Blog | Dingocoin

Kaspa vs Dingocoin: How We Stack Up

Both Dingocoin and Kaspa are proof-of-work projects aiming to offer quick, efficient transactions for real-world use. They both rely on PoW, but while Kaspa has gone in a new-tech direction (blockDAG, experimental architecture), Dingocoin has taken a tried-and-tested fork-of-Doge approach. On the surface, they share some similarities—both emphasize high speeds and robust security. However, questions have emerged about Kaspa’s decentralization model, especially after two recent articles—A Factual Account of the Kaspa Fraud Scheme and Kaspa Issues a Call to Action—highlighted potential concerns about governance, a disguised premine, and chain storage.

In this post, we’ll unpack how these issues might affect Kaspa’s long-term viability as a decentralized payment coin, then compare that approach with Dingocoin’s fair-launch PoW model.

Kaspa vs. Dingocoin at a Glance

Category Kaspa (KAS) Dingocoin (DINGO)

Content

≈$2.4B

≈$4.34M (smaller, offering more upside potential)

Algorithm

kHeavyHash (blockDAG approach)

Scrypt (merge-mined with Dogecoin and Litecoin)

Block Time

~1 second

~1 minute

Transaction Fees

Kaspalytics says ~$0.05–$0.10, but most transactions are done at a fraction of a cent.

Ultra-low (ideal for frequent usage)

Hash Rate (Network)

~1.42 EH/s

~1.97 PH/s

Throughput (TPS)

~300 TPS

~33 TPS on mainnet (~330 TPS on testnet)

Fair Launch

Fair launched, but allegations of a “disguised premine” due to lack of transparency of the early blocks

Entirely mined—no premine, no insider allocations

Age Since Launch

Launched late 2021

Launched mid-2021

Inflation (est. 2025)

~6.4%

~4.7%

Ecosystem & Adoption

Impressive speed & hash rate
Listed on over 30 exchanges

  • Nine centralized exchange listings and BSC bridge
  • Over 1M on-chain transactions
  • Flip App partnership for seamless crypto payments
Culture & Community

New tech but questions of fairness and chain completeness remain central to many prospective users.

20% meme-friendliness, 80% tangible progress; community-driven roadmap

Hashrate and Market cap taken from miningpoolstats.stream on 24 Feb 2025

Key Comparisons

1. Block Time & Speed

Kaspa
With a block time of around 1 second, Kaspa’s blockDAG structure aims for high throughput—reportedly about 300 TPS. Kaspa transaction fees vary. According to Kaspalytics, transactions can cost $0.05-$0.10, but by inspecting normal transactions, it seems most transactions are done at a fraction of a cent, which is competitive for everyday transactions. That said, real-world merchant adoption is still evolving, and blockDAG’s experimental nature could face unforeseen scaling hurdles if transactions surge dramatically.

Dingocoin
Running 1-minute block times and currently ~33 TPS, Dingocoin maintains a straightforward PoW approach but also has a testnet hitting ~330 TPS—planned for mainnet rollout. Its extremely low fees near fractions of a cent make it practical for tipping, micro-payments, and cross-border transfers. By sticking to Scrypt (merge-mined with Dogecoin & Litecoin), Dingocoin taps into a robust, established ecosystem for miner support.

Verdict
Kaspa’s blockDAG technology delivers raw speed on paper; Dingocoin remains more conventional but has a well-tested path to higher TPS. Both coins tout fast confirmations, though Kaspa’s experimental approach could require further stress-testing in widespread real-world adoption.

2. Fair Launch & Governance

Kaspa
Though billed as “fair launched,” allegations of a disguised premine (due to the questionable handling of early blocks) have cast doubts on its neutrality. The project’s governance also leans heavily on early backers, notably DAGLabs, and a community “call to action” for more funding. This setup may concentrate decision-making in fewer hands.

Dingocoin
Boasts a 100% fair launch—no insider allocations or premine. Governance follows a do-ocracy model, letting anyone propose and implement new features if the community sees value. By distributing mining among multiple pools and avoiding large insider stakes, Dingocoin keeps ownership open, mirroring the classic PoW ethos.

Verdict
Dingocoin’s zero-premine, open governance stands in contrast to Kaspa’s intriguing but sometimes opaque beginnings. For those who prioritize a clean origin story and broad community input, Dingocoin seems the safer bet.

