JULZ ꓘ

"If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” -Satoshi Nakamoto
STUDY Kaspa - Realtime Sound Money (and much more)

[JULZ ꓘ @StudyKaspa]

@jeff341729 @MrVince_BTC You and your profile picture are the perfect fit 😁

[JULZ ꓘ @StudyKaspa]

@jeff341729 @MrVince_BTC

[JULZ ꓘ @StudyKaspa]

@sasquatch3001 @MrVince_BTC

[JULZ ꓘ @StudyKaspa]

@sasquatch3001 @MrVince_BTC

[JULZ ꓘ @StudyKaspa]

@Krypto_Cuervo @krakenfx

[JULZ ꓘ @StudyKaspa]

@JasonB19534395 @MASTERBTCLTC

[JULZ ꓘ @StudyKaspa]

@MASTERBTCLTC @Unmasker_BTC WTF 😆

[JULZ ꓘ @StudyKaspa]

@cyrptotalks Dagknight, vprogs, 100bps, RTD, stablecoins.. the list goes on. So much stunning stuff coming in the near future, I’m so hyped.

[JULZ ꓘ @StudyKaspa]

@bt_chick Follow Twitter sentiment. 😁

[JULZ ꓘ @StudyKaspa]

@manyfest_ @maxibitcat Amazing!

[Manyfest @manyfest_]

TLDR- A fully open, decentralized and permissionless prediction market application on Kaspa.

In the last few months I have been working with @maxibitcat mapping and coding his proposal for a permissionless prediction market into an Argent app.
He proposed a voting resolution mechanism that utilizes a lottery to incentivize the losing side of a binary market to vote honestly (see more in his original post).
It felt like a great use case for KCC20 tokens. A prediction is held as a tradable, fungible KCC20 token representing the prediction asset, with extended logic to support voting.

A few things worth sharing:

1. Argent is a fantastic tool that enables coding this complex covenant system with ease. This idea could also be written as a single EVM program, but when mapping it to the state machine it actually is, it feels natural and obvious to implement it as a UTXO covenant application (image attached).

2. It’s exciting to draft an application that is completely decentralized and open. Everyone would be able to create and participate in any market they wish, while also running their own application code
There will be no owner and no beneficiary. The system is completely open, would only benefit the network miners, and would encourage honest participation.

3. The system’s openness and current implementation tie the security of a market to its size. Small-cap markets could be manipulated more easily. Inevitably, people would lose money in this social experiment.

4. I aim to release a mainnet version around the end of this year.

[JULZ ꓘ @StudyKaspa]

@andyf815 @cryptomatt1983 Why are you still shilling this dead memecoin? 😆 wtf

[JULZ ꓘ @StudyKaspa]

@KaspaDanijel @cryptomatt1983 Bro literally 😆

[JULZ ꓘ @StudyKaspa]

@cryptomatt1983 Finally some bearishness, I have waited for this kind of post of you for a long time. Maybe we can finally bottom now 😁

[MoonPaxi @MoonPaxi]

JUST IN🔥: Kaspa (@kaspaunchained) produces 10 blocks per second, allowing it to generate more blocks in just 28 hours than Bitcoin has produced since its launch in 2009.

At this rate, Kaspa generates approximately 6,000 blocks for every Bitcoin block, based on Bitcoin’s 10-minute target interval.

The comparison highlights the significant difference in block production speed between the two networks.

[JULZ ꓘ @StudyKaspa]

@Medapl0r It’s a learning process to use Twitter sentiment only as an indicator and stand over all the FUD and Greed.

[JULZ ꓘ @StudyKaspa]

@OffshoreHODL They are also just retarded retailers. They sold the local bottoms and bought the tops, this time they thought maybe sell the greed but they will be wrong again.

[JULZ ꓘ @StudyKaspa]

@ConfleiCon7UP So Sound Money is „crap“ now? Do you know anything about human history? or does your intellectual horizon extend no further than the last few football seasons?

[JULZ ꓘ @StudyKaspa]

@murkiwaters @valerioshi They are, are you that retarded?