Pi Network has seen a lot of attention following its launch, and many are also joining the ecosystem as it is seeing recognition from some notable exchanges and figures.
Amid all this, an analyst who goes by the name Saint on X gives some reasons why Kaspa could still have some major advantages over the Pi token. The following paragraphs will explain the analyst’s reasons for this stance.
100% Community Driven
Kaspa truly belongs to its community. Unlike many cryptocurrencies like PI that start with pre-mining, venture capital funding, or ICOs, Kaspa began with everyone on equal footing. No one got special access or better deals before the public.
This KAS fair launch means the coins are distributed more evenly among users rather than concentrated in the hands of early investors or developers. When everyone has the same opportunity from day one, it creates a stronger, more dedicated community focused on long-term success.
Fair Launch with Proof-of-Work Consensus
How a cryptocurrency launches matters a lot. Kaspa uses a proof-of-work system, which means new coins are created through mining. This approach ensures that tokens are earned through actual work rather than just handed out.
The mining process spreads control across many different computers worldwide. This decentralization is crucial because it prevents any single person or group from having too much power over the network. When power is distributed, the system becomes more secure and resistant to manipulation.
Superior Transaction Speed
One of Kaspa’s biggest advantages is how quickly it processes transactions. Thanks to its innovative blockDAG technology, Kaspa can handle transactions much faster than many traditional blockchain networks.
This speed comes from Kaspa’s ability to process multiple blocks at the same time, rather than one after another like Bitcoin does. The result is nearly instant transaction confirmations, making Kaspa practical for everyday purchases where waiting isn’t an option.
Minimal Transaction Fees and High Scalability
Nobody wants to pay high fees just to use their money. Kaspa keeps transaction costs very low, which means you can send small amounts without losing a significant portion to fees.
Just as important is how well Kaspa can grow. Many cryptocurrencies slow down or become more expensive as more people use them. Kaspa’s design allows it to handle an increasing number of users while maintaining its speed and low costs. This scalability is essential for any cryptocurrency hoping to reach mainstream use.
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Smart Contracts on the Horizon
While Kaspa currently works primarily as a currency, it plans to add smart contract capabilities soon. This feature will allow for automated agreements and transactions without middlemen.
When implemented, smart contracts will expand what’s possible with Kaspa. Developers will be able to build applications, games, and financial services on the network. This will transform Kaspa from just a digital currency into a platform for innovation.
Digital Commodity Backed by Energy
Kaspa considers itself a digital commodity similar to Bitcoin. Its value comes partly from the real energy used in the mining process, giving it a connection to the physical world.
This commodity status matters because Kaspa doesn’t have a central issuer making promises about future performance. Instead, its value is based on its utility and the resources required to create it. This approach may help Kaspa avoid some regulatory issues that affect cryptocurrencies classified as securities.
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Sound Global Internet Money
Saint describes Kaspa as “sound global internet money,” and there’s truth to this claim. By combining speed, low fees, true decentralization, and fair distribution, Kaspa meets many requirements for effective digital money.
In today’s connected world, we need money that works the same for everyone regardless of location. Kaspa offers this with transactions that settle quickly and cheaply across borders. Its design prioritizes the qualities most important for a global currency: accessibility, efficiency, fairness, and security.
According to Saint, Kaspa’s fundamental strengths give it potential not just against PI Coin but in the broader digital currency landscape.
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