Kaspa

Satoshi

Bitcoin

Show

<p>Matthew Crats from Bitcoin University explores if<a href="https://coinmarketcap.com/currencies/kaspa/" target="_blank" rel="noopener noreferrer nofollow"> Kaspa (KAS)</a> could be the next Bitcoin in a YouTube video released some days ago. He provides a methodology to analyze cryptocurrencies, and he also believes such could work for Kaspa and any other crypto.&nbsp;</p>
<p>Kaspa is ranked 24th by market cap, positioned between ICP (Internet Computer) and Pepe. The blockchain implements a protocol called GhostDAG, a generalization of the Nakamoto consensus.</p>
<p>Unlike traditional blockchains, Kaspa’s blockDAG orders all blocks in parallel within consensus, allowing high block rates, instant transactions, and scalability without compromising security. The protocol is based on a paper by Kaspa’s founder, Yonatan Sionski.</p>
<p>Some of the advantages of Kaspa include that it was pre-mined and did not have any initial token allocation, unlike Ethereum and <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>. The crypto runs on a proof-of-work consensus mechanism and has a fixed maximum supply similar to Bitcoin.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Kaspa’s maximum supply is 28.7 billion coins, much higher than Bitcoin’s 21 million, making it appear cheaper per unit.</p>
<h3 class="wp-block-heading" id="strong-concerns-about-kaspa-strong"><strong>Concerns about Kaspa</strong></h3>
<p>Despite all the advantages, the presenter raised some concerns about Kaspa. One of the issues is that the founder of Kaspa, Yonatan Sionski, actively tweets and also makes some controversial posts.</p>
<p>It has also been seen that the development team is predominantly Israeli, raising concerns about decentralization and potential bias. More so, the founder’s public stance on the Israel-Palestine conflict might deter certain user groups from using the blockchain.</p>
<p>Kaspa claims to solve the blockchain trilemma (security, scalability, and decentralization). However, Crats’ has a little different perspective on this. He thinks that if Kaspa succeeds globally, it may threaten decentralization due to the need for massive archival nodes.</p>
<p>However, for fairness, Crats assumes Kaspa’s GhostDAG is as effective as claimed.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ripple-extremely-bearish-with-major-price-sell-off-ahead-when-will-xrp-price-recover/" target="_blank" rel="noopener noreferrer nofollow">Ripple Extremely Bearish with Major Price Sell-Off Ahead: When Will XRP Price Recover?</a></em></strong></p>
<h3 class="wp-block-heading" id="strong-kaspa-vs-bitcoin-why-kas-is-not-the-next-btc-strong"><strong>Kaspa vs. Bitcoin: Why KAS is Not the Next BTC</strong></h3>
<p>Bitcoin has an anonymous and absent founder, Satoshi Nakamoto, and this provides neutrality and decentralized trust.</p>
<p>Kaspa’s faster issuance schedule (most coins mined by 2026) contrasts with Bitcoin’s slow, organic growth.</p>
<p>Bitcoin’s initial period began with a period of curiosity, which led to its organic global distribution and adoption. However, Kaspa is trying to accelerate this path.</p>
<p>The Kaspa community often asserts that Kaspa is not a competitor to Bitcoin but rather complements it, similar to the silver-to-gold analogy. Crats argues that all money competes, and Bitcoin’s established network effects and global integration make it a formidable opponent.</p>
<p>Bitcoin has proven its resilience over time, having been battle-tested and integrated into the global financial system. Kaspa, being newer and less tested, has not yet demonstrated the same level of resilience.</p>
<figure class="wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="Is Kaspa The Next Bitcoin?" width="840" height="473" src="https://www.youtube.com/embed/GodfG2hMMXs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>Kaspa, though innovative, faces challenges in competing with Bitcoin’s established dominance, network effects, and global brand. Bitcoin’s role in financial systems, geopolitical influence, and market cap make it a tough contender for any new cryptocurrency.</p>
<p>Crats suggests that while Kaspa might outperform Bitcoin in the short term, long-term trends favor Bitcoin.</p>
<p>While Kaspa introduces some technological innovations and has certain advantages, it faces significant challenges in competing with Bitcoin’s established dominance, network effects, and global trust.</p>
<p>Crats recommends focusing on Bitcoin due to its proven resilience and established position. He encourages viewers to hold BTC and avoid distractions from new cryptocurrencies promising to outperform Bitcoin.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/heres-why-kaspa-kas-is-not-the-next-bitcoin-btc/" rel="noopener noreferrer nofollow">Here’s Why Kaspa (KAS) Is Not the Next Bitcoin (BTC)</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here’s Why Kaspa (KAS) Is Not the Next Bitcoin (BTC)

Table of Contents

CaptainAltcoin

Other articles published on Jul 10, 2024

Join the Presale of Flokistars: Leading the Meme Coin Revolution with Unmatched Staking Rewards

Qubetics Whitelist Gains Followers as Ondo and SingularityNET Lose Community Support

MoonBag Price Draws Attention with Robust Referral Rewards as Brett and Celestia Struggle to Stay...

Bitcoin Mining to Boost UK’s Renewable Energy Grid

Fuk MT Gox Memecoin Skyrockets 190% and Will Rally Another 17,000% Ahead of KuCoin Listing

Circle's Euro Stablecoin EURC Now Available on Base Network

Join our free newsletter for daily crypto updates!