Reference

Claims reference: what people get right, and wrong

The claims heard most about Kaspa, each checked against its source, each verdict dated. This page is the long home of the fold that used to sit inside a chapter; nothing here changed in the move.

The claims you’ll hear most on crypto X, each checked, with the source linked in the answer.

• “Fair launch: no premine, no ICO.”

  True

  The node’s genesis block holds no coins. DAGLabs, the company behind early research, mined an estimated 2.5 to 3% in the first months, in the open. wiki.kaspa.org

• “No orphan blocks, no wasted work.”

  Mostly

  Honest blocks found at the same time are all kept. Blocks that show up far too late, or were hidden, are ordered last. They earn no reward.

• “Thousands of transactions a second. Infinite TPS.”

  Half true

  Capacity isn’t usage. On Nov 4, 2026 every fee level in the node’s own estimate was the same, so there was no queue to pay past: blocks weren’t full. Its designer: “scalability is the wrong fixation.” fee estimate · post

• “Instant finality.”

  Half true

  No proof-of-work coin is ever 100% final; certainty grows with every block. Kaspa’s claim is Bitcoin-hour certainty in 1 to 3 seconds. Fast, but not instant, and not absolute. post

• “Kaspa can’t do smart contracts.”

  Outdated

  Since Jun 30, 2026, coins can carry their own rules, checked by every miner (see Coins with rules). What it still lacks is Ethereum-style apps with shared state; that’s a prototype.

• “Kaspa is quantum-proof.”

  Not yet

  No coin that uses today’s signatures is. KIP-22, a precaution that hides public keys until coins are spent, is still an open proposal in the KIPs repository, not active (checked Nov 4, 2026). KIP-22 proposal

• “The inflation is too high.”

  Outdated

  New coins add about 2.3% a year at today’s rate, and the rate halves every year. The next twelve months add about 1.6% (figures from Nov 4, 2026). supply · schedule

• “Fees will pay the miners when rewards run low.”

  Unproven

  Today fees are a tiny share of miner income. Critics call this a security budget cliff; supporters reply that Bitcoin faces the same test. Both are right that it’s the test. critic · supporter

Verdicts checked Nov 4, 2026. A claim that moves gets its verdict and date updated together.