Bitcoin will always stand out to be the most prominent project in crypto, you want to know why? The team have delivered a good job, they've mapped out solid roadmap and will always focused more on bringing excellent outcome for the project. Bitcoin have been in existence for decades and striving, not a difference is been sparkled because it entirely control the market with the bull and bear candles formed.

Kaspa project can be done codedly but with the heavy noise in the market, it seems the team behind this project will have some tough time finding this curable procedure. We know the damages that comes when crypto volatility arrives, everyone tends to be extremely careful not to step an inch on the wrong foot because he or she knows exactly what it means.

FOMO is the only thing that helped bitmain to sell their garbage asic. How can bitmain sell their asic if there was no FOMO to help em get demand for their asic?





Once kaspa will reach its total supply and the dev has no more income and im sure that will be making another coin. This is the bad trend that is still continuously happening in the crypto industry. When your project failed or you have no room anymore to make profit from there as a project owner, then make a new one.
You will get it soon. ETF approval is pushing all of regulators are aware about crypto regulatory framework must be done as soon as possible. Even though many people may argue if we are decentralized and we don't need regulation but regulators totally aware about whole of problems in the crypto especially related to the frauds and hack.

I have also some doubts about Kaspa, but for another reason.

I maintain lists of non-premined coins in several subforums here and on Coingecko, because I'm simply interested in the topic (Basically, I think premines are a decentralization problem, and above all newer altcoins often have very large premines due to ICOs or them being PoS-only from the start, like Solana).

Kaspa is a coin which had no "official" premine, it was supposedly "fairly launched" via PoW from the start on. However, there are some characteristics that may be red flags:

First, mainnet start was only announced in a Discord group. A few weeks later, the Kaspa thread was started. People who posted on this threads were almost all new accounts, so it could have been the founders themselves posting under different sockpuppets.

Second, there is not much info about the first blocks and transactions. Kaspa has a pruning scheme which can be described in a simplified way that it deletes old blocks. But their block explorers are also intransparent, they have no block numbers but instead a "DAA Score", but you can't simply search for the lowest block it seems. At least, I would be thankful for a method to do that

Third, there seems to have been an event where the blockchain was restarted in some way, see here for example, and this document.

So you can imagine that while I've accepted Kaspa in my list, if I was to add a "trust" score to that list, they would be at the lower end (together with Dash, which was also instamined). And while I've a bit a difficult time to understand the "conspiration" in the OP it's interesting to see that I'm not the only one seeing something potentially fishy.

FOMO is the only thing that helped bitmain to sell their garbage asic. How can bitmain sell their asic if there was no FOMO to help em get demand for their asic?


https://kasmedia.com/article/three-woes


Once kaspa will reach its total supply and the dev has no more income and im sure that will be making another coin. This is the bad trend that is still continuously happening in the crypto industry. When your project failed or you have no room anymore to make profit from there as a project owner, then make a new one.
You will get it soon. ETF approval is pushing all of regulators are aware about crypto regulatory framework must be done as soon as possible. Even though many people may argue if we are decentralized and we don't need regulation but regulators totally aware about whole of problems in the crypto especially related to the frauds and hack.

FOMO is the only thing that helped bitmain to sell their garbage asic. How can bitmain sell their asic if there was no FOMO to help em get demand for their asic?





Once kaspa will reach its total supply and the dev has no more income and im sure that will be making another coin. This is the bad trend that is still continuously happening in the crypto industry. When your project failed or you have no room anymore to make profit from there as a project owner, then make a new one.
You will get it soon. ETF approval is pushing all of regulators are aware about crypto regulatory framework must be done as soon as possible. Even though many people may argue if we are decentralized and we don't need regulation but regulators totally aware about whole of problems in the crypto especially related to the frauds and hack.

It would work, in the sense that the 50% attack remains hard to carry out, but the number of transactions per second would be really low. Too low to be of any use.
We're working on an extension that would fix that issue as well. It's a bit too early to tell if we'll be able to close all the holes. I haven't thought of it as a solution for an interplanetary currency though 

I have also some doubts about Kaspa, but for another reason.

I maintain lists of non-premined coins in several subforums here and on Coingecko, because I'm simply interested in the topic (Basically, I think premines are a decentralization problem, and above all newer altcoins often have very large premines due to ICOs or them being PoS-only from the start, like Solana).

Kaspa is a coin which had no "official" premine, it was supposedly "fairly launched" via PoW from the start on. However, there are some characteristics that may be red flags:

First, mainnet start was only announced in a Discord group. A few weeks later, the Kaspa thread was started. People who posted on this threads were almost all new accounts, so it could have been the founders themselves posting under different sockpuppets.

Second, there is not much info about the first blocks and transactions. Kaspa has a pruning scheme which can be described in a simplified way that it deletes old blocks. But their block explorers are also intransparent, they have no block numbers but instead a "DAA Score", but you can't simply search for the lowest block it seems. At least, I would be thankful for a method to do that

Third, there seems to have been an event where the blockchain was restarted in some way, see here for example, and this document.

So you can imagine that while I've accepted Kaspa in my list, if I was to add a "trust" score to that list, they would be at the lower end (together with Dash, which was also instamined). And while I've a bit a difficult time to understand the "conspiration" in the OP it's interesting to see that I'm not the only one seeing something potentially fishy.

Thanks for your attention.
pls mail johnzhu@matrix.space