vess

@TheKaspianSea Kaspa's main interest currently is porting over stablecoins and DeFi slop onto the dag Kaspa, like Bitcoin, can never be money when its economic value is tethered to speculation.

$KAS is a second chance at early $BTC Not just monetarily. In a revolution towards financial sovereignty not founded by the same big institutions and tech companies that control us. The cypherpunk vision is still alive and it is found in Kaspa.

Humanity's ability to harness energy grows over time. What you want out of finance is maximum velocity. Wealth is essentially total energy harnessed * velocity Deflation, debt, and speculation stop real wealth generation because they break this equation, slowing the flow

#Bitcoin limited supply fundamentally relies on the greater fool theory. Holders buy it, then hope to sell it later on for more than they bought it for. This is extractive. It provides no value to anyone, no work being done. It assumes earlier work > later work

The perfect money must be both perfectly backed by energy, so it cannot be willed into existence without actual work backing it, but also have no artificial supply cap, which causes nothing but speculation and hoarding.

$BTC can never be money. #Lightning can't either. Why? Because money is intended to represent potential energy. If you try and denominate/capture something that is not scarce, that is - work, by something that is artificially limited, you create friction. Friction = waste

Traditional consensus spends massive resources politely ordering double spend attempts. They need fees to prevent spam and attacks. Vess sees conflicting tx's for what they are: deliberate, malicious attacks. So their money is deleted. Trying to consume an input twice? Bye bye

I will stand by this: If a protocol's economic backing relies on centralized authorities and oracles, hosting its movement on a decentralized ledger is pointless. #Stablecoins are anti-crypto. #RWAs are anti-crypto. You're rebuilding the same stock market on redundant rails

It's time for #Crypto nerds to be honest with ourselves. This industry is not what it is supposed to be. The main things blockchain is used for: - yield farming - pump and dump scams - gambling - mev - surveillance - speculation - porting fiat (stablecoins) - HODL (hoarding)

@HocusLocusT @kloakprotocol Absolutely not. I built it, and it worked, but I decided that my original intention for building it could not be fulfilled on Kaspa. My time is better spent researching and solving issues that cannot be ignored when it comes to blockchain. PQ is not a second-thought addition

@kloakprotocol @vessprotocol Oh kloak was a marketing psyop all along. Makes sense.

4/4 I eventually realized I was trying to fit a triangle into a square hole. the network that fulfills the satoshi ethos hadn't been built, like i thought it had in kaspa:native so i started building @vessprotocol a new network, PQ, private, scalable natively

@Radical_Ed_Bad @kloakprotocol The direction it is trending towards and being shilled for is to become a settlement layer for DeFi and stablecoins. Might as well just use a CBDC at that point. The only actual purpose of a distributed ledger is for economic sovereignty, not to copy speculative finance

@kloakprotocol @vessprotocol You are full of it. measly 4 post long lousy quasi-technical explanation? Yeah, right. Privacy vProgs will be developed by serious teams. No offense, you are not it.

@Radical_Ed_Bad @kloakprotocol But not without making compromises that I ended up not being willing to make. Aggressive pruning forces PQC too far offchain. Bottom line is, privacy and PQC cannot be an additive afterthought on a network. Kaspa is a fundamentally surveillence friendly protocol.

@Radical_Ed_Bad @kloakprotocol I don't pay for x so I'm not going to spam 20 separate posts of 160 characters to explain my entire line of reasoning to 500 followers. If you are actually interested in understanding why, I'm happy to discuss further with you. Obfuscation is absolutely possible on kaspa

what do you get when you combine post-quantum cryptography, privacy, decentralization, PoW, scalability, and remove speculation, extraction, compromise, and vested interests? you get vess. looking for devs and nerds to expand the ecosystem

we just killed the difficulty adjustment. we killed the ASIC arms race. vess is the first energy utility. you put in the joules, you get the vess. physics over speculation. stay in tune with the next gen of crypto dev t.me/vessprotocol #Crypto #P2P #Vess

@milesdeutscher @cz_binance I solved this. github.com/ohmictech/vess

The CEO of Binance ( @cz_binance ) just said something most people in crypto don't want to hear. The industry is "too transparent," and it's actually a huge problem. Institutions/whales don't want transparency - they want to benefit from blockchain's efficiency, whilst having the same privacy-preserving elements that traditional rails offer. Whoever properly solves this will be a big winner.

@Traderfinn0 @vessprotocol

Tag a project you trust blindly. Ready to invest $50K

@nikitabier check me out

Crypto has had a rough year. Maybe we should launch something to fix it.

@YisusCryptos me

NEXT BIG #CRYPTO PROJECT IS ___________?? 👀🚀

@elonmusk I built that energy currency you wanted. Quantum proof, instant finality, unlimited throughput, maximum decentralization, zero fees, surveillance-proof, fully unlinkable payments, memory hard STARK minting, with no tradeoffs. Get one of your guys to look. #vess