This week was a monumental one for the crypto industry, as the White House released its inaugural crypto report,  Strengthening American Leadership in Digital Assets. Keep an eye out for our in-depth article breaking down what this means for Kaspa and the broader ecosystem.

Kaspa news also shows no signs of slowing down. Layer 2 testnets are gaining momentum, and former Bitcoin maximalists are increasingly converting to KAS. A standout example is Vijay, who shared his journey in a live discussion on the Kaspa Silver YouTube channel. We also saw a great interview with @KaspaUnchained contributor and mining legend Christian Ludwig.

Meanwhile, two new social media platforms have launched for the Kaspa community, and decentralized swaps are heating up. Don’t miss upcoming talks on building Kaspa’s Layer 2—set your alarms and stay plugged in.

Bitcoin Irrelevance 

A clip from Presidio Bitcoin’s 21 in 21 Podcast, from April 2025, featuring Jack Dorsey, former CEO of Twitter (X), being interviewed by Haley Berkoe, has gone viral. In the clip, Dorsey is asked, “How could Bitcoin fail?” He responds, saying:

 “It fails through irrelevance. It fails to be relevant to people on a daily basis. If it just ends up being a store of value and nothing more, I don’t think it gains relevance at all. It has to be payments for it to be relevant in everyday life. Otherwise, it’s just something you buy and forget, and only use in emergencies, or when you want to get liquid again. If it doesn’t transition to payments and find that everyday use case, it gets increasingly irrelevant.”  

Ouch. We couldn’t agree more, and luckily, Kaspa solves this problem! 

To listen to the entire episode, please visit the Presidio Bitcoin 21 in 21 Podcast page. 

Why You Should Build on Kaspa: https://x.com/kaspaunchained/status/1950259826358902812

Christian Ludwig on XXIM 

Christian Ludwig, a prominent Kaspa advocate and miner, recently shared his journey from mining Ethereum to becoming one of the early champions of Kaspa, highlighting the project's technological innovation and potential to transform digital money.

First off, congratulations to Christian on the arrival of his second child—double the joy for the Ludwig household with two little ones now keeping the family busy!

Christian's introduction to Kaspa came at a pivotal moment in crypto history, the Ethereum transition to proof-of-stake. He recalls the announcement by Vitalik Buterin as a major turning point. "Vitalik announced the shift from proof of work to proof-of-stake... and ever since then, their dominance has fallen dramatically and not been a positive for Ethereum's project in my opinion," Christian explained. Facing diminishing mining opportunities, he and his partner searched for a new, profitable project. Their attention turned to Kaspa after discovering a tweet from Flux about hosting Kaspa nodes on a decentralized infrastructure, which led Christian to research Kaspa's proof-of-work model.

Christian was impressed by what he found:

"Kaspa is as close as it comes to having little to no trade-offs and to being the best form of Layer 1 money there is, now with smart contracts. Kaspa is meant to be used. It's lightweight, it's like digital silver. It's meant to be used because it's easy to use, cheap to use."

He contrasted Kaspa's user experience with Bitcoin's Lightning Network, criticizing the latter's complexity and limitations for mainstream adoption. He likened the Lightning Network to an IOU and called it unacceptable for pricing out half of the world's socioeconomic status. 

Kaspa's rapid block rate and ease of use allow it to serve as true peer-to-peer electronic cash, a vision Christian believes surpasses Bitcoin's current scope.

On mining Kaspa, Christian described a period of extraordinary profitability, especially during Kaspa's initial GPU mining phase and the early introduction of ASIC miners, stating that he had a 90% net profit margin in 2023. Which he deemed "ridiculous", as it was "wildly profitable."

Despite this, he acknowledged the challenges that came with the influx of institutional miners and broader macroeconomic headwinds that forced many to pause their operations. Stating that, rather than operating miners at a loss, he had to turn some off to maintain profit margins.

Beyond mining, Christian's passion for Kaspa has extended into investing and contributing to the ecosystem's growth, particularly through platforms like Kaspa.com and KNS. He expressed enthusiasm for Kaspa's developing smart contracts and DeFi capabilities: "I like to use the asset, and that's what's so special about Kaspa... It's a very fun playground." 

