life is interesting @ kaspa core r&d
one day i find myself prepping a deep dive + roadmap for DK
the next i help review and final-edit three KCCs
and on the third i do this (help harden silverscript + sync argent):
Crypto gave individuals sovereignty. Staghunt is betting the next frontier is the group version: coordination markets.
Read more at our latest thought leadership in partnership with @hashdag
https://t.co/VJQ15N0ka0
@VitalikButerin The whole undertone of this post flatly contradicts your posts from the other week about the trust in Ethereum being independent of your politics and how you score on moral judgment.
Can you please clarify which is it?
Agree with this (1)/(2) framing, but your OP seems pretty off from it, it's a clear (2) deriving (1) -- V+friends politically interpreting recent specific world events, and then setting up the north star according to that interpretation.
If sanctuary tech is/was your consistent directionality for ethereum -- something you’d focus the ecosystm on regardless of specific world affairs -- then more the power to you! I'm still not clear how load-bearing it is beyond the broader opensource manifesto, but even you rearticulating those values can move the needle morale-wise and attention-wise.
But if sanctuary tech is, as your OP reads, downstream of a specific sentiment+interpretation of recent events this is off your own framework.
--
Concretely: devs and builders with a non-dacc approach towards "enfranchising the disenfranchised" - who interpret recent global developments as freedom actually expanding, practically giving ppl previously marginalized or despotized a chance at integration - - - should they feel comfortable and aligned building sanct tech with you and ethereum, or should they settle for being free “to use Ethereum” the base decentralized protocol?
@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
With the upcoming DAGKNIGHT protocol Kaspa improves over Bitcoin's trust model by remaining secure under chaotic internet, removing the 10 minute latency assumption. https://t.co/0t3MeDr6Sb
Continuously validating nodes -- many (https://t.co/V106KvZYwP). Full-history-IBD-and-store-nodes not native protocol citizens, TB/year would fill up quickly. Default operation mode pruned, default IBD mode SPV-like, using FlyClient+MLS primitives to prove heaviest "chain".
Other protocols that improved over Bitcoin while still optimizing for same puritan model, eg GrinMW, didn't take off. Apparently Bitcoin remains king for many good reasons