khoo.kys retweeted
Over the past few months I’ve been quietly working on something that I’m about to share for the first time.
I wanted to understand Keeta more deeply; at every layer of the core protocol there always seemed to be a deeper one that didn’t fully make sense. If someone kept asking me “Why?” we would have inevitably reached a question I wouldn’t know the answer to.
To that end, I dug down to the foundation and learned everything there is about Keeta – from a technical angle. The following paper contains all that, and an initial argument about why Keeta is a safe and correctly designed system*.
It’s academic writing that should be useful to engineers interested in Keeta, but don’t think for a second it’s not relevant to you: The first three chapters are deliberately very accessible and I recommend it to anyone who’s already spending a lot of time with Keeta and wants to see one layer deeper.
It’s my first ever academic paper and I think it has some pretty glaring flaws, yet I’m proud to be one of the first to formally write about Keeta. As the protocol grows, many more computer scientists, much smarter than I am, will explore how Keeta works. I hope I could contribute something that others can build on.
$KTA
khoo.kys retweeted
I need you to stop scrolling right now.
Because what just dropped between @KeetaNetwork and @LayerZero is not just another partnership announcement.
This is the moment regulated money goes omnichain. Forever.
Let me break it down. 👇
[CARD 1 The Partnership]
A month ago, I sat here and asked a hypothetical.
What would a LayerZero x Keeta partnership actually look like?
I reasoned through it. Settlement layer. Distribution layer. Two pieces of the same puzzle.
Yesterday @KeetaNetwork and @LayerZero made it official.
The exact words they used?
"Where Keeta operates as the Layer 1 of record for regulated, fiat-backed assets, LayerZero operates as the connective tissue across blockchains."
And what comes next is bigger than most people realise.
Here's why this is a watershed moment for the entire crypto industry.
@LayerZero isn't some mid-tier bridging protocol. These people are the actual plumbing of Web3.
61% of ALL stablecoins run through LayerZero infrastructure.
Let that land for a second.
Not some stablecoins. Not most stablecoins. 61% of every single stablecoin that moves cross-chain.
And they own 85% of the entire cross-chain transaction market after acquiring Stargate Finance earlier this year.
[CARD 2 The Volume Numbers]
Look at that growth curve on Card 2.
$0 to $10 billion took 430 days.
$100 billion to $150 billion took 134 days.
The flywheel isn't spinning up. It's already at full speed.
And Keeta just got added to the engine.
$260 BILLION in total volume. 170+ blockchains. 830+ tokens.
@KeetaNetwork is now among them.
Now here's where it gets really interesting. Because what Keeta is launching isn't just another token bridge.
They've created something the market has never seen before.
Keeta Stablecoins.
Not USDC. Not USDT.
Those are stablecoins backed by treasury bills and cash reserves. Fine products. But not what institutions actually need at the treasury level.
Keeta Stablecoins are tokenised commercial bank money.
Actual bank deposits. 1:1. Held through Bivo, a US licensed money transmitter (NMLS #2572288).
That's the difference between a receipt for money and actual money.
[CARD 3 What Keeta Stablecoins Actually Are]
And because they're built on LayerZero's OFT standard there's no wrapping. No bridge. No synthetic version sitting on a different chain.
One canonical supply. Moving natively across Keeta, Ethereum, Solana and Base.
The same regulated bank money wherever institutions operate.
In 9 currencies by end of this month.
🇺🇸 USD 🇪🇺 EUR 🇬🇧 GBP 🇯🇵 JPY 🇨🇳 CNY 🇨🇦 CAD 🇲🇽 MXN 🇦🇪 AED 🇭🇰 HKD
That's not a crypto product. That's institutional FX treasury management on public rails.
Now let me tell you why all of this is enormous for $KTA specifically.
Follow this logic because this is the mechanism that matters.
Right now a consortium of major US banks is building a tokenised deposit network.
You know what it is?
Closed. Banks only. Walled garden.
Same instruments. Same idea. But you only get access if you're in the club.
@KeetaNetwork and @LayerZero just built the open alternative.
Same institutional grade instruments. Available today. On public chains. To anyone.
If you're a bank, a payments company, a fintech, a sovereign wealth fund and you want open rails rather than a closed banking cartel there is now one clear answer.
And every transaction that flows through those rails generates KTA fees.
