I research consensus 🤝 Ph.D quantum cryptography 🤐 GHOSTDAG coauthor 👻 0th generation $kas 🎸 2SS Zio 🇮🇱 Once you find a good move, look for a better move
Sorry for another extremely graphic post, but I feel obliged to share as people still don't understand what transpired. The descriptions will almost surely disturb you, keep that in mind if you want choose to keep reading.
The sister of a friend of a friend was one of the people
@IAPonomarenko
It took Israel more than a week to figure out the death toll of 7/10, and the number is still not finalized. Gazan authorities, somehow, manage to come up with death tolls within minutes. Magic.
@ShehabiFares
You forgot to mention he STABBED TWO PEOPLE and was arrested for and convicted of attempted murder. But sure, frame an attempted murderer who stood trial as an "abductee", why not.
The $kas 10BPS testnet has been running smoothly for over 2 hours now. Even though we don't stress load transaction yet, some naughty participant decided to generate some anyway, whereby we are already witnessing more than 2000 TPS!
For the first time EVER a pure proof-of-work
Ladies and Gentleman of $kas, it is finally here!
Rusty-Kaspa is now officially in open beta! 🥳🥳🥳
We cordially invite everyone to participate, but not before carefully reading the statement posted by the rusty-crew crew:
The fun is just getting
Hi $kas, time for a Rusty-Kaspa/T11 update:
For those of you wondering why testnet 11 is taking so long, it is because incredible Rusty-Kaspa team keeps coming up with exciting new ways to improve the performance of the client. However, these require deep and subtle changes to
At 15, I dropped out of high-school and fell into a spiral of drug abuse and untreated clinical depression.
At 20, I pulled myself together and started getting treatment and rebuilding my life.
Last night, at 37, I finished writing my Ph.D dissertation in quantum cryptography.
Huge news $kas! I'm so excited that I physically cannot get straight to the point without gushing a little bit, so bear with me (or skip ahead). The tl;dr is that
@MichaelSuttonIL
revolutionized cryptocurrency (yes, again).
When asked what makes $kas stand out from other
Finding a route in the midst of chaos.
Check out our new unofficial $kas R&D space, that
@MichaelSuttonIL
built for us in his attic.
We are hopeful that many new ideas will emerge in this environment, driving Kaspa forward.
Kasplex is a project funded by
@Kaspa_KEF
to implement $kas KRC20. I have met the team for a pleasant session where they presented their work and we engaged in some me brainstorming. However, I (or any of the core/rust devs and researchers) are not involved in its development, so
The
@kasplex
team announced that ecosystem projects based on kaspa are coming soon(KRC20), which rised alot of questions about how it's done and at what stage of
#kaspa
's development.
What's important now is that kasplex is legit, waiting for details from them &
@DesheShai
$kas
Announcement from Discord:
I am glad to announce that the rusty $kas crew has released the new binaries for Testnet 11*, whereby marking the commncement of the second phase of the 10BPS experiment. If you wish to participate, here are the instructions:
Hi $kas, meet
@coderofstuff_
from the rusty crew! Coder is a self-taught developer in the Great White North working in the tech industry for over a decade. Coder started making contributions to the Kaspa echosphere since as early as 2022, around mid 2023, he made his first
Lots to unpack here, as you got many things wrong about $kas (and about crypto in general).
1. The first is a matter of opinion, but I argue Turing complete smart contracts and PoS are by no means "key features".
Arbitrary on-chain computation incurs insane overhead and creates
1/11) Kaspa lacks key features that are critical for L1 blockchains
KAS has no Turing-complete smart contracts or PoS!
Chains without these two features are uncompetitive, no matter how scalable they are
KAS claims to be technologically advanced, yet it fails to measure up:
This is how I dreamed it should look like.
Internal
#TN11
10BPS
#Kaspa
network with 4 miners spread world-wide and a modest load of 200 tx/s which we are gradually increasing. A larger distributed P2P network and full tx capacity are likely to result in a wider DAG (~15 width)
Hi $kas.
