BPS

vcaldeira

Note: DAGKNIGHT target is 100 BPS

jsp123

Even with Kaspa's increased block rate of 10 blocks per second (BPS), an attacker would still need 51% of the hashing power to successfully execute a double spend because the security model is fundamentally based on proof-of-work consensus. The 51% requirement relates to the attacker's ability to create an alternative history of the blockDAG that the network would accept as valid. In Kaspa's GHOSTDAG protocol, the longest valid chain with the most accumulated proof-of-work is considered the canonical version of transaction history. If an attacker controls more than 50% of the network's hashing power, they can eventually produce blocks faster than the rest of the network combined. This would allow them to create a parallel version of the blockDAG with conflicting transactions (the double spend) and eventually have their version accepted as valid because it contains more accumulated work. Increasing the block rate to 10 BPS doesn't change this fundamental requirement - it might actually make propagation challenges more significant, but the security threshold against double spend attacks remains at 51% of the network's hashing power. Kaspa's pruning mechanism adds an additional layer of security against deep chain rewrites and historical double spends. The pruning system in Kaspa works by removing older block data while maintaining the consensus-critical information. This creates what's effectively a "point of no return" in the blockchain history, beyond which the network will not accept reorganizations. In practical terms, this means that even if an attacker somehow acquired 51% of the network's hashing power, they would only be able to attempt to rewrite the chain from the pruning horizon forward. Any transactions that have been confirmed and exist before that horizon are permanently secured and cannot be altered or double-spent. This design choice significantly strengthens Kaspa's security model against long-range attacks while also helping keep the blockchain size manageable as it scales to higher block rates.

Maybe_Factor

Right, so it relies on a block to be propagated to all nodes to prevent the double spend... That's a tall order at 1 BPS, let alone at 10 BPS

Holiday-Way-2607

recently knowing this crypto according to kasmedia article, after 10 BPS implementation, kaspa will be capable of processing 2,000 to 3,000 tps. What a wild number considering its a Proof of Work system

o_geeee

Kaspa is about to drop 10 BPS in 6 days

ther888

If you’re looking for something revolutionary look into KAS … that’s almost alien tech based on music and all. 10BPS start on next Monday and FOMO might be cray cray. NFA

AccomplishedPhase883

10BPS crescendo fork near and SCs planned for summer. I’m buying as much as I can afford.

satoshiwife

Most advanced tech in crypto. Doing 10 BPS on POW while others can't even achieve 1 BPS on POW Also being a fair launched project, built by donations and community. That's decentralisation, no vcs, no corruption

PrestigiousLoad6098

Buy KAS. Fair launch. Just went 10BPS, after proving in October it's the most scalable PoW ever created, and that was at just 1BPS. It's what BTC was meant to be. The price is being manipulated to b*ggery atm, but it's one of the few bright spots in cryptoC. DAGs really are the next step now in PoW. Just hope it never gets an ETF. Always thought the ETFs and especially government involvement of any kind would be bad for BTC.

jj20051

Yes, thermal paper can be considered toxic because it often contains chemicals like Bisphenol A (BPA) or Bisphenol S (BPS), which are endocrine disruptions that can be absorbed through the skin when handling receipts made from thermal paper, raising concerns about potential health risks, particularly for frequent users like cashiers.  The wifi is the bit that gets me for reference, but the receipts makes total sense.

M4dj0k3r

Im with KAS (~2b MC only), 10BPS, SMC and Big Exchanges incoming 😊 Also got a Bag of XRP,Ada,chainlink, sol an hbar but biggest Bag is KAS

Necessary_Main4238

>How many transactions has Kaspa had in it's largest block? Kaspa is significantly faster than Algorand. At its current rate of 1 block per second (1 BPS), Kaspa can handle approximately 18,000 to 20,000 transactions per second (TPS). Kaspa: With its upcoming 10 blocks per second (BPS) upgrade, Kaspa can handle over 500,000 transactions per second (TPS) due to its blockDAG architecture. Future plans aim for 100 BPS, further increasing its scalability. Algorand: Currently processes around 1,000 TPS, with a recorded peak of 2,000 TPS.

