Kaspa Silver: Kaspa News: 10BPS Updates, Stablecoin Support On KAS, & More!

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Michael Sutton On X: You’re assuming way too much :)— Michael Sutton January 9, 2025


### Michael Sutton Responds to Assumptions Around Distributed Systems

In a recent tweet, Michael Sutton, a prominent Distributed Systems Researcher and Developer, and one of the core developers of Kaspa, shared a succinct yet pointed message: “You’re assuming way too much :)” This comment, posted on January 9, 2025, has sparked curiosity among the cryptocurrency community, particularly those following the advancements in the Kaspa network.

While the specifics of Sutton’s tweet were not elaborated upon, it is expected that his statement addresses ongoing discussions or debates within the industry, particularly relating to the assumptions made about decentralized systems and the functionalities of Kaspa. As a key figure in the development of Kaspa, Sutton’s insights carry significant weight, especially as the platform continues to evolve and challenge existing paradigms in blockchain technology.

Kaspa, known for its innovative approaches to scalability and transaction speed, is actively positioning itself as a leader in the realm of decentralized finance (DeFi). Sutton’s work focuses on enhancing the underlying protocols that make Kaspa efficient and secure, and his remark suggests that there may be overreliance on certain assumptions regarding system capabilities or user expectations that could misrepresent the project’s goals.

As the conversation unfolds, stakeholders and enthusiasts alike are encouraged to reflect critically on the assumptions and expectations surrounding not just Kaspa, but the broader landscape of distributed systems. Sutton’s comments serve as a reminder to stay informed and engaged with the technologies shaping our digital future.

For those keen on the latest developments, insights, and resources pertaining to Kaspa, Kaspanews.net remains the best news site to get all the latest updates and information.

Kaspa.org: Enhanced User Experience Stage: We Need You!

Kaspa.org is inviting users to participate in the Enhanced User Experience Stage of the Testnet-11 (TN11) 10BPS network. With continuous optimization efforts over the past year, the latest release contains all the improvements necessary for a smoother user experience. Now, the focus shifts to enhancing user experience, and they are calling on pools, exchanges, and integrators to test their software on the network. This article provides an overview of the latest developments and offers guidelines on getting started, updating GRPC proto, minimum recommended specifications, using the release, compiling from source, and providing feedback. Join Kaspa in shaping the future of their network and contribute to a better user experience.
Kaspa.org: Enhanced User Experience Stage: We Need You!

Kaspa.org: Enhanced User Experience Stage: We Need You!

Overview

The Testnet-11 (TN11) 10BPS network has now been running continuously for nearly a year. The latest testnet-11 release at https://github.com/kaspanet/rusty-kaspa/releases/tag/v0.15.4-rc1 contains all the optimizations that the team has been working this past year. We believe the optimization state of the node is very close to what it will be on mainnet and so our development will now focus on Enhanced User Experience. This is where you, the pools, the exchanges and other integrators come in. We would like to invite you to run a testnet-11 node and try your pool/exchange/other software on it to check how your integration behaves in the 10BPS network. We would love to hear from you, the good feedback and any opportunities for improvement.

Getting Started

Updating GRPC proto

Make sure that you get the updated message.proto and rpc.proto from the rusty-kaspa repo at https://github.com/kaspanet/rusty-kaspa/tree/master/rpc/grpc/core/proto
Working with the TN11 network requires using the latest proto available.

Minimum Recommended Specifications

  • 8-core CPU
  • 16 GB RAM
  • 256 GB SSD
  • 5MB network

If you are using a higher-spec node for your mainnet node, please continue to try that same spec out when trying out this node. If you are using specs lower than the above in mainnet, please use at least the above specs for your TN11 testing.

Note: These minimum recommended specifications are subject to change as we gather feedback from mainnet node operators about their experience running a TN11 node.

Using the release

Download the binary from the release at https://github.com/kaspanet/rusty-kaspa/releases/tag/v0.15.4-rc1

To run the node on TN11, use:

./kaspad --utxoindex --testnet --netsuffix=11 --disable-upnp --rpclisten=0.0.0.0

If you’re running your software on the same machine as the node, use --rpclisten=127.0.0.1

Compiling from source

You may want to compile the node from source. To do so, follow the instructions at here to setup the dependencies https://github.com/kaspanet/rusty-kaspatab=readme-ov-file#installation
And then run your node with:

cargo run --bin kaspad --release -- --utxoindex --testnet --netsuffix=11 --disable-upnp --rpclisten=0.0.0.0

If you’re running your software on the same machine as the node, use --rpclisten=127.0.0.1

Giving Feedback
We would love to hear your experience, the good and the bad. Please let us know by sending a message on the #testnet channel of the Kaspa Discord

The post Enhanced User Experience Stage: We Need You! appeared first on Kaspa.