To better communicate both the work the rusty crew is undergoing, and how decentralized the development is, I decided to do an informal "developer spotlight" bit where each time I post about one of the developers. Their background, the story of how they got into Kaspa,
I emailed Elon Musk telling him there might be a security vulnerability in X, though I will not say what it is. He told me to f*ck off. I guess that makes me an X cofounder. X would not have been what it is today without my contribution.
Thanks for the vote of confidence in $kas Davinci, but I respectfully disagree with what you said about hard-forks.
In general, I think there is an unjustified air of negativity around the term hard-fork, when most people do not understand what they are.
Simply stated, a
Correction: Kaspa is the same as all other cryptocurrencies except
#bitcoin
! Meaning all others are somewhat centralized or not secure. But I am buying 😝 for the tech!
@JakeWSimons
I'm Israeli and I believe in a two state solution. I knew people who were slaughtered and know people on the front line. Please don't speak on my behalf.
Lately there is a new FUD against $kas making the round under the title of "client consensus".
The accusation, in a nutshell, is that conflicts that appear on the DAG on parallel blocks are only resolved "locally" by nodes, but not in "global" consensus, and hence Kaspa is "not
Hi $kas, it is time for another developer spotlight!
Meet Georges Künzli from the rusty crew, better known in the community as
@Tiram_88
.
George is Swiss, living between Switzerland and Spain and, in his words, "Old enough to have known pre-PC era computing :)".
How did you
He's right $kas. Only a year and a half ago hardly nothing but the consensus layer was complete. Since then, a small crew of devoted and talented volunteers managed, among the rest, to:
- Reimplement the rest of the codebase
- Completely refactor the mempool and many parts of
"Don't trust, verify"
To help $kas users verify the integrity of the chain,
@MichaelSuttonIL
and myself put together an elaborate step-by-step guide for performing this verification locally:
Anyone who wants to authenticate the Kaspa chain all the way
Hi $kas, it is time for a much-waited Rusty Kaspa update!
I know it has been a while since the last update, but for good reasons: after the huge push towards testnet11, some key contributors went on much-deserved summer vacations to work up their energy for the many challenges
🎉We are excited to announce the first stable
#RustyKaspa
(RK) node Release (version 0.14.1).
Read:
This is a significant milestone for the Kaspa network, as it marks the point where we shift to a new improved and optimized engine, which can now be built
As more people join $kas TN11, we see the graph starting to widen (in the picture: 15 seconds of the blockDAG).
KGI is so fast its making my head spin, and the block explorer looks like a time lapse.
What makes $kas decentralized? Let us count the ways:
0. Nakamoto Consensus
The GHOSTDAG (and DAGKnight) protocols enjoys security guarantees similar to classical POW chains, providing the same Sybil resistence and 51% safety and liveness.
To learn more about GHOTSDAG:
- White
Hi $kas, time for a Rusty Kaspa update.
The huge success of the first testnet11 run allowed isolating many long-term issues that will make the implementation even better, while not discovering any killer bugs that require immediate attention. This provides the leisure to pursue
I am blocking on sight anyone even slightly apologetic of the atrocities committed against my country, people, friends and brothers.
We are all in great pain. I have been crying for hours on end each day since Saturday. Last night was the first time ever that I woke up from my
Happy second birthday to the $kas mainnet.
Like last time, it is astonishing to see how much was accomplished during the last year.
I am really proud of what we all achieved together. We are not just a technology, we are a movement.
Hopefully, next year I will be able to
$kas, here we go again.
Justin, I don't think you understand what is meant by "rich-get-richer". This isn't just a vague statement that "people with money can more easily make money", and definitely has nothing to do with "replicating the old world". It is a very particular,
1/9) BTC & KAS are dinosaurs
Parroting that PoS replicates the old world & only makes the "rich get richer" is nonsense
PoS has superior economics, security & decentralization while being more fair & equitable!
There is no good reason to use PoW anymore; it is outdated tech:
Good summary.
Solving the trilemma was just first the first step for $kas.
Since then, we have solved self-scaling (DAGKnight), state bloat (KIP-9), and we are well on our way to solve MEV and the security budget problem. Just because Kaspa is already the best L1 doesn't mean
@UpholdInc
/
@hashdag
@KaspaCurrency
$KAS
AMA Debrief 🧵👇
These are my notes and should not be a reflection of any direct quotation* I tried my best to quickly document what was being said.