Necessary_Main4238

Kaspa is superior!!! While Algorand takes 3.3 seconds to confirm a block, Kaspa does it in just 1 second – and even better: with plans to scale to 10 BPS and up to 100 BPS in the future! This means more speed, more efficiency, and a blockchain truly built for the future! Algorand uses a variation of Proof-of-Stake (PoS) that leads to centralization, while Kaspa leverages Proof-of-Work (PoW), ensuring a truly decentralized and secure network. No staking dominance, no validator control – just pure, decentralized innovation! Kaspa is better: Faster, Fairer, and Fully Decentralized!

ravinyu

I'd say it's KASPA but with better tech. It's solving the blockchain trilemma, 10 BPS in 1-2 months with the goal of reaching 100BPS in the future, GHOSTDAG, smart contracts a few months after that and there are 2 companies working on 2 smart contracts. KAS founder Yonatan Sompolinsky worked on Bitcoin and Ethereum. If you wanna know more just go to kaspadotorg or join the discord channel

olduvai_man

I'd say Kaspa on 10BPS would be pretty close. Fair-launch and community run, can scale up and can run a full node on ancient/cheap hardware and a faster blockrate than Solana.

olduvai_man

There is not a single person on this subreddit, or any socia media, that has any real insight into what projects are going to be successful or not. Many will pretend, but they don't know shit. So, with the above and knowing that I'm included in that group, I really like Kaspa and think it fits with Satoshis vision more than any other project outside of Bitcoin and am excited about it's future. Lots of interesting things coming to the project in the next 2-3 months (10BPS upgrade, EVM-compatible Smart Contracts, Kaspa-specific Smart Contract, more adoption through T1 listings). It's the only coin *ever* mined by Marathon Digital (largest miner on Earth) outside of Bitcoin. I like the ethos behind the project and choose to run a node and build on it because it stays more true to the roots of why I got into crypto to begin with. It could go to 0 or top ETH's marketcap for all I know, but I hold it because of the above and each person is free to choose to do what they want.

RadiantJelly3253

Question cause you know stuff. Max TPS (convert from BPS/CPS please I am not smart) \- I hear from 1000 TPS to 35 TPS. Also what about BlockDag or other DAG's with higher TPS.

Graineon

> Stablecoin transfer volume in the Ethereum ecosystem over the last year was 53% as high as Visa and 86% as high as Mastercard. Transfer volume is the amount of $ moved correct? Not the amount of transactions... If that's the case, volume is meaningless. Transactions is meaningful. Also, price per transaction is more meaningful. As is speed of transaction (finalisation). Volume is a pretty moot metric. It only goes to show how many rich people are using it, not how much it can actually handle. > There's only once chain that has multiple decentralized clients running it, making it impossible to capture and impossible for a bug to stop it: https://clientdiversity.org/ > PoW just means that rich entities can benefit from economies of scale and so inevitably end up building more and more of the blocks. That's why 2 block builders are responsible for over 50% of all Bitcoin blocks. The fact that Eth requires a community to be enticed to decentralise is telling. A proper crypto should have built within it incentives for decentralision. "C'mon guys, let's decentralise" is not a trustworthy solution by any means. What you're saying is somewhat true regarding the drawback of PoW but also the argument applies even moreso to PoS. But you have to consider that PoS is inherently centralising. Over time, the rich get richer faster as a function of how much they own, not how much they are contributing. This is a super important distinction. PoW allows anyone anywhere there is energy to contribute to decentralisation. There's a fundamental issue there that is important to think about. Yes, rich do get richer, but they still have to produce real *work* to make it in PoW, regardless of how much they "have". In PoS, the money makes itself. And when comparing archaic tech like BTC, yes, you have some issues with decentralisation. But BTC's limitations are based fundamentally on the block rate. Because a block can only be mined every 10 minutes, you essentially *need* mining pools. Not good! I would agree. The crypto that will take over Eth will have much higher blockrates. Let's say 10-100 blocks per second. This would allow most average people with a mining rig to hit a block while solo mining. It would also incorporate purging to keep the size reasonable. So let me add to my list: - Must have very high BPS to encourage solo mining and decentralisation - Must be able to purge the history while keeping the state in a way that doesn't affect decentralisation.

olduvai_man

KAS for sure It has the record for most transactions ever in a single day on a proof-of-work (more than Bitcoin/Doge/Litecoin have ever done). Marathon Digital, the largest BTC miner on Earth, has mined only one coin in the last 14 years (BTC) until they started mining KAS this year. Final touches on the 10BPS happening now (has been running in testnet for months), which would allow for more than 3000 TPS on a decentralized proof-of-work. Fair-launch like Bitcoin (no VCs/pre-mine/pre-sale/etc) and created by the founder of the GHOST protocol which helped form the basis for Ethereum. MEV-resistant smart contracts, known as Project Sparkle, in development and coming next year as well. Finally got it's first tier-1 listing coming next week (Kraken) but made it as high as #20 in market-cap despite it. Rabid community and lots of cool stuff happening for a project that has better tokenomics (considerably better) than everyone of the other projects you've listed.

