Kaspa (KAS) 不是下一個比特幣 (BTC)

比特幣大學的 Matthew Crats 在幾天前發布的 YouTube 影片中探討了 Kaspa (KAS) 是否可能成為下一個比特幣。

Matthew Crats, a presenter from Bitcoin University, recently uploaded a video to YouTube where he explores the possibility of Kaspa (KAS) becoming the next Bitcoin (BTC). He begins by outlining a methodology for analyzing cryptocurrencies, which he believes can be applied to Kaspa and any other digital asset.

比特幣大學的演講者 Matthew Crats 最近在 YouTube 上上傳了一段視頻，探討了 Kaspa (KAS) 成為下一個比特幣 (BTC) 的可能性。他首先概述了一種分析加密貨幣的方法，他認為該方法可以應用於 Kaspa 和任何其他數位資產。

Ranked 24th by market capitalization and positioned between ICP (Internet Computer) and Pepe, Kaspa is a blockchain that implements a protocol called GhostDAG, which is essentially a generalization of the Nakamoto consensus.

Kaspa 按市值排名第 24 位，位於 ICP（互聯網計算機）和 Pepe 之間，它是一個實現名為 GhostDAG 的協議的區塊鏈，該協議本質上是中本聰共識的概括。

Unlike traditional blockchains, Kaspa’s blockDAG orders all blocks in parallel within the consensus, enabling high block rates, instant transactions, and scalability without compromising security. The protocol is based on a paper written by Kaspa’s founder, Yonatan Sionski.

與傳統區塊鏈不同，Kaspa 的 blockDAG 在共識內並行排序所有區塊，從而在不影響安全性的情況下實現高區塊率、即時交易和可擴展性。該協議基於 Kaspa 創始人 Yonatan Sionski 撰寫的一篇論文。

Among the advantages of Kaspa are the facts that it was pre-mined and did not have any initial token allocation, unlike Ethereum and Cardano. The cryptocurrency also runs on a proof-of-work consensus mechanism and has a fixed maximum supply, similar to Bitcoin.

Kaspa 的優點之一是它是預先開采的，並且與以太坊和卡爾達諾不同，沒有任何初始代幣分配。該加密貨幣也運行在工作量證明共識機制上，並具有固定的最大供應量，類似於比特幣。

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Milei Moneda，一種新的迷因硬幣，靈感來自阿根廷總統哈維爾·米萊 (Javier Milei) 的政治和經濟觀點，哈維爾·米萊以自由主義和支持比特幣的立場而聞名。您有機會以持續低廉的預售價提前入手！

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Kaspa’s maximum supply is 28.7 billion coins, which is significantly higher than Bitcoin’s 21 million coins, making it appear cheaper per unit.

Kaspa 的最大供應量為 287 億枚硬幣，明顯高於比特幣的 2,100 萬枚硬幣，使其單位顯得更便宜。

Some Concerns About Kaspa

關於 Kaspa 的一些擔憂

Despite these advantages, the presenter also raises some concerns about Kaspa. One issue is that Sionski, the founder of Kaspa, is actively present on Twitter and sometimes makes posts that could be considered controversial.

儘管有這些優點，主持人也對 Kaspa 提出了一些擔憂。一個問題是 Kaspa 創始人 Sionski 活躍在 Twitter 上，有時會發布可能被認為有爭議的帖子。

Another concern is that the development team of Kaspa appears to be predominantly Israeli, which raises questions about the decentralization of the project and potential biases. Additionally, the founder’s public stance on the Israel-Palestine conflict might deter certain user groups from engaging with the blockchain.

另一個擔憂是 Kaspa 的開發團隊似乎主要是以色列人，這引發了對該專案的權力下放和潛在偏見的質疑。此外，創辦人對以色列-巴勒斯坦衝突的公開立場可能會阻止某些用戶群體參與區塊鏈。

While Kaspa claims to solve the blockchain trilemma (involving security, scalability, and decentralization), Crats has a slightly different perspective on this matter. He believes that if Kaspa were to succeed globally, it may face challenges in maintaining decentralization due to the requirement for massive archival nodes.

