What is Kaspa? And How BlockDAG Is Kaspa-Killer?

Kaspa has been in the market since November 2021, the crypto blockchain has garnered quite fame since then. Kaspa known as KAS, is built on the Bitcoin code and boasted to be the future of decentralised proof-of-work consensus mechanism. Is all this hype true? and does it have the potential they say it has? Let us find out in this article as we explore more about KAS.

Kaspa operates on the BlockDAG protocol. The technological innovation makes KAS different from traditional blockchain technology by allowing parallel transaction processing. Kaspa has since become a promising solution for the issues related to slow transaction times and network congestion, which have been troublesome for a lot of cryptos including Bitcoin.

Kaspa states to be a crypto emphasising security and decentralisation, core tenets that fall closely to the community’s broader ethos. By evolving on these points, KAS provides a highly robust and user-friendly platform for digital transactions. 

The tokenomics of Kaspa have been built paying attention to long-term sustainability. The coin has a total supply of 28 Billion KAS, the same as creating scarcity like Bitcoin. This limited supply with the Bitcoin halving event in April 2024, could boost the value of KAS over time.

A cut from the Kaspa mining rewards is dedicated to its development fund, which ensures ongoing project support. This strategy portrays the commitment of Kaspa to ongoing growth and innovation, which are two fundamental aspects of success in the crypto market. 

Going hand in hand with Bitcoin technology combined with its focus on growth, the coin has sparked great interest among the crypto community. Kaspa points out the limitations of Bitcoin, like speed and scalability, which make it an emerging competition in the market. In the world of digital currencies it is not only a cryptocurrency it is a technology that aims to provide faster, better and technologically advanced digital transactions. 

Kaspa is a layer-1 blockchain that is geared towards higher block rates and lower confirmation times using its GHOSTDAG protocol, which allows orphan blocks to exist simultaneously and stay within reach. Kaspa is the first ever blockDAG crypto that is developed on a robust proof of work mechanism with quick single-second block intervals. Kaspa is a community project that operates as an open-source, fair-launched and decentralised. 

To maximise its high performance and scalability, Kaspa supports smart contracts and decentralised financial applications on its network. Furthermore, Kaspa provides a secondary verification layer for any application that requires a secure and quick proof of execution or publication. BlockDAG goes a step further than Kaspa earning the title of Kaspa-Killer. The coin since then has gained the attention from investors and crypto-enthusiasts around the world.

BlockDAG operates on the proof-of-work (PoW) consensus mechanism and takes the blockchain scalability further by merging it with a Directed Acyclic Graph (DAG) structure. Moreover, the creators at BlockDAG are keen on beating the outdated sluggish performance of networks. Hence, as a solution, they have created the BDAG coin and its network; to surpass the slow process of the crypto market.

Built as a Layer 1 scaling solution, the network offers enhanced security combined with high operability allowing users to take benefit of seamless operations. The network’s ability to handle 10 transactions per second gives it the title of “Kaspa Killer”, while earning fame and confidence in its name among crypto enthusiasts. 

KAS coin currently stands at $0.14 in February 2024, Looking at the past performance of Kaspa, certain price predictions can be made for the coin for the upcoming time.

Kaspa price prediction 2024:For 2024, Kaspa could be seen hovering between $2.22 to $3.33, while the average price could be near $2.77.

Kaspa price prediction 2025: For 2025, the coin might fall back to $0.023 to $0.034 while maintaining an average price of $0.028.

Kaspa price prediction 2026: For 2026, the crypto might see a boost in value and move in between the value of $0.03 to $0.045 and the average price of KAS will fall to $0.038.

Kaspa price prediction 2027: For 2027, the price of Kaspa could be between $0.04 and $0.06 and the average price of KAS would fall to $0.05.

Kaspa price prediction 2028: For 2028, the price of Kaspa could lie anywhere between $0.053 to $0.079, and the average price will lie at $0.066.

Kaspa price prediction 2029: For 2029, the price of Kaspa might soar crossing the one decimal point towards $1 and moving between $0.07 to $0.1 the average price will be $0.087.

Kaspa price prediction 2030: For 2030, the price of KAS could lie between $0.092 to $0.13 moving near to the dollar one mark. The average price of KAS will come to $0.11. 

Kaspa price prediction 2031: For 2031, the price of Kaspa could be between $0.12 to $0.18 and the average price of KAS coin could be $0.15.

Kaspa price prediction 2032: For 2032, the price of Kaspa could be in the range of $0.16 to $0.24, and the average price of KAS coin will become $0.15.

Kaspa price prediction 2033: For 2033, the price of Kaspa could lie between $0.21 to $0.32 and the average of the KAS coin will become $0.26. 

Kaspa price prediction 2035: For 2035, the price of Kaspa will be in between $0.37 and $0.55 while the average will become $0.46.

Kaspa was developed to tackle the shortcomings of Bitcoin and soon gained popularity among users. KAS coin was able to deal with network congestion and provided a user-friendly transaction process. Looking at the performance of Kaspa since its launch in 2021, then we can make some Kaspa price predictions for the future which have been shared with average prices yearly.