olduvai_man

Kaspa. Fair-launch proof-of-work L1 with no VCs/pre-mine/pre-sale/etc... It's an open launch exactly like Bitcoin. It set the record for most transactions on a POW in a single day this year (more than Doge/Bitcoin/Litecoin have ever seen). 10BPS releasing in the next 3 months which will make it faster than Solana and the fastest decentralized layer-1. Marathon Digital is the largest miner on Earth and has only ever mined Bitcoin in the last 14 years, until this year when they started mining Kaspa and currently showed in their quarterly report this week that they are hodling. MEV-resistant smart contracts confirmed in Q1 2025. Founder is the creator of the GHOST protocol (used in Ethereum) and developed the GHOSTDAG/DAGKNIGHT on Kaspa which is a generalization of the Nakamoto Consensus that manages to be secure (enormous hashrate and most after Bitcoin), decentralized (can't be shut down or reset) and fast. Massively bullish on Kaspa in the long-term, but also has moved to a top-30 market cap whilst only getting it's first tier-1 exchange listing (Kraken) announced just a few hours ago.

Dylan85577

Agreed on Kaspa. 10 BPS coming in January, making it the fastest ever proof of work crypto. Smart contracts also aimed for Summer 2025. It achieves the vision of Satoshi Nakamoto with real world industrial use cases in the pipeline.

SameWeekend13

I would think 50BPS would be the cut.

_TheWolfOfWalmart_

I don't know why they even bothered really. The whole point was to be a fast payment network, that's all it needs to be. The chart looked fantastic until KRC-20 launched. Let's just go back to being digital silver and get that 10 BPS hard fork.

Preme2

Fed minutes were today. The majority still say a 50 BPS rate cute. Oddly enough does feel like the economy is heating back up.

_TheWolfOfWalmart_

Yesterday KRC20 tokens launched on Kaspa and the network processed more transactions in a few hours than Bitcoin *and* Ethereum process in a week. Nodes handled like a champ. 300 TPS non-stop for an entire day, and 10 BPS will soon be out of testnet and live on mainnet, which means it'll be able to do 3000 TPS the same way. On a decentralized UTXO PoW.

Dylan85577

This will be a longer read but this is my thoughts: • Unique Technology: Kaspa uses blockDAG technology, allowing for high scalability and fast transactions. The network is already aiming for 10 Blocks Per Second, with plans to scale up to 100 BPS, making it one of the fastest blockchains out there. • Future Smart Contracts: Kaspa has smart contracts on its roadmap, targeted for a potential release by 2027. This will bring complex programmability and automation, allowing the network to host advanced dApps, DeFi platforms, and potentially even rival Ethereum. • Kaspa Industrial Foundation (KIF): KIF is actively forging partnerships with key players to drive real-world adoption, aiming to position Kaspa as the go-to blockchain for industries. This strategic approach could bring mainstream use cases onto the network as crypto adoption grows. • Reputable Team: The people behind Kaspa are highly educated and well-connected in the crypto space, with the expertise to turn their ambitious vision into reality. This strong leadership increases confidence in the project’s success. I see crypto becoming adopted into industries and potentially our societies as digital currency becomes a reality, Kaspa by this stage should be one of the front runners given it’s technology if they live up to their ambitions.

Competitive_Sky_4513

Don’t think so. Market is way overvalued. An emergency 50 BPS cut could trigger more panic leading severe downturn!!!

HSuke

> Security in DLT usually means safety+liveness Oh good catch. I got 'safety' and 'security' mixed up. > About the economy of scale, high BPS is also the answer. That's a good point. High BPS would solve the jackpot problem and the biggest reason for pools. ------------ I often feel like Bitcoin is holding back the rest of the crypto development and progress. It's like the giant sequoia tree that's blocking out sun and resources needed for newer plants to grow. I appreciate it for bringing cryptocurrencies into the world, but I think if it were to disappear now, the future for the world would be better since that would allow newer cryptocurrencies with better protocols to flourish. First mover advantage is such a hard obstacle to overcome. How do smaller communities fight against this narrative? Even /r/CryptoCurrency is slowly becoming ossified against altcoins that are not BTC or ETH. I see plenty of genuine altcoin threads where the poster is quickly labeled a shill, and it's a shame this is happening.