In summary, the Testnet-11 (TN11) 10BPS network has been running successfully for almost a year, with the latest release containing all the optimizations developed over this time. Moving forward, the focus will be on Enhanced User Experience, and feedback from users, pools, exchanges, and integrators is essential. To stay updated on the latest news regarding Kaspa, visit KaspaNews.net. Your input and feedback are invaluable as we work towards an even better network experience.

Michael Sutton On X: Life is full of tradeoffs— Michael Sutton January 9, 2025


**Michael Sutton Discusses Tradeoffs in Life and Technology, Highlighting Kaspa’s Unique Approach**

**January 10, 2025** — In a recent tweet, Michael Sutton, a prominent Distributed Systems Researcher and Developer who plays a crucial role as one of the core developers of Kaspa, reflected on the complexities of life with a straightforward assertion: “Life is full of tradeoffs.” This statement resonates deeply not only in personal life but also in the realms of technology and distributed systems.

Sutton’s insights underscore a prevalent theme in the development of decentralized technologies, including Kaspa, a high-performance blockchain. In the world of distributed systems, developers often face the necessity of balancing various competing priorities—such as speed versus security, scalability versus decentralization, and usability versus complexity. Each decision involves tradeoffs that can significantly impact the performance and user experience of a blockchain network.

Kaspa, with its innovative architecture, seeks to strike a favorable balance among these factors. Its unique blockDAG technology enables rapid transaction confirmations and high throughput, while still striving to maintain the network’s security and decentralization. The challenges encountered while developing Kaspa illustrate the very nature of tradeoffs that Sutton highlighted in his tweet.

As Kaspa continues to evolve, the commitment of developers like Sutton to navigate these tradeoffs will be crucial to its ongoing success and adoption. The technology’s ability to address these complex dynamics makes it a noteworthy player in the growing landscape of cryptocurrencies and decentralized applications.

For those interested in staying updated on the latest developments surrounding Kaspa, including in-depth analyses and resources, Kaspanews.net is the best source for all information related to the project.

Stay tuned for further updates as the conversation about tradeoffs in technology and life continues to unfold.

Is a $1 Kaspa (KAS) Price Still Achievable This Bull Cycle?

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Crypto influencer Money and I recently explored a pressing topic on the minds of many investors: Can Kaspa still achieve its ambitious $1 price target during this bull cycle, or has the opportunity passed? Kaspa’s recent price action has been less bullish than what its holders are accustomed to, sparking concerns within the Kaspa community.

Despite the broader crypto market showing widespread declines, Money and I highlighted an intriguing exception: Kaspa. The cryptocurrency posted a modest 1.7% gain, trading at approximately 11.5 cents at the time of their analysis. According to the influencer, Kaspa has consistently demonstrated resilience, finding strong support near the 10-cent level even in challenging market conditions.

Money and I emphasized the importance of investor sentiment in influencing Kaspa’s price trajectory. While some investors may struggle to see Kaspa reaching the $1 milestone given its recent performance, the YouTuber stressed the importance of conviction in investment decisions. He stated:

“If you’re a Kaspa holder and you’ve done your research, whether it’s up 1% or down 500%, as long as you know what you hold, you should be fine.”

The influencer advocates for a balanced investment strategy. While some investors have gone all-in on Kaspa, he recommends building a portfolio of carefully selected cryptocurrencies that align with one’s research and understanding.

He further explained that the key to successful investing lies not in over-diversification but in having a deep understanding of the chosen assets. Among his high-conviction picks, he includes Kaspa and Saito.

Read Also: Kaspa Price Prediction: Here’s How Much $40,000 KAS Could Be Worth in 2025

Kaspa Technical Analysis and Market Outlook

According to Money and I, technical indicators show that Kaspa experienced bearish momentum on January 7th, testing but ultimately holding above the support levels established on December 21st. Despite this, he maintains a bullish long-term outlook for Kaspa, particularly for 2025, citing the extended period of consolidation and the accumulation of positive factors.

Within the Kaspa ecosystem, the influencer identified potential opportunities in specific KAS meme coins, such as Nacho, Kango, Caspi, and Casper. However, he views other offerings primarily as trading instruments rather than long-term investments.

Kaspa’s Path to $1

Money and I expressed confidence in Kaspa’s potential to exceed the $1 mark during this bull cycle. He drew comparisons to other cryptocurrencies like XRP and Cardano, which faced similar skepticism before experiencing significant price rallies. He remarked, “Kaspa’s got a cult-like following”

Source: captainaltcoin.com