Ethereum

Kaspa

Satoshi

Universe

<p>In a comprehensive research <a href="https://twitter.com/Altcoinist_com/status/1711774606393065564?t=u2Y44R1DoIuIeV6vtY4nVw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">conducted</a> by Altcoinist, the spotlight is cast upon Kaspa ($KAS), a cryptocurrency that is quietly carving its niche in the blockchain space, potentially positioning itself as a formidable contender to Ethereum ($ETH).</p>
<h2 class="wp-block-heading" id="strong-kaspa-a-technological-marvel-in-the-making-strong"><strong>Kaspa: A Technological Marvel in the Making</strong></h2>
<p>Kaspa emerges from a decade of meticulous research and development, spearheaded by the esteemed Yonatan Sompolinsky and Aviv Zohar. It’s not merely a cryptocurrency but a manifestation of advanced blockchain technology, aiming to elevate Nakamoto’s Proof-of-Work (PoW) algorithm by leveraging a blockDAG.</p>
<p>This technology not only accelerates the chain by over tenfold but also boasts a current speed that is 15 times faster than Ethereum. With further optimization, it aims to achieve approximately 100 blocks per second, as per hashdag.</p>
<h2 class="wp-block-heading" id="strong-a-fair-and-decentralized-launch-strong"><strong>A Fair and Decentralized Launch</strong></h2>
<p>Kaspa prides itself on its fair launch, mirroring Bitcoin ($BTC), and is devoid of pre-mining or ICO activities. Its decentralized and efficient emission schedule sets a stage where every participant is treated equitably.</p>
<p>As a PoW cryptocurrency, it distinguishes itself with a block generation speed of one block per second and has already achieved 10 blocks per second (3000+ TPS) on its testnet, with aspirations to reach 100 bps+ in the future, potentially making it the fastest decentralized PoW coin to ever exist.</p>
<h2 class="wp-block-heading" id="strong-embarking-on-satoshi-s-vision-strong"><strong>Embarking on Satoshi’s Vision</strong></h2>
<p>$KAS is seen as a true embodiment of Satoshi Nakamoto’s original vision for a Peer-To-Peer Electronic Cash System. It adeptly navigates through the limitations inherent in Bitcoin, offering enhanced transaction speed, scalability, and security.</p>
<p>In an era where trust in FIAT currencies is dwindling and the inclination towards financial sovereignty and individual empowerment is rising, Kaspa’s role as a P2P Stateless Electronic Cash could become paramount.</p>
<h2 class="wp-block-heading" id="strong-technological-prowess-and-innovations-strong"><strong>Technological Prowess and Innovations</strong></h2>
<p>$KAS’s technological might is deeply rooted in its innovative protocols. The GHOSTDAG protocol, an evolved version of the GHOST Protocol, amalgamates the security robustness of PoW with the operational efficiency of Proof of Stake (PoS).</p>
<p>This evolution is credited to Kaspa’s founders, who also conceptualized the original GHOST Protocol that $ETH presently utilizes (Kaspa cited in Ethereum Whitepaper in 2016), highlighting their substantial contribution to the blockchain technology landscape.</p>
<p>$KAS further propels forward with DAGKnight, which is a more secure and faster evolution of the already efficient GHOSTDAG, requiring fewer confirmations for security and scaling naturally with the progression of internet speeds, eliminating the need for hard forks.</p>
<ul>
 <li><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f47b.png" alt="👻" class="wp-smiley" style="height: 1em; max-height: 1em;"> <strong>GHOSTDAG Protocol:</strong> Merges the security of PoW with the efficiency of PoS, an evolution of Ethereum’s GHOST Protocol.</li>
 <li><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2694.png" alt="⚔" class="wp-smiley" style="height: 1em; max-height: 1em;"> <strong>DAGKnight:</strong> Adapts to internet speeds, requires fewer confirmations for security, and scales naturally, marking an advancement from GHOSTDAG.</li>
</ul>
<h2 class="wp-block-heading" id="strong-kaspa-and-rust-unlocking-a-universe-of-possibilities-strong"><strong>Kaspa and Rust: Unlocking a Universe of Possibilities</strong></h2>
<p>Kaspa’s amalgamation with the Rust programming language, which is touted as one of the best programming languages by Elon Musk, is a strategic move to unlock a universe of possibilities in application development. Rust, renowned for its performance, safety, and concurrency, acts as a catalyst for creating a diverse and dynamic ecosystem around Kaspa.</p>
<p>Rust’s application in blockchain has been exemplified by <a href="https://twitter.com/solana" target="_blank" rel="noopener noreferrer nofollow">Solana</a>, another prominent blockchain platform. $SOL has harnessed Rust’s capabilities to achieve remarkable transaction speeds, processing thousands of transactions per second.</p>
<p>In the context of $KAS, the integration with Rust opens doors to a thriving future ecosystem with a myriad of applications like:</p>
<ul>
 <li><strong>DeFi Applications:</strong> Rust’s efficiency and security features can lead to the development of faster and more secure decentralized finance applications on Kaspa.</li>
 <li><strong>Stablecoins:</strong> Kaspa, powered by Rust, can facilitate the creation and management of stablecoins with enhanced security and efficiency, offering a reliable medium of exchange and store of value within the ecosystem.</li>
 <li><strong>Blockchain Gaming:</strong> With Rust, Kaspa can host complex, resource-intensive games, offering a responsive and secure gaming experience.</li>
