Kaspa – KAS Is Kaspa Actually A Fair Launch? (DAGlabs, Polychain) Hello everybody welcome back to another video I’m increasing today I’m going to speak for the cusp of fairlands because the last couple days this subject about the fairlands of Casper is controversial and some people say that kaspa fairlands wasn’t actually so fair so on this video Guys I’m gonna explain you from my own side of you that kaspa fairlands was actually 100 Fair it it had maximum fairness and I’m gonna explain you and educate you about what happened in all these last four years about the daglabs polychain uh how actually has balanced How the team of the uh daglabs mined some Casper and then distribute the coins I’m gonna explain you everything just to have a clear view about what happened before the mainlands of kaspa in a couple months later okay so if you’re interested to know all of these Things all you have to do is to remain until the end of the video and before coding you would like to declare you that I’m not a financial advisor whatever you are going going to share this video my own personal opinion my personal approach always do your own Research before any kind of financial investment and guys also if you are cast by investor or Casper holder I suggest you to follow my channel because I’m daily uploading videos about Caspian I’m explaining you and I’m trying to educate you uh from my side of you about this phenomenal once in a lifetime Opportunity project okay and do not forget also to check my patreon group because here guys you’re gonna find my private telegram Community where you’re gonna have access to speak with me 24 7 you can ask me absolutely everything on that group I’m gonna reply that as fast As possible and also we have some other members which are multi-millionaires uh some other guys have got incredible experience in the crypto space so all together we are speaking for crypto related things which are very very helpful so if you’re moving along on this crypto space this is ideal for you Also you’re gonna have access to my crypto portfolio you’re going to check exactly what I’m holding and how I handle my crypto portfolio plus you’re going to have access to my buy signals like profit signals and sell signals so as you understand if you are looking to Build connections to have fun to make gains and obviously upgrade your knowledge these pattern group is for you and I’m waiting to see you there so really fast let’s start about what’s happening with the price of Casper to do an update and then we’re going to move To the third lines guys Caspa still right now is at rank 60 top 60 coins as you understand this is big okay we are starting in a market cap 744 million dollars and this is insane because we don’t have any major exchange uh involved in that market cap which is Incredible okay and the customer price as you can clearly see covered the dip we are standing right now 0.037 to 38 we are going to 38 cents 0.038 cents so this is very very great we saw some dip yesterday and right now this dip has already recovered which shows again very Very big strength so let’s get to the topic before the Casper headlines I made a board here which I have put everything that you need to know as a summarize okay without unnecessary details or whatsoever so let’s start how the vision of the furlance started and I’m going to Explain you step by step initially we had the daglabs which was a company of a Jonathan sobolinski which founded in 2018 and it wasn’t only the Jonathan behind this company but I’m actually a referenced to Jonathan because it’s also the main founder of cast bite was also Some other guys behind this company but the main vision of that kobani guys the dark Labs was to develop Optical proof of work machines like Asics to support the car span Network okay because at that point we had only the classic proof of work and guys with the optical proof Of work we were going to see the Casper Network into unprecedented security because the optical proof of work will provide uh in incredible has power which was going to be an incredible resistance for 51 attack and also guys it was going to minimize the energy consumption of a Proof of work system that we never saw before because this is the main goal of the optical proof of work okay to minimize the energy consumption because as you know Bitcoin right now sometimes guys can have more energy consumption than a single country like Argentina which is crazy okay it’s uh very harmful This energy consumption for our environment so that’s why the main Vision was to create an optical proof of work to support the Casper Network and uh as I told you to provide incredible unprecedented security and energy so what they did they raised 8 million found from a company with the name Paul Chain okay because they were a startup company they were need found to start building this Optical proof of work but actually they failed in the process to create these Optical proof of work machines they failed okay so why they failed to finish this Vision because guys the immaturity of the optical proof