Nostr Web Client

1. Agreed

2. Same

3. BTC is not scalable as a layer-1. nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe says it has a layer-2 problem if it is not adopted as a medium of exchange. Kaspa solves this issue much better than BTC.

4. Price is irrelevant and arbitrary. You can’t compare the price across projects. Market cap is a better assessment.

5. Solona is a banana-plane (compliments of nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle). It’s terrible money. Kaspa is faster, more decentralized, cheaper, and more secure than Solona. Solona is not POW. Value falls to the marginal cost of production. The market will see that and divert from Solona.

6. Yes, time in existence is a large divide. I was referencing more of the fundamentals than the age of the project.

7. I think Lightening is too difficult to scale. I would love for somebody to tell me why it’s not. And value falls to the marginal cost of production. You buy more value with layer-1 Kaspa than layer-2 lightening for scalability.

8. Solona is no different than the USD. It is a scam. It doesn’t work half the time and is created out of thin air. And Kaspa is faster than Solona.

9. There are 430,000 wallets. I would argue that’s pretty good for a POW with the second highest hashrate. A POS layer-1 will have a bigger centralized problem as the project will not be fair launched.

10. This doesn’t make any sense. This is the first cycle it has seen and was the fastest growing project in the most recent bear. It is very very far of its low.

Jason Ansley | Fractional COO | Leadership Coach 1y ago

Hey Cody, not trying to dodge the convo! :) Iron sharpens Iron. I don't have time to do the research on my own, I have seen some data that contradicts some of the claims you are making (ie with Solana).

If I have time in the coming days to reply to each bullet I will. I APPRECIATE you having done so for me :)

Let me suggest:

A. Each of your claims, find data and visuals to back it up.

B. I TOTALLY get what you are trying to accomplish with your OP. I applaud you! Market Research is important. I will say you asked for people to "contribute so we can get some market insight."

But instead of acknowledging my contribution via questions to inform the research (ie market insight) you defaulted to being defensive and shooting down most of my contribution without (peer reviewed) support per se.

Going back to how I started my reply to you:

1. I like Kaspa

2. I hold Kaspa

(I add I mine Kaspa)...

I don't think the style of reply is going to achieve the data you are looking for...it seems to be you want to argue instead of research, take the market info and feedback "back to the desk" and work on valuable (useful and helpful) resources to educated people...

You went the "valid and right" approach instead of "helpful and useful"

I encourage you to reflect on the above if you truly want to help the mission of Kaspa.

---

Here are two briefly follows up from be on the bulleted discussion.

re: 3. (Medium of Exchange) I think there are some valid points for KAS over BTC for the commoner. For larger transactions (10's of thousands and certainly into the millions) BTC has a longer track record and is known as "store of value" (currently amongst the commoners LOL). Nostr and Lightning are certainly helping to bridge the medium of exchange gap for every day transactions.

Long term I hope KAS does this better...but I'm biased as I'm in both.

re: 4. (price vs MC) Most people are comparing and instructing people to measure XYZ vs BTC (ie "everything measured in BTC goes to zero" or similar statements). 99.99% of the population isn't financially literate enough to think in terms of MC and not Price.

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Discussion

WildBill 1y ago

You compared transactions per second on Solona to a POW and said there are other horses in that race. It’s a completely different animal. One has real value (1 block per second) and the other is minted out of thin air. I’m not being defensive, I’m just telling you you’re wrong. So yes, I did shoot down your contribution. It was nonsensical.

Dude that’s the most strange reply I’ve ever read. I’m just going to move on.

Jason Ansley | Fractional COO | Leadership Coach 1y ago

Don’t ask for thoughts/questions/comments under the guise of gathering market insights if you aren’t willing to do the work required with the gained insights.

You can’t call the market feedback non-sensical unless you only intend to sell Kaspa to PhDs and “yes men”

You literally said you wanted to gather insights and both your replies are shooting down the market feedback.

That’s what’s non-sensical.

I’m willing to walk through this with you but there needs to be some ownership on your part as well.

If you want to drop it (which based upon your final sentence it seems you do) then that’s fine too.

Just know, the later doesn’t help the cause as much as the former.

WildBill 1y ago

Your market feedback was dumb, so I shot it down. Make sense?

Jason Ansley | Fractional COO | Leadership Coach 1y ago

I’d encourage you to reflect on two things

1. Leadership = Relationships

2. As a fellow Christian I’ll point you to scripture.

"For you were called

to freedom, brothers. Only do not use your freedom as an opportunity for the flesh, but through love

serve one another."

Galatians 5:13

WildBill 1y ago

I didn’t call you names or talk about your mom haha. All I said was your wrong in your assessments and you stated telling me what I could do better haha. Don’t be soft. My language wasn’t harsh, but direct.