Keeta Network: New Public Chain Challenges the Payment Field's "Unholy Trinity"

Recently, Keeta Network has quickly become the market focus with its high-profile promotions such as "tens of millions of TPS" and "built-in compliance", as well as its token KTA rising up to 8 times since May. However, beneath this dazzling investment halo, is Keeta truly a potential unicorn, or just another meticulously planned concept hype?

Technical Promotion: The Authenticity and Feasibility of Millions of TPS

Keeta Network positions itself as a revolutionary Layer-1 solution aimed at integrating global payment networks and facilitating the efficient circulation of physical assets. Its core technical objectives include: achieving processing speeds of up to 10 million TPS, a transaction confirmation time of 400 milliseconds, extremely low transaction fees, and native integration of multi-token support, scalable permission systems, atomic swaps, as well as digital identity and KYC/AML compliance frameworks implemented through X.509 certificates.

The concept of 10 million TPS far exceeds the processing capacity of traditional payment giants and existing mainstream public chains. For example, Alipay's processing capacity during peak periods is about 544,000 transactions per second, while Visa's global network averages several thousand transactions per second. Such a huge discrepancy inevitably raises questions about the authenticity and feasibility of its technical indicators.

From a technical perspective, Keeta adopts a hybrid architecture of dPoS consensus mechanism and "virtual directed acyclic graph" (virtual DAG). The dPoS mechanism has advantages in terms of efficiency but may lead to a certain degree of centralization due to the limited number of block producers. The DAG structure theoretically has high concurrent 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 there is a lack of detailed explanation in the existing technical documentation on how it overcomes the aforementioned challenges and achieves tens of millions of TPS. The test results published in the white paper show that the maximum test TPS reached 13 million, but there were only 5 nodes participating in the test, raising doubts about the reference value of the test results in such an environment.

Market Heat and Capital Background

The Keeta testnet is now online, and the current TPS is generally maintained below 5000. The number of displayed transactions has exceeded 890 million, but there is a lack of more information regarding the source of these test data and the current number of testnet nodes.

Despite key data remaining unclear, Keeta has sparked significant market attention in the short term, with its token KTA experiencing a notable increase in May 2025. This attention mainly stems from its investment background and listing strategy:

1. Investment Background: Former Google CEO Eric Schmidt and 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.

2. Listing Strategy: In March 2025, Keeta's governance token will be launched on the Base chain without prior notice, sparking market discussions.

3. Price Performance: Starting from May 6, the price of KTA tokens rose from a minimum of $0.1 to a maximum of $0.83, an increase of more than 8 times.

Potential Risks and Uncertainties

Although Keeta has the characteristics of a "hidden gem" in terms of funding background, technical narrative, and team experience, there are still obvious shortcomings and uncertainties:

1. Information transparency: Community activity and developer participation do not match market enthusiasm.

2. Token Economics: The community incentive programs and standards are not yet clear, and the token acquisition methods for large holder addresses are opaque.

3. Exchange Launch: Except for some DEXs, the listing of KTA on mainstream exchanges is limited.

4. Technical Validation: Core technical details and actual performance data lack adequate verification.

5. Ecological Construction: The ecological development of the community is relatively lagging.

Keeta currently presents a state of both potential and risk. It could become an industry disruptor, or it may lose its appeal if it fails to deliver on promises or cannot break through in intense competition. Investors and market observers need to be aware of potential risks while focusing on opportunities. The future development of Keeta depends on its ability to steadily transform grand technological goals into reality.