deshe

> "Security threshold" has a rather specific definition for PoS DLTs. It usually means the % of stake the attacker needs in order to finalize valid blocks against the will of honest validators (e.g. for court-ruled censorship). This could also allow them to reorg the network for the blockchains that allow for it. Security in DLT usually means safety+liveness. A 51% attacker can I definitely stall the network without consequence, hence the network has no liveness whereby no security. I agree the safety threshold is higher in PoS, but this isn't necessarily a good thing, exactly because it makes liveness attacks easier. > But this doesn't mean that larger staking pools have a tendency to get larger over time. It does. PoS has a rich-get-richet dynamic which is a huge problem. > Most of the large PoW and PoS networks have been actively trying to break up their largest staking pools or decentralize them with a DAO. The main things stopping them are economies of scale. My opinions is that this is a fool's errand. Best thing you can do is make pool foulplay quickly noticable by high BPS. This is very well motivated game theoretically, since foulplay necessarily means reduced profit for pool users  About the economy of scale, high BPS is also the answer. While ASICs are indeed an economy of scale, you can argue that the block delay is a linear factor of this scale (essentially because having X times higher BPS means a miner needs X times smaller fraction of the global hashrate to see the same amount of blocks), so I consider high BPS a solution to this as well  > it's easier to be a small solo staker (smaller ongoing cost, and many protocols pay out small amounts just for validating) than it is to be a small solo miner (requires winning the lottery) Again, I do not believe this is true due to high BPS. Bitcoin can accommodate 144 solo miners/pools with daily revenue, 10BPS Kaspa can accommodate 864000 such miners. Some evidence that this dynamic translates to real economy is that even though there are very large Kaspa ASICs available, the smallest one is still the best selling unit. The high BPS creates demand for small machines by decentralizing mining, and that's when the mainnet is running on 10BPS and the total Capex is bearing half a billion dollars. A single KS0 costs less than 500$ and is currently enough to solo mine a weekly block on average.

_TheWolfOfWalmart_

Welp expectations have from from 75 BPS cuts in 2024 to now 25 BPS. That's why the rugpull. But it's an overreaction to the FOMC... as always. Outlook is still reasonably bullish with inflation tempering and cuts coming, just slightly later. The market will normalize in the hours after FOMC... as always.

deshe

> Is block confirmation defined as the amount of time it takes for another block to be added linearly behind the block? Tbh I didn't understand the question > And what is the relationship between k and block rate? For example if block rate goes up 10x, what happens to k? The relationship between k, D (latency), the block rate and a security parameter delta is that k is chosen the smallest possible such that the probability that the network produces more than k blocks in a 2D time interval is at most delta. The explicit expression appears as formulas 1) and 2) in section 4.2 of the GHOSTDAG paper. > Is there sufficient benefit to increasing block rate instead of just letting more more transactions pack into each block? Actually, high TPS is not at all the motivation to having high BPS. That is, 100BPS with 10 tx/block is better than 10BPS with 100 tx/block. High BPS creates high parallelism, which has many nice properties and applications. For a start, it is a prerequisite to instant confirmations. Your block rate must be smaller than the network latency. There is also a cool effect on the fee market: if there are on average P parallel blocks than users are incentivized to pay fees when the network is 1/P congested, which is highly relevant to security budget. High parallelism also provides new approaches to combating MEV. > Wouldn't increasing block rate increase complexity and bloat? That's why we don't shoot it through the roof. But we've managed to churn out very decent performance from accessible hardware. Testnet 11 chugs 3000 TPS over 10 BPS running on 100$ hardware and less than 100 GB of storage.

TheLelouchLamperouge

No it doesn’t, if there are cash outflows FROM the etf, they have to sell. They only collected .0025 fee. A quarter of a percent, (25 BPS) So yes if they want to use their grand 25 bps to buy Bitcoin they can… that is after overhead cost, not a deal whatsoever.

C0NSCI0US

That's just phase 1 :) take a look at BPS in 2026 when Kaspa will be all mined out.

Regular_Chapter_788

Yes, and FOMC in 8 days. Rates are expected to remain unchanged (97% probability) at 525-550 BPS.

bitsteiner

Cramer could have asked "What has freedom ever done for mankind?" as well. He clearly suffers from BPS (Bitcoin Pomo Syndrome).

olduvai_man

It's the fastest Layer-1 PoW in the space, created by Yonatan Sompolinksy who (with Aviv Zohar) created the GHOST protocol which is used in numerous projects in the space for consensus (such as Ethereum and Ada). Kaspa uses a version of that called GHOSTDAG (the first GHOSTDAG protocol) and a new implementation called DAGKNIGHT. What makes DAGKNIGHT so transformative is it's ability to scale the Nakamoto consensus to the latency of the speed of the internet rather than setting an upper bound value explicitly which all other projects in crypto have done. This allows Kaspa to scale, with Bitcoin's security, to 100 BPS and able to transact faster than Visa and Mastercard. Additionally, this allows Kaspa to be MEV resistant and will be the fastest, decentralized, Layer 1 that allows smart contracts (this part is still in development as they complete DAGKNIGHT implementation into Kaspa). There was no pre-mine or founding authority, and the coin was fair-launched without any investors/pre-sale/etc. All coins have been minted through mining like Bitcoin. The halving schedule is yearly rather than every four years like Bitcoin. Additionally, since launch, it has been the highest performing asset in the entire crypto space. Literally no project since it's inception has grown in price more than Kaspa. It's the hardness, security and fairness of Bitcoin with smart contracts and throughput of 100 blocks per second. Top-25 crypto project without a single major US listing.

satoshiwife

KASPA which was 100% fairly launched has already solved the trilemma. Doing 1 BPS on Mainnet and 10 BPS on Testnet smoothly. 100 BPS is what KASPA is aiming for in the future. And with such giga OGs experienced devs, I don't doubt that.

