Kasmos

[Kasmos @KasmosLabs]

How Kasmos builds a prediction market on Toccata hard fork
It's not a server, database, or custodial wallet.
It's a set of SilverScript covenants that your own wallet co-spends — rules enforced by every Kaspa node on every transaction.
• CtfVault escrows KAS and splits it into YES + NO tokens. Only the winner redeems.
•YES/NO shares are bound to their own covenant ID.
•Orders + permissionless matching, all fully on-chain.

The real trick: Toccata's covenants (KIP-17 + KIP-20) let a script enforce where funds go and bind tokens to unbreakable rules — all enforced by consensus, with no operator.
A prediction market is just those rules, running on-chain.

[Kasmos @KasmosLabs]

@brt2412 @mrZeku2000x @Kaspa_Girl @Chris_Hutch7 @realvijayk @kaspador_ @qu1ck_crypt0 Yes, it will be open-sourced this month.

[Kasmos @KasmosLabs]

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.

[Kasmos @KasmosLabs]

@Kaspacryptoking already building:
https://t.co/nB0fObtAbr

[Kasmos @KasmosLabs]

Product Two.

We’re building a full suite of covenant-native products on Kaspa. This one is a proven category.

Will $KAS hit $0.2 this year? You can bet on it.

Meet Auspice — a native prediction market based on Kaspa Toccata covenant. No custodians. No bridges. No L2. No extra token.

Collateral sits in the market’s own covenant. Payouts are enforced by consensus, not promises.
You trust code and covenants. Not us.
Live end-to-end on TN10 today. Mainnet the moment covenants land.

Read the signs. Trade the morrow.

[Kasmos @KasmosLabs]

Product Two.

We’re building a full suite of covenant-native products on Kaspa. This one is a proven category.

Will $KAS hit $0.2 this year? You can bet on it.

Meet Auspice — a native prediction market based on Kaspa Toccata covenant. No custodians. No bridges. No L2. No extra token.

Collateral sits in the market’s own covenant. Payouts are enforced by consensus, not promises.
You trust code and covenants. Not us.
Live end-to-end on TN10 today. Mainnet the moment covenants land.

Read the signs. Trade the morrow.

[Michael Sutton @michaelsuttonil]

Kaspa Toccata mainnet process update:

Today we plan to publish the v1.3.0 mainnet pre-release, without activation, for 1–2 days of broader network sanity testing.

Assuming everything looks good, the following release will be v2.0.0, with activation planned for June 30, 4 weeks from today

[Kasmos @KasmosLabs]

@michaelsuttonil @OriNewman @Max143672 @IzioDev @coderofstuff_ @hus_qy @manyfest_ @asaefstroem @Tiram_88 @smartgoo_ Congrats 👏

[Kasmos @KasmosLabs]

Two years of hype, zero deliveries. Classic.

[Kaspa Kii @KaspaKii]

We still need Fireblocks to integrate Kaspa it’s a more important catalyst.

Fireblocks is the dominant enterprise-grade custody and wallet infrastructure platform used by hundreds of institutions, banks, hedge funds, and a huge chunk of centralised exchanges.

It handles secure key management (via their MPC-CMP tech), policy engines, and operational workflows for thousands of assets across 150+ blockchains. Without native Kaspa support:

• Many exchanges literally can’t add KAS easily or safely at scale because they rely on Fireblocks for hot/cold wallets, transfers, and regulatory compliance.

• Institutions (think hedge funds, ETFs, or corporate treasuries) won’t touch it yet in size if their existing Fireblocks setup doesn’t support it out of the box custom integrations are expensive, slow, and introduce extra risk.

This is a roadblock. Several exchanges have said they want to list Kaspa but are waiting on Fireblocks. It was apparently on their roadmap/to-do list last year, but it hasn’t shipped yet.

This is exactly the kind of “unsexy but critical” infrastructure play that separates projects stuck in retail circles from ones that unlock real institutional capital.

Copper’s ClearLoop is a partial workaround for some OTC/trading flows, but it’s not a full replacement for broad custody + exchange support.

But with Kaspa maturing with Toccata the case for integration is greatly enhanced.

[Kasmos @KasmosLabs]

@Kaspacryptoking @hashdag No, it's his own mental problem.

[Kasmos @KasmosLabs]

In just days, Kaspa flips the switch on Toccata — native covenants (KIP-17/20), ZK verification opcodes (KIP-16), sequencing commitments (KIP-21), and the SilverScript compiler. World-class engineering. Real programmable Proof-of-Work. But let me ruin the party real quick

Covenants aren’t new. Bitcoin has been arguing about them for years — OP_CAT, every proposal imaginable. The outcome? Still zero Ethereum-sized ecosystem. A more powerful primitive doesn’t magically create a stronger ecosystem.

Here’s what the countdown won’t tell you: Toccata ships the engine. It does not ship the car, the roads, or the drivers. Opcodes are ~10% of the work. The remaining 90% — indexers, wallets, UTXO co-spend, tooling, docs — is still 100% on the community.

Native ZK at L1 is genuinely incredible. But verifier opcodes don’t write circuits for you. Who’s building the proving systems? With what tooling? For which users? Power that nobody can actually use is just a fancy press release.

The uncomfortable truth: Kaspa still has very few real ecosystem developers. What currently gets called “the ecosystem” is mostly chat apps stuffing data into OP_RETURN-style payloads. That’s not a dApp. Toccata raises the ceiling. It doesn’t raise the floor.

So here’s what will happen in the next few weeks: The fork activates perfectly.The chart might pump.And then most people will realize… there’s still almost nothing to actually use. Because building anything meaningful is still brutally difficult. The hard fork isn’t the finish line.
It’s the starting line.

The real question was never “Does Kaspa have covenants?” It’s: Can a normal developer ship a real app in a weekend without building everything from scratch first? Answer that question correctly → Kaspa wins.

Fail to answer it → Toccata becomes a beautiful engine sitting in an empty garage. June 20 is the beginning, not the end. #Kaspa $KAS