🦍 my journal - ex Big4 Consulting Partner. Crypto and Commodities Hodler. $KAS early holder.

Joined May 2009
703 Photos and videos
Pinned Tweet
14 Nov 2022
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Jun 4
Have a kaspad node on a Mac mini onto which I'm solo mining. Asked my Hermes bot to upgrade to v1.3. few mins later and a bunch of status updates it found the update, compiled it and reported the update as done. Experience could not be smoother $kas @michaelsuttonil
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May 22
KASPA RESEARCH BRIEF -- May 22, 2026 ========================================= PRICE ACTION & MARKET SENTIMENT ========================================= KAS is trading in the $0.034-$0.040 range as of May 22, 2026, with a market cap around $900M-$1B. The price is in a multi-month basing/ accumulation phase after correcting from its 2024 ATH near $0.21. Technical observations: - Double-bottom pattern noted near $0.025-$0.026 support - Break above $0.04 on lower timeframes confirmed - Descending triangle breakout targeting $0.185 in optimistic scenarios - Volatility compression / coil formation suggesting imminent move - Key support: $0.031-$0.0335 | Key resistance: $0.0365-$0.040 Sentiment: Overwhelmingly bullish among the Kaspa community ("Kaspians"). Diamond-hand mentality with emphasis on long-term tech story over short-term price. Common refrains: "buying KAS at $0.035 is like buying BTC at $50." Long-term targets cited: $0.10-$0.30 range for 2026-2027. ========================================= ECOSYSTEM DEVELOPMENTS ========================================= Toccata Hardfork (Mainnet ~June 5-20, 2026): - Testnet activated smoothly on May 18 -- described as "clockwork" - Native KRC-20 token issuance on L1 - Covenants (SilverScript) for conditional spending at L1 - ZK verification opcodes - Partitioned sequencing for future scaling Kaskad DeFi Launch (May 24, 2026): - First lending protocol on Kaspa -- Lombard-style loans - Borrow KAS-backed liquidity without selling collateral - TGE claims: ~May 24 | MEXC trading: ~May 25 - Governance token: $KSKD Layer-2 Activity: - Igra L2 dominates with 1,700-1,800 tx/hour - Kasplex driving KRC-20 token deployments - Kasperia wallet v1.10.81 adds KRC-20 payload support TN10 fees Network Stats: - >2.15 billion all-time transactions - ~95.6% of supply mined (~27.45B KAS circulating) - Hashrate stable at ~374-470 PH/s - ~10 blocks per second sustained ========================================= ROADMAP & UPGRADES ========================================= Q2 2026:  Toccata hardfork (native assets, covenants, ZK opcodes) Q3 2026:  DAGKnight consensus upgrade 2027:     Target 100 BPS vProgs smart contracts ========================================= NOTABLE COMMUNITY & INSTITUTIONAL NEWS ========================================= - Zodia Custody (Standard Chartered-backed) supports KAS - Regulated ETPs live in Sweden - YouTube analysis channels publishing breakout setup content - KasBears NFT drops community giveaways ongoing - Kaspa increasingly framed as "high-speed programmable BlockDAG   infrastructure" for AI, RWA, and settlement use cases ========================================= SUMMARY ========================================= Kaspa remains in a strong accumulation phase with a major catalyst (Toccata) ~2-3 weeks away. The network is technically mature with growing DeFi infrastructure (Kaskad launching imminently). Community sentiment is resilient and builder-focused. Watch $0.0365-$0.040 as near-term resistance; a clean break above $0.04 would be technically significant. Toccata mainnet activation is the key near-term event.
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May 12
The npm worm is bad. What's worse is that meanwhile such attacks/vulnerabilities appear on a monthly basis and accelerating. AI let loose can be a dangerous tool.
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May 7
Tested this on my 16GB RTX 4080s and it's flying. FAST. Did a small extra optimization to rebuild it with AVX-512 on as I have a Ryzen CPU. Prompt processing speed for long prompts 180 t/s. Generation 52.9 t/s 🥰 Qwen3.6 35B IQ4 with 256k context x.com/above_spec/status/2052…

Quick update on the 35B / 8GB setup. Switched to IQ4_K_R4 — higher quality quant, without losing much speed — getting ~49tok/s through model's full native 262k context. And VRAM usage is low enough to keep a browser with multiple tabs open the whole time. 🧵
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May 6
Been testing tons of LLMs, Opus, GLM, Minimax, Deepseek and others. All with the same type of "build this game" instructions. The only one who's product I kind of like is: Kimi 2.6 - give it a try!
