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Author Topic: Kaspa or Ethereum Classic?  (Read 331 times)
Abiky (OP)
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January 10, 2024, 05:14:12 PM
 #21

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.

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? Smiley

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January 11, 2024, 07:27:52 AM
 #22

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.



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January 12, 2024, 11:54:13 AM
 #23

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? Cheesy

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January 13, 2024, 12:52:34 AM
 #24

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.

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January 13, 2024, 01:27:02 AM
 #25

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.

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January 13, 2024, 05:58:41 AM
 #26

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.
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January 13, 2024, 05:54:58 PM
 #27

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. Smiley

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.

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January 13, 2024, 06:19:54 PM
 #28

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.

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.
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January 15, 2024, 12:17:35 AM
 #29

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.

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. Grin

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January 15, 2024, 12:32:15 AM
 #30

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.

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.
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.

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January 15, 2024, 12:52:57 AM
 #31

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.
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