With X (formerly Twitter) planning to enable peer-to-peer payments in 2024, crypto analysts have speculated on which blockchain projects are technically suited to power micropayments on the platform.
According to crypto analyst Jim Si ₿um, the innovative cryptocurrency Kaspa (KAS) has attributes that make it a promising choice. In a tweet, he stated:
“$KAS is exactly what @elonmusk has been waiting for the whole time—for payments on @X. It’s a proof-of-work, like $Doge, but running at 10 blocks per second…”
So what makes Kaspa well-suited for payments on X? As a proof-of-work cryptocurrency like Dogecoin, it offers the security of mining-based consensus. But unlike Dogecoin, Kaspa uses an innovative BlockDAG protocol to achieve speeds of up to 10 blocks per second, making payments instantaneous.
Kaspa’s architecture is designed to scale on-chain transaction capacity as internet speeds improve over time. This “future-proof” capability will allow it to handle a high volume of micropayments between X’s millions of daily active users.
Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
Sponsored
Show more +By leveraging Kaspa or a similar high-performance blockchain optimized for micropayments, X may be able to offer users instant, inexpensive cryptocurrency transactions with minimal impact on the platform’s environmentally friendly operations.
Of course, this remains speculative. But if Elon Musk wishes to realize his vision for a cryptocurrency-powered social media platform, integrating cutting-edge payment-focused blockchains could be the way to get there.
Check $RECQ Meme Coin
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
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.