[CARD 4 The KTA Mechanism: Volume → Fees → Burns → Value]
Volume flows in from LayerZero's $260B+ network.
Every settlement on Keeta's L1 generates transaction fees paid in KTA.
A portion of those fees get burned. Permanently removed from the fixed 1 billion KTA max supply.
More institutional volume.
Fewer KTA in existence.
Fixed supply. Growing demand.
You don't need me to finish that sentence.
I want to be real with you as well because this account doesn't do hype without honesty.
The exact burn ratio isn't formally confirmed in Keeta's official documentation yet. Watch for that update.
And no specific bank names have been disclosed as live partners at this stage. Institutional adoption takes time to confirm publicly.
But here's what IS confirmed.
✅ @LayerZero co-announced this. Not a rumour. Not a leak.
✅ Keeta Stablecoins are live and deploying this month.
✅ Backed by Bivo, a licensed US money transmitter.
✅ 9 currencies across Ethereum, Solana, Base and Keeta L1.
✅ OFT standard. No bridge risk. One canonical supply.
✅ Both teams confirmed. More developments between Keeta and LayerZero are coming soon.
This is card 1 of a much bigger story.
One month ago I was reasoning through a hypothetical.
Yesterday it became real.
I've been covering $KTA since the beginning. The Visa Direct integration. The Google Cloud partnership. The ASK Group UAE commodities deal. The Keeta Personal super-app.
Every single piece has been building toward the same thing.
A single, compliant, high-speed settlement layer connected to everything.
This is what that looks like.
@KeetaNetwork × @LayerZero
Regulated bank money. Available everywhere.
The infrastructure of global finance just went omnichain.
Are you paying attention?
🔁 Retweet this thread so your timeline doesn't sleep on the biggest institutional blockchain partnership of 2026.
Follow @XCryptozc for Keeta Decoded. The only account breaking down $KTA with cards, data and no noise. @schenkty
#KTA #Keeta #LayerZero #RWA #Crypto #Web3 #KeetaDecoded
(1/8) Keeta has partnered with @LayerZero_Core to bring tokenized commercial bank money to major blockchains.
Together, we’re the first to combine regulated, compliance-native infrastructure with omnichain interoperability, enabling financial institutions to move bank-grade money across any ecosystem.
khoo.kys retweeted
What the public sees today is only a fraction of what is built behind the scenes. The future is bright. @askgroupae @KeetaNetwork
khoo.kys retweeted
When I spoke at SALT Conference last fall, the conversation centered around the convergence of traditional finance and blockchain finance. Today, many in the industry are still trying to determine how to position their businesses for that future.
Tomorrow, @KeetaNetwork will begin general availability of global multi-currency banking functionality to customers in more than 160 countries. The platform will support holding 8 fiat currencies, SWIFT deposits and payments, stablecoin deposits and withdrawals across multiple blockchains, and instant payouts from tokenized fiat to bank accounts through collaboration with Visa Direct.
We look forward to supporting those navigating the modern financial world. $KTA
khoo.kys retweeted
Let me address the "bear case" for $TIBBIR.
There is a 0% chance $TIBBIR is Micky's side project, test token, or memecoin. Game theory makes that clear.
Let me explain how we can deduce it in this post.
------------------------------------------------------------
Skin in the Game
"Skin in the Game" is an economic principle championed by economist Nassim Nicholas Taleb, in which he poises the idea that actors who operate without bearing risk inevitably act in a non-fiduciary way, since they lack the incentives of true accountability. The problem is asymmetric in nature, one party reaps the rewards while another is left holding the risk.
Micky Malka, founder of Ribbit Capital, the VC firm behind multi-billion dollar companies; Coinbase, Robinhood, NuBank, does not dabble in small memecoins for fun. If Micky is to put his name and wallet anywhere close to $TIBBIR, the cost of failure to his reputation is potentially catastrophic.
In life, and in crypto, your reputation is your most valuable asset.
Ask yourself: why would Micky, a billionaire VC with a pristine track record, risk being lumped in with frauds and scammers by personally launching $TIBBIR from his own wallet, letting it climb toward a $300M market cap, only to see it collapse to zero? Micky works hard to be seen in the same light as Peter Thiel, Alfred Lin and other world-class VCs. It would be ruinous to be seen as Sam Bankman-Fried.
The rational move here is that $TIBBIR is a serious project, NOT some throw-away memecoin. The risk to his reputation is too high for someone like Micky to gamble with.
