Smart contracts postponed

Darth Vader@TheRealDarthVader

1Sem.

Blah blah blah and Bitcoin is better yes!

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Mh391@Mh391

1Sem.

I've put my foot in the door. Just in case all finfluencers are right and Kaspa is the better Bitcoin.

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Stefan21@stefan_21

1Sem.

@Mh391 Spoiler: it's not🙃

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obito@obito93

1Sem.

@Mh391 I don't think kaspa can replace bitcoin, but I think kaspa is an exciting project and I hold kaspa myself
About kaspa:

BlockDAG instead of blockchain: Instead of only one block being created every 10 minutes (as with bitcoin), kaspa allows several blocks to be created simultaneously and linked together in a graph.
Very fast blocks: Kaspa currently creates 1 block per second
(Bitcoin: 1 block per ~10 minutes).

I like ☝️☝️☝️☝️☝️

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Stefan21@stefan_21

1Sem.

@obito93 Kaspa will 1. never be able to hold its own against Bitcoin because of Bitcoin's network effects (Bitcoin has far too big a lead that another protocol, even if it were better, would not be able to catch up) and 2. Kaspa tends towards centralization. Due to the high block rate, there are high demands on bandwidth and storage space - and the trend is rising.
Only a few can afford a fully-fledged node - if the network scales up, nodes can only be operated in data centers. And these data centers then control the network.

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obito@obito93

1Sem.

@stefan_21 I agree with you
But trzmd in itself is the
project is good

Kaspa is actively working on optimizing the storage and bandwidth load (e.g. through pruning and more efficient protocols).

Who knows how the development will go

And as I said kaspa will never replace bitcoin because bitcoin is simply the mother of coins ☝️

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Stefan21@stefan_21

1Sem.

@obito93 yes, only that with pruning the entire history is not stored and you have to trust large nodes from data centers again😅
I also think that Kaspa is a cool technology, but it simply cannot and will not be able to compete with Bitcoin :)

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