($HTN) Hoosat Review! A Kaspa Fork Low Cap Gem! Hugh Potential?!?!

[Music] welcome back to underground crypto we are here with another deep dive one of these low market cap potential gems are they gems are they rug PS we don't know got an interesting one for you today this htn it's on our favorite noname exchange it g jix it'll you click Market it'll automatically take you to spot market then you're going to want to click new listings that'll bring you to where we are now I believe it just got listed let's see 319 oh so it was a couple of days ago um the last couple reviews that I've done were not from from a gig so I have not been checking they're newly listed in the last couple days but if you can see we only have three new listings since the last time Conan is the last one I

remember seeing um maybe we'll cover these other ones maybe we won't they are very small um whoat Network that's what we're going to be covering here remember I am not a financial advisor nothing I say or do should be taken as Financial advice if you need a financial advisor go get you one and um yeah please like share subscribe this is still a pretty new YouTube I've been pretty happy with the growth and things so far um up to almost 70 subscribers now so that's pretty cool um yeah let's hop right into this let's see they got a $1.8 million market cap circulating Supply 219 but it's not as relevant cuz 219 is that they're you know fully diluted or is that just what's out right now let's hop over to their website I see it says start mining

up here so this must be a proof of work coin um it says network is now live so that's a good sign if that's true the whoat network a new blockchain project built on a powerful Foundation the Caspa blockchain with its innovative ghost dag protocol so it is built on Caspa blockchain is what it looks like that is certainly a good sign let's see read the white paper what happens if we click that see how long this is before I commit to reading an entire white paper that's almost like a video by itself let's read this one though what is a ghost a ghost a stands for greedy heaviest observed subtree directed a cyclical graph not going to pretend I really know what that means vaguely it's a complex term but here's the key takeaway unlike traditional blockchains ghost

dag allows for much faster transactions by processing them simultaneously this is a game Cher for scalability and transaction speeds even better Caspa achieved this without sacrificing security making it a robust solution for various blockchain applications that's cool I hear the term ghost dag a lot I wasn't really sure what exactly it meant so that's definitely worth knowing uh centralization through mining is the challenge all right well the white paper is here if you want to read it I don't feel like most of you really want me to read the entire white paper to you that might get a little bit dull let's go ahead and continue with their website they have some different things here trade ogre I've heard before never heard of JJ pool mining pools xool Miner seems like some things that would be very much in

your your know about if you were a used to mining stuff ghost a protocol Asic restraint accelerated transactions via ghost stag the greedy heaviest observed subtree directed a cyclical graph whoat Network allows for much faster transactions through whatever that word is processing I don't even want to attempt that word I'm going to sound like an absolute fool a synchr genous probably shouldn't have did it should I all right that's very interesting I'm glad that we have ghost stag and we don't have to say that whole greediest heaviest observe subtree directed a cyclical graph every single time that would be annoying so then it has this thing down here it says Blake three not sure exactly what that is like you click the different things and it just turns the coin around is that all that does okay faster scalable

decentralized whoat Network tackles the blockchain tra trilia I don't know I don't know what that word is by utilizing advanced technology for higher throughput security and decentralization optimize for scale scaling doesn't have to compromised security or decentralization when utilizing Next Generation technology like ghost AG Blake 3 or Pyon hash I assume that's the project Pyon that uh I do own a little bit of not a lot highly accessible Asic resistant reduces the advantage of an accessible and specialized Hardware leveling the playing field for more broadly available devices such as gpus this increases participants reducing the concentration of mining power to a few censorship resistance utilizing proof of work the network cannot be stopped it is operated by the people that would be very much like Bitcoin it's really interesting I do always in a lot of projects they say

this right here the highly accessible kind of narrative that they somehow balance it out so you can actually mine with a gpus gpus are what a lot of people have in their computers if I'm not mistaken um but every time I go to actually mine with them or I go into the discords everybody says if you don't have an Asic minor that there's really no point it's not profitable and then the not profitable thing is that when the price goes up or is that just where it is right now uh that that does vary more than a network it's the people's network with Fair principles for crypto for toomics fair distribution be your own bank that is always the mission for sure self- custody is the first step to being your own bank bank I click some random thing