Christian also addressed ongoing debates between Kaspa supporters and Bitcoin maximalists, emphasizing that Kaspa fills gaps Bitcoin currently cannot, especially in speed and usability:

"Bitcoin has gone in a very different direction from my point of view. It's just become collateral–it's become the "safe asset". It's trying to replicate gold in this era. Right. And as you say, it's safe. It's slow. I can trust it. I think that's what it's all about. It's never going to become P2P cash, which Kaspa is aiming to be. And I think this is why I took a step back, and don't get involved in the debates."

He also sees Bitcoin enthusiasts coming to Kaspa for their new financial service applications. Stating "Lending on Kaspa is going to bring a lot of users, especially Bitcoin users who want decentralized, trustless ways to unlock collateral."

Looking toward the future, Christian foresees Kaspa becoming a major player in the crypto space and beyond, particularly in stablecoin usage and merchant adoption. He predicts 

"By 2030, I think we're going to see a lot of Kaspa adoption, lifting small businesses and empowering people in underdeveloped countries to have their own economies--using hard money that doesn't price them out of their socioeconomic status. This is going to be the first implementation and the first rodeo where we get to see that happen and positively affect the world." 

He anticipates Kaspa becoming one of the top crypto assets. "Kaspa is a top-three tech stack within crypto, or honestly, in my opinion, it's the best tech stack in crypto. But conservatively, Kaspa belongs in the top 10, no less."

Christian's holistic view combines technical confidence in Kaspa's design with belief in its community-driven adoption, positioning it as a transformative force for digital money in the years ahead. We wholeheartedly agree.

To learn more about Christian, please see our article titled: Kaspa Mining Series: Interview with Christian Ludwig. Make sure to follow Christian on X at https://x.com/christi61026749.  

Almost 5M Swaps on Testnet

Congrats to the Zealous Swap team, as the approach 5M swaps transacted on the testnet. Within the past month alone, they have seen 75.9M API requests, 635.7GB of raw bandwidth, and over 730K visits. They are currently running their incentivized ZEAL airdrop, so head over to the testnet to secure part of the airdrop. 

Zealous Swap +  MoonBound X Spaces This Wednesday

Set your reminders to tune into the Zealous Swap + Moonbound joint spaces on X, where they will discuss what it has been like developing on Kasplex, in their upcoming spaces, Building on Kasplex: Inside the L2 Revolution. It is to take place on Wednesday, August 6, 2025, at 1PM EDT. The space was originally set to be earlier in the week, so take note of the new date. 

New Swap on Kaspa 

KlearSwap, a truly decentralized exchange built natively on the Kaspa EVM (Kasplex Layer 2), is launching on the testnet tomorrow. With no third parties required, Transfer = Transaction, KlearSwap delivers on-chain swaps directly on the #Kas blockchain. Faucets are now live for select KRC20 tokens, and initial liquidity has been added for users to start testing right away.

Follow along for updates on their X account @KlearSwap.

Must Watch - Kaspa Silver x Vijay 

On August 2, 2025, Kaspa Silver hosted former BTC Maxi, Vijay, in a live channel interview. Vijay's first encountered crypto in 2016 at a conference, where he dabbled in ETH but remained skeptical of Bitcoin, at one point even dismissing it as a scam. His primary focus stayed on real estate, funneling those gains into index funds. But everything began to shift in 2022 when he revisited Bitcoin, eventually immersing himself in the BTC community in Seattle. By 2024, after being inspired by a Michael Saylor earnings call, he became fully orange-pilled, tuning into Bitcoin podcasts daily and reallocating capital, first from real estate, then from index funds, into BTC, all custodied by Fidelity. When someone introduced him to Kaspa just a month ago, his initial reaction was disbelief, calling it a scam. But probing questions about centralization, ICOs, and fundamentals sparked his curiosity. Now, having stepped outside the Bitcoin bubble he lived in for the past year, Vijay sees Kaspa's only real risk as its smaller market cap, and he's watching closely.

Kaspa Silver asked Vijay, "Do you believe BTC is money?" He responded that he originally thought it was the "perfect"money, based on the principles of decentralization, censorship resistance, self-sovereignty, transparency, immutability, and more. He mentioned that although he found Bitcoin to be the perfect form of money, most people do not care about transforming money. He continued :  

"If people don't care about centralization or censorship issues, I think Bitcoin is fine. The problem arises when it goes against the ethos of peer-to-peer, and so, do people value sovereignty?

