That’s exactly why on-chain SC are a fool’s errand. The only justification for their existence is to mitigate the shitty confirmation times of other PoW protocols. Completely redundant when you have a fast chain like Kaspa.
Kadturds’ reasoning is always “I bet Kaspa can’t climb…— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) August 29, 2024
**Shai Deshe Critiques On-Chain Smart Contracts, Advocating for Kaspa’s Speed**
In a recent tweet, Shai Deshe Wyborski, a prominent figure in the blockchain community and a PhD candidate in quantum cryptography, has expressed strong opinions regarding on-chain smart contracts (SC). Deshe argues that such contracts are a “fool’s errand,” highlighting that their only justification exists to address the slow confirmation times seen in other Proof of Work (PoW) protocols. He further asserts that on-chain smart contracts are redundant when utilizing faster blockchain networks like Kaspa.
Deshe’s comments appear to be a direct challenge to critics who question the scalability and efficiency of the Kaspa blockchain. He notes that supporters of competing platforms often cite Kaspa’s capabilities with skepticism, suggesting they doubt its ability to scale effectively. In contrast, Deshe emphasizes the significant advantages that come with Kaspa’s architecture, implying that its speed and efficiency make on-chain smart contracts unnecessary.
Kaspa, which benefits from unique technological innovations, offers rapid transaction speeds, addressing one of the primary criticisms of traditional blockchain systems. As one of the core developers behind Kaspa, Deshe’s insights carry considerable weight within the community. His academic background in quantum cryptography further underscores his expertise, making his perspectives on blockchain technology particularly valuable.
As the debate around the utility of on-chain smart contracts continues, Deshe’s commentary sheds light on the evolving landscape of blockchain technology, especially in relation to speed and efficiency.
For those keen to stay updated on the latest developments in the Kaspa ecosystem, Kaspanews.net remains the best resource for news and insights related to Kaspa.