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 Design Choices and its Role in Digital Currency**
In a recent tweet, Michael Sutton, a Distributed Systems Researcher and Developer, and one of the core developers of Kaspa, shared insights about the design and initial phase decisions of the Kaspa cryptocurrency. Sutton emphasized that the ballpark figure for Kaspa’s unit value was intentionally set at a substantial range, specifically 1000 times the order of magnitude over Bitcoin’s units. This decision aims to position a single “kas” to serve effectively as a daily medium of exchange, thereby fostering its use in everyday transactions.
Sutton highlighted that while the choice of this specific scale was logical, it resulted from a series of relatively random choices made by the community in the early stages of Kaspa’s development. He mentioned the introduction of random reward allocations ranging from 1 to 1000, which contributed to the establishment of the cryptocurrency’s economic structure.
The insights shared by Sutton reflect the broader goals of Kaspa to enhance the usability of cryptocurrencies by making them more accessible and practical for daily transactions. By establishing a base unit that aligns more closely with the value users expect from a currency, Kaspa aims to bridge the gap between traditional financial systems and the evolving digital currency landscape.
For more in-depth analysis and updates regarding Kaspa, including community developments and market trends, readers are encouraged to visit Kaspanews.net, the premier source for all the latest news and insights on Kaspa.