14
@DesheShai
Shai (Deshe) Wyborski
Skipped detailed analysis: Personal account of an academic/researcher sharing opinions, not a crypto project, protocol, token, or dApp.
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30%
Skipped detailed analysis: Personal account of an academic/researcher sharing opinions, not a crypto project, protocol, token, or dApp.
Recent tweetsSee all on 𝕏 →
I wonder when we are going to stop calling them graphical processing units. Who even uses a GPU for graphics anymore? Some Niche gamers?
I hope Kaspa didn't miss the train for an active fee market.
This should have been a priority a long while ago.
Not using the (otherwise atrocious) KEF failed launches to at least kick-start an active fee market was a huge swing and a miss, and one of the reasons Kaspa is scraping for hashrate nowadays.
Kaspa is an ASIC-based PoW whose current hashrate is < 25% of its ATH. Let the implications sink for a second.
I tried to pursue this when I was still in a communication relationship with the core, but I was dismissed at every turn.
If anyone wants to try to pick this up again, talk to @maxibitcat. As the only person who bothered to formally study it, he's literally the world's top expert on Kaspa's fee market.
95% if Israeli Jewish orthodoxy and ultra-orthodoxy has lost its way to such an extent that I don't consider it Jewish, and hardly even consider it a religion.
They became political identities with no actual doctrine. An utter lack of moral clarity that allows one to justify any heresy. Including driving a vehicle during the Shabbat to burn Palestinian villages, or crowning a vermin-eating niddah defiler as their de facto king of Israel.
If Elijah (probably the most bad-ass character in the entire bible, btw) ever came back for a short justice-enacting stint, I know very well who will be the first to burn, and they do too. In the Hebrew Bible, the theme is very clear: it is not the seculars who offend god, but those who defile his holy word.
In this story, Netanyahu is not King David. He is King Ahab.
Kaspa us already leaps and bounds beyond anything else. Seriously, compared with the rest of the market it's alien tech.
So why is it constantly dropping in value?
Because technogy, in fact, does *not* speak for itself. It needs narrators or it remains obscure, no matter how great it is.
I'd imagine the Kaspa fan base, of all people, should know this better than anyone by now.
There used to be huge efforts to communicate Kaspa $kas to the broader public.
But then core leads decided they "want a change" and just forcefully appointed this weird "committee" of bumbling morons such as Eyal Yanlonka and Gilad Cohen Aviram who completely destroyed the brand, while the community was too high on copium to push back.
A year and a half later, and nobody filled the vacuum. Probably discouraged by how the last people who tried to were treated, some of them personally publicly humiliated by Sompolinsky himself.
Core devs are working their asses off for an amazing tech that hardly no one will ever know about because YS went on an ego trip and shot all the messengers. Only a bit too late did people realize that holy shit, good marketing costs good money, and just because there were people willing to do it voluntarily doesn't mean more of them are lining up. Somewhat due to how those before them were abused by Sompolinsky and Sutton, but also because Kaspa isn't the sexy new kid on the black everybody wants a piece of.
Utter leadership failure that completely destroyed an unprecedentally powerful brand (e.g. got KuCoin to list without a fee). Followed by a total lack of accountability that assures no one with actual, monetizable skills will never, ever, try to step up again. At least not without guarantees the current ecosystem can't afford to provide.
As long as S&M don't take responsibility, apologize, and defer themselves to a purely technological position. As long as Kaspa is led by a dishonest, vindictive narcissist that hasn't the slightest capacity for public discussion, Kaspa will keep struggling until it dies.
I'd have stopped caring a long time ago if I wasn't financially tethered to Kaspa via a fat bag I'm too stubborn to sell.
This stupidity is costing me money.
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