Kaspa or Ethereum Classic?

[Abiky]

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.

[Churchillvv]

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.

[Sayeds56]

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.

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.

[bluebit25]

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.

[Yogee]

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.

[tsaroz]

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.

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.

[rhomelmabini]

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.

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.

[ryzaadit]

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.

[Sayeds56]

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.

[batang_bitcoin]

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.

[JeffBrad12]

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.

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.

[Husires]

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.

[Sayeds56]

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.

[btc78]

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

[zasad@]

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.

[Abiky]

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.

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?

[Mate2237]

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.

[Abiky]

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.

[xeqoRameshAxueamExaqana]

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.

[doomloop]

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.

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?