Is Kaspa the New Bitcoin?
Kaspa Promises to outperform Bitcoin and become the “Silver” Crypto Currency!
Kaspa is promising a revolutionary change to the Bitcoin block! It is a new Crypto currency entirely based on the Bitcoin code, claiming to be the future of decentralized proof-of-work blockchain technology:
Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG — a digital ledger enabling parallel blocks and instant transaction confirmation — built on a robust proof-of-work engine with rapid single-second block intervals.
Built by industry pioneers, led by the people.
This is a bold statement, considering the global domination of Bitcoin as the leading crypto currency with a market cap of $680 Billion!
About Kaspa
Here is a summary of Kaspa’s core technology:
“Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine.” Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance…