 <li><strong>NFT Revolution:</strong> The minting, trading, and management of NFTs can be significantly enhanced, making Kaspa a preferred platform for NFT enthusiasts.</li>
</ul>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-1024x1024.png" alt="" class="wp-image-353450" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-1024x1024.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-300x300.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-150x150.png 150w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-768x768.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-1536x1536.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-2048x2048.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-100x100.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-350x350.png 350w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253-788x788.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-253.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="strong-visionary-founders-and-their-profound-impact-strong"><strong>Visionary Founders and Their Profound Impact</strong></h2>
<p>Yonatan Sompolinsky Hashdag has been a pivotal figure in the blockchain space, with his works being cited by industry giants like Vitalik Buterin (Ethereum) and Charles Hoskinson (<a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="Cardano" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Cardano</a>), and overall in more than 30+ whitepapers.</p>
<p>Aviv Zohar, another significant figure in blockchain and cryptocurrency research, amplifies Kaspa’s intellectual and innovative prowess. Their low-profile nature ensures that the true potential of $KAS is often unveiled through profound research rather than mainstream exposure.</p>
<h2 class="wp-block-heading" id="strong-why-kaspa-could-be-undervalued-strong"><strong>Why Kaspa Could Be Undervalued</strong></h2>
<ul>
 <li><strong>GHOSTDAG Protocol:</strong> Combines the robust security of Proof of Work (PoW) with the efficiency of Proof of Stake (PoS), offering enhanced transaction speed and scalability.</li>
 <li><strong>DAGKnight Evolution:</strong> A consensus model that adapts to internet speeds, requires fewer confirmations for security, and scales naturally without the need for hard forks.</li>
 <li><strong>Rust Integration:</strong> Kaspa’s adoption of the Rust programming language ensures high performance, safety, and concurrency, enabling the development of a diverse range of applications.</li>
 <li><strong>Unparalleled Speed:</strong> As a PoW cryptocurrency, Kaspa boasts an exceptional block generation speed, aiming to become the fastest decentralized PoW coin.</li>
 <li><strong>Fair Launch:</strong> Kaspa’s launch, free from pre-mine or ICO, ensures an unbiased and equitable start for all participants, aligning with the ethos of decentralization.</li>
 <li><strong>Enhanced Security:</strong> The meticulous design of protocols like GHOSTDAG and DAGKnight ensures the network’s integrity, offering resistance to 50% attacks and other security threats.</li>
 <li><strong>Future-Proof Technology:</strong> Kaspa’s continuous innovation and adaptability position it as a resilient and future-ready blockchain technology.</li>
</ul>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="420" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-1024x420.png" alt="" class="wp-image-353442" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-1024x420.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-300x123.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-768x315.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-1536x630.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-2048x840.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-366x150.png 366w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-100x41.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-853x350.png 853w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252-788x323.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-252.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="strong-kas-tokenomics-strong"><strong>KAS Tokenomics</strong></h2>
<p>Circulating Supply: 21.03B KAS (73%) <br>Max Supply: 28.7B KAS</p>
<p>Fair-launched in November of 2021 with no pre-mine, zero pre-sales, and no coin allocations; Kaspa is 100% decentralized, open-source, and community-managed. The max supply of Kaspa is 28.7 Billion coins with an emission schedule that halves once per year via smooth monthly reductions by a factor of (1/2)^(1/12).</p>
<p>Kaspa’s rapid emission schedule and unique algorithm ensured a fair coin distribution, favoring ordinary CPU/GPU miners over ASIC operations for the first 18 months.</p>
<p>Kaspa shows promise on paper but must prove itself in real-world conditions at scale. Ethereum has years of dominance that won’t be displaced overnight.</p>
<p>However, Kaspa represents a technically robust contender if Ethereum’s overhaul experiences hiccups. Crypto history shows network effects can shift between protocols over time.</p>
<p>For Ethereum, smooth technical execution without delay is critical to fend off rising “Ethereum killers.” Kaspa appears well-positioned to capitalize on any missteps and offer a faster, more efficient alternative.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/how-kaspas-superior-technology-could-dethrone-ethereum/">How Kaspa’s Superior Technology Could Dethrone Ethereum</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

How Kaspa’s Superior Technology Could Dethrone Ethereum

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