Of work A6 and uh for this for the second reason that Jonathan and Paul chain decided that fairlands was the only way to lands Caspa okay because they would like to focus on the Community Driven project so uh they didn’t actually would like to launch a Project that is not a fairlands like the proof of stake with initial coin offering pre-sales pre-mines all of these uh very sketchy things or for the Caspar to be a project that is backed by a company or whatsoever they would like to um make the absolute fairness for That project to drive adoption okay by the community so in November 2021 Casper lands with a maximum fairness okay we soak Us by into a mainnet and uh at that time it was absolute fairness because people could everyone at that time if you were new uh kaspa back in the days They did announcement that we’re about to launch that day we have proof of work and you can come up and mine uh they did that officially so as you understand this is a maximum fairness so daglabs because they had the founder from their investors rented some Amazon Hardwares To mine Caspa with the rest of the initial investment okay because um it was years that was founded with 8 million wasn’t for example one month or two months it was founded for over at least 8 million was about for 3 three to four years so as you understand they had Some expenses as kobani and with whatever it left so if they read it from Amazon Hardware’s to mine Caspa so this lasted only five months because the found ended okay and at that time they raised approximately guys three percent of the total maximum Supply which was a deal then um 840 million Casper coins that’s where some people uh have controversial um opinions about this wasn’t fair or whatsoever guys when daglabs actually rented the Amazon Hardware the maintenance was live okay this was absolute with absolute fairness and uh people could actually mine with CPUs and subsequently with gpus as everyone else So this this is what we’re talking about is fair okay they didn’t actually uh did any uh sketchy move like to pre-mind some coins and then lands the main net or whatsoever this is why what we uh call fur Lance and then guys uh with this three percent they went and they Distribute that 1.5 to their investors the Paul chain the Paul chain employees and whatsoever and at the rest 1.5 percent into the dark Labs former employees so uh this is not something that they can dump the price of Casper because they are holding the three percent of the maximum supplier Whatsoever because that amount actually is splitted into multiple people not by single person and then guys daglabs after that a specific move of the distribution of coins that they had uh mined they actually officially dissolved so guys this is exactly what happened with the Jonathan sobolic previous Company okay this is the truth and I try to actually summarize it with out as I told you unnecessary details so I hope you understand exactly what happened here and let me know if you have any question I will be happy to reply that also if you enjoy the video share it With us many people as you can because it’s going to be very helpful to understand fully what happened in that and how actually Casper is fair lands because uh Casper is a Community Driven project and this was the main vision of the Jonathan to create something that Has the principles of the Bitcoin and actually exploit all the vulnerabilities of Bitcoin and create something that is superior than everything else which is the Casper okay solving the true Lemma it’s a scalable it has better security even the Bitcoin is decentralized because it’s using the Nakamoto consesus Also in the future can handle smart contracts layer twos the Ops absolutely everything thing but right now Casper is working for the hard Forks rust rewrite language Dark Knight and Etc so this is the video guys thank you so much for your support appreciate you forever like Every comment it means a lot to me I will see you guys all in my next video Until then your boy Chris out bye Is Kaspa Actually A Fair Lanch? (DAGlabs, Polychain) Join To Our Community 👉 https://www.patreon.com/CryptoChrys Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol.Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus.The Kaspa blockchain is actually a blockDAG.This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG’s topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.►Thanks’ for watching! Share , Like , Comment , Subscribe now and stay tuned for more! FOLLOW ME ON TWITTER: https://twitter.com/CryptoChrys17 #KASPA #KASCRYPTO #ALTCOIN 00:00 Intro 02:22 Kaspa Price Update 03:12 DAGlabs Creation, Goals, Funds & Purpose 05:14 Why DAGlabs Failed? 06:08 Kaspa Launched Nov 2021 With Fairness 06:38 DAGlabs Started Mining With The Rest Funds 07:17 Kaspa Coins Distribution & DAGlabs Dissolved ►For business: [[email protected]](/cdn-cgi/l/email-protection) DISCLAIMER: This is not financial advice! This video and this YouTube channel in general is for entertainment purposes only.
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