I’m going to take the liberty and repost the brilliant creator of $KAS, my friend (and idol) Yoni @hashdag’s letter to @Binance here for visibility.
I found myself nodding and screaming “yes” “exactly” at every sentence. Before you flame me, yes I work for a platform @UpholdInc and I’m proud of that. I try to keep the OG crypto embers burning inside a system that has changed the value and ethics proposition. Yes, we are all guilty in some way or other of perverting the original crypto spirit, and not all elements of OG cyberpunk were good, reasonable, morally acceptable or even realistic. But Yoni’s letter deserves more attention. I’m going to handwrite it in ink and hang it on my wall.
(For the younger readers: handwriting is an old form of “texting” when you use a pen, pencil or other implement to draw letters on a medium such as paper using only your fingers and your own brain. See https://t.co/8Jws3rXOs5)
Here it the letter. It’s the crypto version of Jean-Paul Sartre rejecting the Nobel in 1964.
————
@binance,
Thanks for including me in the top 100 blockchain people list, appreciate the signal!
I must decline the Dubai invite though. I do not wish to disrespect, but many of the award voters are avid kaspians who rooted for my kaspa status at least as much as for my research. Let them win or count me out.
Crypto has turned from a euphoric cypherpunk project to a house-friendly casino. You may not be the culprit, but as a top player you hold the lion’s share of the responsibility to correct this, and the October crash your USDe oracle glitch helped trigger adds to what needs to be addressed.
There are three classes of crypto, as @mert put it recently: commercial crypto, casino crypto, cypherpunk crypto. <<Binance should hold a privilege policy for the latter.>> A TBTF CEX should know better and play a different game with hardcore crypto projects.
When binance lists a green frog three weeks post its “launch” but skips a fair-launched-Nakamoto-Consensus-100ms-upgrade-ATH-top-20-the-only-nonbitcoin-marathon-mined project, this is not merely binance rationally calculating; it is also binance molding the market in a way that is alas misaligned with the roots of the movement. (Hear hear!!!!!)
You may feel that kaspa’s sovereign money thesis is boring – that bitcoin is already money and that implementing an internet-speed bitcoin is useless - fine. Wrong but fine. But what’s the thesis for the green frog?
Money is a classic chicken-and-egg product. It is a scam up until one moment before tipping point, “most of the value comes from the value that others place in it.” Considering your resources and influence, I think it's safe to say you can serve as both the egg and the chicken and make it worth your while to push sound attempts towards tipping point.
@cz_binance tweeted recently that “strong projects will be listed.” But binance is part of what defines "strong", it bears responsibility for the market’s compass and impulse and definition of strong. It is not a read-only entity.
Binance listing fees are legit, they are just unfit for category cypherpunk. Kaspa devs and early supporters fairly mined less than half what Satoshi and Hals mined. We don’t have a 20% ZEC-style founders’ reward or protocol-enforced dev fund; this is not a jab at ZEC and the wonderful @Zooko, who was crashing in my car on a late Thursday back in the low ZEC MC days – if somebody deserves to win it is zooko – but assuming binance is not taking a maxi bet, it should revisit its relationship with hardcore crypto.
We are here through bull and bear, ICOs NFTs XYZs; and we are the source of confidence that restores faith and capital inflow post meme-induced or CEX-induced crashes.
Please fix this.
Yonatan Sompolinsky
🚨 LATEST KASPA NEWS & UPDATES - Catch up with the most important recent developments from within the @kaspaunchained ecosystem... https://t.co/CNAJky3l2w
✅ escala sin sacrificar descentralización
…y aún así se ignora en favor de memes y tokens casino,
el mercado perdió su brújula.
Kaspa no pide favores.
Pide coherencia con el ethos de Bitcoin.
#Kaspa#PoW#CryptoEthics
Yonatan lo dijo sin rodeos:
El problema no es el premio.
El problema es qué se considera “fortaleza” en cripto.
Si un proyecto:
✅ es PoW
✅ fair launch
✅ sin VCs
✅ mejora el consenso de Nakamoto
Yonatan lo dijo sin rodeos:
El problema no es el premio.
El problema es qué se considera “fortaleza” en cripto.
Si un proyecto:
✅ es PoW
✅ fair launch
✅ sin VCs
✅ mejora el consenso de Nakamoto
@binance,
Thanks for including me in the top 100 blockchain people list, appreciate the signal!
I must decline the Dubai invite though. I do not wish to disrespect, but many of the award voters are avid kaspians who rooted for my kaspa status at least as much as for my research. Let them win or count me out.