Playful_Stand6721

By BPS if you mean basis points... You have to count withdrawal fees too. Most people buy 10-20$ at a time and withdraw after a few hundred dollars if that.

Dramaculas

Kaspa already has 10 BPS up and running on their public testnet

_TheWolfOfWalmart_

That's utterly pointless and 1 block confirmation is basically worthless at 10 BPS. I'd want to see at least 100 confirmations at that speed to trust a small payment sent to me. I don't understand their fixation with 10 or 100 BPS. 1 was already more than enough. That development time would have been better spent on smart contracts. I'm even a KAS holder, have been holding since June 2022.

lookingfortheanswer5

Don’t skip Kas, POW so no security risk, also blockdag 10BPS

Asphyxiem

BPS is blocks per seconds . Bitcoin is like 1 block per 10min while KAS currently is like 1 block per second and soon after rust update it will be 10blocks per second and the goal is 100block per second. https://youtu.be/jsqAEYADee4?si=srETzrrc_q1UJ-rH

Virtual_Economist513

No minting hack, there was an exploit on the BSC bridge but users were refunded in like 24hrs it was pretty well handled. The native network has been very secure running for two yrs now. KAS has got a good thing going and it's great that ppl are checking out new networks, don't worry about other projects making comparisons, it's healthy. Whats BPS?

EG4N992

$KAS is Satoshis vision 2.0 It does everything BTC does now, and also does everything BTC outlined that it wanted to do in the whitepaper. Yonotan Sompolinsky the Creator of KAS wrote a peer reviewed white paper on GhostDag the protocol that Kaspa uses not too long after the BTC whitepaper was released. It has been reference din the Ethereum whitepaper by Vitalil but Erin and somewhat implemented into Ethereum also. KAS actually improves on GhostDag with DagKnight. It currently produces 1 block per second as opposed to BTC's 1 block per 10 minutes, and they are testing 10 BPS currently which should be bought to public testnet in the next few weeks, the next aim is 100 BPS, this will be needed to service a finical system that can service the population. Don't confuse BPS with TPS (transactions per second) currently that l sits at 300-400 TPS which will 10-100x with the upgrades. It does all of this and does not compromise the security of the blockchain solving the blockchain Trillema. It has been enthusiastically spoken about by Charles Hodgkinson and a lot of other prominent figures in the space. Heck even Solana have just said they are going to introduce Dag hybrid technology to their blockchain aswell. There is a reason it reached 1bn marketcap even though it was released in the depths of the bear market last year and there is also a reason it continues to rise with the pump we are currently having smashing ATH's on a regular basis.

EG4N992

I am in $KAS and I believe we still have significant room for growth. They are currently testing 10 blocks per second on a private testnet which if successful will be implemented in the next few weeks and then they are going for 100 BPS which is unheard of in POW It's Hashrate has increased significantly in a short space of time. They still have smart contract implementation sometime soon. So still a lot going for it and if successful, which with a team that has been referenced in the Ethereum whitepaper and Vitalik based part of ETH on KAS technology I think it will be successful. I think another 10x isn't out of the question, most maxis will tell you it will steal #2 spot in the coming years. But obviously you have to take maxis with a pinch of salt. I personally think we have a 50x in there still.

Impossible-Injury932

No blockdag tech is revolutionary.GHOSTDAG is the fastest blockchain trilemma-solving PoW as of today, capable of achieving a robust amount of BPS without sacrificing decentralization, accompanied by instant transaction confirmations determined by network latency - not by the protocol. Also communigy driven by design.

