Why Traders are Growing Bullish on Scaling-Focused Kaspa – Expert

While ultra-fast 1 second block times have ignited interest in Kaspa (KAS), traders like Cryptographur argue speed alone doesn’t fully capture its investment appeal. The network’s fair launch and scaling roadmap around smart contracts also make it compelling.

Unlike many crypto projects rushed to market, Kaspa prioritized fair distribution through 18 months of CPU/GPU mining before ASICs could dominate. This allowed ordinary miners to acquire a decent share of the rapid 4-year supply emission schedule.

With no premine or ICO, the wide circulation helped drive an active community – now further energized by Kaspa’s focus on scaling without compromising decentralization.

As a Bitcoin spin-off, Kaspa retains a similar security model but with optimizations like ghostDAG to achieve Visa-like throughput. With smart contracts slated for release soon, Kaspa aims to become a fully scalable, decentralized economy.

Some speculate this combination of security, scalability, and fair distribution may have solved crypto’s impossible trilemma. While time will vet those claims, Kaspa does appear to meaningfully push scaling boundaries.

Rising network hashrate also underscores growing engagement around the project. Kaspa recently hit new all-time high mining power, nearing 40 PH/s.

Of course, execution risks remain around rolling out smart contracts smoothly. But Kaspa’s blend of technical merits and community ethos make it intriguing as both a scalable currency and potential smart contract platform.

With a current sub-$100M market cap, speculative traders see an asymmetric risk-reward in gaining exposure now before widespread recognition. Savvy investors know identifying overlooked gems early means profiting before confirmation of success.

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Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency

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