Current Rust / Dagknight
- algorithms are being developed to process Dagknight
$kas has no single point of failure.
The state of affairs in Israel is hard and sorrowful. But as far as personal safety goes, it still remains very safe. You should be concerned for soldiers on the front lines, as are we. But we and our families are all safely within the
$kas 10BPS testnet update
#1
1. The 10BPS testnet has been running for more than 24 hours now and it is pleasantly stable. Despite our (still standing) request not to start transmitting transactions just yet, we have witnessed rates of up to 2800TPS. However, it seems that most
Hi $kas. I will try to post a daily update on the 10BPS experiment, how things are going and what are the current efforts and challenges. I will use the current tweet to keep references to updates in order.
I will post the first update soon.
Since the shabbat is out I've been reaching out to all Israeli $kas contributors and community members I know. So far, everyone I have been able to contact is safe, as well as anyone they know of.
Thanks for your concern, it is very meaningful in these dreadful times.
There is one common mistake about $kas that is so prevalent, even expert academics seem to constantly run into it (here presented in $nexa's Tailstorm paper). They keep assuming that GHOSTDAG is a variation of GHOST, and then, when "comparing" their work with GHOSTDAG they
No, I am not going to keep things amicable when the founder of another project makes up stories about vulnerabilities in $kas that never existed to toot his own horn. You can stop asking.
( $kas)
1. If a powerful individual wants to adversely affect a chain, there are much more sensible and effective ways to do so than abusing a hard-fork.
2. Mistakes are inevitable, and refusing hard-forks makes many of them unfixable. That's why Bitcoin looks the way it does.
3.
The reason
#Kaspa
hard forks make the system insecure in the long term is not only because individuals with sufficient power can enforce a negative change, but also because a single error could potentially devastate the system.
$kas
M is being modest. This work is a breakthrough in regulating UTXO set growth (in both an adversarial and organic setting). A holy grail in its own right that so far only had partial solutions (usually relying on cryptographic accumulators).
A preprint and a KIP are underway
Just completed a 6-page mathematical proof of a mass formula which on the one hand prevents dust attacks from bloating the utxo set while on the other hand special care is taken to have minimal/negligible mass cost on normal point-to-point txns. Still a draft. Gn/Gm:)
Actually, $kas also has an innovative solution to solve state bloat and surprise: it is already implemented in TN11!
See here:
The KIP itself will be published soon (it takes some time to write as the math is a bit challenging).
Ethereum is the only chain with a long-term plan to solve state bloat
Verkle trees allow for witness data to be small enough to be attached to every block. Meaning validators and nodes can become stateless, and all state can be stored (much more efficiently) off-chain
$kas 10BPS testnet update
#3
Hello everyone. I am glad to update that the first phase of the 10BPS experiment is concluded. A few days of surprisingly smooth sailing has allowed Rust devs to 1. locate and eliminate noise inducing bugs, and 2. understand what are the most
🎉This weekend,
#Kaspa
will be representing at the
#HongKong
WEB3 FESTIVAL
🗓️ April 6-9, 2024
Shai,
@DesheShai
will be speaking with some global Ambassadors working the Kaspa Booth (B03).
Chad,
@rhubarbmedia
(Canada)
Luke,
@elldeeone
(Australia)
@Alyssa_Milano
A ceasefire just means allowing Hamas to R&R and commit more attacks like 7.10, as they explicitly said they would. A prerequisite for *lasting* peace is removing Hamas, and a cease fire would only make this effort more bloody and fatal ultimately.
Hi $kas, time for a blockchain security 101, a.k.a. "ah yeah, the two types of security". A subtlety that a lot of people don't understand and often leads to misinformed takes like the one below.
But before diving into that, let me just list some other benefits of high BPS
OK so lets set this straight once and for all because all this $kas "premining" fud is starting to really get on my nerves with how much it makes. no. damn. sense.
Yes, pruning implies that if there was an initial period during which a centralized entity completely controlled
🎉Good news! 📢 The long-awaited
@Ledger
integration is complete!
Securely manage and store your $KAS on Nano S, Nano S+ and Nano X! Download the
#Kaspa
app via
#LedgerLive
and use to interact with your new app.
