Keeta Network: The Potential and Challenges of a New Public Chain

Recently, Keeta Network has attracted widespread attention in the cryptocurrency market as an emerging Layer-1 solution. This project claims to achieve a transaction processing speed of up to 10 million TPS, a transaction finality time of 400 milliseconds, and extremely low transaction fees. Keeta also asserts that it natively integrates multi-token support, a scalable permission system, atomic swaps, and a digital identity and compliance framework.

These remarkable technical indicators far exceed existing payment systems and 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 only a few thousand transactions per second. Even the so-called high-performance Solana claims a TPS of only about 65,000.

From a technical perspective, Keeta adopts a hybrid architecture of dPoS consensus mechanism and "virtual Directed Acyclic Graph" (virtual DAG). This combination theoretically has the potential to achieve high throughput, but it also faces trade-offs concerning security and decentralization. The test results mentioned in the Keeta white paper show a maximum TPS of 13 million, but only 5 nodes participated in the test, raising doubts about its actual reference value.

Currently, Keeta's testnet is live. According to the data from the testnet explorer, the current TPS is generally maintained below 5000, with a total transaction count exceeding 890 million. However, key information such as the source of these test data and the current number of testnet nodes remains unclear.

One important reason why the Keeta project quickly attracted market attention 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. In addition, Keeta's CEO Ty Schenk was formerly a partner at Steel Perlot, and this "Google halo" has added considerable credibility to the project.

The governance token KTA of Keeta quietly launched on the Base chain in March 2025, and this MEME-like listing method has sparked market discussions. Starting from May 6, the price of the KTA token surged significantly, with a maximum increase of over 8 times. However, this wave of increase seems to lack clear driving factors.

Although Keeta has a strong team background, its community ecosystem and market transparency still need improvement. The activity level of official social media channels does not match its market popularity, and developer participation is also low. In addition, there are some opaque aspects regarding the distribution and holding of KTA tokens.

Overall, Keeta Network has shown the potential to become an industry disruptor, but it also faces numerous challenges and uncertainties. Investors and market observers need to be cautious of potential risks while focusing on its opportunities. Whether Keeta can turn its ambitious technological goals into reality remains to be seen.