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
Here we go again: rehearsing a major hardfork on testnet 10, this time crescendoing into Toccata
Activation is scheduled for tomorrow May 18, 16:00 UTC.
Existing TN10 miners/operators should upgrade now. In a few hours upgraded p2p nodes will stop connecting to non-upgraded nodes as we enter the 24h pre-activation window.
Let’s make the mainnet activation boring by making the TN10 rehearsal as mainnet-real-world as possible
Dear @elonmusk ,
This is not an engagement trap.
I’m not asking you to comment.
I’m not asking you to pump anything.
I’m asking for something much simpler.
You’ve always been driven by first principles thinking and by technologies that redefine existing systems, not by narratives, not by hype.
There is a Proof of Work protocol called Kaspa ( $KAS ) that most people still misunderstand.
Not because of price.
Not because of market cap.
But because of its architecture.
It’s a blockDAG based on GhostDAG, a generalization of Nakamoto consensus that processes parallel blocks instead of discarding them.
It keeps PoW security while achieving near instant confirmations and extremely high block rates.
No pre mine.
No pre sale.
Fair launch.
Pure game theory.
I’m not asking what you think about the valuation.
I’m genuinely curious what you think about the technology.
Because if the future of money is built on engineering integrity, then engineering deserves scrutiny.
That’s it.
@kaspaunchained@KaspaKii@Kaspa_Commons
$KAS at 3 cents.
This will be the last cycle we see these prices again. Here is where you make or break an investment of a lifetime.
Don't mess it up.
https://t.co/fVGMLPmCZt
$KAS is converging toward a network that can no longer be optimized. Sit on that if you're second guessing your decision to HODL.
The best is yet to come. The application of this kind of network expands to every sector, including AI.
https://t.co/EU6jDxLIIx
You have 100K USDT to spend on one Token , what would you buy?
1. $KAS 6. $PEPE 11. $ASTRA
2. $WKC 7. $MANYU 12. $TROLL
3. $PI 8. $KENDU 13. $AURA
4. $Fartless 9. $SPX 14. $VRA
5. $DOG 10. $BOSS 15. You write
It's time to put this myth to rest.
Human nature is to form hierarchies. Leadership figures rise in all sufficiently large communities. Being decentralized doesn't mean that there are no leaders, but that the leaders' authority is derived from community support.
That's why, in a project like Kaspa, it is *more* important to recognize and criticize it's (ephemeral, informal, yet still very much real and very much steering the project) leadership.
Otherwise they will, I dunno, destroy important community resources on a whim.
A statement about the dissolution of Kadena LLC @kadena_io $kda
1. I'll start from the end: the downfall of Kadena LLC brings me no joy. When I recognize a risky situation and try to warn about it, my motivation is to help people avoid the risk, not gloat when they pay for ignoring the signs.
2. Believe it or not, I actually have quite a few friends in the Kadena community. They have fought valiantly to keep this project alive despite poor, abstruse, sometimes downright hostile leadership. I'm sorry for the turn of events and wish them well.
3. Rumors have it that Kadena LLC employees shorted the coin before the announcement, squeezing tens of millions of liquidity from their community one last time. I don't know if these rumors are true, but the fact that they might be outlines an advantage of TradFi over crypto. In TradFi, shorting your own stock before making an announcement that will affect it is a serious criminal offense. You might argue that delegating the power to enforce the relevant law is against the vision of cryptoanarchism taking down the institutions or whatever, but investors don't really care about that. They are concerned that there is nothing to protect their asset from insider trading. They want to know that there is some mechanism in place to ensure that if the project fails, it'll affect all shareholders, and prevent a close circle of developers from having anti-competitive provisions.
4. From an external PoV, Kadena's fall is not a win for Kaspa, but a loss for PoW in general. The reputation of PoW is problematic, and seeing one of the few PoW projects that present themselves as providing novel solutions to scaling PoW go down this way is going to poorly affect this entire section of the crypto industry. Some might migrate whatever Kadena they have left to other PoWs like Kaspa, but I expect many PoW holders to move on from PoW altogether.
5. I hope all of this at least comes to show that I am never out to fud anyone. I speak up against projects that pursue broken paths because that's how they are all destined to end. I don't want people to be exit liquidity for poorly managed projects whose team will eventually have no recourse but to dump.
6. My criticism of Kadena, and every other project I criticized, starts with the tech. But a poor response to criticism usually exposes problematic management. Whenever the official team (or the closest thing available) meets my technical claims with dishonesty, obfuscation, deflection, and personal attacks, I know the project is in a crisis of leadership. This happened with Kadena, when dry mathematical comments about their ability to scale devolved into a multi-year all-out war, where Kadena LLC employees responded to my criticism in any conceivable way except actually addressing it. I'm not saying this to whine about how they treated me, but to emphasize what a strong sign it is that something is wrong at the top.
7. Unfortunately, I recognize the same patterns in Kasplex's conduct, which is why I tried to call them out. This created a backlash, this time from within the Kaspa community, but that was to be expected (though I have to say I did not see the bogus accusations of racism and lack of diligence on this year's bingo card). I don't really care. I'd rather be disliked for pointing out dangerous truths than liked for helping conceal them. I just hope Kasplex won't end the same way Kadena did: bailing, while (allegedly) liquidating the community out of dozens of millions. I'm pretty sure they are en route to failure, and I see little reason to believe they'll have the dignity to go down with the ship if they fail.
8. But this obviously does not end with Kasplex. Hopefully, in light of these circumstances, my warnings about other projects with problematic leadership (of which I can count at least five) will be better heeded.
9. With all that said, I'm truly sorry for anyone who lost money, time, and effort trying to contribute to and revive Kadena. Crypto is a harsh mistress. Believe me, I know.