TarkovRedditor

Stock futures will open -50 BPS while BTC still hovers around Friday close high. Do with that information what you want

Fantastic-Bit-4702

Fair launch, POW BlockDAG, unique consensus protocol that will make Kaspa easily the most scalable and efficient decentralized L1 (DAGKNIGHT), the founder is a crypto legend and mentioned in many important whitepaper's including ETH, fully decentralized, unique emissions schedule, great community and a very clear focus on the goals of the project (among others). The primary focus right now is to finish a Rust re-write for improved performance (10 BPS and this is currently in beta on mainnet) and then to implement the DAGKNIGHT protocol. Following those improvements on the base-layer, then smart contracts are the next implementation. The devs are top-notch, but the theoretical basis for the project and Shai/Yonatan are what really sell it for me. It's easily the top performer this year in the top-100, even though it has still yet to be listed on a major US exchange. It has the same ethos/principles behind BTC, but with the tech to bring it to the next level.

rootpl

I've watched Panorama's documentary yesterday on BBC if anyone is interested, it was good to see it from the non-crypto community point of view: https://www.bbc.co.uk/iplayer/episode/p0gffn3y/panorama-downfall-of-the-crypto-king-extended-version#xtor=CS8-1000-%5BEditorialPromo\_Box%5D-%5BNewsEditorial\_Promo%5D-%5BNewsEditorial\_Promo%5D-%5BPS\_IPLAYER\~N\~p0gffn3y\~P\_cryptoking%5D

pizzapicnic

It's on BBC, you have to be based in the UK or use a VPN to watch it. https://www.bbc.co.uk/iplayer/episode/p0gffn3y/panorama-downfall-of-the-crypto-king#xtor=CS8-1000-%5BEditorialPromo_Box%5D-%5BNewsEditorial_Promo%5D-%5BNewsEditorial_Promo%5D-%5BPS_IPLAYER~N~p0gffn3y~P_cryptoking%5D

TarkovRedditor

Damn 2021 class has to be heavily underwater to care that much about Feds nowadays So tell me OP if it all comes down to the rates & pivot, how comes BTC hit it's lowest at $15,500 when rates were below 400BPS and is now holding 26k at 525 BPS ?

scepitile

Btc was the first version, Kas is the improved and final version, PoW blockdag running on DagKnight. 10BPS on mainnet soon, will eventually be 32BPS or more, solves the trilemma. Look into the founder Yonatan Sompolinsky and you will see

Gr8WallofChinatown

U.S CPI (YOY) (AUG) ACTUAL: 3.7% VS 3.2% PREVIOUS; EST 3.6% US Aug Consumer Prices +0.6%; Consensus +0.6% US Aug CPI Ex-Food & Energy +0.3%; Consensus +0.2% US Aug Consumer Prices Increase 3.7% From Year Earlier; Core CPI Up 4.3% Over Year US Aug CPI Energy Prices +5.6%; Food Prices +0.2% US Real Average Weekly Earnings -0.1% In Aug GASOLINE CONTRIBUTED TO MORE THAN 50% GAIN IN THE US CPI IN AUGUST U.S. DOLLAR INDEX UP 0.32% TO 104.90 AFTER STRONGER-THAN-EXPECTED US CPI DATA U.S. TREASURY YIELDS RISE AFTER CPI DATA; 10-YEAR YIELD UP 7.20 BPS ON DAY AT 4.336% Important news that impacts crypto

_TheWolfOfWalmart_

Don't get me wrong I love Kaspa, but why are they spending all this effort on pushing 10 blocks per second? 1 block per second is already more than enough, and comes with enough overhead as it is. You're still going to have to wait for about the same period of time for block confirmations for the same level of security guarantee too. With 10 BPS, it'll take roughly 100 blocks to guarantee the same security as 10 blocks does now and both cases will take 10 seconds.

bvandepol

L1, not listed yet on any of the major exchanges, 10BPS, aiming for 100 this year, endless scalable, had a fair launch, no ICO. And there’s a faucet..

olduvai_man

Fair launch, POW BlockDAG, unique consensus protocol that has the potential to be allow it to easily be the most scalable and efficient decentralized L1 (DAGKNIGHT), the founder is a crypto legend and mentioned in many important whitepaper's including ETH, unique emissions schedule, great community and a very clear focus on the goals of the project (among others). The primary focus right now is to finish a Rust re-write for improved performance (10 BPS) and then to implement the DAGKNIGHT protocol. Following those improvements on the base-layer, then smart contracts are the next implementation. The devs are top-notch, but the theoretical basis for the project and Shai/Yonatan are what really sell it for me. It's easily the top performer this year in the top-100, even though it has still yet to be listed on a major US exchange.

Antana18

Another 125 BPS will basically bankrupt the US, they are already spending as much for interest rates on their debt as for their military.