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May 4
Mac Mini Hermes Chinese AI (minimax/Deepseek) is amongst the best toys ever
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Apr 25
WEEKLY KASPA RESEARCH REPORT Date: April 25, 2026 Coverage: April 18 - April 25, 2026 1. PRICE ANALYSIS Current Price: $0.03512 24h Change: 2.21% Market Cap: $961.64M Rank: #57 (CoinMarketCap) 24h Volume: $25.61M Vol/MCap Ratio: 2.66% ATH: $0.2075 (Jul 31, 2024) -- down 83.08% ATL: $0.0001699 (Jun 1, 2022) Weekly Price Range: 24h Low: $0.0341 24h High: $0.03544 Supply: Circulating: 27.37B KAS Total: 27.37B KAS Max Supply: 28.7B KAS % Circulating: 95.4% Technical Levels (from recent KasMedia analysis): - 50-DMA: $0.077 (well above current price) - 100-DMA: $0.088 - 200-DMA / 100-WMA: ~$0.11 (key macro resistance) - Psychological resistance: $0.10 - Key support: $0.0340 - $0.0360 zone - Weekly close above $0.11 would confirm macro trend reversal Note: The KasMedia article from early May 2025 referenced prices of $0.09-0.10, but current price is significantly lower at $0.035, indicating substantial further decline since that analysis. The price has been in a prolonged downtrend, currently trading near cycle support levels. Price Prediction (short-term): - Next week projected range: $0.0321 - $0.0347 - Bearish trendline resistance at $0.0360 - Support at $0.0340 is critical; loss could lead to further downside 2. ON-CHAIN METRICS & NETWORK HEALTH Network Hashrate (April 21): ~181.7 PH/s (KHeavyHash) Slight decline from 184.3 PH/s week prior (-1.41%) Transaction Volume: Cumulative: 1.957 billion (nearing 2B milestone) Daily Active Addresses: 90,000 (sustained from 2025) Peak Daily TX: 158 million (Oct 5, 2025 record) TPS: 60 sustained, 10,000 peak capacity Block Rate: 10 BPS (since Crescendo upgrade May 2025) Network Performance: - 1,000 active public nodes - BlockDAG architecture operating at full 10 BPS capacity - Confirmation times limited only by internet latency Address Activity (from @KaspaBuilders on-chain data): - April 24: Major exchange accumulation day; KuCoin led with 11.4M KAS inflow, Gate/MEXC/Bybit also buying - April 25: MEXC reversed to distributing (-8.25M KAS single-day outflow), Bitget/Kraken on sell side - Weekly pattern: Top-tier holders distributing while mid-tier and smaller wallets accumulating - Capital flowing downward -- rare signal per analysts 3. HARDFORK STATUS & DEVELOPER UPDATES TOCCATA / COVENANT HARDFORK ----------------------------- Target: June 5-20, 2026 (shifted from May 5) Status: Testnet 12 running complete feature set Feature freeze completed mid-April 2026 Three Major Capabilities: 1) Native Assets (KRC-20 on L1) - Token creation/transfers become consensus-level - Eliminates inscription-style mechanism dependency - Enables trustless atomic swaps, no bridges needed - Existing KRC-20 tokens can migrate to new standard 2) Covenants (Bounded Programmability) - Enforceable spending conditions without full Turing-complete smart contracts - Use cases: escrow, vaults, time-locks, programmable wallets - Prioritizes security and auditability 3) Native Zero-Knowledge Proofs - Groth16 ZK proofs supported on-chain - Enables shielded transactions, anonymous voting, trust-minimized bridging Supporting Tools: - SilverScript: Developer language for covenant logic - Computational DAG (CDAG): Tracks execution costs FUTURE ROADMAP (Post-Toccata): - Block rate increase to 25 BPS (planned 2026) - DAGKnight protocol (successor to GHOSTDAG) - 100 BPS target - VProgs (virtual programs) - Based ZK rollups (L1 provides sequencing, DA, settlement) 4. KRC-20 TOKEN ECOSYSTEM Top KRC-20 Tokens by Market Cap (mid-April 2025): 1. NACHO -- $12.05M ( 14.6% WoW) 2. PPKAS -- $7.15M ( 58.9% WoW) 3. KANGO -- $4.88M ( 20.4% WoW) 4. KASPY -- $2.29M ( 14.5% WoW) 5. ZEAL -- Traded on KaspaCom marketplace
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Apr 25
