argent now has a first implementation of covenant genesis proofs:
https://t.co/u4G36X0lkE
idk how to emphasize this enough, but i expect *every stateful covenant* deployed on kaspa to eventually provide such a proof.
the goal is a verifiable link from a covenant id back to the source code, deployment parameters, and genesis state that produced it.
we should strive for an ecosystem where explorers expose this proof data for every covenant id they discover onchain, assuming its deployers want public trust.
think of it as the analogue of contract verification on etherscan, extended to stateful covenants: you should be able to inspect what a covenant is, audit the code behind it, and verify how it was instantiated.
kudos to @supertypo_kas for being an early-bird example of such a proper deployment process:
https://t.co/B6g9H0C9x1 (not sure if the sil contracts themselves are public yet)
bitcoin dev's were discussing covenants back in 2013.
bip-119 later proposed one approach to covenants, restricting spending to a predefined transaction template. it was never activated on btc tho.
kaspa’s covenants go further (covenants++ if you like). scripts can enforce spending rules, carry application state forward and let that state split into branches that progress independently. multiple contracts can also update together in one transaction, with all changes accepted or none of them.
dev's write that logic in silverscript, which compiles it into scripts kaspa enforces on L1.
Someone finally explained the vProg.
@michaelsuttonil on the tic-tac-toe demo: a standalone "based zk app," with ~30% of the yellowpaper in L1 as KIP-21. Proving cost scales with your app's activity, not the whole chain's. Small apps are viable.
@KForge_xyz launched a covenant-enforced launchpad on testnet: bonding curve to ownerless AMM, no sequencer. Presale Oct 1.
@KurncySolutions demoed AI models in covenants, not IPFS. @dotk_name joins next week.
Games yesterday. An economy today.
SilverScript Studio is now live on mainnet.
Write Kaspa covenants by hand, with a wizard, or by describing them to an AI that speaks only SilverScript.
Deposit and withdraw with your own wallet: Kasware, Kasla, Kastle (Kastle to deposit; signing support is coming).
Multi-signer covenants get a link the other parties sign from.
https://t.co/ptHHHf0k1K
BREAKING: $KAS RISES 14.9% ON MIAMI REAL ESTATE NEWS
$KAS is up 14.9% after Bayit Development plans to accept Kaspa as payment for luxury townhomes in Miami, per CoinGecko.
Kaspa climbs to #59 🚀
$KAS moved from #61 yesterday to #59 now, with a $1.3B market cap.
That rank jump animation hits different.
Think it can crack the top 50 before month-end? 👀
#Kaspa
If you were here in 2016/2017.
You remembered what happened to $XRP.
$KAS gives me the same exact vibes before that massive run up.
Only difference is no VC’s to dump on us.
#KASPA#CRYPTO $BTC $LTC $ZEC #PoW
I mention kaspa:native because it is top tier tech.
I’d like to see more institutional adoption and what I notice is ‘I won’t trade here until KAS is here’ and I understand the approach.
But billion dollar companies don’t need $KAS maybe support the companies and then they will take it seriously.