Neo

Open Minded Human | $KAS | $BTC | Modern seeker of timeless truths | Crypto OG | DYOR

[BSCN @BSCNews]

Toccata was the opening act. DAGKnight is the main event

Kaspa's next consensus upgrade replaces GHOSTDAG with a model that adapts to real network latency, targeting block times of 25 to 40 milliseconds. Core developers are aiming for a hard fork by the end of Q3.

Founder @hashdag has proposed bundling it with a ZK bridge in one fork, with a 100 blocks-per-second target to follow in 2027. $KAS

[Kaspa Silver @KaspaSilver]

$KAS is just one influential voice away from a real breakthrough. Someone deep in the Bitcoin world who actually gets the tech, sees how Kaspa avoids all the major issues Bitcoin is showing right now, and is willing to do a genuine deep dive and speak honestly about what they find. Who’s it gonna be?

[Travladd 𐤊 @OfficialTravlad]

They don’t want $KAS to succeed.

It’s a real technological advancement. It’s why people are behind it.

‘Competitors’ drown it out through paid campaigns and PR.

But it’s the real deal.

[₿RT 𐤊 🐈📈 @brt2412]

Woke up early this morning and decided to sell some of my $BTC for a Best Buy gift card to buy some electronics.

I was all excited to have an early start to my day and go shopping. Got in the car and sent the BTC to sell it….2.5 hours later and the transaction just now confirmed in the mempool….2 and a half hours of waiting for a single transaction to move in the digital age…all of you people calling Bitcoin the greatest thing ever that will have mass adoption while not even knowing what a UTXO is can go fuck yourselves.

Defending this outdated and slow system is crazy. Buying $10 worth of paper btc on Robinhood with fake instant settlement and jerking yourself off as the Warren Buffet of investors is NOT using Bitcoin.

Rant over.

[Yonatan Sompolinsky @hashdag]

since many (~4) asked me about the zcash bug - - - earlier this year I had this convo with a zcash core dev:

zk: it's weird that kaspa is pruning past records
me: why does it need to keep 'em?
zk: the whole point of ledgers is to prove correctness of all state transitions
me: the whole point of ledgers is to provide focal points for the consensus state
zk: the whole point...
me: hmm then why did you come work in zcash? you know the Sprout->Sapling counterfeiting bug
zk: Turnstile guarantees that the counterfeit could have been very limited
me: true but you still cannot prove or even reason about correct state transitions besides the total supply cap
zk: that's actually a good point

----

the most hardcore cryptography coin is shifting away from correctness proofs to practical-enough proofs. I believe this is a step in the right+practical direction, yet the paradigm shift should not go unnoticed - -cryptography is giving way to consensus.

if you came to zcash for cryptographic integrity, reconsider. there are many good reasons to root for zcash prospering. zcash is serving a more important role than bitcoin, whose utility for the original mission is by now blurry. cryptographic integrity is/should not be one of those reasons.

----

BTW the bug should definitely have been exploited. I don't know the personal values of Taylor Hornby, and I shouldn't be required to make the effort to learn them. I only know that if I found such an exploit, it wouldn't take me more than a few minutes to tempt myself into printing a longint amount of ZEC and deciding later what to do with it.

I wouldn't necessarily use it to exit the pool immediately and corrupt the supply, I'd wait to see if some portion of the broken pool does not seem to migrate on time (probably lost funds), in which case I would not think twice before claiming the funds myself.

you could argue that no harm done, and you might be right, but then again you are here -- in zcash / in crypto -- for its consensus dynamics, the ability to coordinate interests and convictions across different trust zones around some shared asset; not for some pristine mathematical integrity.

[Neo @0_Ne0x]

@Grayscale $KAS Above all

[The Kaspa Onion ꓘ @thekaspaonion]

anything that isnt bitcoin is a shitcoin

ok then explain this....

the people who invented lightning literally state that its not bitcoin and that you are leaving the network of hashrate

[Kaspa Silver @KaspaSilver]

Bitcoin has emissions that will last until 2140.

Bitcoiners:

That means we have until then to worry about fees supporting the network.

Kaspa has emissions that will last until 2052

Bitcoiners:

No, one is using it and fees need to support the network. It will die very soon.

Kaspa 24 hour block reward emissions in USD: $83K
Bitcoin 24 hour block reward emissions in USD: $27.88M

Kaspa Market Cap: $857M
Bitcoin Market Cap: $1.34T

Kaspa fees in last 24 hours USD - $45
Bitcoin fees in last 24 hours USD - $170,771.43

Fees Percent of Block Reward
Kaspa: .054%
Bitcoin: 0.61%

Both are running into the same problem. Kaspa refuses to ignore it and Bitcoin decides to ignore it.

If Bitcoin stays at this price it has about 10 years before it becomes urgent.

If Kaspa stays at this price it has about 2 years before it becomes urgent.

The main difference here is that Kaspa is built to support a plethora of use cases that go beyond just monetary usage. Builders are already here trying to make sure that happens.

Kaspa offers real time decentralization at internet speeds on a proof of work network for the first time in history. Humanity ignoring this breakthrough I believe is too costly.

[Neo @0_Ne0x]

@BitcoinRachy Cause everything else is centralized .. $KAS isn’t lol

[SatsySiren @SatsySiren]

Why is Kaspa $KAS not listed on @binance ?

Is it because the project is a fair launch and Binance cannot get early allocation like most VC backed coins ?

[Neo @0_Ne0x]

@BitcoinRachy $KAS full transparency .. if I were older I’d say $BTC. The mid to long term risk with BTC is what deters me. I like my odds better with Kaspa. We’ll see what the market decides and how much it’s adopted

[Neo @0_Ne0x]

@BitcoinRachy $KAS full transparency .. if I were older I’d say $BTC. The mid to long term risk with BTC is what deters me. I like my odds better with Kaspa. We’ll see what the market decides and how much it’s adopted

[Neo @0_Ne0x]

@FreedomMemesIRL Internet gets faster .. only one of the 2 projects can scale with this over time

[Neo @0_Ne0x]

@Rally__vincent Please explain

[₿itcoin Rachy ⚡️ @BitcoinRachy]

Who is the biggest army in crypto twitter?

I wanna see something.

[₿itcoin Rachy ⚡️ @BitcoinRachy]

Okay Vijay, I did it for real.

.05 BTC converted to KAS.

Happy?

[Kaspa Silver @KaspaSilver]

What is Kaspa? $KAS

[Neo @0_Ne0x]

@BTCBreadMan Same logic applied to lightning

[Neo @0_Ne0x]

@Rajatsoni You’re the reason I stopped believing in Bitcoin

[Neo @0_Ne0x]

@SatsySiren @KaspaAce $KAS fixes crypto .. true cypherpunk project