Some of them do, but I'm thinking for 8 billion people, a lot of them genuinely don't even understand basic personal finance, let alone what's happening in the fiat monetary system, and then how Bitcoin was a possible solution. 

And suppose we're being honest with ourselves. In that case, I don't think it's going to be an issue for most people to be onboarded on a centralized platform, even if it is prone to censorship, even if it goes against the ethos of Bitcoin."

His recent discovery of Kaspa challenged those concerns. Built on proof-of-work, Kaspa offers internet-speed transactions without compromising decentralization or self-sovereignty. Vijay was drawn to Kaspa because it avoids common crypto red flags (no ICO, no centralization, and no shift to proof-of-stake). Instead, it presents a scalable and secure alternative to Bitcoin, capable of supporting fast, low-fee transactions suitable for daily use.

Key contrasts explored in the interview include:

• Bitcoin's Layer 2 solutions like the Lightning Network offer faster transactions but rely on off-chain infrastructure and trust, introducing risks of censorship and centralization.

• Kaspa's fast Layer 1 architecture delivers decentralized, instant transactions secured by proof-of-work, without compromising on-chain integrity.

• Built-in smart contracts, NFTs, and tokens on Kaspa's base layer extend its utility far beyond digital gold—opening the door for stablecoins, real-world commerce, and innovative decentralized apps.

Vijay now views Kaspa as both a hedge and a potential alternative to Bitcoin. He expressed concerns that Bitcoin's scaling issues, high fees, and growing institutional influence could reproduce the same centralized flaws that crypto set out to fix. By contrast, Kaspa's user-friendly design and fast performance lower the barrier to entry for new users, including those outside the crypto-native crowd.

The conversation also touched on community culture. While Bitcoin maximalism can discourage innovation, Vijay praised Kaspa's openness and practicality. Use cases like merchant point-of-sale systems and peer-to-peer payments were highlighted as natural fits for the network's speed and low fees.

In conclusion, Vijay stressed the importance of self-custody, base-layer utility, and freedom from centralized gatekeepers. In his view, Kaspa embodies these ideals more effectively than any other proof-of-work blockchain today. It was especially compelling to watch Vijay think critically in real time, asking tough questions and reassessing his prior assumptions. His process offered a valuable glimpse into how thoughtful digital asset investors evaluate emerging technologies—not just by hype, but by principles, architecture, and long-term viability. We are happy to see an increasing number of people becoming open to Kaspa, and we look forward to welcoming them to the Kaspa family. 

Check out the full episode here. 

Kaspa Gets Social 

Big news for the Kaspa community! A brand-new social media platform, simply called K, is being built on the Kaspa network by @ReLeomerda. This platform stands out with its radical commitment to decentralization and freedom: no censorship, no central authority, and a cost of just 1 KAS for up to 50,000 posts and replies.

Here’s what makes "K" unique:

• True Decentralization: Users can self-host both the indexer and the web app, running everything from their own Kaspa nodes. This model ensures K can never be controlled by any single party, embodying censorship-resistant freedom.

• Hosted & Self-Hosted Options: For those who want a quick start, a hosted version will be available. For power users or privacy advocates, full self-hosting is supported.

• Open Source: The platform's code will be open-sourced in the coming days. Detailed documentation and a cleaned-up proof-of-concept will help the community understand and contribute to the project.

• Mobile-Ready: K features a fully responsive layout, making it accessible across devices, with further mobile solutions under exploration.

Stay tuned, this is a huge leap for social interaction on Kaspa, embracing the network's ethos of openness and decentralization!

Verum - Another Social Protocol 

Verum is a decentralized social protocol built on the Kaspa blockchain, designed to be completely free to use and open to all. Contrary to early misconceptions, users do not need to pay 1 KAS per post. Actions like posting, creating an account, or unsubscribing are transactions sent to the user’s own wallet, with only a minimal gas fee. Interactions like commenting, liking, or subscribing send KAS directly to other users, enabling true peer-to-peer support for creators.

The protocol operates without a centralized indexer or backend server, allowing any developer to build on it freely. A draft web interface is already live and will be open-sourced for community use.

Explore the protocol and frontend at: github.com/pichukov/verum.