Crypto has turned from a euphoric cypherpunk project to a house-friendly casino. You may not be the culprit, but as a top player you hold the lion’s share of the responsibility to correct this, and the October crash your USDe oracle glitch helped trigger adds to what needs to be addressed.
There are three classes of crypto, as @mert put it recently: commercial crypto, casino crypto, cypherpunk crypto. <<Binance should hold a privilege policy for the latter.>> A TBTF CEX should know better and play a different game with hardcore crypto projects.
When binance lists a green frog three weeks post its “launch” but skips a fair-launched-Nakamoto-Consensus-100ms-upgrade-ATH-top-20-the-only-nonbitcoin-marathon-mined project, this is not merely binance rationally calculating; it is also binance molding the market in a way that is alas misaligned with the roots of the movement.
You may feel that kaspa’s sovereign money thesis is boring – that bitcoin is already money and that implementing an internet-speed bitcoin is useless - fine. Wrong but fine. But what’s the thesis for the green frog?
Money is a classic chicken-and-egg product. It is a scam up until one moment before tipping point, “most of the value comes from the value that others place in it.” Considering your resources and influence, I think it's safe to say you can serve as both the egg and the chicken and make it worth your while to push sound attempts towards tipping point.
@cz_binance tweeted recently that “strong projects will be listed.” But binance is part of what defines "strong", it bears responsibility for the market’s compass and impulse and definition of strong. It is not a read-only entity.
Binance listing fees are legit, they are just unfit for category cypherpunk. Kaspa devs and early supporters fairly mined less than half what satoshi and hals mined. We don’t have a 20% ZEC-style founders’ reward or protocol-enforced dev fund; this is not a jab at ZEC and the wonderful @Zooko, who was crashing in my car on a late Thursday back in the low ZEC MC days – if somebody deserves to win it is zooko – but assuming binance is not taking a maxi bet, it should revisit its relationship with hardcore crypto.
We are here through bull and bear, ICOs NFTs XYZs; and we are the source of confidence that restores faith and capital inflow post meme-induced or CEX-induced crashes.
Please fix this.
Thanks again,
hashdag
cc @michaelsuttonil
Exhibit A: Binance Innovation Zone
Exhibit B: 10 bps Nakamoto Consensus
@binance,
Thanks for including me in the top 100 blockchain people list, appreciate the signal!
I must decline the Dubai invite though. I do not wish to disrespect, but many of the award voters are avid kaspians who rooted for my kaspa status at least as much as for my research. Let them win or count me out.
Crypto has turned from a euphoric cypherpunk project to a house-friendly casino. You may not be the culprit, but as a top player you hold the lion’s share of the responsibility to correct this, and the October crash your USDe oracle glitch helped trigger adds to what needs to be addressed.
There are three classes of crypto, as @mert put it recently: commercial crypto, casino crypto, cypherpunk crypto. <<Binance should hold a privilege policy for the latter.>> A TBTF CEX should know better and play a different game with hardcore crypto projects.
When binance lists a green frog three weeks post its “launch” but skips a fair-launched-Nakamoto-Consensus-100ms-upgrade-ATH-top-20-the-only-nonbitcoin-marathon-mined project, this is not merely binance rationally calculating; it is also binance molding the market in a way that is alas misaligned with the roots of the movement.
You may feel that kaspa’s sovereign money thesis is boring – that bitcoin is already money and that implementing an internet-speed bitcoin is useless - fine. Wrong but fine. But what’s the thesis for the green frog?
Money is a classic chicken-and-egg product. It is a scam up until one moment before tipping point, “most of the value comes from the value that others place in it.” Considering your resources and influence, I think it's safe to say you can serve as both the egg and the chicken and make it worth your while to push sound attempts towards tipping point.
@cz_binance tweeted recently that “strong projects will be listed.” But binance is part of what defines "strong", it bears responsibility for the market’s compass and impulse and definition of strong. It is not a read-only entity.
Binance listing fees are legit, they are just unfit for category cypherpunk. Kaspa devs and early supporters fairly mined less than half what satoshi and hals mined. We don’t have a 20% ZEC-style founders’ reward or protocol-enforced dev fund; this is not a jab at ZEC and the wonderful @Zooko, who was crashing in my car on a late Thursday back in the low ZEC MC days – if somebody deserves to win it is zooko – but assuming binance is not taking a maxi bet, it should revisit its relationship with hardcore crypto.
