"And whatsoever shall seem good to thee, and to thy brethren, to do with the rest of the silver and the gold, that do after the will of your God." - Ezra 7:18
It's no major loss. @binance is losing its grip and status in Europe. It's not what it used to be. It used to represent what #crypto stood for, now it's motivation is nothing but money and greed. @krakenfx is showing the way.
A dummy from @RionTheG thanks man :)
Kaspa’s Carnot Engine — Simplified
Kaspa has a fixed supply. No new coins can be created beyond what the protocol allows. What changes is who holds them, who wants them, and how much mining power is competing for them.
The cycle works like this:
🔥 1. Price rises
Demand exceeds available supply. Buyers rush in, price goes up, mining becomes more profitable.
🔥⚙️ 2. Miners react
High profits attract ASICs and hashrate. More machines come online, but with a delay because they take months to manufacture and deploy.
❄️ 3. Price falls
Eventually holders take profits. More coins hit the market. Demand weakens. Price drops.
⚙️❄️ 4. Hashrate keeps rising anyway
The ASICs ordered during the boom are still arriving. Miners keep producing coins into a weakening market, squeezing profitability and extending the downturn.
🧊 5. Everything freezes
Price is low. Mining profits disappear. Sellers stop selling because prices are too low. Buyers slowly absorb supply. Liquidity dries up.
🚀 6. Scarcity takes over
With few sellers left and supply fixed, demand eventually overwhelms available coins. Price rises again, miners return, and the cycle repeats.
The key idea:
Price moves first. Hashrate follows later.
The same delay that hurts miners on the way down helps them on the way up.
Today this cycle is powered by block rewards. In the future it must be powered by transaction fees. The long-term question isn’t whether Kaspa is scarce—it’s whether enough real economic activity exists to keep the engine running.
BTC cannot support MASS self-custody:
If everyone in the world did only one BTC TX, the queue would be over 37 years long!
The math is undeniable:
(Block size (1.66MB)/Transaction size (P2PKH) (374B)) / Block time (10M) = TPS (7.75). 8B (Users) / 217M (Yearly TXs) = 37 years!
🚨 15 days until $KAS hard fork and half the nodes are already running #toccata. Also HumPool, which accounts for 26% of the total hashrate, will be shutting down in a few days so if you are pool mining there please consider solo mining. Not only will you receive higher payouts, but it’s very satisfying to set it all up yourself. Running the stratum bridge is the easiest thing to do if you know how to join a pool.
This is to the Men.
I see you. This system(world) is not what you were made for.
You persist to do what is right and don’t get loved and applauded for it. That’s ok. Your father above sees you. You make mistakes. Your father still loves you. You feel alone hellbent on making life better for others. Don’t stop. Justice means nothing without enforcement.
I’m proud of you.
A hardfork is a rule change.
After activation, upgraded nodes enforce the new rules. Old nodes keep following old rules and fall out of the main network’s consensus path.
That matters for miners, pools, exchanges, explorers, wallets, and node operators.
Toccata is not a marketing event.
It is a consensus event.
The chain decides when it is live.
Target: DAA 474,165,565.
$KAS #Toccata