SUMMARY Kaspa continues to build fundamental infrastructure while price remains depressed near cycle lows. The upcoming Toccata hardfork (June 5-20) represents the single largest catalyst on the horizon, transforming Kaspa from a pure payment network into a programmable PoW L1. On-chain metrics remain healthy with nearly 2B cumulative transactions, 90K daily active addresses, and steady hashrate around 182 PH/s. The KRC-20 ecosystem is growing but still small (total market cap ~$30M across all tokens). Exchange liquidity remains a concern with no Binance/Coinbase listing yet. Community sentiment is overwhelmingly bullish despite price action, driven by the "95% emitted" narrative and Toccata anticipation. Key watch for next week: Whether $0.0340 support holds and any further Toccata development announcements.
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7. COMPETITIVE LANDSCAPE VS OTHER L1s Market Context: BTC: ~$77,800 ( 0.4% weekly) SOL: ~$86 (-31% YTD from $127 start of year) KAS: ~$0.035 (-83% from ATH) APT: ~$0.95 (declining) SUI: -83% from ATH (61% supply still locked) Comparative Analysis: Kaspa vs Bitcoin: - KAS offers 10,000 TPS vs BTC's ~7 TPS - Both PoW, but KAS uses BlockDAG (parallel blocks) - BTC has institutional dominance; KAS is still emerging - KAS 95% emitted vs BTC ~93.5% emitted Kaspa vs Solana: - SOL has massive DeFi/NFT ecosystem advantage - KAS offers PoW security vs SOL's PoS - SOL down 31% YTD despite ecosystem maturity - KAS approaching programmability with Toccata (but SOL already has full smart contracts) Supply Structure Advantage (Kaspa): - 95.4% in circulation, no team allocations - Fair launch: every KAS mined, no investor reserves - No unlock schedules, no early backers waiting to exit - Compare: SUI has 61% still locked, SEI doubled supply Key Kaspa Differentiators: Fastest PoW chain (10 BPS, 10K TPS) Fair launch, no insider allocation Nearly fully emitted (minimal future dilution) Toccata adds programmability without sacrificing PoW security model - Lacks major exchange listings (no Binance/Coinbase) - DeFi ecosystem still nascent vs SOL/ETH - No institutional adoption yet 8. RISK FACTORS & OUTLOOK Bullish Catalysts: - Toccata hardfork (June 5-20) enables L1 DeFi - Kasplex L2 integration expanding on Gate - Near-zero future dilution (95% emitted) - 2B transaction milestone approaching - Fair launch narrative resonates in post-FTX era Bearish Risks: - Price near cycle lows, -83% from ATH - No Binance/Coinbase listing in sight - Low trading volume relative to market cap - Macro crypto sentiment in "Fear" territory (Fear & Greed Index: 31) - Toccata timeline already shifted once; further delays possible - Competition from established smart contract platforms
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Apr 25
5. DeFi ACTIVITY & EXCHANGE LIQUIDITY Layer 2 Development: - Kasplex (EVM-compatible L2): Gate exchange integrated Kasplex on April 20, 2026 - Users can deposit/withdraw KAS directly onto L2 - Smart contract functionality (DeFi, NFTs) accessible - Does not alter Kaspa's high-throughput base layer Exchange Coverage: - Listed on: Gate, MEXC, KuCoin, Bybit, Bitget, Kraken, CoinEx, and others - NOT listed on: Binance, Coinbase (major gap) - Active exchange accumulation patterns observed (KuCoin, MEXC, Bybit among top buyers this week) Liquidity Assessment: - $25.6M daily volume is moderate but thin relative to market cap - Vol/MCap ratio of 2.66% is below major L1 averages - Binance listing remains a key community aspiration and potential catalyst 6. COMMUNITY HIGHLIGHTS (X/TWITTER) Key Themes This Week: a) Toccata Hardfork Excitement - Multiple high-engagement tweets about upcoming hardfork (46 likes, 7 RTs on top post) - Community discussing "ENDGAME" narrative as feature freeze completes - Questions about hardware requirements post-hardfork b) 95% Emissions Milestone - Widely discussed: 95% of KAS already emitted - Near-zero future dilution highlighted as key differentiator vs other L1s - Multiple viral posts (10 likes, 101 impressions) c) Whale Activity Monitoring - @KaspaBuilders providing daily on-chain analysis - Exchange flow tracking showing shifting accumulation patterns - "Capital flowing downward" narrative from whale distribution to retail accumulation d) Community Sentiment - 91% bullish sentiment per @KaspaBuilders (Jan 2026) - Some bearish technical analysis noting descending trendline resistance at $0.036 - French/Spanish language community actively growing - Recurring comparisons to Litecoin as "next to be replaced"
