Bitcoin Forum

Ever since Ethereum (ETH) switched to Proof of Stake, miners have scattered across equivalent blockchain networks using the good-old PoW algorithm. Ethereum Classic (ETC) is one of those networks that's often considered as the "original version of Ethereum". But there's a new "kid" in town that has recently surged in popularity. This new "kid" called "Kaspa" is as close to Bitcoin as possible in PoW dynamics. It's like having the "goodness" of both Bitcoin and Ethereum on one chain.

What do you think about Kaspa? Will it surpass ETC in hashrate? It is a better alternative than the real ETH? Or all the other way around? Is Kaspa's "rise to glory" nothing more than hype? Your input would be greatly appreciated. Thanks. :)

As much as KAS is getting more attention, I don't really know how well it will perform in the future, so I can't really predict its future. Between Kaspa and Ethereum Classic, I can't really tell which one is going to be better than the other.

I think you should make comparison with this website https://walletinvestor.com/compare/ethereum-classic-vs-kaspa to know which is probably better.

While Kaspa has shown significant upwards momentum during the recent days and it can potentially further gains in coming days and weeks, but I think it wouldn't be equitable to draw comparison between Kaspa with real Ethereum which is a leading, well established and recognized cryptocurrency with millions on dollars invested on its protocols. Ethereum classic (ETC) was formed in 2016, as a ideological and technical split between Ethereum community and its previous all time high (ATH) was around $127, it can demonstrate impressive performance in bullish market.

So what about LTC? I mean PoW.

To me whether ETC, Kaspa,... or any other part of altcoins with PoW are just diluting the market, we have Bitcoin.

However, there will be many opinions and strategic views on how to invest. In case the price increase season comes, both Kaspa and ETC will also receive six pumps, so I am not too inclined to which one will gain profit. Better profits, because they all have their own uses and ways of attracting attention.

I'm not even that familiar with Kaspa but my vote goes to that coin over Ethereum Classic. Does anyone really consider ETC as a serious investment? At least there's more potential in Kaspa so more hype around it. The only time ETC will start buzzing again is when there are news that it's been attacked or exploited hehe.

Though not mining myself, I'm bullish on Kaspa considering it's fundamentals. ETC is nothing much different than a protest to Ethereum, both of which are a heavy blockchain, firstly due to Ethereum decision of moving backwards in time to render the DAO hack useless. While the continuous chain of Ethereum named as Ethereum Classic continues till date. ETC also tried on the sidechain dapps and dex but are not successful. Kaspa on the other hand brings a fresh new blockchain with many promises. They too are yet to deliver visible results but the development has been promising.

Considering it's new and probably gonna be promoted by many I do think that it will surpass ETC hashrate someday. I'm not familiar on how PoW technicalities work but I think for a newer one it may have feature that probably way more advanced compare to the old ones that they may pitch. Moreover, I still think ETH is still on top of alternative coins, we will let see regarding Kaspa if it surpasses out expectations.

Well, I choose KASPA.

Did you hear or read a story someone are discussion (ETC) ? I don't think soo, I better gambling to (Kaspa) rather than to Ethereum Classic. The potential grow have more high chance bring more % on Kaspa rather than ETC.

However, people want really safe things (So, they choose ETC) instead.

Certainly, your choice of KASPA over ETC is understandable in the context of growth potential and comparatively lower price makes sense. It is an interesting choice as some investor have high appetitive of taking risk and less bother about price volatility and security of the project.

Ultimately, it is investor's choice to make decision according to his financial situation and risk tolerance level when making such choices.

ETC is pretty much done for. Kaspa is the new mining sensation and it's still quite new. I don't mine it but it's one of the prospects that I have that I shall hold before it finally takes off. Since 2022, the price of it had dramatically increased and that's why it's still unknown whether I should get it now or wait for some corrections to happen. So basically, the choice of the most here is going to be Kaspa and we don't like anymore ETC but if you're consistent and keeps on earning with ETC, that's nice and not a problem either.

ETC not really safe thing to invest remember 51% attack i don't think thats a good blockchain right there like you if i were to gamble i would gamble it with newer altcoin not to mention ETC is just a fork, these days i consider a fork to be just lazy, meanwhile the other blockchain are making their own brand, innovating further this ETC just fork.
but i don't know about how good kaspa is though, what I know is that this coin has gained popularity the price has increase thousand percent if not more.
i don't know, i just don't get a good feeling about investing in ETC after all if investing in ETC why not ETH instead i mean I know ETC is considered good for some people because PoW but honestly as an investor, does it really matter that much.