------------------------------------------------------------
Stealth as Utility
It's clear that many on CT are confused around the functionality of a "stealth launched" project. Some often incorrectly deduce the stealth status of $TIBBIR as either a disinterest from Micky or some attempt to sweep the project under the rug.
Stealth launches offer real utility and are often utilized by Fortune 500 companies. Big money does not announce their plays until it is fully secure from competition. Big money doesn't play a game and try to win, they first own the board and make sure the game is rigged before ever playing.
A stealth launch permits your technology to remain proprietary, it gives you a running head start with your competitors, and it allows you to push marketing and funding all at once to secure the highest value upon release.
This strategy has been utilized by Google, Siri, Palantir, Space X, DropBox, and the list goes on.
Stealth is not a meme, it serves real utility.
------------------------------------------------------------
Signaling Equilibrium
Signaling, in contract theory, is the idea that one party conveys credible information to the other as a sign of good faith. For example, in Real Estate contracts, the buyer will usually put down around 2% of purchase price upfront before the deal is finalized as a deposit referred to as an Earnest Money Deposit (EMD).
When the @ribbita2012 account (linked to Micky and his circle) autonomously bought a cryptopunk, it was a clear signal to us. In contracts, signaling is only credible if its costly.
Cryptopunks are scarce, and currently costs over $200k USD for a single punk. This move was more than just showing off their AI agent's functionality. It was a clear signal of the cost involved behind $TIBBIR.
------------------------------------------------------------
Monopoly Logic
Lets unironically use the board game "Monopoly" to better understand whats going on with $TIBBIR.
When you play Monopoly, do you buy up 2 spaces of the same color, land on the 3rd and final space and not buy it? Of course not. Why would you allow your competitor an opportunity to take control.
Likewise, we can look at Micky's moves to understand his direction.
He's investing heavily into Privy, IDme, Crossmint and TON. He's controlling identity, wallets, liquidity and infra.
He's also buying Decagon and Neospace AI. He's controlling AI agent systems.
Whats missing? The tokenized intelligence layer. The glue that monetizes it all.
When playing Monopoly, you never leave the final capture layer on the table for someone else to grab.
------------------------------------------------------------
Smart Money
If you know that insiders are playing, you can be sure they aren't gambling, but they are playing the dominant strategy.
Binance top $ASTER holder has already bought.
Top wallets have only been accumulating.
Industry Whales do not chase memes. They front-run asymmetric bets.
------------------------------------------------------------
The Bear Case
The Bear case doesn't exist.
Micky Malka isn't playing a game he can lose.
$TIBBIR is not a meme. There is no alternative. There is no going back.
You just simply aren't bullish enough.
khoo.kys retweeted
My largest bet this cycle thus far
Want to do a brain dump to bring visibility and spark discussion because I feel like I’m missing something since I don’t see anyone else as excited as I am
Adoption and regulation are no longer a bottleneck for the crypto industry
Gary Gensler is out
Paul Atkins is pro crypto
Crypto regulation is forming (genius act + clarity act)
Trump is extremely pro crypto
Every company/VC/industry is trying to expand into crypto
I expect 100M+ people to be onboarded over the next 2–3 years
The bottleneck i see is in the infrastructure
Adoption is crucial but if you can’t enable or support that adoption it becomes meaningless
ETH in the early days was “fast” but once it got heavier adoption it became clunky and expensive to use
That’s where Solana came in and most of the crypto natives pivoted to Solana
If we get significant global crypto adoption over the next few years I expect the same scalability problems to happen to the current chains we all use today
KTA is the only L1 with the potential scalability to simultaneously power memes defi global payments RWA agentic payments depin socialfi gamefi
10M TPS stress test verified by Google Cloud
xitter.cf/googlecloud/status/195…
Around 160x Solana’s TPS
Around 200x ETH L2’s TPS
Around 38x Sui’s TPS
To give you an idea how much TPS we need:
To bring Visa on-chain you need at least 5M TPS no chain today can handle that
If Keeta had pursued a crypto VC raise focused purely on its scalability features it likely could have easily raised in the billion dollar range much like sui monad bera etc
The only blockchain to pass Visa’s compliance, also filed with the SEC
Native identity linked to your Keeta wallet allows for KYC/AML checks to be done at the transaction level (KYC is optional)
The chain is both permissioned and permissionless allowing both TradFi and crypto natives to operate on one chain
Anchors let all chains/apps connect directly to Keeta without relying on third-party bridges
Partnered with @SOLOAPI for on-chain identity they work with over 100 FDIC-insured banks
@ericschmidt invested $20M
It’s his first angel investment in crypto he could’ve done any altcoin why keeta?