We are here through bull and bear, ICOs NFTs XYZs; and we are the source of confidence that restores faith and capital inflow post meme-induced or CEX-induced crashes.
Please fix this.
Thanks again,
hashdag
cc @michaelsuttonil
Exhibit A: Binance Innovation Zone
Exhibit B: 10 bps Nakamoto Consensus
🚀 Igra Labs abre sus nodos públicos y RPCs
Por primera vez, cualquiera puede conectarse, correr un nodo o enviar transacciones directamente desde L1 → L2 sobre Kaspa.
Esto marca el paso de la teoría a la práctica: la red ahora es verificable, abierta y experimental.
#Kaspa
LCX has published the world’s first MiCA-compliant white paper for $KAS @kaspaunchained — listed in the official ESMA Register.
$KAS now has ‘Admission to Trading’ in Europe.
https://t.co/YuYbrdS8ba
✅ En resumen:
Los nodos públicos son el puente entre una red cerrada y una descentralizada.
Son la diferencia entre un servicio controlado por una empresa y un ecosistema global, verificable y libre.
#KASPA#kas#crypto
5. Camino hacia el open source
Abrir los nodos públicos es un paso natural antes de liberar el código.
Permite testear el protocolo bajo condiciones reales y detectar fallas antes del open-source completo.
4. Comunidad y gobernanza
Permitir que los usuarios corran nodos fomenta:
Más testers y desarrolladores.
Mayor diversidad geográfica.
Participación real en la evolución del protocolo (DAO, validación, feedback).
4. Comunidad y gobernanza
Permitir que los usuarios corran nodos fomenta:
Más testers y desarrolladores.
Mayor diversidad geográfica.
Participación real en la evolución del protocolo (DAO, validación, feedback).
3. Resiliencia y seguridad
Más nodos = más copias de la información = más difícil de atacar o manipular.
Además, si un nodo falla, otros mantienen la red activa.
Esto es lo que distingue una red experimental de una infraestructura verdaderamente viva y global.
3. Resiliencia y seguridad
Más nodos = más copias de la información = más difícil de atacar o manipular.
Además, si un nodo falla, otros mantienen la red activa.
Esto es lo que distingue una red experimental de una infraestructura verdaderamente viva y global.
2. Descentralización real
Hasta ahora, si el equipo de Igra controlaba todos los nodos, la red era centralizada.
Con nodos públicos:
Cualquiera puede unirse y participar del consenso.
Se eliminan puntos únicos de fallo o censura.
La red se vuelve más resistente y autónoma.
2. Descentralización real
Hasta ahora, si el equipo de Igra controlaba todos los nodos, la red era centralizada.
Con nodos públicos:
Cualquiera puede unirse y participar del consenso.
Se eliminan puntos únicos de fallo o censura.
La red se vuelve más resistente y autónoma.
Podés verificar directamente los bloques, transacciones y contratos desde tu propia máquina.
👉 “Don’t trust, verify” — la base del ethos de Bitcoin y Kaspa.
Podés verificar directamente los bloques, transacciones y contratos desde tu propia máquina.
👉 “Don’t trust, verify” — la base del ethos de Bitcoin y Kaspa.
Hablemos un poco sobre los smart contrat pero de igra
🛰️ ¿Por qué los nodos públicos son tan importantes?
1. Transparencia y verificación
Cuando cualquiera puede correr un nodo:
Ya no dependés de la palabra del equipo o de un servidor central.
Hablemos un poco sobre los smart contrat pero de igra
🛰️ ¿Por qué los nodos públicos son tan importantes?
1. Transparencia y verificación
Cuando cualquiera puede correr un nodo:
Ya no dependés de la palabra del equipo o de un servidor central.
All hands on deck!
Caravel public nodes are now open for everyone.
Run your own Igra node and join the network:
Node setup guide: https://t.co/0gTymEyjZV
Local RPC config: https://t.co/iYJQNMQt9m
Join our Discord channel for node operators: https://t.co/xrxQT1Kilj
This is the v1 node client, it is stable but not yet optimized.
We are hard at work improving the full stack, ensuring it is mature enough for open-sourcing.
🚨 Stress Test histórico en la mainnet de Kaspa
La red procesó más de 158 millones de transacciones en un solo día ⚡
✅ Sin congestión
✅ Sin caídas
✅ Confirmaciones instantáneas
El BlockDAG demostró lo que puede hacer una L1 Proof-of-Work verdaderamente escalable.
#Kaspa#kas