TarkovRedditor

FOMC was the meeting of the federal reserve today announcing the 25 BPS rate hike, a speech of the chairman Jerome Pausenbrot and an interview afterwards

TarkovRedditor

FED HIKES INTEREST RATE BY 25 BPS TO 5.50% Powell speech in 30min

TarkovRedditor

In ~7,5h the 25 BPS rate hike ( my bet I’m very sure ) will be announced. Half an hour later follows even more volatility due JPow speaking

TarkovRedditor

All short term noise. They will raise rates by 25 BPS tomorrow, Powell will say the same things he’s been saying since January & derivatives will drive intraday price action. Nothing of this will matter even in half a year from now

TarkovRedditor

It’ll be 25 BPS

TarkovRedditor

**leftover Macro this week** **Tuesday:** - MSFT, GOOG, V earnings - Home Price Indices **Wednesday:** - META earnings - New Home Sales & Permits - FOMC **Thursday:** - AMZN, MA earnings - Jobless Claims - Pending Home Sales - US GDP (preliminary) - ECB meeting - BoJ meeting **Friday:** - Personal Income & PCE BTC closed -3% today after a larger sell off with no signs of recovery. However investors & traders are speculating heavily on more price action in the short term leading to outstanding high open interest - more volatility will come this week. Big week for the feds as well as PCE inflation data. Earning season also continues with some notable tech/fin names included above, among many others. I’m expecting a 25 BPS rate hike on FOMC. Earnings will be interesting since the last weeks tech earnings dragged down the tech sector from close to ATH. A further decline & correction might have a negative impact on BTC.

TarkovRedditor

It will guaranteed do a 25 BPS rate hike this week please do not bet on a pause

TarkovRedditor

Macro this week **Monday:** - Flash PMI's **Tuesday:** - MSFT, GOOG, V earnings - Home Price Indices **Wednesday:** - META earnings - New Home Sales & Permits - FOMC **Thursday:** - AMZN, MA earnings - Jobless Claims - Pending Home Sales - US GDP (preliminary) - ECB meeting - BoJ meeting **Friday:** - Personal Income & PCE big week for central bank meetings as well as PCE inflation data. earnings season also continues with some notable tech/fin names included above, among many others. I’m expecting a 0.25 BPS rate hike on FOMC. Earnings will be interesting since the last weeks tech earnings dragged down the tech sector from close to ATH. A further decline & correction might have a negative impact on BTC.

Hundegott

People are slowly realizing that no other network can do what Kaspa does. Or do you know any network that can even compete with it's current 1 BPS? Not even to speak of 10 BPS currently in the testnet. Some guy posted an order of miners for over 2.4 million $ on the discord. A ton of mining money is entering and money follows the hashrate.

Medfried

Do you guys actually think FED and Jpow will follow through with 2 more 25 BPS rate hikes?

No-Reserve-2208

Kaspa is a layer one that was developed to solve the blockchain trilemma. Traditional crypto must limit their BPS to limit “orphan” blocks. Kaspa leverages a BlockDAG architecture to allow fast, scalable, and secure transactions without sacrificing decentralization. Kaspa can accomplish more TPS than visa while holding identical decentralization and security as bitcoin which is what we want right? No one has a blockdag except kaspa.

DinoCoiner

\*FED RAISES BENCHMARK RATE 25 BPS TO 5%-5.25% TARGET RANGE \*FED OMITS PRIOR LANGUAGE THAT SIGNALED MORE HIKES AHEAD Pack it up it's over.

Beyonderr

The Federal Reserve raises interest rates by another 25 BPS. Yay! So that was already priced in. Another nothing burger. So dumb.

Regular_Chapter_788

500-525 BPS 87.0% probability. Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

RotoHack

Coinbases business model is unsustainable. It's a race to near zero for fees and coinbase earns 5% on their users assets. That's fucking absurd. Fidelity schwab and others earn between 25-50 BPS on their users assets.

CrewFluid9474

Except now we’re talking 50 BPS in may, not exactly bullish. I stopped buying around 23k

Dfranco123

25 BPS.

42326041

25 BPS almost confirmed. 45 minutes to go. Lets see if daddy Powel fks all of america at once by dropping a 50bps bomb.

Stunning-Ask3032

#FOMC Tonight at 11:30PM IST Expectations : 50 BPS hike = Bearish 25 BPS hike = Neutral 0 BPS hike = Bullish 25 BPS cut = Very bullish

TOXICCARBY

Powell should just say fuck it and announce a 75 BPS rate hike

Chysce

From tightening to straight up possible 0 BPS... and cash inflow And Powell said how he is determined to fight the inflation xDD

Intelligent_Page2732

>FED swaps now shows a 100 BPS rate cut by December from its expected peak. We went from a 50bps hike last week to a 100bps cut in december in merely a week.

TyroneWallinson

JUST IN: 🇺🇸 FED swaps now shows a 100 BPS rate cut by December from its expected peak.

TyroneWallinson

JUST IN: 🇺🇸 FED swaps now shows a 100 BPS rate cut by December from its expected peak.

shakingspheres

CPI came in at 6% just as expected. Bank failures will not make the Fed change course, expecting 25 BPS hike to go ahead. Bullish.

