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KAS surged 922% YTD, driven by its blockchain’s ability to handle 10 transactions per second and the launch of its browser wallet, reaching an all-time high in September. The Kaspa blockchain, introduced in 2021 and launched in 2022, is a fresh addition to the crypto space that is already capturing the interest of crypto investors.
Kaspa is a proof-of-work (PoW) cryptocurrency that incorporates the GHOSTDAG protocol. Unlike conventional blockchains, GHOSTDAG doesn’t discard simultaneously created blocks but instead permits them to coexist and be ordered through consensus.
Kaspa’s blockchain is essentially a BlockDAG, differing from the typical sequential block addition of traditional blockchains. Instead, Kaspa’s BlockDAG allows for parallel block creation, resulting in significantly higher throughput.
With testing already showing transaction speeds of up to 32 blocks per second, Kaspa’s BlockDAG approach has the potential to scale blockchain technology for worldwide adoption.
Recently, Coinone, a crypto exchange located in South Korea, has introduced Kaspa to its spot market, paired with the South Korean Won (KRW).
This move is part of Kaspa’s ongoing efforts to expand its user base, and Coinone’s listing offers South Korean crypto investors direct access to $KAS with their local currency, potentially boosting trading volume.
Kaspa Partners with Tectum to Boost Adoption and Interest with Cutting-Edge Features
The Tectum blockchain has unveiled an exciting collaboration with Kaspa cryptocurrency, introducing a range of innovative features to $KAS users. Tectum recently announced its integration of Kaspa’s SoftNote system into its SoftNote ecosystem.
SoftNote, Tectum’s groundbreaking payment network, operates without fees, offering instant transactions while leveraging a Bitcoin node overlay. Through this integration, $KAS users can engage in anonymous, wallet-free, trustless transactions at speeds of up to 1.3 million transactions per second, as stated by Tectum.
Tectum also plans to enable $KAS minting, filling, sending, and burning directly through the SoftNote wallet, significantly expanding the utility of $KAS and unlocking fresh use cases using Tectum’s renowned payment network.
Huge Announcement!
🔹 We are integrating @KaspaCurrency SoftNote into the SoftNote ecosystem.
🔹 $KAS will transact anonymously, wallets-less, trust-less and at 1.3m transactions per second.
🔹 $KAS minting, filling, sending and burning on the SoftNote wallet coming soon! pic.twitter.com/2HELwIXWG8
— Tectum (@tectumsocial) October 26, 2023
This partnership represents a significant milestone for Kaspa’s ambitions to establish itself as a prominent blockchain for payments and smart contracts. For $KAS users, this collaboration means accelerated development and access to cutting-edge functionalities, harnessing Tectum’s innovative technology.
The integration with SoftNote marks a momentous step for the Kaspa ecosystem, potentially boosting adoption and interest in $KAS in the upcoming months, due to the advantages offered through SoftNote integration.
Kaspa Crypto Price Prediction
As of today, October 30th, the Kaspa is trading at $0.051, with a 24-hour trading volume of $9.89 million and a market cap of $1.10 billion. $KAS has gained 3.71% in the past seven days and held up well around its all-time high of $0.53. This suggests that a major breakout is imminent if the wider crypto market remains bullish.
In the meantime, $KAS is forecast to rise gradually, with a significant break above $0.05 possible within days, followed by another major surge next year.
For an in-depth Kaspa price prediction, watch the video provided above, and follow his YouTube channel for more crypto-related content. Jacob Bury also runs a Discord channel with 17,000 members where users can get trading tips and learn about the upcoming crypto presales.
Kaspa Eyes Next-Gen Blockchain Dominance with Bullish Trajectory
$KAS has been on a bullish trajectory since its fair launch in May 2022, outperforming the broader crypto markets. Kaspa’s primary objective, addressing scalability challenges hindering widespread blockchain adoption, could establish it as a frontrunner in the evolution of next-gen distributed ledger technology.
With the crypto markets gearing up for the next bullish phase, Kaspa seeks to advance the technological fundamentals of blockchain, complementing major cryptocurrencies.
The recent addition to prominent exchanges is anticipated to drive greater trading activity for $KAS and increase visibility for the project. Meanwhile, Bitcoin Minetrix, with its presale project and stake-to-mine capabilities, emerges as a potential alternative to Kaspa, offering a more high upside potential for investors.
Bitcoin Minetrix Presale Raises $2.7M, Attesting to Investor Interest in Stake-to-Mine Method
Bitcoin Minetrix is a standout player in the cloud mining industry, offering a unique ‘Stake-to-Mine’ method. Their native crypto, $BTCMTX, recently launched its presale, attracting significant investor interest by raising almost $2.7 million in just one month.
During the presale, $BTCMTX is available at a discounted rate of $0.0113 each. In contrast to traditional cloud mining methods, which have been susceptible to scams, Bitcoin Minetrix introduces ‘Stake-to-Mine.’ Users stake $BTCMTX tokens to earn ‘mining credits,’ ensuring a secure and scam-free experience.
#BitcoinMinetrix hits another major milestone! 🌟
Successfully raising more than $2,600,000. pic.twitter.com/hP6PLnjUcI
— Bitcoinminetrix (@bitcoinminetrix) October 30, 2023
If you decide to leave the platform, you have the flexibility to sell your $BTCMTX tokens without any locked-in contracts, retaining ownership. This approach to cloud mining also promotes environmental sustainability.
Bitcoin Minetrix sets a supply cap of 4 billion tokens, with a significant allocation for mining. 70% of the token supply allocated to fund platform development, marketing, and the acquisition of cloud mining facilities.
The platform aims to simplify the complex world of Bitcoin mining, making it accessible and secure for newcomers. With their $BTCMTX token, the project offers an efficient and straightforward path to earning income through Bitcoin via cloud mining.
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