@Chris_Hutch7@BTCBreadMan It’s true, bitcoins only sticking point is store of value. Store of value is only one facet of Kaspa. Bitcoin bros in disbelief
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
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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.
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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.
We're releasing a series of products for Kaspa's Toccata Era.
First Up: Kasmos Wallet — a Covenant++ native wallet.
The uncomfortable truth about Kaspa wallets today — they're one of two things:
• P2PK wallets: send KAS, receive KAS
• EVM wallets: bolted on for an L2
Not one of them can construct a covenant transaction. That's fine today.
After June 30 it's a wall.
Using a covenant app means a wallet has to construct the transaction. Input selection, sighash modes, co-spend, carriers, change, utxo continuation. A different discipline entirely.
We've spent years on application-layer development in the Bitcoin. That's the experience that went into Kasmos Wallet. And we're putting the pattern in working code as a reference, so the whole ecosystem has something to build toward.
It runs on testnet today. The day Toccata activates covenants on mainnet, it's ready.
@CryptoKaleo native privacy is bad for hardmoney. people will eventually come to this conclusion once spending enough time understanding the risks of zk.
an auditable supply is king
@Ghostbanned7 Thanks for your reply - one thing I will say about you is your nano conviction is insane id love to hear about your crypto journey and how you ended up sticking with xno. Personally im a proof of work maxi but ive got an open mind
To bad people didn't have this kind of energy when they found out their leaders were fucking kids, or poisoning them with vaccines, laundering their money for fake wars, spraying the skies to block out the sun and a host of other crimes against humanity. But a soccer game.. yup.
KasBears will officially launch tomorrow so this is your last chance to register for the whitelist! 🚨
Current KasBulls/BullClub holders must sign up on the club page to receive holder discount!
https://t.co/8wXUmBkyjy
The public whitelist is available until launch, register below ⬇️
https://t.co/H4qhiKnAwX
At launch the 40,000 $KAS prize pool for ‘Mint & Spin’ game will go live and any bounty prizes can also be claimed directly on our website!
#KRC721 #Kaspa #KRC20
@Trillion_Tao@DreadBong0 I like tig but I’m having a hard time understanding why a Bittensor subnet cannot replicate their algorithm improvement function can you please divert me to where I can deep dive more and really learn? Tried the whitepaper but the technicals are crazy