Kaspa

2024

Nano

April

<p>After a few years, Kaspa (KAS) finally started trending on social media and building up a wide community. In 2024, Kaspa is an outlier project, and new buyers are focusing on meme tokens, ordinals, and other complex assets. Instead, Kaspa wants to take things back to basics by creating a new basic blockchain with extremely high transaction capacity.</p>
<p>Kaspa is unique because it uses a Directed Acyclic Graph (DAG) technology, where every user acts as a node and shares transactions. This is not the first time that a DAG or graph-based blockchain architecture has appeared. Already functioning projects include Nano (NANO), formerly RAI Blocks, and Hedera. IOTA, an even older project, is also using DAG technology.</p>
<h2 class="wp-block-heading" id="kaspa-chose-fair-launch-and-organic-growth-gwmw-style-display-none-gwmw">Kaspa Chose Fair Launch and Organic Growth<gwmw style="display:none;"></gwmw></h2>
<p>The KAS token was fairly launched in 2021, with no pre-mine or team reward. Only through mining KAS accrued 23.4B tokens out of a maximum supply of 28.7B tokens. The limited supply follows the ethos of Bitcoin, where the coin can turn deflationary in the future and increase its value.</p>
<p>The other growth vector for Kaspa is transaction speed. Kaspa wants to make transactions as fast as the internet, so anyone with a fast connection can handle many transactions.</p>
<p>The Kaspa network is just building up its decentralization, with&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://nodes.kaspa.ws/%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1714389407885413%26amp;usg%3DAOvVaw0_AKg2jiUC0slAViet7uCR&amp;sa=D&amp;source=docs&amp;ust=1714389407891878&amp;usg=AOvVaw27xAJUzhIY_-j_kDkONcw6" rel="noopener noreferrer nofollow" target="_blank">262 active nodes</a>. To compare, the Bitcoin network has grown to more than 12K nodes. However, Kaspa is decentralized compared to the Hedera network, which relies on 31 named and known nodes. Kaspa can include anyone willing to run a node and grow the network organically.</p>
<h2 class="wp-block-heading" id="kaspa-team-behind-key-dag-and-privacy-technologies-gwmw-style-display-none-gwmw">Kaspa Team Behind Key DAG and Privacy Technologies<gwmw style="display:none;"></gwmw></h2>
<p>The Kaspa project has a fully doxxed&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://cryptorank.io/price/kaspa/team%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1714389407885821%26amp;usg%3DAOvVaw2n-hXKkQObqnBkBSYO27Sm&amp;sa=D&amp;source=docs&amp;ust=1714389407892093&amp;usg=AOvVaw2UrCSFG2uSR6sdW7N-wqWw" rel="noopener noreferrer nofollow" target="_blank">team</a>, which is also behind several technological developments used in other high-profile blockchains.</p>
<p>Zohar Aviv, co-founder and lead developer, is behind the SPECTRE protocol, which can be re-used on other blockchains.</p>
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   <p lang="en" dir="ltr">Andre Cronje, <a href="https://twitter.com/hashtag/fantom?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">#fantom</a>,<br>writing about the protocols preceding <a href="https://twitter.com/hashtag/kaspa?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">#kaspa</a>, SPECTRE/GHOSTDAG/PHANTOM<br><br>you’ll find the <a href="https://twitter.com/search?q=%24kas&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$kas</a> founder in <a href="https://twitter.com/search?q=%24ftm&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$ftm</a> whitepapers<br><br>he also invented GHOST which <a href="https://twitter.com/search?q=%24eth&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$eth</a> &amp; <a href="https://twitter.com/search?q=%24dot&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$dot</a> base their consensus on<br><br>check <a href="https://twitter.com/search?q=%24kas&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$kas</a> <a href="https://twitter.com/KaspaCurrency?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">@KaspaCurrency</a><a href="https://twitter.com/search?q=%24rune&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$rune</a> <a href="https://twitter.com/search?q=%24sol&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$sol</a> <a href="https://twitter.com/search?q=%24xlm&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$xlm</a> <a href="https://twitter.com/search?q=%24inj&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$inj</a> <a href="https://twitter.com/search?q=%24link&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$link</a> <a href="https://twitter.com/search?q=%24vet&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$vet</a> <a href="https://twitter.com/search?q=%24qnt&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$qnt</a> <a href="https://twitter.com/search?q=%24egld&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$egld</a> <a href="https://t.co/etxbkMEgdq" rel="noopener noreferrer nofollow" target="_blank">https://t.co/etxbkMEgdq</a> <a href="https://t.co/cyTbjux4c6" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/cyTbjux4c6</a></p>— Captain Sats 𐤊 (@plzsats) <a href="https://twitter.com/plzsats/status/1784848434891030708?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 29, 2024</a>