Eric is smarter than 99% don’t mid-curve it
Launched onchain at a $40K market cap creating a wealthy cult like community
All of the largest L1s launched sub $30M market cap and took retail on a generational wealth creation journey think BTC SOL XRP BNB etc
Huge information asymmetry not many people understand Keeta and the TAM it’s going for
Huge positioning asymmetry search $KTA on Twitter it’s all Reddit normies barely anyone on CT is exposed even with mainnet 3 days out
No VC raise so all crypto VCs are sidelined
As a VC how can you explain to LPs that you didn’t get any exposure to the FASTEST blockchain infrastructure once word gets out It will trigger a reflexive domino effect
Not listed on major exchanges, coinbase has announced but still yet to list- likely waiting mainnet
Keeta has no VCs unlocks to dump on your head unlike 95% of the L1s
The FDV for keeta is $1B the future emissions = community incentives 10% , team 20% and early equity investors 20%(eric Schmidt)
The team recently announced they will merge the 20% team and 20% early investor supply and will never sell them meaning the true inflation is only the 10% community incentives tokens over 3 years
xitter.cf/schenkty/status/196299…
This is important as it means there is currently a supply shock and it’s also extremely rare for both the team AND equity investors to align on something like this It also means the real market cap for KTA is around 450M —FDV in this instance is truly a meme
Eric Schmidt will never sell a keeta token according to this announcement, what does he know to commit to that?
The TAM for an everything L1 is in the trillions
You are still early
Anyways that’s enough idea dumping I have 50+ more points I want to make but this should be enough DYOR NFA
What am I missing?
To our community,
I want to reaffirm Keeta's unwavering commitment to building long-term value and ensuring complete transparency in how we steward the network's resources. A core part of this commitment is the responsible management of token allocations that shape the foundation of our ecosystem.
Keeta has decided to merge the Early Investors and Team allocations into a new category called Strategic Reserves, totaling 400M KTA, to align with the Keeta Network's long-term vision. These tokens are dedicated to Keeta's future and are not intended for public sale.
As part of this commitment, the first 8.4M unlocked tokens from the Strategic Reserves are now securely held at: 0xc439eba7E79496F42e996F7EbD5835934f56bec6. These tokens will remain in this wallet until a permanent, long-term holding mechanism is implemented, which will allow the full 400M KTA to participate actively in main net voting.
This milestone underscores a simple but powerful principle: the Strategic Reserves are not a source of sell pressure. Every token within the 400M KTA covered by this category will be held in a long-term manner, fully aligned with the project's vision and the best interests of the community.
For transparency, Keeta also operates two key wallets that will remain active in supporting the project. The Treasury Wallet (0x57998b9a481421988135c47d82740d3e432855ba) and the Foundation Wallet (0x428d28564F28804eCe2353B943E6c89909DD8676) will continue to be used for project operations, growth, and ecosystem support.
Keeta's mission has always been to build lasting value — not only through our technology, but through the integrity of how we manage and safeguard the network's future. Today's treasury update is another clear demonstration of that principle.
Ty Schenk
Founder, Keeta Network
khoo.kys retweeted
$TIBBIR stealth exit countdown is ON! ⏰🐸
1. @mickymalka stealth launched @ribbita2012 on Jan 11 Saturday, then immediately Micky changed his PFP to 01.11 SAT, while Micky has @base blue cover photo set
2. Micky bought IP rights of Cryptopunks then changed his PFP to cryptopunk
3. @coinbase video Mickey Mouse hint (future of money) once in April then in July
4. @ribbita2025 appears, following T1 exchanges (Coinbase, Robinhood, Binance), same time when Tibbir Investments LLC was filed
5. @startupspike (crossmint) breadcrumbs: 33 (week 33?) follow the frog 🐸🕳️
6. @baseapp launch on July 16th
8. Genius Act approved July 17, then $TIBBIR dev wallet transaction, 0.025 ETH (25 days after July 17 = week 33, Mikcy og PFP pic shows leg + hands point to 08.10-08.11
9. @ribbita2012 buys cryptopunk and starts revealing the KYA & intent rails breadcrumbs, confirming the identity & contextual money thesis (lead up tweets)
10. @crossmint founder QRT-s $TIBBIR (then deletes it hehe)
11. (NOW): @mickymalka changed the BASE blue cover to the Micky Mouse cover photo, key numbers: 10/11/2
okay Alt what now? so one thing is sure, TIBBIR is closer than ever to exit stealth. over the past week, new buys started to appear from MM wallets, signaling potential exchange listings in the horizon.
