Damus
hodlbod · 78w
Does anyone have any educated opinions about Kaspa? It's the first crypto I've discovered that isn't entirely composed of red flags on first glance. What's interesting about it is they use zk rollups...
Diacone Frost profile picture
Well, mining centralization. There are no incentives whatsoever to mine. So only kaspa devs are actually mining... And if there were some small miners are irrelevant for the most part.

and they are simply too late even if zk is a good thing (which is not).
3
hodlbod · 78w
Why are there no incentives to mine? It seems the same as bitcoin, in that it's PoW and you get fees + block subsidy. Why is zk not a good thing? I agree that they are almost certainly too late from an adoption point of view.