Keeta Network: Revolutionary Layer-1 Solution or Just Hype?

Recently, a new "Dragon Slayer" has emerged in the crypto market - Keeta Network. This project has attracted a lot of attention with high-profile promotions such as "tens of millions of TPS" and "built-in compliance," and its token KTA has seen a maximum increase of 8 times since May this year, sparking market discussions. However, behind these eye-catching promises, does Keeta really have the strength to disrupt the payment field, or is it just another carefully designed marketing concept?

The Realism of Technical Commitment

Keeta Network claims to be a revolutionary Layer-1 solution aimed at unifying global payment networks and facilitating the efficient circulation of physical assets. Its core technological goals include: processing 10 million transactions per second (TPS), a transaction finality time of 400 milliseconds, extremely low transaction fees, and native integration of multi-token payments, an extensible permission system, atomic swaps, and a digital identity and KYC/AML compliance framework based on X.509 certificates.

These metrics far exceed the performance of existing mainstream payment systems and blockchain networks. For example, Alipay has a processing capacity of about 544,000 transactions per second during peak times, while Visa's global network averages a few thousand transactions per second. Mainstream public chains like Solana claim a TPS of about 65,000. Keeta's promise of 10 million TPS is undoubtedly impressive, but it also raises questions about its feasibility.

From a technical perspective, Keeta adopts a hybrid architecture of the dPoS consensus mechanism and a "virtual Directed Acyclic Graph" (DAG). The dPoS mechanism has been applied in public chains such as EOS and Tron, with the advantage of high efficiency, but it may result in a certain degree of centralization due to the limited number of block producers. The DAG structure theoretically has high concurrency processing potential but also faces challenges such as large computational overhead and complex confirmation rules.

Keeta claims that its "virtual DAG" is an innovative design, but the publicly available technical documents mainly provide design concepts and goals, lacking specific implementation details. The test results published in the white paper show that the maximum tested TPS reached 13 million, but only 5 nodes participated, raising doubts about the credibility of the test results in this environment.

Market Heat and Capital Background

Despite the technical details not being fully revealed, Keeta has garnered significant attention in a short time. One important reason is the investment and endorsement from former Google CEO Eric Schmidt. In 2023, Eric Schmidt and the venture capital firm Steel Perlot led a $17 million seed round investment in Keeta, with Schmidt also serving as a project advisor. Keeta CEO Ty Schenk was previously a partner at Steel Perlot. This "Google halo" has rapidly increased Keeta's visibility and market trust.

In March 2025, Keeta's governance token quietly went live on the Base chain in a manner similar to MEME coins, 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 KTA's rise seem to lack a clear source, leaning more towards vague discussions around price fluctuations and future expectations.

Potential Risks and Uncertainties

Although Keeta has certain advantages in terms of funding background, technical narrative, and team experience, there are still uncertainties in several areas:

1. Information transparency: Currently, the publicly available technical details and implementation plans are quite limited.

2. Core technology verification: The practical feasibility of millions of TPS is yet to be confirmed.

3. Community ecosystem construction: Compared to its market popularity, the community activity and developer participation seem to be insufficiently matched.

4. Token Economics: Although the official token distribution plan has been announced, the specific criteria and implementation details for community incentives remain unclear.

5. Long-term development plan: In the fierce competition of public chains, how Keeta maintains its competitiveness and continues to innovate remains a question.

Conclusion

The Keeta Network presents a complex situation where potential and risk coexist. It could become an innovator that disrupts the payment industry, or it might lose market confidence due to an inability to deliver on promises. Investors and market observers need to be clear about the potential risks while focusing on the opportunities it brings. Whether Keeta can convert its ambitious technological goals into reality will be key to its future development. On this challenging road, Keeta will also need to continuously prove its strength and value.