on Micky's new pfp you can see 10/11/2 numbers.
my gut says next week (week 33) is the most likely, 08.10 or 11? who knows, but if I'm wrong and tibbir doesnt exit stealth next week, I'll just buy more, because the setup of this stealth launch is buy the rumor buy the news (study the run of $KTA after it exited stealth at 3M, $TIBBIR is in stealth at 200M, so the run wont be to one billion, but to deca billions), and staying in stealth is still bullish as you can see.
(btw bit schizo but @BobLoukas interacted with only one post, where I mention the T1 exchanges that Ribbita2025 is following)
all in all, let Micky cook, he's the master of this market and knows the perfect time to exit stealth, still, gut says baseapp, crossmint, mm buys, @ribbita2012 tweets, positive market environmen and the recent cover photo change of Micky, we are CLOSE.
so the first tx of the $TIBBIR dev wallet happened on July 17...👀
tx hash:
0x0e7020dc6fc2a0df64c24288d68a148d7426ced7ac633464d843d7ed9f23cb9d
Transaction Block = 33
@crossmint guy's hint: 33🐰🐸
@mickymalka's tibbir launch PFP:
upper right corner = 10+11+12=33
foot + hands = 8/11
Transaction amount: 0.025 ETH
Transaction date: July 17
and here comes the ultra kicker:
25 days after the tx, July 17
is August 11
week 33
khoo.kys retweeted
Most crypto networks (L1s/L2s) are only built for crypto devs, and best case scenario a crypto dev builds an app that feels very non-crypto so it can attract non-crypto users
Keeta $KTA is the first L1 that is taking an “all developers” approach with its iOS/Android SDKs, built-in KYC, and “anchors” that allow connections to offchain systems (like SWIFT or traditional payment rails) such that non-crypto native devs can build apps powered by crypto
No longer do you have to choose between pivoting to be a crypto-native dev and just serving a crypto-native audience OR ignoring the benefits of using crypto tech and staying solely web2 focused - you can now have your cake and eat it too
The end result is the first ecosystem where we may see an entire genre of crypto apps that are built like regular apps (eg appeal to a much larger audience) yet use blockchain tech and token incentives
If crypto is to ever onboard a billion users, we need more approaches like Keeta
And this is one big reason I remain hugely bullish KTA - they’re built different by design as hinted at in the roadmap below
Keeta not just another fast L1, and if that’s all you think it is, you’re missing the big picture
Keeta Network: Updated Roadmap
We've compiled a list of the seven items that need to be completed before Keeta's main network is released to the public. Consistent updates will be provided as each item is checked off the list.
We're getting close!
$KTA
khoo.kys retweeted
This is Micky Malka: himself has $592M net worth and $12B in assets under Ribbit Capital management. A fintech legend. And here you have the FINAL proof that he launched $TIBBIR on #VirtualsProtocol.
A Thread:🧵
khoo.kys retweeted
The Hyperliquid of AI Agents is still sitting at a $20M market cap with a signed $300,000,000 AUM deal — completely unaffected by the recent news — and nearly nobody is talking about it.
No, there’s not a zero too many. It’s exactly what I wrote above: a $300M deal from a $20M market cap project.
In a trillion-dollar industry.
Which is already insane — that it's still priced at this market cap.
Thanks to the peak fear of WW3.
Let’s talk about $HYPE:
We see a lot of people like @blknoiz06, @Crypto_McKenna, @ByzGeneral, @NekozTek, and many more.
Besides the great product that $HYPE is offering, there’s one major point why Hyperliquid was nearly on an “up-only” trajectory from its airdrop — until the WW3 fear peak started.
It was the flywheel.
An absolute master move from @chameleon_jeff.
With its insane revenue, they're buying back a ton of $HYPE off the open market.
