In recent years, transaction speed has become the key metric for next-generation blockchains. Both Kaspa and BlockDAG utilize DAG architecture to increase transaction throughput.
Development of Kaspa and BlockDAG Technologies
Kaspa has proven itself through its GHOSTDAG consensus system, enabling faster block times without sacrificing decentralization. This blockchain can process multiple blocks per second, providing a significant advantage over older chains. Meanwhile, BlockDAG is conducting the largest Layer-1 presale, having raised $376 million to date.
Progress of BlockDAG and Its Milestones
BlockDAG applies a combination of DAG structure and Proof-of-Work, achieving up to 10 blocks per second. The fundraising statistics are remarkable, with $376 million raised, 200,000 users onboarded, and 25 billion coins sold. The launch of the X1 mobile application has created a user base of 2.5 million.
The Potential of BlockDAG Compared to Kaspa
For Kaspa to achieve a 20x return from current levels, it requires a significant market cap increase. BlockDAG, starting from a presale price of $0.0276, needs only a 36x increase to reach $1. Market demand and activity may make this ambitious target attainable.
Both Kaspa and BlockDAG are designed for speed and scalability. However, the presale structure and marketing strategies of BlockDAG provide it with a unique growth potential that Kaspa has already partially realized.
