Fun fact: Many Bitcoiners believe that Bitcoin’s 10-minute block time is not too slow and that having a fast block rate is not useful.
Kaspa contains no premine or founders’ rewards.
At the same time, Kaspa is neither attempting nor pretending to be a “fair launch” coin, as the term “fair” is subjective, too broad, and absurd; early- and late-comers are at odds and cannot be co-satisfied. Bitcoin is extremely unfair to people born in 2030.
The last major attempt at a fair launch-the Grin MimbleWimble project-was not successful, disappointed too many early members, and effectively buried the project; the community…
In his youth he reasoned: Since gold is more valuable, it ranks as money; whilst silver, which is of lesser value, is regarded as commodity… But at a later age he reasoned: Since silver [coin] is current, it ranks as money; whilst gold, which is not current, is accounted as commodity.
- Babylonian Talmud, Tractate Baba Mezi’a, pg 44
In 2013 I entered into a master’s degree program in computer science at the Hebrew University. I was recommended by the head of school to work with Aviv Zohar, but Aviv suggested we work on Bitcoin and, coming from mathematics undergrad…
Sure, Ethereum is great and all, but why? What exactly made it into this vibrant and innovative ecosystem? And can it last? I’m writing this post in an attempt to clarify to self and pinpoint Ethereum’s unique value offering and the emergent decentralized finance ecosystem.
Ethereum’s success is commonly ascribed to its composability, the ability to compose one smart contract on top of another like lego boxes, leaving little-to-no need for development coordination, as once a dev team deployed a smart contract, any other smart contract can access it, permissionlessly. However, while Ethereum does harvest the power of openness and…
Bitcoin, Ethereum, Kaspa. Coauthor of GHOST, SPECTRE, PHATNOM. PhD Computer Science (HUJI)