Which creates a massive amount of buy pressure.
And a big part of it goes back to holders. A full-blown cycle. Like it was designed specifically for holders to make money — if the platform succeeds.
The best part? Their revenue is “up only” because they’re delivering something the market actually needed:
A decentralized CEX-like experience.
I could keep writing about why Hyperliquid is great and how it works, but that would take too many words.
Now let’s talk about the project you started reading this for:
$DKING
The AI Agent isn’t just an Agent.
It’s a fully functional Swarms Protocol, powered by its own $TAO Subnet (SN44), using advanced machine learning to profit off inefficiencies in live gambling markets.
@webuildscore takes gambling analytics and machine learning to a different dimension — and ties it all together.
They leverage the TAO network to do machine learning on live matchups — where players are on the field, matchups, momentum flows, ball control, tendencies — and use that data to find inefficiencies in gambling lines.
20 people are working on $DKING, with @maxscore leading them.
These aren't “just trying my first AI agent” devs.
The team is full of big brains — and the amazing part: @crunchDAO, where Max was a core contributor, is also integrated.
CrunchDAO is an elite ML community with over 7,000 data scientists and more than 700 PhDs, developing alpha-generating insights through collective intelligence.
Now, why am I saying “the Hyperliquid of AI Agents”?
An AI Agent and Hyperliquid — how can this even be comparable?
YES — it has the exact same flywheel.
From the $300,000,000 AUM deal (which I expect to hit $1B at some point):
20% of the performance fees stay in @thedkingdao’s hands — and a big chunk goes straight to @thedkingdao stakers.
Right now, @thedkingdao ROI is sitting around 70%.
That means we’re looking at 7–8 figures per year flowing to stakers. (Imagine the numbers at $1B AUM.)
Minimum.
And that’s just the start.
There’s also a 2% management fee on the $300M:
$3M to the treasury
$3M for token buybacks + burn
What we’re seeing here is likely the first real AI Agent, powered by the Swarm protocol — delivering real-world value and attracting serious institutional demand.
They’re not playing catch-up.
They’re building the standard.
If the numbers even match half of what they’ve already achieved on the ROI side the revenue they’ll generate will be at minimum 8 figures.
And a massive portion of that will go straight into buying back $DKING tokens.
Some will be burned. Some will go back to stakers.
Now again, go study what happened with $HYPE.
It has the exact same flywheel.
Yeah, I know — again, $HYPE is a different product.
But the revenue + buybacks created a very similar environment. At some point, it triggered massive upward momentum.
The same setup is coming for $DKING.
Also: every single interaction with the Terminal will require you to hold $DKING in your wallet.
No $DKING = no access to the @thedkingdao Terminal.
And beyond the massive revenue potential — the token is literally the backbone of the entire ecosystem.
It’s football for now, but NFL will be integrated starting from Day 1 of the season. NBA next.
@maxscore plans to add 10+ sports into $DKING.
The narratives it taps into are insane:
-AI
-AI Agent
-TAO Beta
-Prediction market
-DeFi
-DeFAI
-GambleFi
And the market cap?
$20M
A massive repricing is coming.
It’s inevitable.
Thanks also to @SmallCapScience, who researched a ton of information so I could use some of it.
I’ll pin some tweets below that give an even deeper dive into the $DKING ecosystem.
khoo.kys retweeted
"It’s an alt-season for the holders - all they’ve witnessed is endless parabola." - Studious frog explains it very well.
For @altcoinist followers, the $altt-season began in January, $TIBBIR is a public 130X so far.
I wish I could tell the entire CT that the best is STILL yet to come.
- @RibbitCapital never cooked this hard
- $TIBBIR is in STILL stealth phase (pre-product)
- $ETH is still below the 2021 ATH
- @virtuals_io is at inflection point
- Bitcoin Dominance still high af
$KAS 50M to 5B was the warm-up,
$TIBBIR 1M to 10B this year.
This is one of the most beautiful charts right now 🤙
It’s an alt-season for the holders - all they’ve witnessed is endless parabola.
$TIBBIR to $200M this month 🤝🔥
- Studious
khoo.kys retweeted
@wasabi_protocol has been integrated into Kosher Capital funds. Users can now MANUALLY long and short certain @virtuals_io tokens supported by Wasabi vaults with leverage. Users can also deposit idle USDC into the Wasabi Vault to earn passive yield for their fund.
