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đ» My friends and future crypto millionaires, in today's video I am buying 550 Kaspa or KAS tokens. I'm going to do it right now and add it to our Public $100 YouTube portfolio buys for 2024.
If you were to have simply bought $100 worth of all the Altcoins that we did last year in 2023, today you'd be up over $2,800 in profit or 116%.
Watch this video all the way until the end for bonuses and subscribe for daily Crypto YouTube videos!
âĄïž Disclosure: We are investors and Holders of the Cryptocurrencies discussed in this video.
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TIMESTAMPS:
00:00 I bought 550 Kaspa (KAS) Crypto coins at $.1820!
02:24 Public portfolio update
03:42 What is Kaspa?
06:14 Is Kaspa the next Cardano?
07:25 Let's look at charts
09:56 VIP portfolio update
11:40 Kaspa chart
14:45 Join the class and VIP group
â KASPA
Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.
The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by proof-of-work environments. Kaspaâs current main net operates at 1 block per second. Down the road, core developers and researchers will work on stretching the capability to the limitsâthink 10 or even 100 blocks per second.
Kaspa also includes a unique monetary policy which decreases emissions geometrically over time based on the 12-note scale of music. Known as the chromatic phase - this policy activated May 7th 2022 with a block reward of 440 KAS. The block reward will be halved once per year, but smoothly: every month, the block reward is reduced by a factor of (1/2)^(1/12). This means that the ratio of block rewards in consecutive months is exactly the same as the ratio of frequencies of two consecutive semitones in a tempered chromatic scale.
Note that the policy dictates how many coins are minted per second regardless of the block rate. Should Kaspa change the block rate in the future, the reward will be adjusted accordingly to maintain the same emission rate.
Source: https://coinmarketcap.com/currencies/kaspa/
Website: https://kaspa.org
X Twitter: https://twitter.com/KaspaCurrency
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DISCLAIMERS:
Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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