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<p>Jim, known by his Twitter handle @Cryptographur, <a href="https://twitter.com/Cryptographur/status/1735285234378174928?s=20" target="_blank" rel="noopener noreferrer nofollow">outlines several factors</a> that make him “so bullish” on the cryptocurrency KAS in a recent post. He begins by highlighting KAS’s groundbreaking proof-of-work system running at 1 block per second, explaining how this makes it a serious contender to fulfill Satoshi Nakamoto’s original vision for Bitcoin.</p>
<h2 class="wp-block-heading" id="achieving-digital-cash">Achieving Digital Cash</h2>
<p>As Jim notes, Nakamoto’s intention was for Bitcoin to function as peer-to-peer digital cash – fast, scalable, and immune to inflation. However, he argues Bitcoin has failed to achieve this, lacking the speed and scalability required for a payment system. This leaves the door open for an alternative to emerge, and Jim believes KAS fits the bill.</p>
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<p>At 1 block per second already, KAS has sufficient scalability for a payment network. Moreover, the development team plans to increase this 10x in the future to 10 blocks per second. Such high throughput is essential for digital cash, allowing near-instant transactions critical for point-of-sale payments.</p>
<h2 class="wp-block-heading" id="tackling-the-trilemma">Tackling the Trilemma</h2>
<p>Jim also touches on the blockchain trilemma – the difficulty of achieving decentralization, security, and scalability simultaneously. Most projects sacrifice one area, but he suggests KAS has managed to effectively tackle all three.</p>
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<p>By reaching 1 block per second on proof-of-work, KAS has achieved far greater scalability than Bitcoin without compromising decentralization or security. As Jim notes, <em>“it’s quietly becoming known that $KAS has solved [the trilemma]”</em>.</p>
<h2 class="wp-block-heading" id="long-term-potential">Long-Term Potential</h2>
<p>While speed and scalability make KAS well-positioned as digital cash presently, Jim is most excited about its future potential. Upcoming plans for smart contracts could enable stablecoins on KAS’s base layer, providing a practical cryptocurrency for spending day-to-day.</p>
<p>Jim closes by emphasizing that the KAS network represents over 10 years of research into scaling Bitcoin. As he puts it, <em>“My opinion is that $KAS is a once in a decade opportunity, just like #BTC was”</em>. For him, the opportunity is too significant to miss – <em>“I personally don’t care about accumulating anything else”</em></p>
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<p>The post <a href="https://captainaltcoin.com/analyst-explains-the-once-in-a-decade-opportunities-that-make-him-bullish-on-kas/" rel="noopener noreferrer nofollow">Kaspa Analyst Explains the Once-in-a-Decade Opportunities that Make Him Bullish on KAS</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa Analyst Explains the Once-in-a-Decade Opportunities that Make Him Bullish on KAS

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