Hey $kas, in light of the impeding KRC20 launch, a word of caution: remember that $kas and KRC are decentralized, permissionless platforms, and as such, can not and should not monitor and regulate the conduct of tokens deployed above them. As with any permissionless setting, the…
— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) June 29, 2024
In a recent tweet, Shai Deshe Wyborski, a PhD candidate in quantum cryptography and core developer of Kaspa, issued a word of caution to the Kaspa community in light of the impending KRC20 launch. He reminded users that both Kaspa and KRC are decentralized, permissionless platforms, and therefore cannot and should not monitor or regulate the conduct of tokens deployed above them.
This statement highlights the fundamental principles of decentralization and the hands-off approach that Kaspa takes in allowing users to interact freely within the ecosystem. As with any permissionless setting, users are responsible for their own actions and decisions when deploying tokens on the platform.
Shai’s warning serves as a reminder to users to exercise caution and responsibility when utilizing Kaspa and KRC, emphasizing the importance of understanding the decentralized nature of the platforms. As the KRC20 launch approaches, users are encouraged to remain vigilant and informed about the potential risks and implications of their actions.
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