Ledger Guide:
The $kas resources megathread. 🧵🧵🧵
In this ever growing thread I concentrate references to threads and articles which useful for anyone who wants to jump into Kaspa and GHOSTDAG. It is mostly meant to collect my own threads and posts, note entirely
$kas
#fastestpow
$kas node operators (especially mining nodes), please update your node to the following version ASAP:
Please contact any miner or pool operator you know and make sure their nodes are updated.
During the last few hours, our network faced a dust attack.
0/n
Hey $kas fiends, the Rust update you are waiting for is finally here! Before diving into the details let it be known that while
@MichaelSuttonIL
asked me to communicate how the efforts are going, I haven't actually written a single line of code! While I did provide some
@forgivenever
The $kas mainnet has been running in 1 BPS for more than two years with thousands of nodes. This is just an internal test for the new 10 BPS code before doing another public test. The first public test involved hundreds of nodes worldwide and smoothly held 3000 TPS for three
Hi $kas, I was asked to explain what is the meaning of this update and why it is significant.
In short, the mempool is where nodes store pending transactions. When a miner creates a block, she chooses the txns included therein from the mempool.
When the demand is higher than the
Hi $kas. So apparently, some people are concerned about the fact that we have some gaps in our ledger history. Some people asked whether this somehow implies there are issues with the security or transparency of the chain (and as usual, some trolls we all know went as far as
Here is the official statement regarding pruning with Kaspa. Now my personal stance is ofcourse why in the heck was an archive not maintained for the block explorer.
I feel the need to clarify, because this seems to be a very deep rooted misconception. $kas
A hard-fork does not necessarily mean that the chain is split into two chains. Yes, every such instance (e.g. BCH or ETC) is an example of a hard-fork, but there are many hard forks that
@gaza_report
Hamas do not understand the Israeli mentality. They think this will weaken us. Break us. It will not. It will give us more resolve to do whatever it takes to finish them off.
0/n
Speed does matter!
A common criticism about $kas is that "speed doesn't matter". In this 🧵 I hope to convince you that speed is not just a nice feature to have, but absolutely essential for the long term sustainability of a decentralized proof of work chain.
Besides being a $kas contributor, I am also in the process of completing a Ph.D in quantum cryptography. These circumstances naturally lead many people to ask me about the quantum security of Kaspa.
The short and boring answer is that I do not perceive quantum security as an
We've actually seen in testnet how the $kas DAA responds to a hashrate decrease of 99.8%: it took the network 20 minutes to recover. In Bitcoin it would take more than 200 YEAR (considering the fact that a difficulty epoch is 2014 blocks and each epoch can change the difficulty
Reminder: when "influencers" pit completely unrelated techs against each other they don't care about either, they're farming engagement. Don't let this hobo stir a rivalry between $kas and $icp, and don't take tech advice from people who think the A in DAG stands for "acrylic".
I view every attempt at fudding $kas as an opportunity to show that we have answers for everything and nothing to hide.
If you still have concerns, voice them here so we can talk about it.
Oh boy $kas
First of all, I never argued in my post that "a chain doesn't need to have SC". I believe that it doesn't, I think SC is arguably the most overhyped narrative in the history of crypto, but nothing about my response was about that, that's a completely separate
Behold, here is a smart man defending the idea that blockchains do not require smart contracts in 2023
This is my response to
@DesheShai
's rebuttal of my recent KAS critique
Further exposing KAS for being a dinosaur that falsely claims to be the most technologically advanced:
1/ The new rusty
#kaspa
node includes several improvements over the old golang node. But, as a node operator does it make sense to switch to the new node when you already have one running stable? Yes. Let me convince you with 3 operational reasons why you should be interested.
Most of the comments from the $kas community to my discourse with
@Davincij15
are dismissive, if not outright accusatory and personally attacking Davinci.
I don't think this is very nice or conductive to a productive discussion, and I'd rather it would not be this way.
I think the problem is that $kas solves problems so deeply rooted that people at this point just consider them unavoidable. People don't even consider the possibility that e.g. ASIC mining can be decentralized and a fee market without a race to the bottom is possible.