ImbooX retweeted
It’s actually crazy how X makes you believe the entire world is falling apart every single day.
Another war, another crisis, another headline about how we’re all fucked.
Then you go outside and realize everyone is just living their normal lives, going to work, eating at restaurants and enjoying themselves.
Sometimes you just need to close X, stop consuming all this fear and go enjoy your life. The algorithm makes you believe that everything is negative and bad.
ImbooX retweeted
Thank you for this tweet, @KaspaSilver. I am going to address your concerns, piece by piece.
Concern 1 & 2: "Missing whitepaper, and no R&D"
I understand your point about the missing whitepaper. This is still in progress as it needs to be written in a certain way and have the necessary proofs, statements in order to bring the value that a whitepaper does. It is totally acceptable to be wary of donating before you see a concrete spec. The reasoning behind opening the fundraiser before those are finished is primarily for brand awareness, the fundraiser progress so far has exceeded my expectations.
It is not the case that no R&D has been done earlier, in fact I have been working on the stablecoin initiative for the last 6 months already, where primarily focus has been on communicating with centralized issuers. Unfortunately, centralized issuers are resistant to deploying on Kaspa for primarily two reasons:
1. because of the lack of anticipated volume.
2. because the needed infrastructure is missing.
I, of course disagree with this statement as there can be no volume without DeFi, hence it is a chicken and egg problem. The implementation of @KaspaDollar, would therefore not be "just a stablecoin from scratch" but a:
1. fully decentralized stablecoin
2. build the needed infrastructure that centralized issuers need in order to operate
3. bring the first needed volume in order to validate Kaspa's DeFi potential that is needed for issuers to bring their assets.
Therefore, @KaspaDollar is indirectly an effort to bring USDC/USDT onchain.
Concern 3: "Decentralized stablecoins are problematic."
Decentralized stablecoins utilize a decentralized asset as collateral, this means they are backed by whatever the collateral is most usually traded against, which for now is the U.S dollar.
When it comes to regulation the situation is complex, however we can break it down:
1. Looking at EU, MiCA (Regulation (EU) 2023/1114), Recital 22 it is stated that: "where crypto-asset services are provided in a fully decentralised manner without any intermediary, they should not fall within the scope of this Regulation" and "where crypto-assets have no identifiable issuer, they should not fall within the scope of Title II, III or IV".
2. Looking at, US, GENIUS Act (signed July 18 2025), Sec. 2 defines a "payment stablecoin" as a digital asset whose issuer is obligated to convert or redeem it for a fixed amount of monetary value. In our case, @KaspaDollar has no identifiable issuer.
3. The freeze/blacklist requirement you are referring to is Sec. 4(a)(6) of the same act, and it applies to "permitted payment stablecoin issuers", i.e. centralized issuers like USDT and USDC.
4. Freeze and blacklist functions exist because a company holds USD in a bank and is a regulated entity. There is neither a bank account behind @KaspaDollar nor a company behind it. There will be no developer fees and no upgradability. This will also apply to the oracle itself.
Concern 4: "Decentralized stablecoins are hard to list on exchanges"
The current market situation says the contrary:
1. DAI/USDS is listed on Binance, Coinbase, OKX, Bybit, MEXC, Kraken etc. and has no freeze functionality. Now it is true that they have the possibility to enable this, but at its current stage it is still unfreezable yet listed on most major CEX's.
But more importantly, a CEX listing is not the goal for @KaspaDollar and having this expectation, misses the point what it is for.
DAI was not built to be traded on Binance, it existed so that Ethereum DeFi had a stable value of account that lived onchain. Following its creation, everything else was built on top of it.
On Kaspa, we have the same gap today:
1. there is no dollar on L1,
2. no stable pair for a DEX,
3. no stable asset to lend or borrow against,
4. no way to take profit without leaving the chain,
5. no reason for anyone to build any of that.
Every DeFi primitive starts with a stable unit of account, and there is not going to be one from a centralized issuer without having seen some kind of evidence that sufficient volume is to be expected. Therefore, @KaspaDollar is the first one to take on that risk.
So the order that I believe in is not: "get USDT, then DeFi". It is "create a decentralized native stablecoin, build the DeFi, show the volume, and then the issuers come".
$KAS I just want to share why I personally have not donated to KaspaDollar yet and hoping I can get some more information.
First off I think its not good to ask for funding without a whitepaper or much more guidance on how things will work. To me it appears as give us the money and then we will research and figure out how achievable the goals we want.
Secondly, I truly believe we do not have time to be spending our resources on a brand new from scratch stablecoin. To me all efforts should be spent on getting native L1 support for already established USDT and USDC stablecoins.
Third, from what I can tell the goal is to make this stablecoin trustless. This means there is no way to freeze or blacklist addresses. This is a problem. Stablecoins are backed by the dollar and typically require those features in order to prevent money laundering and follow regulation. This means that if development moves forward for this we will not see this come to life without a few years of wait time. The reason for this is because this stablecoin would not be easily listed on popular exchanges. The only way to obtain it will be via DEXs which for Kaspa as far as I am aware we do not have proper DEXs if they do exist they lack accessibility.
These are my thoughts. Please if you have more information surrounding this leave them below.
ImbooX retweeted
🔴 URGENTE
VOX presenta, junto al PP andaluz, unos presupuestos en los que incluyen 2.500 sanitarios y 4.309 profesores más en Andalucía.
