A new video on the Kaspa Silver channel has sparked interest in comparing Kaspa and Litecoin, discussing the main arguments for each cryptocurrency.
Launch and Fairness
The video claims that Kaspa's launch was public and all users could equally participate in the mining process. Analyzing articles, it is mentioned that the idea of 'fair launch' is subjective since no one had advantages in fund distribution prior to launch.
Security and Decentralization
Discussing security, the analyst points out that higher costs for a 51% attack don’t always guarantee better protection. Kaspa hasn't faced threats despite its theoretically lower attack costs. An important aspect is that neither Kaspa nor Litecoin implemented pre-mining.
Speed, Scalability and Development
The analyst emphasized that Kaspa can handle up to 200 million transactions a day, significantly exceeding Litecoin's capabilities. Data on Kaspa's performance, which pays out more funds to its miners daily compared to Litecoin, is also presented.
Despite some advantages of Litecoin, such as privacy features and a long history, Kaspa demonstrates advantages due to its fast launch, scalability, and active community. The analyst suggests that Kaspa could become a more successful platform in the future.