and we're back to the white paper all right the user first platform thriving ecosystem whoat Network comes with everything you need to Traverse the crypto world it's got full nodes what is going on now I wanted to read that come back okay that's interesting had full nodes and whatever else it said cuz it moved and it won't let me go back oh there's the arrow never mind stand corrected so secure the network by operating in node okay of course web wallet they have that they have a blockchain Explorer as most blockchains do mining pools and a Vibrant Community on looks like Discord why who sat Network it's a good question blockchain technology costs millions in research and development we take the latest and greatest Tech and give it to the people sounds great proof of work Mining and validators

and improved toomics and as6 Asic resistance those are all very interesting things ghost D which we've come I've come anyway to know what ghost AG actually stands for um BL Blake 3 algorithm this allows us to increase cryptograph hash hashing speeds and increase security when compared to blockchain utilization Shaw 256 and heavy hash designed to be energy efficient and core dominant allowing for successful mining with gpus fpgas and potential specialized mining equipment in the future the khey hash algorithm utilizes matrix multiplication framed into two key cags making it distinct in its operation I'm not familiar with the keyag thing a lot of mining stuff here I'm not a miner I have heard a lot of you know rhetoric around mining for years but I don't personally mine anything it is a Casp of fork open source Community Driven brand

new freshly launched blockchain gives everyone a fair chance to mine htn with your own CPU GPU you can even join a pool if you want as network is global so I thought this was built on the actual ual Caspa blockchain seems like they're a fork of Caspa so they're basically a copy of Caspa hopefully I have that correct um if anybody knows any different please put that in the comments I do look at them and what do we got first decentralization if you don't know what decentralization is by now um you haven't been in the space very long that's for sure scalability which is very important and of course security I'm sure there's a lot of words there I don't think they have a lot of value so let's move on the people's blockchain take control of your own

crypto the world keeps spinning blockchain keeps hashing networks don't wait says get started bottom of the website we do have a Twitter which I would have preferred if it opened in a new tab but oh well we will follow them let's take a look joined in March of 2024 so this month even though we're kind of coming to an end here they have 700 followers I don't know when they joined but that could be pretty decent yeah this is just their pin comment looks like when they got listed so that's good some Reddit two hours ago 52 seconds ago so they're they're new but they seem to be you know making posts every day and stuff we got some artwork it's always good to see I mean I guess this makes this a layer one right this is a

layer one um they've changed their logo all right well looks looks pretty good over here as far as a gut rating of this coin guys I would not 100% sure how I feel about it to be honest website looked pretty good A lot of the things they said looked pretty all right not a very big market cap very brand new I do like that it's minable if they're able to actually let GPU mining um be profitable or at least make a decent amount of coin that would make me more bullish on it for sure because then I know more people are going to participate um in the network therefore more people will care about what's going on with it or buy the tokens uh I think I would have felt better if it was like a part of um

the the Caspa Network you know but I apologize for the phone call I just got that sucks but we're not going to edit out anyways yeah I would feel better if it was part of the Caspa Network it's like they forked Caspa but you know when when a project decides to Fork another you know Project's code and kind of do their own thing it makes you wonder like do they are they now a competitor to Caspa um I'm sure that they're probably not trying to compete with Caspa because Caspa has been around and has a lot more notoriety a lot more attention on it than they are going to just randomly popping up so does kind of make you wonder what what is their purpose what exactly is going to be their Niche what exactly is it that they're

going to I guess try to improve from Caspa cu the question is if Casp is good why do we need whoat Network that's that's really the question I think here are they going to work in tandem with Caspa or are they going to compete against Caspa do they think they have do they think they have you know the next version of Caspa that's even better than Caspa because that is how these things do progress we don't know I guess time will tell um maybe a good thing to get into while it's small see if we can go ahead and check out their Discord but yeah as far as a got feeling I'm going to give it like a four I think it's got some things going for it but it's also brand new and I don't think it's gotten

a lot of exposure which could be a good time to get into it could be not such a good time to get into it because it might fail so you some people I think would say let's let it you know get to at least 5 six1 million market cap so that we can feel like um it's going to make it other people would jump in right now maybe not AP in but jump in right now and just really hope for some some big returns we want to go straight for announcements here yep add a GJ seems to be the most prevalent news with this project just seems to be the igix listing all right guys well thanks uh for watching this video if you know anything about this project or just enjoyed the content please like share subscribe and

comment and if you comment I will look at them have a great day crypto Ron signing out