Chris retweeted
tldr;
100 BPS
oracle mechanisms
DAGKNIGHT
<3
Replying to @benafisch
wholeheartedly agree with point (1): data manipulation aka the oracle problem is overlooked, is considered by crypto academia and crypto VC a second-order problem, whereas in truth it is as challenging to solve compared to computation validity, the voodoo math of zkp notwithstanding, since there's no refutability/accountability:
consider a rollup with a centralized entity operating the rollup<>L1 bridge. even in the extreme setup where the rollup's state can be fully misreported and arbitrarily declared by the operator, with no zk proofs or fraud proofs, the operator still has only a single chance to cheat---it is easy for everyone to see that the operator misreported the state and to abandon it forever. (which is arguably a sufficient guarantee in many sub 1B$ contexts. BTW, in such contexts many programming langs could do the job, eg python, and there's no need for the heavy lifting with a consensus-specialized VM. @JonaFunLevi note)
compared to a zk-verified and governed bridge with a centralized oracle for data, eg price feeds -- it is impossible to hold the operator accountable to misreports of data, since outdated prices can always be attributed to actual or feigned internet latency, and the two options are indistinguishable (in part., verifiable attestations are irrelevant).
i propose one route to address this, namely, to revert again to the PoW assumption of honest majority, and to design estimator mechanisms among miners (in the spirit of median or Huber's estimator, cf. Huber contamination model) that will output sufficiently verifiable input/data, @elimmea pls complete our paper :) admittedly honest majority is a weaker model compared to zkp's, but then again neither zkp nor tee contribute towards addressing the oracle problem
finally, for the PoW route to be feasible, you must sample many miners frequently, at each internet RTT, which is one primary motivation to go beyond 10 blocks per second with an appropriate PoW-DAG protocol (@Avivz78 I think you might be pleasantly surprised by the value of your DAGs here <3)
$kas testnet 11 successfully deploys the crescendo hardfork increase from 1bps. to 10bps.
Why is no one talking about this??
#pow #kaspa #kas #digitalassets
rustforce1.kaspa.org:8080/
Chris retweeted
$KAS We have a successful launch!
$kas, do note this snippet from the public R&D group
Chris retweeted
Sats is stupid. We should’ve adopted Bits back in 2013. If we had, everyone would easily understand that there are 1 million Bits in one Bitcoin. Today, you could buy a Bit for about 8 cents. This would reduce unit bias and make Bitcoin easier to understand.
The term “bit” already has many meanings in computing: bandwidth, storage, CPU registers, cryptographic key length, hashing algorithms, pixel depth, audio sampling rates, and much more. Each use is clear because context matters. Using Bits as a digital money unit wouldn’t have caused confusion, it would’ve made Bitcoin simpler.
Choosing Sats over Bits was a huge missed opportunity.
Chris retweeted
The Crescendo Hard Fork may cause Kaspa's value to abruptly surge.
Here's a thread that explains why... 🧵
The 1st digital asset conference of the season is coming to an end here in a chilly London 🇬🇧
It's been fantastic day catching up with friends and colleagues to discuss the latest developments in digital asset world.
@Scaramucci @alexi7229
#Crypto #btc #London #digitalassets
Chris retweeted
Kaspa Crescendo timeline update:
End of February 2025: Testnet 10 transition activation
End of March 2025: Mainnet version release (activation will be scheduled ~30 days from the release; currently favoring a single, swift transition from 1 to 10 BPS, though this decision will be reevaluated as we move closer to the finish line).
Short-term—January 21, 2025:
* Crescendo hardfork KIP proposing the exact consensus changes and the forking transition strategy
* Medium post detailing the remaining roadmap
Is this true @coinbureau ? Did you really post in your discord that a fair launch PoW has up coming token unlocks?? 👀😬🙄
There are NO $KAS UNLOCKS. Whoever is publishing this information is stupidly calling BLOCK REWARDS unlocked coins.
How stupid can they get?
Fellow UK Crypto holders, I need your support. I have started a petition for the UK govt to discuss setting up a BTC strategic reserve - please sign:
petition.parliament.uk/petit…
@PeterMcCormack @JoeNakamoto @CryptoUKAssoc @coinbureau @cobie @elonmusk
#BTC #UK #Government #Petition
Chris retweeted
Wen $KAS? Now.
📣 Today’s the day!
$KAS @KaspaCurrency is now available for trading on Kraken!
✔️ Deposits and withdrawals are enabled
🎉 Trading is now live!
*Geographic restrictions apply
Trade here ⤵️
krakenpro.onl/OBT6/qle15zyz
Chris retweeted
If this ain’t awareness, I don’t know what is… did I see 70 million 👀
Over 70 million people use @brave browser monthly.
Over 70 million people will be finding out about Algorand.
They now know the answer to canablockchaindothat.com.
Chris retweeted
‘Wen KAS?’ you asked 1,000,000 times
Nov 19th - 14:00 UTC
$KAS
*Geographic restrictions may apply
👀 Roadmap updates every Thursday ⤵️
kraken.com/listings




























