Kaspa Nears 95% Supply – Flash Crash Sparks Debate

Hey, welcome to Kaspa Daily Pulse – here’s what the Kaspa community’s been buzzing about today.

First up, the mood after the big market jolt. Multiple voices rehashed last week’s flash crash and its whiplash recovery, blaming sudden headlines and broad liquidations. One poster even recapped it as “a flash crash” triggered by a tweet, followed by another tweet and a bounce, adding that around “19 billion” got liquidated across markets… and that, at the very least, KAS “got cheaper.” The thread’s vibe? Battle-weary but still here.

Second, emissions and supply chatter. Holders circled around the claim that Kaspa is “93% mined” yet still under “10 cents,” with some saying they’ll reassess if we’re still sub-10c at “95% mined” within “6–8 months.” Debate flared over whether Kaspa has halving “cycles,” with others clarifying the ongoing “1/12thening” style adjustment that avoids classic cliff-halvings. The takeaway: people are watching supply milestones closely as a potential catalyst—or a deadline.

Third, tech corner: zero-knowledge talk got real. One convo estimated a zk proof could require “64 RTX 5090s,” roughly “about 7 minutes on a single GPU,” and—assuming cloud rates—“around 4.2 cents per proof.” That was paired with hope that a competitive proving market keeps costs to “a few cents.” It’s early-stage napkin math, but it signals active interest in how ZK could fit into Kaspa’s scaling story.

Fourth, fee-market research buzz. A contributor mentioned “freshair” working on Kaspa with a design inspired by “Redesigning Bitcoin’s fee market.” It’s the kind of inside-baseball that doesn’t move price today but hints at methodical plumbing work—exactly the stuff protocol diehards love to see.

Fifth, community friction: a censorship dispute. Some posters said they’re upset about “kasplex & censoring block explorers,” arguing that flagging suspicious activity is fine, but censoring data isn’t. Others echoed that ignoring trade data “distorts things.” The sentiment here matters: transparency tools are culture, and culture keeps people building—or packing bags.

Quick hits before we go: there’s lingering fear after the drop from roughly “7 cents to 1 cent in less than an hour” (one holder said they’re still holding despite that gut-check), while another commenter framed the broader crash as “only 700 million dollars of BTC” sparking a “0.5 trillion” wipeout—colorful, and a reminder of how fragile liquidity can feel right now. Still, you can hear the steady drumbeat: DCA, conviction, and “to Valhalla or zero.”

That’s it for today’s pulse. Let’s see what tomorrow brings. Catch you then.