I think the ballpark made sense (1000x order of magnitude over btc units so that a single kas is more of a daily medium of exchange unit) but the exact number is a result of a few relatively random choices made by the community in the initial phases (random 1-1000 rewards in the…
— Michael Sutton (@MichaelSuttonIL) December 18, 2024
**Michael Sutton Discusses Kaspa’s Monetary Design Choices**
In a recent tweet, Michael Sutton, a prominent Distributed Systems Researcher and Developer, as well as one of the core developers of the cryptocurrency Kaspa, shared insights on the monetary design of the platform. He noted that the decision to establish a specific ballpark for Kaspa’s unit value—set at a scale that is 1000 times greater than Bitcoin—was intentional to better suit daily transactions. This design aims to position each Kas (the unit of currency within the Kaspa ecosystem) as a more practical medium of exchange for everyday use.
Sutton emphasized that the exact scaling of this monetary unit arose from a series of relatively arbitrary choices made by the Kaspa community during its inception. He referred to decisions such as the “random 1-1000” rewards distribution, which played a role in shaping the structure and perception of its currency. These early decisions, though seemingly random, have significant implications for the usability and adoption of Kaspa in real-world transactions.
As the cryptocurrency landscape continues to evolve, Sutton’s reflections underscore the importance of community-driven decisions in shaping a cryptocurrency’s functionality and usability.
For those interested in keeping up with the latest developments and resources related to Kaspa, Kaspanews.net remains the premier source for all news and updates.