¡Esto sí es DEFENDER los servicios públicos! 👏🏻👏🏻👏🏻
ImbooX retweeted
🚀 MY 2027 BULL RUN PEAK PRICE PREDICTIONS! 🎯 #Crypto
🐋 MAJOR CRYPTO TARGETS
$BTC — $120,000
$ETH — $8,800
$SOL — $720
$LINK — $120
$BNB — $1,800
$ICP — $460
$TAO — $2,100
$ADA — $9
$INJ — $220
$RNDR — $80
$DOT — $99
$ONDO — $12
🔥 ALTCOINS ON MY RADAR
$XRP — $5
$DOGE — $1.90
$TON — $35
$AVAX — $350
$TRX — $2
$NEAR — $130
$PROPY — $17
$PAAL — $8
$MATIC — $4.80
$LTC — $669
$ERN — $180
$KAS — $2.50
💎 MORE POTENTIAL RUNNERS
$UNI — $150
$HBAR — $1.40
$ATOM — $128
$WIF — $25
$STAR — $19
$LMWR — $33
$IMX — $30
$FOXY — $1
$ARB — $8
$VET — $0.75
$SUI — $21
⚡ SMALLER CAPS TO WATCH
$GALA — $0.99
$XCAD — $12
$COTI — $3
$GRT — $6
$SUPER — $15
$FIL — $236
$BICO — $35
$TET — $100
$AIT — $6.30
$MINA — $25
$CGPT — $5
$ATH — $1.11
$MOG — $0.0000039
$ESE — $1.30
📈 Could these targets be reached during the 2027 bull run? The possibilities are exciting, but outcomes remain uncertain. These are speculative price projections, not guaranteed results.
⚠️ RISK REMINDER: This post is for entertainment purposes only and is not financial advice. Any altcoin can lose substantial value or become worthless.
💰 Never invest money you cannot afford to lose. Always DYOR and manage your risk responsibly.
ImbooX retweeted
I’ve been watching $KAS again recently.
The next emission reduction is due on 4th November, but that’s not really the only reason I’m interested.
Kaspa is still trying to build an ecosystem around its proof-of-work network, with KCC-20 now in place and improvements to wallet usability.
I think that’s important. Having a fast network and a fair launch is one thing, but it needs applications and people actually using it.
The question is whether the ecosystem can develop quickly enough to attract attention beyond its existing community.
I’ve always thought Kaspa was an interesting project. I’m not convinced the market has fully worked out what it could become, but there’s still plenty to prove.
Anyone else keeping an eye on $KAS?
ImbooX retweeted
Kaspa Is Gaining Momentum - Here's Why! $KAS
youtu.be/ovvz45TPMLg?si=LA7U…
ImbooX retweeted
Binance is trash. Not because it didn't list Kaspa; because it didn't *use* Kaspa to protect its users funds. Kaspa with Covenants would have stopped this $6B breach.
Covenants allow to attach customized spending rules directly onto individual coins (UTXOs) enforced natively at the protocol level.
Instead of relying on a heavy, account-based virtual machine like Ethereum (EVM), Kaspa enforces these conditions natively at the protocol level.
Hot wallet operational risk just cost the industry $6B+.
Build systems where large movements are $KAS covenant constrained by default, enforced on the L1.
We’re looking for those founders for the KaspaBots accelerator.
Apply if you’re building the infra that makes “one compromised laptop” irrelevant.
ImbooX retweeted
kaspa:native fam, It's been a week and we've raised roughly 200,000 #Kaspa towards @KaspaDollar. At this rate, we will miss the mark. It will take 25 weeks. Let's get the word out! And donate! kaspadollar.com
ImbooX retweeted
Over 215,270 $KAS (~$7,375 USD) already raised for Kaspa Dollar! 👏
Amazing to see the community stepping up to build a true decentralized stablecoin on #Kaspa.
Respect to everyone contributing — keep it going! 🔥💪
kaspadollar.com
Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability alone, however, does not make an ecosystem. Decentralized finance requires a unit of account that holds its value, and until Kaspa has a stablecoin of its own, every application built on it will remain dependent on assets issued elsewhere.
The design we intend to follow is the decentralized, overcollateralized stablecoin: a pattern whose security properties have been examined and tested across the industry for the better part of a decade. With the support of the core team, we consider the conditions right to bring it to Kaspa.
Realizing this requires development, an independent audit, further research, and the operational work of taking a protocol from specification to production. To fund it, we are opening a fundraiser with a target of 5,000,000 KAS.
Contributions are made directly to the fundraising address published on the website. Should the target not be reached by 1 January 2027, every contribution will be returned to the address from which it was sent.
Up until that point, this account will share the plans, details and progress of the work as it develops.
ImbooX retweeted
Entity X, Kaspa largest known holder, continues accumulating KAS.
Another 3.03 million KAS has arrived from Gate .io, bringing the wallet's balance to 1.543 billion KAS, worth approximately $50.3 million.
The latest transfer extends the wallet's steady accumulation throughout October.
ALT kaspa.stream
ImbooX retweeted
Bitcoin had Miami.
Ethereum had DEVCON.
Now it’s Kaspa’s turn.
Introducing the Kaspa Conference: a 4-day experience bringing together builders, investors, and the $KAS community.
And we’re investing up to $1,000,000 in Kaspa startups.
Here’s what we’re building. 🧵
ImbooX retweeted
JUST IN: ETORO USERS CAN NOW BUY AND SELL KASPA'S $KAS
eToro is a Nasdaq-listed broker with 4.36M funded accounts.
More than 804,000 addresses now hold KAS.
