“@LitecoinVM testnet is on fire”
I agree, there certainly was fire back during the Stone Age times. The same way L2 SC platforms are also Stone Age times.
I wonder is any project building SCs on its L1 PoW standard?
That would be cool…
$KAS 🤡
LitVM testnet is on fire.
@litecoin smart contract platform @LitecoinVM is recording some incredible testnet metrics as it approaches mainnet launch.
According to Litecoin Tracker, last week saw LitVM testnet process a staggering 20,102,344, also processing some 4,512,883 in a single day.
And the same week that the @LTCFoundation announced it was bringing LTC to @CantonNetwork.
What a year for the Litecoin army...
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I love fiat money.
Give me a currency they can print whenever they like, dilute forever, and steadily erode my purchasing power.
Why would I want money that’s digital, decentralised, scarce, instantaneous, and doesn’t require a bank taking its cut?
Why hype kaspa:native??
🤡
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Robbie retweeted
hello again. the devs made things this week and i made a list.
1 / Rusty Kaspa v2.1.0
nodes now download sync data in smaller chunks to avoid bottlenecks and timeouts while catching up with the network. v2.1.0 also includes Stratum bridge fixes and moves the existing zero-knowledge proof tools into their own package.
github.com/kaspanet/rusty-ka…
2 / vProgs
@Max143672 announced the first vProg running on testnet. it’s a playable tic-tac-toe game with real execution and settlement. still a working proof of concept, with public code for devs to build from.
x.com/Max143672/status/21034…
3 / Python SDK
@smartgoo_ released Python SDK v2.1.0. devs can now compile SilverScript contracts in Python and debug them without running a node. it also adds tools for using zero-knowledge proofs, examples and bug fixes. SilverScript support is still experimental.
github.com/kaspanet/kaspa-py…
4 / SilverScript Studio
@KasperoLabs announced SilverScript Studio is live on mainnet. build, compile and deploy covenants from your browser. write them yourself, describe what you want to its AI, or use the wizards for things like vaults, escrow, recurring payments and payroll.
x.com/KasperoLabs/status/210…
5 / KCC23
@manyfest_ explained a proposal for linking details like token names, symbols and images to a covenant, without copying them into every holder’s coins. KCC23 is still a draft and open for review.
x.com/manyfest_/status/21030…
6 / KCC standards
@asaefstroem’s proposal to finalize KCC0 was merged. it sets out how shared ecosystem conventions are proposed and reviewed. he also proposed moving KCC20 into last call review. that hasn’t merged, so KCC20 is still a draft.
github.com/kaspanet/kccs/pul… github.com/kaspanet/kccs/pul…
7 / DNS seeder
@supertypo_kas released DNS seeder v0.9.6, fixing a bug that counted some offline nodes as online.
github.com/supertypo/simply-…
thanks to everyone building. see you next week.
While prototyping KCC-20 I got asked how should token symbols, descriptions, images, and other kind of metadata be defined.
On EVM systems, there is a single SC which represents a token, and holds both its balance state and global state.
On the UTXO model there is no global state, the token is split and held across holders, each one holds his specific token (UTXO/covenant).
This means that adding state fields for metadata would duplicate them across each UTXO, which is wasteful. Things such as representation, name, symbol or image are also not part of the SC logic, and should not be part of it.
A naive approach is to declare such metadata in the payload field of a tx, which is an "empty space" that can be used to write whatever information.
The issue is that Kaspa is prunable. Eventually, the block containing this tx would no longer be available for verification, so at some point the data would need to be trusted by off chain entity.
After drafting a few solutions, we came up with KCC-23, a convention for binding the metadata to the covenant ID itself.
Read more on Kas-Smiths:
kas-smiths.org/t/kcc-23-conv…
Or read the KCC draft:
github.com/kaspanet/kccs/pul…
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Robbie retweeted
$KAS rises 14.9% on news that Bayit Development plans to accept Kaspa as payment for luxury townhomes in Miami.
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And so it begins…
Well done @Max143672
Tic-tac-toe is live on Kaspa testnet: the first vprog, a verifiable program with real execution and real settlement, running since yesterday.
You can play it here: vprogs-tt.izio.fr/
(Requires private key and some testnet funds)
We still need to review and merge a stack of PRs, however this is already a working POC. UI/UX was never a priority; the frontend can be enhanced or built separately
I'm gonna work on mdBook covering the parts of the system I consider meaningful and a workshop on vprogs and building apps on top
For Devs: this is the invitation. Play the game, read the code, build your own vprog.
Game code: github.com/biryukovmaxim/vpr…
vprogs framework: github.com/kaspanet/vprogs/t…
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The government's playbook since 1971:
1. The government spends more than it earns.
2. It must take on debt to fund the difference.
3. The Fed creates money to buy the debt.
4. More money makes every dollar worth less.
5. Everything gets more expensive.
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Fast forward a few years…
→ Extreme RT throughput
→ Permissionless programmability
→ PoW security
→ Decentralisation at scale
→ Neutral global settlement.
Give me your extreme REAL WORLD use case for this Kaspa scenario and let’s discuss.
kaspa:native #Kaspa
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kaspa:native is testing whether Nakamoto consensus can evolve beyond decentralised money into a real-time, permissionless global settlement layer for economic activity, without sacrificing what made PoW valuable in the first place.
Not a cryptocurrency.
An RTD revolution.
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This is the fiat system.
We blame it on inflation, however we forget about money supply.
The RE business IS profitable however not exponentially.
This why a new monetary system is needed.
Scarce money, which holds its value in line with asset appreciation.
It’s not that houses are incredibly expensive.
It’s that our income is worth less every single day.
Few people understand this.
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Holding a meme coin won’t help you sleep at night in these market moves
One day you’re up 50%, the next 100%, then down 80%
The trick to staying in the game is conviction
Do your own research → stress test it (is there a use case) → make your bet → sit back and enjoy.
$KAS
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Great to see the market moving today, especially Kaspa.
I would like to refer back to this thread however.
This movement is nothing compared to where we’ll be very soon…
NFA, just pure grit.
$KAS
#Kaspa
Therefore, any price movement we see in the market now means nothing really.
For me, anything below a dollar is child’s play.
Let’s see what’s happening with it when it hits $2-$3.
Then we will make our real targets from there…
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Robbie retweeted
@realDonaldTrump YOU ARE A DICKHEAD.
(A proper Irish expression.)
There was one thing I wanted you to do.
All you had to do was agree that your adult sons would be covered by the ethics provisions going forward.
You wouldn’t do it.
They were right about you.
America had a chance to lead the transition from fiat to stablecoins and the new digital financial system. A chance to protect the dollar’s position as the world’s reserve currency.
And you put your family interests ahead of getting it done.
No CLARITY. No switch to flip. No American lead.
All because you couldn’t accept one bloody ethics provision.
Greedy. Stupid. And completely self-inflicted.
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