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Apr 10
Lego Iran songs as a Spotify Playlist? open.spotify.com/playlist/5R… This will be studied for years to come. War propaganda history written in real-time. Very efficient in talking to an US audience with many illiterate and conditioned to Fox News
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Apr 4
No wonder aliens are not showing themselves to earth. No sign of intelligent life.
BREAKING: I have obtained the first two images leaked from Iran showing the total destruction of major petrochemical plants and oil refineries in Mahshahr as a result of U.S. and Israeli airstrikes. This is expected to trigger another major global energy crisis, as the IRGC is likely to retaliate by targeting major oil facilities in Saudi Arabia and Israel in response. Saudi Arabia has played a strategic role by hosting Prince Sultan Air Base, from which KC-135R and KC-46A tankers have been refueling U.S. and Israeli fighter jets involved in these operations. As a result, Saudi oil infrastructure is likely to become a primary target in Iran’s response. #OperationEpicFury #OperationLionsRoar
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Picaye retweeted
⚔️ Kaspa is taking over X 😁 What do you think about this @elonmusk? 🎞️ Made with Grok Imagine (I did some editing and added the music) 🏹 Like & Repost... For #Kaspa! @kaspaunchained $KAS
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I wana test a theory Retweet for $KAS Like for $BTC
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Apr 3
So much happening in the $kas community-at last my Hermes agent helps me to keep up to date. Thanks @NousResearch
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Apr 3
KASPA WEEKLY BRIEF -- April 03, 2026 (covering past 7 days) MARKET SNAPSHOT - Price: $0.0312 (7d change: -9.7%) - Hashrate: 397,288 PH/s - Block reward: 3.09 KAS - Weekly range: $0.0306 - $0.0367 NOTABLE DEVELOPMENTS THIS WEEK - Coinbase Crypto Market Structure deal near finalization: Top tweet of the week  highlighted that regulatory clarity is coming, with Kaspa positioned to benefit  as the market gears up. - Toccata technical framing released: A 6-part thread clarified that Kaspa is  building both L1 covenants AND based ZK paths in parallel, allowing developers  to choose the right tool for their use case. This is a significant architectural  clarity for the project. - FrostCard NFC cold storage device announced: A new open-source hardware wallet  specifically for Kaspa is in development, featuring open-source security chip  programming and covenants compatibility. - Agentic KAS transactions live on KasMap: The first agentic $KAS transaction  was captured on-chain via KasMap, demonstrating real autonomous AI-to-Kaspa  interaction. An AI agent was also given a KAS wallet and launched an NFT  collection autonomously. - VPROGS (Virtual Programs) discussion active: Community asking about the roadmap  for VPROGS implementation; the team indicates the feature is not live yet but  progress is being made. SENTIMENT SIGNAL Overall sentiment: Neutral-to-Bullish (with long-term conviction) Key talking points from X: - KAS/BTC ratio is 28.8% below its 1-year average, sitting near the bottom of  the range -- historically a mean-reversion signal for patient holders. - "Kaspa below $0.04 is a once in a lifetime opportunity to BUY" -- recurring  theme among retail posters. - "Kaspa could overtake Ethereum as the top altcoin" gaining traction, with  BlockDAG speed cited as the differentiating factor. - Some concern about KAS struggling at $1B market cap despite best-in-class  tech and community. - Bearish voices present but drowned out; no major negative catalyst this week. Notable authors: - @kaspaunchained (FrostCard announcement) - @KasMaporg (agentic transaction showcase) - Technical analysts pointing to KAS/BTC ratio at historical lows COMMUNITY HIGHLIGHTS 1. Coinbase regulatory news tweet: L=94 RT=12 -- highest engagement of the week,   framing Kaspa as poised to benefit from incoming market structure regulation. 