Keeta Network: A New Layer-1 Project with Both Potential and Doubts

In the cryptocurrency market, there are many new projects challenging the existing technological limitations, and the recently spotlighted Keeta Network is attempting to break through the "impossible triangle" in the payment sector. With eye-catching features such as "millions of TPS" and "built-in compliance," along with its token KTA experiencing a maximum increase of 8 times since May of this year, Keeta has quickly become the focus of the market.

However, beneath this dazzling investment halo, does Keeta really have the potential it claims? Let's delve deeper into this.

Technical Vision: The Feasibility of Millions of TPS

Keeta Network is positioned as a revolutionary Layer-1 solution aimed at integrating global payment networks and facilitating the efficient circulation of physical assets. Its core technological objectives include:

• Transaction processing speed of up to 10 million TPS
• 400 milliseconds final transaction confirmation time
• Extremely low transaction fees (reportedly only a few cents)
• Native integration of multi-token support
• Scalable Permission System
• Atomic swap feature
• Digital identity implemented through X.509 certificates and KYC/AML compliance framework

The concept of 10 million TPS is astonishing. In comparison, Alipay's processing capacity during peak periods such as "Double Eleven" is about 544,000 transactions per second, while Visa's global network averages several thousand transactions per second, peaking at tens of thousands. Keeta's claimed processing capacity not only far exceeds these centralized payment giants but also significantly outpaces existing mainstream public chains (such as a certain public chain claiming about 65,000 TPS).

From a technical perspective, Keeta adopts a hybrid architecture of the dPoS consensus mechanism and "virtual directed acyclic graph" (virtual DAG). The dPoS mechanism has been applied in several well-known public chains, with its advantages being high efficiency, but it may lead to a certain degree of centralization due to the limited number of block producers. The DAG structure theoretically possesses high concurrent processing capabilities, but also faces challenges such as high computational overhead, complex confirmation rules, and specific attack vulnerabilities.

Keeta claims that its "virtual DAG" is an innovative design, but it mainly provides design concepts and goals in its white paper and existing technical documents on how it overcomes the above challenges and achieves millions of TPS, lacking more implementation details and results.

The test results published in the white paper show that the maximum test TPS reached 13 million, but only 5 nodes participated in the test. Whether the test results in such an environment have practical reference value remains questionable.

Overall, Keeta's technology promotion is appealing, but it still resembles a beautiful "black box" at the moment. Before the core data is validated, the code subjected to rigorous scrutiny, and the governance model clarified, the market's enthusiasm may stem more from a bet on its "potential" rather than a confirmation of its strength.

Market Heat and Capital Background

The Keeta test network has been launched, but the current TPS is basically maintained below 5000. The number of transactions displayed has exceeded 890 million, but there is a lack of detailed information about the sources of this test data and the current number of nodes in the test network.

Despite the key data being somewhat ambiguous, Keeta has still generated significant market attention in the short term, with its token KTA experiencing a notable increase in May 2025. This attention is largely attributed to the investment and endorsement from the former CEO of a well-known tech company. In 2023, this CEO, along with a venture capital firm, led a seed round financing for Keeta of up to $17 million and took on the role of project advisor. Additionally, the CEO of Keeta was also a partner at the venture capital firm.

In March 2025, Keeta's governance token launched on a certain chain in an unexpected manner, sparking market discussions. Starting from May 6, the price of the KTA token began to surge significantly, with a peak increase of over 8 times. However, discussions on social media regarding the reasons for the rise of KTA seem to lack a clear source.

Potential Risks and Uncertainties

The Keeta team is quite strong. The CEO has relevant entrepreneurial experience, while the CTO has previously worked at a well-known cloud service provider and a cryptocurrency foundation.

However, examining its community ecosystem and market transparency, Keeta's performance appears somewhat complex. Although official social media channels have been established, community activity and developer participation do not seem to fully match its market popularity. As of May 20, Keeta's official social media followers number approximately 12,000. The information released officially is largely focused on technical objectives, while information about other partner organizations is relatively scarce.

The KTA token is currently primarily listed on decentralized exchanges and has not yet entered mainstream centralized exchanges. In terms of token economics, the community allocation ratio is 50%, with 80% unlocked in the initial phase, and the remaining unlocked over 48 months. However, the community incentive plan and standards were not clearly defined in the initial phase, and the specific controlling parties of the token remain unclear. As of May 20, there are 72,000 holders of KTA, and some large holder addresses received their tokens from smart contract allocations, but the basis for the allocations is still unclear.

In summary, Keeta possesses certain elements to become a "potential stock" in terms of funding background, technical narrative, and team experience. However, it still has significant shortcomings and uncertainties in several areas, including information transparency, core technology validation, community ecosystem development, and long-term risk control. If these potential issues cannot be effectively resolved, even the most brilliant halo may only be fleeting.

Keeta currently presents a complex situation of both potential and risk. It could become an industry disruptor, or it might fall back into mediocrity if it fails to deliver on its promises or cannot break through in the fierce competition of public chains. Investors and market observers, while paying attention to the opportunities it presents, need to be acutely aware of the risks lurking behind it and the many unanswered questions that remain. The future development of Keeta will depend on whether it can steadily transform grand technological goals into reality.