Bitcoin vs 
Kaspa
Both are proof-of-work coins with no pre-mine and no company, which makes Kaspa one of the few genuine architectural challenges to Bitcoin's model. Kaspa uses a block structure that allows many blocks in parallel rather than one chain, targeting far faster confirmation. Bitcoin's answer is that slow and conservative is the feature, and that fifteen years of uninterrupted operation is not something a newer design can simply claim.
12 months, both starting at 100 (AUD)
BTC → 68 · KAS → 41| Measure | BTC | KAS |
|---|---|---|
| Market cap | A$2413.4B | A$1.5B |
| Rank | #1 | #74 |
| Price | A$120,081 | A$0.0547 |
| 90-day change (AUD) | +35.9% | +36.9% |
| 12-month change (AUD) | −29.7% | −53.7% |
| From all-time high | −37.0% | −82.8% |
| Supply model | Capped: 21.0M max | Capped: 28.70B max |
| AU exchanges we verify it on | 5 | 3 |
About Bitcoin
Bitcoin is the original cryptocurrency, launched in 2009 by the pseudonymous Satoshi Nakamoto: a peer-to-peer digital money with a fixed supply of 21 million coins, secured by proof-of-work mining. It remains the largest crypto asset by value and the reference point the rest of the market trades against.
About Kaspa
Kaspa is a proof-of-work cryptocurrency using a "blockDAG" structure that allows many blocks in parallel, targeting Bitcoin-style fair-launch scarcity with much faster confirmation times.
FAQ
Which is bigger, Bitcoin or Kaspa?
By market value today: Bitcoin (A$2413.4B vs A$1.5B). Size measures money invested, not quality — but it does measure liquidity, which affects how easily you can buy and sell.
Which performed better this year?
Over the past 12 months in AUD terms: BTC −29.7%, KAS −53.7% — the chart above shows the whole path, which matters more than the endpoints. Past performance is no indicator of future results, in either direction.
Can I buy both in Australia?
Yes — both are listed on AUSTRAC-registered exchanges we verify. BTC appears on 5 of our reviewed platforms and KAS on 3. Compare costs first on the fee calculator, and remember every crypto-to-crypto swap between them is a CGT event.
Should I hold BTC or KAS?
That's a personal decision we don't make for you — this page exists to make the structural differences clear so the choice is yours. What we'd say to anyone: understand what job each coin is designed for, size positions like the risk is real, and check the honest failure statistics before going further down the market-cap list.
Data from our market records (powered by CoinGecko), refreshed with the daily rebuild. General information only, not financial advice — we compare structure and history, we don't pick winners.