Competition in proof-of-work currencies is not limited to Bitcoin, but there are hard forks such as LTC or in memecoin such as dogecoin, all of which work on the principle of proof-of-work and may be useful in terms of future value, so Kaspa already has competitors in this field.
Ethereum's weakness is not in the proof-of-work algorithm, but in the transaction fees, which seem to be low in LTC, so we do not need to use alternatives.

You are absolutely correct that as Ethereum works on Proof of stake (POS) algorithm,  but it is not its weakness, it weakness lies in its high transaction fee which hopefully will be resolved after the network upgrade. However, despite this weakness, it remains widely accepted and recognized currency, second to Bitcoin. KASPA coin could be potentially good investment opportunity for long term.

Kaspa could be a good alternative to both bitcoin and ethereum if you are hoping to use it for everyday transactions because as we know bitcoin’s transaction fees are extremely high and ethereum sometimes even higher

However i would not say that kaspa can surpass ethereum especially bitcoin in terms of profit gains at least as of now or in the next five years or so ethereum and bitcoin might still develop or be able to do something with their high transaction fees which will just result to a better investment choice

This picture of real decentralization
https://defillama.com/chain/EthereumClassic
One DEX with a million dollars in liquidity and 7 shitcoins that are traded there. At any moment the liquidity can disappear and you will be left with a bunch of useless tokens.The ecosystem has stopped developing and there is nothing new there over the past few years.

No one is talking about ETC because it's an old Blockchain project. It's technically the same Ethereum (ETH) with a few minor modifications. Kaspa, on the other hand, is a new project with interesting PoW mechanics. This helps bring the attention of miners and mainstream investors looking to turn a profit with the next big thing in crypto.

While Kaspa has all of the attention, it's still not as secure and reliable as ETC is. We will need to wait some time before it can become a "force to reckon with". I'd prefer both coins just because they have lower fees than ETH. If I'm not mistaken, ETC is more profitable to mine than Kaspa with a GPU. But the tables could turn if the latter continues to grow in popularity. Who knows what the future holds for PoW-based ETH forks? :D

Kaspa will not surpass ETC hashrate and it will not and will never better than the real ETHEREUM. As of now no cryptocurrency from the altcoins family will pass Ethereum. Though it might surpass the Ethereum classic but not the real ETHEREUM. The Kaspa market price is still low $0.1025 and the main Ethereum is $2,265.60 while Ethereum classic is $19.62 so from mere looking at the market Kaspa is still far from any of the above mentioned.

And really people are not talking about ETC probably because the Block is not like before again or because of the price value but Ethereum is s on the mouth of many.

ETC has first mover advantage, so there's that. Kaspa is going to have a hard time trying to displace ETC from its current position on the market. Miners will ultimately choose the most profitable chain, leaving the other one behind in the dust. I believe ETC is currently the most profitable ETH-based chain to mine, despite the surging popularity of Kaspa. Still, the latter has potential of becoming a "force to reckon with". Lets hope it builds an ecosystem strong enough to challenge its rivals in the future.

With quite a few PoW ETH alternatives, we can say mining will never die. As long as decentralization is put first, nothing else matters. ;)

at this time people prefer POS type coins aka stake than mining coins aka pow. because pos coins are environmentally friendly because they do not use large amounts of electricity. as well as pow coins that use electrical energy to turn on the hardware used for mining coins. of course the electrical energy used is not environmentally friendly because the source of electricity uses fuel oil or coal.

Ever since ETH transferred to POS, ETH miners started mining ETC, so I don't think it was done. It's not only being talked about that much though. But even Kaspa too. In fact, it was only my first time hearing it. It's only surprising that the coin is already there since 2022, and if so, then maybe miners have checked it out already. If the price of it had increased, then good for it but not really for you if you are late for the party. You can only hope that the price will drop before you buy it, if you feel something special for it. But if it drops there may still be no guarantee that it can recover. What if the drop is only a sign of its permanent downfall?

People often prefer convenience, so it's not surprising most choose PoS instead of PoW. You can save a lot in energy costs staking coins than mining them. The latter (PoW) is just too competitive. You'd need to keep up with the miners by upgrading your rig every once in a while. That would keep you in the "profit zone". But this is very time consuming and has a slight learning curve. Therefore, PoW coins like ETC and Kaspa will remain a niche  for a very long time. The only exception would be Bitcoin because it's the one cryptocurrency that started this craze.

