Why Nostr? What is Njump?
2024-09-30 15:31:37
in reply to

REALjasonansley on Nostr: 1. I like #kaspa 2. I hold $KAS 3. Need a little more context as to what aspects you ...

1. I like #kaspa

2. I hold $KAS

3. Need a little more context as to what aspects you are looking for insight on. (Ie can you elaborate on your constraint of “but scalable on the base layer”)

4. In general I do not think #KAS will reach the same price of #btc because of supply and demand. There is simply significantly less #bitcoin than Kaspa.

5. Additionally, and granted Kaspa is young, there are other horses that have a head start on it (ie Solana) that is already attracting interest from entities such as Visa and Mastercard.

6. Akin to point 6, BTC has a decade on KAS as for adoption.

7. With thinking in sats for bitcoin and lightning network, is KAS needed? (Personally I think so but as for adoption there needs to be a profound “why”)

8. I like the #pow #proofofwork model of $KAS as well as the BlockDAG structure, which is similar to hashgraph and therefore can support higher TPS. BUT development is significantly slower than on TPS competitive chains such as Solana.

9. Albeit young, Kaspa is still concentrated from a wallet holdings standpoint

10. To its benefit I think Kaspa will survive if only for the sole fact that is is one of the few cryptos that is not too far off its low during previous market cycle

Those are my initial thoughts 🤔
Author Public Key
npub1ur5ju4pd0xegu7wxal543ywn3aykxmjg2c9gucvtj5aaa43sm74qcxdx2w