3. Chain Transparency & Security

Kaspa
Instead of measuring security by raw hash rate (~1.42 EH/s), the more telling factor is the actual cost of acquiring enough hardware to perform a 51% attack—often called “Hash Dollars.” While Kaspa’s raw rate looks huge on paper, the real-dollar barrier is closer to $0.18B (see Miningpoolstats and Hash Dollars references), which is far lower than some older networks.

On top of that, chain completeness questions remain. Critics allege not all early blocks are stored or verifiable in a typical linear fashion—raising doubts about whether the chain can be fully audited from day zero. Finally, if large early investors hold a chunk of the hash or tokens, the network might be less decentralized than it appears.

Dingocoin
By contrast, Dingocoin’s Hash Dollar estimate reaches around $1 billion, making it roughly 5–6 times more expensive to attack than Kaspa—despite Dingocoin’s smaller raw hash rate (~1.97 PH/s). This synergy stems from merge-mining with Litecoin & Dogecoin, ensuring malicious actors would need to outcompete an entire Scrypt ecosystem. Furthermore, Dingocoin employs a classic, fully linear PoW ledger that’s been verifiable since its mid-2021 launch.
For more detail on how we calculate “Hash Dollars” and why it matters more than raw hash rate, see our Hash Dollars deep-dive.

Verdict
While Kaspa claims a high raw rate, its cost-to-attack stands at around $0.18B—significantly lower than Dingocoin’s near $1B. Coupled with allegations of incomplete early blocks, Kaspa may be more vulnerable and less transparent than its EH/s number suggests. Dingocoin’s time-tested ledger structure and much higher real-dollar security make it the clear winner for reliable, audit-friendly PoW.

4. Inflation & Future Potential

Kaspa
Emits around 6.4% inflation in 2025 according to its published schedule. While not extreme, it’s higher than some older PoW coins, possibly impacting store-of-value perceptions if not carefully managed. The market cap ($2.4B) reflects confidence but might be fragile if distribution controversies linger.

Dingocoin
Inflation stands at about 4.7% for 2025—enough to encourage ongoing mining without severely diluting existing holders. By keeping issuance steady and fees low, Dingocoin aims to maintain a sweet spot that fosters day-to-day spending rather than hoarding. Looking ahead, the upcoming throughput jump (~330 TPS) could make it even more appealing for merchants and casual crypto users.

Verdict
Both coins have moderate inflation rates, but Kaspa’s 6.4% edges above Dingocoin’s 4.7%. In a crowded market, user preference might hinge on whether they want slightly lower inflation (Dingocoin) or bet on Kaspa’s rapid blockDAG growth.

Conclusion

Kaspa wields a large market cap ($2.4B) and blockDAG speed, yet faces doubts about early block transparency and a possible premine that undermine its claim to be a fully decentralized coin. Its 1-second block time is undeniably impressive, but questions of fairness and chain completeness remain central to many prospective users.

Dingocoin, in contrast, opts for a well-understood PoW fork-of-Doge approach, merge-mined with Litecoin and Dogecoin. While its raw hash rate might look smaller than Kaspa’s, the real-dollar cost to attack is near $1 billion, providing robust security. Coupled with a fair launch, modest inflation (4.7% in 2025), and a do-ocracy governance model, Dingocoin offers a transparent, community-forward alternative in the PoW payment landscape—particularly for those valuing open ownership and time-tested code.

—The Dingocoin Guardians

Disclaimer: Here at blog.dingocoin.com and dingocoin.com we’re all about sharing our dingo-inspired journey for general info and good vibes—think of it like an open campfire chat, not a “how to get rich” playbook. We love talking about our community-driven PoW blockchain, but we’re not here to steer your financial decisions.

Remember: The crypto outback can be wild. Prices bounce around faster than a dingo on the chase, and any moves you make with DINGO are your own choice. We highly suggest you do your own research (DYOR!) and maybe chat with a pro before diving in. We don’t promise to send you to the moon—just provide a fair-launched coin, mined by the pack and for the pack.
Use it, enjoy it, but know the risks are yours to wrangle. No financial advice, no guaranteed windfalls—just Dingocoin in all its down-to-earth dingo glory