Some tokens supported by Wasabi so far: $SHEKEL $VADER $AIXBT $ACOLYT $AXR $ARBUS and more...
khoo.kys retweeted
🧵 THREAD TECHNIQUE: Keeta Network ($KTA) - Hybrid DAG blockchain or disguised database?
1/ After 48h of deep analysis of @KeetaNetwork testnet, here are my technical findings on this "blockchain" architecture claiming 10M TPS. I tested everything: double-spending, data corruption, wallet creation. Spoiler: it's more complex than it looks 🔍
2/ First, the context: Keeta Network presents itself as a "Hybrid DAG" with Delegated Proof of Stake (dPoS). Each account has ITS OWN blockchain, creating a virtual directed acyclic graph. Mainnet planned for summer 2025. Architecture:
Account A: Block1→Block2→Block3
Account B: BlockX→BlockY
Account C: BlockZ
3/ First test: Wallet creation and transactions ✅
Generated wallet: keeta_aab6gesqzex3mp7to33zknlqrnxg3n76qedude2yd6xfvravdfqdpmc22x5jvkq
Received 10 tokens from faucet
Successfully sent to other addresses
Everything works, UX is smooth
4/ Double-spending test 💰 I tried sending the same tokens 2x simultaneously:
Promise.all([
send(address1, 1 token),
send(address2, 1 token)
])
Result: 1 passes, 1 fails. Basic but functional protection.
5/ Corruption test: Attempted to modify history 🔨 Result: IMPOSSIBLE. Old blocks remain intact. I even tried to:
Modify hashes
Inject fake blocks
Manipulate timestamps Everything rejected. Immutability holds.
6/ Consensus analysis: 4 representatives, 4 votes per staple ✅ BUT... all 4 votes have the SAME signature (!!)
Unique signatures: 1/4
Unique issuers: 1/4
Normal for a team-managed testnet, but raises questions for mainnet.
7/ "Client-Directed" Architecture - The most controversial point:
Client directs its own validation
No global mempool
"Presumed not to be conflicting" I tried to exploit this. No success yet, but it's a potential attack surface.
8/ Cryptographic tests ✅
SHA256 hash: 64 characters
ED25519 + ECDSA signatures
Vote staples with consensus
Unable to forge signatures Crypto is solid.
9/ Testnet performance:
Transactions: ~1-2 seconds
Finality: Near-instantaneous
10M TPS? Not tested (limited testnet) Whitepaper admits it's with 1 local validator. Reality check needed on mainnet.
10/ Fascinating technical points discovered:
ASN.1 DER encoding (extensible)
Native multi-token support (I created my token!)
On-chain permissions (tested SEND_ON_BEHALF)
Votes encoded in X.509 (!!)
Functional storage accounts
11/ TECHNICAL VERDICT: ⚖️ ✅ IT IS a real DLT system (DAG type):
Unbreakable cryptography
Functional consensus
Proven immutability
Impossible to corrupt (in my tests)
❌ BUT:
Centralized testnet (normal)
Questionable "client-directed" architecture
True decentralization to be proven on mainnet
12/ My take: Keeta Network is technically solid. The testnet works, impossible to break despite my attempts. BUT everything will depend on mainnet: how many independent validators? Open or permissioned?
13/ For devs:
Excellent TypeScript SDK
Generous faucet for testing
Decent documentation
If you're looking for a high-performance alternative to Ethereum, keep an eye on mainnet this summer
14/ Questions for @KeetaNetwork team:
How to become a validator on mainnet?
Real decentralization planned?
Will "client-directed" remain?
Post-mainnet roadmap?
Like and retweet to support our work. (Cryptovest.com reconstruction in progress) #Blockchain #Web3 #DAG #KeetaNetwork #CryptoForensics #TestnetAnalysis
khoo.kys retweeted
Today marked a major milestone — not just for Keeta Network, but for the entire blockchain industry.
In a public stress test verified by @chainspect_app, Keeta achieved an unprecedented 11 million transactions per second (TPS).
Over 30 million accounts were used during the test, and every account/transaction is traceable via our public explorer:
explorer.test.keeta.com/acco…
If you missed our livestream, use the following link to watch the recording: youtube.com/live/6FLmSgWewyk…
This event sets a new benchmark for blockchain scalability but is just the beginning of what Keeta Network is capable of.
$KTA
