The Two Bitcoins Dominating the Crypto World!

Jamen Mendes
Coinmonks

--

Bitcoin I is up 17% having just crossed the $50,000 mark today! Bitcoin II is up 44% during the past 7 days!

Art by the Author, using Leonardo.Ai

I am speaking of XBT (i.e. Bitcoin I) and Kaspa (i.e. Bitcoin II), respectively.

The Two Bitcoins
There are two Bitcoins competing for the global blockchain monetary system! Most people are familiar with the first Bitcoin: XBT or BTC, created in 2009 by Satoshi Nakamoto.

Image, courtesy of Kaspa.org

The world has yet to be aware of the second Bitcoin — Kaspa or $KAS!
Kaspa is based on the same original Bitcoin code issued by Satoshi. However, unlike Bitcoin, which runs on a linear Blockchain model, Kaspa is “structured as a revolutionary blockDAG. Kaspa’s consensus layer uses GhostDAG, a proof-of-work consensus protocol that generalizes Nakamoto’s chain into a directed acyclic graph of blocks ( blockDAG).”

According to Kaspa.org,Kaspa was designed to be hundreds of times faster than Bitcoin, with each Kaspa Transaction visible to the network in one second, and each transaction fully confirmed in 10 seconds on average.” In essence, Kaspa is faster and more secure than Bitcoin! It is an…

--

--

Jamen Mendes
Coinmonks

Author, Musician, Metaphysician, and Artist. I write about Crypto, Spirituality, Consciousness, Art, and Reality. https://jamenmendes.medium.com/membership