StackSatsRaiseFamily on Nostr: 1. Agreed 2. Same 3. BTC is not scalable as a layer-1. Jeff Booth says it has a ...
1. Agreed
2. Same
3. BTC is not scalable as a layer-1.
Jeff Booth (npub1s05…eyhe) says it has a layer-2 problem if it is not adopted as a medium of exchange. Kaspa solves this issue much better than BTC.
4. Price is irrelevant and arbitrary. You can’t compare the price across projects. Market cap is a better assessment.
5. Solona is a banana-plane (compliments of
jack mallers (npub1cn4…3vle)). It’s terrible money. Kaspa is faster, more decentralized, cheaper, and more secure than Solona. Solona is not POW. Value falls to the marginal cost of production. The market will see that and divert from Solona.
6. Yes, time in existence is a large divide. I was referencing more of the fundamentals than the age of the project.
7. I think Lightening is too difficult to scale. I would love for somebody to tell me why it’s not. And value falls to the marginal cost of production. You buy more value with layer-1 Kaspa than layer-2 lightening for scalability.
8. Solona is no different than the USD. It is a scam. It doesn’t work half the time and is created out of thin air. And Kaspa is faster than Solona.
9. There are 430,000 wallets. I would argue that’s pretty good for a POW with the second highest hashrate. A POS layer-1 will have a bigger centralized problem as the project will not be fair launched.
10. This doesn’t make any sense. This is the first cycle it has seen and was the fastest growing project in the most recent bear. It is very very far of its low.
Published at
2024-09-30 15:55:58Event JSON
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"content": "1. Agreed\n2. Same\n3. BTC is not scalable as a layer-1. nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe says it has a layer-2 problem if it is not adopted as a medium of exchange. Kaspa solves this issue much better than BTC.\n4. Price is irrelevant and arbitrary. You can’t compare the price across projects. Market cap is a better assessment.\n5. Solona is a banana-plane (compliments of nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle). It’s terrible money. Kaspa is faster, more decentralized, cheaper, and more secure than Solona. Solona is not POW. Value falls to the marginal cost of production. The market will see that and divert from Solona.\n6. Yes, time in existence is a large divide. I was referencing more of the fundamentals than the age of the project.\n7. I think Lightening is too difficult to scale. I would love for somebody to tell me why it’s not. And value falls to the marginal cost of production. You buy more value with layer-1 Kaspa than layer-2 lightening for scalability.\n8. Solona is no different than the USD. It is a scam. It doesn’t work half the time and is created out of thin air. And Kaspa is faster than Solona. \n9. There are 430,000 wallets. I would argue that’s pretty good for a POW with the second highest hashrate. A POS layer-1 will have a bigger centralized problem as the project will not be fair launched.\n10. This doesn’t make any sense. This is the first cycle it has seen and was the fastest growing project in the most recent bear. It is very very far of its low.",
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