Point was there is people behind Lightning Network that acknowledge #Kaspa founder so point still stands.
#Kaspa has no company behind it. All development is funded by the community, no need for a less decentralized entity developing a Layer 2 for it to scale for worldwide use.
#BTC used to be a movement for progress where they constantly wanted to innovate, now it is more of a religion and reactionary movement.
Yeah, this is a great idea.
Correction it was Olaoluwa Osuntokun Lightning Labs CTO but also Nick Szabo besides that
Yeah, it is.
The way I see it the more decentralized a platform is (in terms of censorship) the better, so this might be natural progress.
Was not referring to you, I was referring to William who was calling #Kaspa a scam without doing research and acting disrespectfully since various notes above. I think it is clear if you re-read it.
#Kaspa has no CEO or company behind either. I wrote in my answers to WilliamHodl that it was Fairly Launched #BTC style. Because of this and not having VCs with coin allocations that they can easily dump, it has gone up so much organically.
Ok, Lightning has no CTO or CEO, this error skipped me since I already know it is not a scam by other means and did not check but the point is you can verify big people on the industry reference #Kaspa founder throughout a decade. Just check his Google Scholar page.
https://scholar.google.co.il/citations?user=hTWnlpYAAAAJ&hl=iw&oi=sra
I know you think #Kaspa is a scam and in fact you think everything that is not #BTC is a scam but you should not say that, like William does unless you do your own research which you have not done at least on Kaspa. I have done it and I know it is not. I know where you come from
You are biased and ignorant claiming sth like without doing the research after all the sources I provided
Sorry mate but even Lightning Network CTO Nick Szabo praised Yonatan Sompolinsky's (#Kaspa founder) GHOST protocol
Is that a point? You just expose your bias. Here I am talking about a project that introduces what #BTC was supposed to be and your point is that the rest of the most valuable projects that cite its author are not as good. So? It is billions of $ acknowledging his work throughout 10 years and now he founded a project that is #BTC in essence but fast sth nobody else could do. Yet you will ignore everything that goes in its favour and pick anything against. This won't age well, #BTC will still be used as a Store of Value in 10 years but if you don't #DYOR on #Kaspa you will see it was not a wise decision in 10 years.
Lightning Network doesn't provide a security structure like native #BTC blockchain where in order for it to fail it needs a system wide breach. Lightning has many weak spots + the transactions have to settle on the Native Blockchain anyway. #BTC fees went very high after ordinals were introduced, many don't see if #BTC is going to be used as a currency they will be paying monster fees, doesn't matter if you will use Lightning or not. If you don't believe me wait and see. #BTC is a great store of value but is not a currency.
#Kaspa is Nakamoto Consensus protocol at 1BPS, heck it fulfills Satoshis OG vision for #BTC better than #BTC technically. I would suggest getting out of your maximalism as #BTC is not just a name and a hashrate but also technical engineering that was exciting +10 years ago but hasn't introduced any major improvement in all this time. PCs have improved exponentially on all this time yet you guys are willing to sell out to a layer2 solution that don't solve the inherent problems with the protocol and its difficulty to scale worldwide.
I know, that is why #Kaspa had a Fair Launch, #BTC style.
- No premine
- No VCs
- No coin allocations
- All development funded by the community voluntarily
My point was that there are three Top 10 projects that cite #Kaspa founder Yonatan Sompolinsky. #ETH, #ADA and #XRP
outside of Top 10 there is #DOT, #AVAX, #FTM, #MATC etc
Check it yourself
Lightning Network doesn't provide a security structure like native #BTC blockchain where in order for it to fail it needs a system wide breach. Lightning has many weak spots + the transactions have to settle on the Native Blockchain anyway. #BTC fees went very high after ordinals were introduced, many don't see if #BTC is going to be used as a currency they will be paying monster fees, doesn't matter if you will use Lightning or not. If you don't believe me wait and see. #BTC is a great store of value but is not a currency mate
It launched 1 year and a half a ago, give it the minimum time, can't expect it to have #BTC hashrate in less than 2 years lol. It is the fastest PoW in existence and the fourth most mined coin on f2pool, the biggest mining pool in the world. Which other PoW provides #BTC security design with 1BPS (10 soon) + Smart Contract capability? None. They had over a decade to come up with this and only #Kaspa has done it. Once people know about a protocol that unites all this features it is a question of time really.
#Bitcoin is the freedom Store of Value but it is not a currency with its 10min Blocks. I would suggest you check #Kaspa, which uses Nakamoto Consensus (same consensus protocol as BTC) but at 1 Block per Second! It is founded by Yonatan Sompolinksy which was one of the first academics to do a serious academic research on its security 10 years ago and has since been improving Nakamoto Consensus. He is the author of GHOST which powers #ETH. Been cited thousands of times...
You should check #Kaspa. The fastes PoW protocol with the same consensus protocol as #Bitcoin at 1BPS and built on RUST. It is a huge breakthrough on decentralized computing, it solves the Blockchain Trilemma
better be safe than sorry so I would avoid driving at night and also would not drive through big cities