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<p>Kaspa itself does not offer immediate privacy and anonymity, but instead focuses on decentralization and turning into another reputable blue-chip token.</p>
<h2 class="wp-block-heading" id="will-kas-continue-the-bullish-trend-gwmw-style-display-none-gwmw">Will KAS Continue the Bullish Trend<gwmw style="display:none;"></gwmw></h2>
<p>KAS gradually climbed from prices of $0.00018 to a peak at $0.20 in March. Since then, KAS has retreated to $0.11 and stabilized around that level. The token has fallen along with other altcoins for another period of accumulation and consolidation.</p>
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<p>Short-term analysis shows KAS may be ready for a breakout soon, if it completes the immediate chart patterns in the next days.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$KAS</a> with a mega move whilst going over a live charting session, love to see it 🫶. <a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$KAS</a> with the possibility now of setting up a cup and handle type set up which I feel will move independently away from the market as <a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$KAS</a> often does. <br><br>Next 24-48 hours should be a good watch… <a href="https://t.co/wN6ocsJonn" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/wN6ocsJonn</a></p>— DavideCrypto (@CryptoDavide33) <a href="https://twitter.com/CryptoDavide33/status/1784664747532525726?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 28, 2024</a>
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<p>In the long term, KAS aims for growth as a payment coin, as well as a high-profile project with a strong social media community. Exposure is setting price expectations for KAS, with the potential for a $0.50 price in Q3.</p>
<h2 class="wp-block-heading" id="kas-prepares-for-dag-based-tokens-gwmw-style-display-none-gwmw">KAS Prepares for DAG-Based Tokens<gwmw style="display:none;"></gwmw></h2>
<p>Kaspa will not stop at building simple payment coins for high-speed transactions. Instead, it will offer its own standard of tokenization, opening the door to side projects and value inflows.</p>
<p>Currently, Kaspa is testing the capabilities of Rust as its main smart contract and tokenization language. The goal is to make token transfers at the speed of the Internet, bringing another potential Web3 platform.</p>
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   <p lang="en" dir="ltr">To date, not a single significant bug/issue was reported for <a href="https://twitter.com/hashtag/Kaspa?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">#Kaspa</a> on rust mainnet RC</p>— Michael Sutton (@MichaelSuttonIL) <a href="https://twitter.com/MichaelSuttonIL/status/1784600893511336296?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 28, 2024</a>
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<p>Integrating Rust will be the main task for the Kaspa team, potentially boosting interest in the project during the summer months.</p>
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   <p lang="en" dir="ltr">The upcoming catalysts for Kaspa <a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$KAS</a> that could teleport it to ~$0.5 by August.<br>Here's an overview:👇<br><br>1. The integration of the Rust programming language (~20% as of writing) into the mainnet is a significant development. Rust is known for its safety and performance, which… <a href="https://t.co/9aa0ES8BG8" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/9aa0ES8BG8</a></p>— 𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐫𝐨𝐬𝐞𝐥𝐲𝐭𝐞 (@Crypt0Proselyte) <a href="https://twitter.com/Crypt0Proselyte/status/1783741327491944807?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 26, 2024</a>
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<p>The Rust integration also aims to coincide with the maximum network speed, producing 10 blocks each second.</p>
<h2 class="wp-block-heading" id="what-are-the-risks-of-kaspa-gwmw-style-display-none-gwmw">What are the Risks of Kaspa<gwmw style="display:none;"></gwmw></h2>
<p>So far, Kaspa has not reported any significant bugs or exploits. The KAS token is a mined coin, so it may be affected by selling pressure from miners. However, the selling pressure may diminish after May 6, when the reward will be lowered once again.</p>
<p>KAS tokens also have unknown wallet risks. The project offers native wallets with web-based, desktop, or hardware wallet versions. Third-party wallets like Zelcore, Tangem, and OneKey also support KAS, and the Kaspa team is not responsible for any flaws or exploits in these wallets.</p>
<p>Regarding market price, KAS is close to its all-time high but is also extremely volatile. As a newly trending token, KAS may lead new buyers to significant losses.</p>
<p>Even with all systems working, Kaspa has yet to attract tokens and Web3 activity. The network may offer highly usable technology that remains idle as interest in Web3 wanes again.</p>

Kaspa (KAS) Sets Out to Become the Fastest Blockchain: Why is This Project Running Hot

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