the stick. Bitcoin is very secure and decentralized, but not scalable. This is why Bitcoin is not an L1-capable means of payment - it is too slow to validate (approx. 10 minutes) and too expensive. Kaspa uses the Proof-of-Work (PoW) Crescendo, like Bitcoin, but is 6,000x faster, therefore cheaper and - attention - manages this without sacrificing decentralization or security. This is technologically unique and made possible for the first time by the GHostDAG protocol. Now DAGKnight is coming soon, another new innovation.
Max Supply & Rapid Emission Schedule
Kaspa is the perfect money. It has a Rapid Emission Schedule, also a learning after Bitcoin -> 89% #kas have already been created, and the block reward is reduced monthly, not every four years as with Bitcoin. This has the advantage that inflation is transparent and predictable. There are no VCs and no vesting plans. Oh yes, Kaspa is also limited, max supply 28.7 billion - also a learning from Bitcoin. In addition to its speed, Bitcoin is also impractical because of the price of 1 BTC or who of you could tell me off the top of their head how much #btc a coffee costs(?)... One '0' too little and you've bought a pretty expensive coffee...
Kaspa is the means of payment of the future.
It is designed to be practical in everything, super fast (<1 second validation!), with the same security, decentralization, supply limitation, rapid emission schedule (independence from individual large holders) and much more.
Kaspa is among the top 50 without even being listed on a major exchange. You just can't do KYC if there is no owner...
I can recommend everyone to read more about it. Kaspa inspires me through and through. I've been a miner myself for over a year and am constantly expanding my mining network professionally. At the same time, I hold >100,000 #KAS 🐬 and am an active supporter and operator of my own network nodes.
By the way, this is BlockDAG. "Chain" was yesterday... :-)
Cheers!