雖然 Kaspa 聲稱要解決區塊鏈的三難困境（涉及安全性、可擴展性和去中心化），但 Crats 對此事的看法略有不同。他認為，如果Kaspa要在全球範圍內取得成功，由於需要大量的歸檔節點，它可能會在維持去中心化方面面臨挑戰。

However, in the interest of fairness, Crats assumes that Kaspa’s GhostDAG is as effective as claimed.

然而，為了公平起見，Crats 假設 Kaspa 的 GhostDAG 與聲稱的一樣有效。

Kaspa vs Bitcoin: Why KAS Is Not the Next BTC

Kaspa 與比特幣：為什麼 KAS 不是下一個 BTC

Bitcoin has an anonymous and absent founder in Satoshi Nakamoto, which provides neutrality and decentralized trust.

比特幣有一位匿名且缺席的創始人中本聰，它提供了中立性和去中心化的信任。

Kaspa’s faster issuance schedule (with most coins to be mined by 2026) contrasts with Bitcoin’s slow, organic growth.

Kaspa 更快的發行計劃（大多數代幣將於 2026 年開採）與比特幣緩慢的有機增長形成鮮明對比。

Bitcoin’s initial period began with curiosity, leading to organic global distribution and adoption, while Kaspa is attempting to accelerate this path.

比特幣的最初階段始於好奇心，導致了有機的全球分佈和採用，而 Kaspa 正試圖加速這條道路。

The Kaspa community often asserts that Kaspa is not a competitor to Bitcoin but rather complements it, analogously to silver in relation to gold. However, Crats argues that all money ultimately competes, and Bitcoin’s established network effects and global integration present formidable challenges.

Kaspa 社群經常聲稱 Kaspa 不是比特幣的競爭對手，而是比特幣的補充，類似於白銀與黃金的關係。然而，Crats 認為，所有貨幣最終都會競爭，比特幣已建立的網路效應和全球一體化帶來了巨大的挑戰。

Bitcoin has also proven its resilience over time, being battle-tested and integrated into the global financial system, while Kaspa, being newer and less tested, has yet to demonstrate the same level of resilience.

隨著時間的推移，比特幣也證明了其彈性，經過了戰鬥考驗並融入了全球金融體系，而 Kaspa 較新且測試較少，尚未表現出相同水平的彈性。

Despite Kaspa’s innovations, it faces challenges competing with Bitcoin’s established dominance, network effects, and global trust, which are evident in its role within financial systems, geopolitical influence, and market capitalization.

儘管 Kaspa 進行了創新，但它仍面臨著與比特幣既定的主導地位、網路效應和全球信任競爭的挑戰，這些挑戰在其在金融體系、地緣政治影響力和市值中的作用中顯而易見。

Crats suggests that while Kaspa may outperform Bitcoin in the short term, the longer-term trends favor Bitcoin.

Crats 表示，雖然 Kaspa 短期內的表現可能優於比特幣，但長期趨勢有利於比特幣。

While Kaspa introduces some technological innovations and has certain advantages, it faces significant challenges in competing with Bitcoin’s established dominance, network effects, and global trust.

雖然 Kaspa 引入了一些技術創新並具有一定的優勢，但它在與比特幣既定的主導地位、網路效應和全球信任競爭方面面臨著重大挑戰。

Crats ultimately recommends focusing on Bitcoin due to its proven resilience and established position, encouraging viewers to hold BTC and avoid being distracted by new cryptocurrencies promising to outperform Bitcoin.

Crats 最終建議專注於比特幣，因為它具有經過驗證的彈性和既定的地位，鼓勵觀眾持有比特幣，避免被有望超越比特幣的新加密貨幣分散注意力。

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Captain 剛剛在眾多 2-5 次中完成了他的第一個 100 次。想成為獲利社區的一部分嗎？加入我們的免費 Telegram 群組即可接聽我們未來的所有電話。