Kaspa Is Better than Bitcoin? Is It an Overstatement?

Marco Johanning, a crypto expert, recently shared his bullish views on Kaspa ($KAS), a cryptocurrency that he believes outperforms Bitcoin in several key areas. Johanning’s thread provides valuable insights into why he thinks Kaspa is a game-changer in the crypto space.

Kaspa’s Unique Structure

According to Johanning, Kaspa is not just another blockchain; it employs a revolutionary blockDAG (Directed Acyclic Graph) structure. This makes it the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Unlike traditional blockchains that often have to compromise on either decentralization, security, or speed—commonly referred to as the “Blockchain Trilemma”—Kaspa’s blockDAG structure allows it to excel in all three aspects.

Alignment with Satoshi’s Principles

Johanning emphasizes that Kaspa adheres closely to the principles laid out by Satoshi Nakamoto, the pseudonymous creator of Bitcoin. These principles include:

  • Proof-of-Work (PoW) mining
  • UTXO-based isolated state
  • Deflationary monetary policy
  • No premining
  • No central control
Celebrate Dogecoin and Make Big Gains with Doge2014!

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +

Price Action (PA) and Market Availability

In terms of its price action, Johanning notes that Kaspa has been largely detached from the rest of the crypto market. He points out its all-time high during the FTX crash in November 2022 as evidence of its resilience. Initially, Kaspa was sold OTC via Discord for $200 per 1 million KAS, a fact that Johanning finds enviable.

He also mentions that while he wishes for the price to dip to the 2.5 cent range so he can accumulate more, he is prepared to buy at higher prices if the bullish structure holds.

Accessibility and Future Developments

Kaspa is available for purchase on multiple exchanges, and Johanning views the slow pace of its development in this area as a positive sign. He explains that major listings are expensive, and Kaspa, being fair-launched, doesn’t have the backing of large investors looking to make quick profits by dumping the coin.

Johanning also highlights upcoming features, such as the ability to secure KAS coins on Ledger hardware wallets. He directs interested parties to the Kaspa website for more information on wallet solutions.

Conclusion

Marco Johanning’s analysis paints a promising picture for Kaspa, from its innovative structure to its alignment with core crypto principles. His insights offer a compelling argument for why Kaspa could be a significant player in the crypto landscape.

For those interested in learning more, Johanning recommends visiting the Kaspa website for additional resources.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

CaptainAltcoin
Logo