Dull-Wear-3286

CPI comes much lower than expected, FED hikes 0BPS and Powell says nice things about future.

3utt5lut

Imagine Powell dropping a 100BPS bomb tomorrow?

FldLima

Current rate probabilities Pause: 5% 25 BPS: 95% 50 BPS: 0%

SmeshU

Spx and its futures are trading at a 40BPS difference MY GOD

xavierwest888

Markets have "priced" in the 50 BPS, thus the huge recent downwards jump in the markets followed by sideways movement today. If you are reacting to this news today you're already too late and are probably the sort that sells low to "time" the market only to buy in after it jumps 10%...

EngineeringFinal3419

So we’re gonna have to wait until the 14th March then? Any predictions for the BPS? 25 or 50?

Gr8WallofChinatown

6% not likely. 5ish yes. Inflation just isn’t going down fast enough. They will have to do more damage to tame it but the reality is that inflation will be stuck at 4%. 4 is the new 2. Too bad this sub thought inflation war was over last BPS hike when they failed to realize CPI was a lagging indicator

shakingspheres

There's a possibility the rate hikes we've been getting so far may not be enough to tackle inflation, so a soft landing would not materialize. Three more 25 BPS rate hikes are expected, but if JPow changes his mind, an actual recession is on the horizon. Stocks will react negatively and so will crypto. Plan for a turbulent year.

shakingspheres

Let's say that, contrary to popular sentiment, they announce a 50 BPS and everything dips 10-20% What are you buying?

shakingspheres

There's way too much confidence in a 25 BPS hike. Rates currently sit at 4.25%-4.50% after all these hikes that ended the 0% era: 25, 50, 75, 75, 75, 75, 50.... The pattern is obvious... too obvious. Everything points towards 25 BPS, which even makes sense if they're going to have 8 meetings this year to increase a further 2% before they settle on 6.25%-6.50% for a quarter or two before pivoting. Is there any reason the Fed would do 50 just to fuck with everyone? Would they have any justification?

shakingspheres

This month's paycheck is ready for whatever happens tomorrow. 25 BPS hike pump, dump and crab? Ready. 50 BPS hike dump, pump and crab? Ready. 75 BPS dump, dump, and dump? READY.

cannainform2

One would only think he'd be hawkish considering he does not want the stock market to rally yet. I'm secretly (well not so secret now) hoping he raises 50 BPS!

TarkovReddit0r

They will 100% raise by 0.25 no worries. It’s more about for how long they’ll keep it up or if they do another 25 BPS

shakingspheres

It won't pivot, it'll reduce BPS increases, hold, and then start reversing at the end of this year or beginning of the next one.

JERMYNC

Well let's hope for the 25BPS so can go to 25k

TarkovReddit0r

In case anybody cares here’s some which analysis where things might go the next week: Bitcoin is holding very well after the parabolic short squeeze that surprised everyone. Breaking the 200 MA attracted a lot of traders back fueling even more green. Generally the macro economics are looking better which is the main reason for the 2023 green also clearly visible in the stock market. Inflation being under control is priced in, rate hikes priced in and avoiding a full recession let’s the market react very euphoric. Economy is still strong same as consumer confidence even after all the rate hikes & inflation. The problem: chance for a double inflation cycle. The fed knows cooling down to 4-5% YOY ( CPI is a lagging indicator they are already way closer to their 2% goal ) is not sustainable enough therefore it’s a question how long the rate hikes will stay up until they fully pivot. ( 25BPS is somewhat already a pivot ) Fully pivot means fed basically tells the market they’ll weakening the dollar which can temporary fuel all assets but usually only occurred when things already looked really bad ( which is not the case ) 25 BPS rate hike will most likely happen ( almost guaranteed ) and the entire market expects it. If they actually out of nowhere hit it with a 50 BPS you can expect a sharp dump of 6-10% on BTC and across all crypto assets on just the news and more next days. If the fed is hawkish or has hawkish plans after announcing 25 BPS it’s gonna be blood similar to the last announcement. If they actually sound positive after the 25 BPS announcement it could easily lead to a 25k+ BTC and holding that range

TarkovReddit0r

No it’s the GDP not cooling down, inflation still being up and PCE coming in most likely hot tomorrow 25 BPS will happen but Jpow will be hawkish af

TarkovReddit0r

basically economy is slowing down which was somewhat bullish causing lots of green in the pre market and at open until the fed suddenly announce that a 50 BPS hike might be possible / discussed. Consider the 93%+ priced in 25 BPS the uncertainty & profit taking hit the market quickly