Despite the fact that both Kaspa and Ethereum Classic are very unpopular, they're still faster and cheaper alternatives than Ethereum (ETH). The only downside is these forks have a lower number of dApps than ETH. At least, people have many options to choose from. Who knows what will be the fate of Kaspa and Ethereum Classic? :)

Etherum Classic seem pumped yesterday and now is at the green candle but kaspa also a good coin I mean there is ASIC that dedicated for kaspa only I mean when there is ASIC on Pow usually the coin is really hype

so kaspa or ETC why not both right but I heard about ETC is going to upgrade is chain and it called The Spiral Network Upgrade will be activated on block 19,250,000, which is estimated to arrive January 31, 2024.

Glad to know development is still on-going for Ethereum Classic. Some say the chain will adopt a hybrid consensus mechanism (PoS + PoW) in the future. Whenever the rumors are true or not, are yet to be seen. I'd prefer ETC to remain a classical PoW coin forever. Kaspa is also an interesting competitor that can't be ignored. It has lower network load and a different approach to PoW. Not to mention, it's cheaper than ETC.

I love both chains because they're much more decentralized than ETH itself. The latter has become a playground for whales and the corporate sector. What more would you expect from a PoS coin? At least, we have plenty of options to choose from. Who knows how large will the ecosystems of ETC and KAS grow in the future? :D

Kaspa has been strong so far. Although I don't see smart contracts on it yet. Seems they are yet to implement that. Same as Ethereum Classic. So, I think the one with most  smart contract between KAS and EtC will be stronger with time although, I'm holding non but might Decide to buy the two and pair them with Bitget smart portfolio to see which one will pump more while I earn more of the other from it as they are both good coins.

for long term defnitely kaspa, i just don't think anyone really gonna invest in ETC for long term at least those people that are new to crypto will definitely think that kaspa is better coin and ETC just ordinary hard for of ETH which gonna get overshadowed anyway.
but considering that both are PoW its gonna be the same more or less but kaspa have implemented newer technology that allows their PoW to be energy efficient so i put my bet on kaspa.
other than that, i think potential is pretty much the same, its just future proofing on my side tbh if i were to choose whether to invest in ETC or kaspa.

I looked at the chart in the last 1 year, it looks like it's not just hype, because hype won't last for years, but what I see here is that Kaspa has increased in the last 1 year, it seems like the project is really developing and has real cases.

Since Ethereum moved consensus to PoS (Proof-of-Stake), I think all Ethereum alternatives that use PoW (Proof-of-Work) consensus are better than Ethereum (ETH) itself. However, if I had to choose between Kaspa and Ethereum Classic, I prefer Kaspa.

Not without reason, I use an economic approach here where Kaspa is a new project that has a small MC and has not received maximum attention. From these two aspects alone I think it represents why Kaspa is better than Ethereum Classic.

Note: I'm not a fundamentals expert, so I'm not doing any on-chain approaches here.

Is that a hybrid version of the BTC and ETH combination? I have seen projects that use BTC or ETH technology to create something better than them. I think this is the problem current developers are facing. Lack of unique ideas and ambition. Why does it always need to be a better version of two popular blockchain network, Why not something totally different? If you are seeing problems in those two networks, then do something totally different so that your name can be someone like satoshi.

Investors are always looking for new coins with the hopes of doubling or tripling their profits during the hype cycle. ETC is old and not as popular as Kaspa (although it has a higher market price). So you can see why it isn't that attractive to investors. Miners, on the other hand, will stick with the chain that's most profitable for them.

I see a future for both coins, as they prove to be much more decentralized than Ethereum (ETH) itself. It wouldn't hurt buying and holding them until the next "pump". The crypto market is unpredictable, so expect the unexpected. ;D

its basically a PoW smart contract blockchain but implementing some new technology for the sake of increasing tps, nothing special but if you are asking why these coin keep implementing a "better" version of ethereum or maybe bitcoin its because they just want to repeat the same glory, creating anything from scratch basically reinventing the wheel will likely cost so much anyway, so they just went on with the existing tech or protocol and then reimplement also added some thing that they consider to be innovative and thats it, nothing wrong with that as long as its for the sake of advancement of blockchain technology in my honest opinion.

Ethereum classic is here for years and they are just sliding out of the frame every year. They are not as popular as they have been and the only thing that's making it relevant is the POW for miners. But they are loosing miners as the prices go down.
KASPA on the other hand is a newer coin with modern promises. Not sure if they'll be successful with their roadmap but at least they are new and we can hope for the gradual improvement. The same can't be told true for ETC. I'd choose kaspa over ETC at the moment.