2. KasMap agentic transaction: L=29 RT=11 -- first live demonstration of an AI   agent executing autonomous transactions on Kaspa's BlockDAG. 3. KAS/BTC ratio analysis: L=24 RT=4 -- ratio at multi-month lows, interpreted   by the community as accumulation zone signal. 4. Toccata technical thread: L=14 RT=9 -- most substantive technical discussion   of the week, clarifying the dual-path (covenants ZK) roadmap. 5. FrostCard open-source wallet: L=6 RT=0 -- new infrastructure project bringing   hardware cold storage to Kaspa with covenants support. 6. AI agent NFT collection: L=4 RT=2 -- an AI agent given a KAS wallet launched   a 1,000-piece self-portrait NFT collection autonomously, illustrating   financial autonomy on Kaspa. WEEKLY STATS SUMMARY 7-day price range: $0.0306 - $0.0367 7-day change: -9.7% Volume spike: April 1 saw elevated volume (~48.6M KAS) vs. daily avg of ~20-30M Current price: $0.0312 (approaching weekly low) Key support: $0.0300 (psychological recent weekly low) Key resistance: $0.034 (recent range top), $0.036 (prior support turned resistance) Daily closes: - Mar 27: $0.0345 (week open) - Mar 28: $0.0347 - Mar 29: $0.0329 (first drop) - Mar 30: $0.0319 - Mar 31: $0.0326 - Apr 01: $0.0321 - Apr 02: $0.0312 - Apr 03: $0.0312 (week close so far) ACTIONABLE TAKEAWAYS 1. Price is near weekly lows ($0.031) and approaching key $0.030 support. The   KAS/BTC ratio sitting at the bottom of its 1-year range historically precedes   mean-reversion; long-term holders may view current levels as accumulation zone. 2. Two major catalysts on the horizon: (a) Coinbase market structure deal   finalization could trigger broader altcoin momentum, and (b) Toccata upgrade   bringing L1 covenants based ZK positions Kaspa as a dual-paradigm Layer 1. 3. Ecosystem infrastructure expanding actively: FrostCard hardware wallet,   KasMap agentic transactions, and VPROGS progress signal maturing developer   activity. Monitor for VPROGS release timeline as a potential bullish catalyst.
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Picaye retweeted
Apr 2
Replying to @TheFnAardvark
We openly admit Kaspa needs real usage and fees long-term. That’s not a hidden weakness, it’s one of the most common discussions in the Kaspa community. Security budget, adoption, and fee demand are things we talk about constantly. So don’t accuse us of being deceptive or incapable of introspection. That’s ironic… Bitcoin maxis are the ones who often deny the inevitability of fee-based security within the decade. And first, get the facts straight. Kaspa doesn’t “halve every 30 days.” 30 days is roughly 1/12th of a halving. About 1 year equals one full halving. It’s simply a smoother emission curve than Bitcoin’s step-function model. Meanwhile, Bitcoin’s own security budget is shrinking fast: • ~0.2% around 2032 • ~0.1% around 2036 At that point, your protocol is almost entirely dependent on fees. Bitcoin’s fee model is far poorer than Kaspa’s high-throughput fee market in terms of practicality of adoption. We understand the inevitability of relying completely on fees. You guys often deny it. Some even claim Bitcoin has until 2140, which is mathematically ridiculous. Security budget pressure arrives more than a century before that. Also, proprietary ASIC hardware is essential for PoW game theory. You don’t understand miner incentives. You don’t understand fee-based security modeling. You claim we don’t admit these things. but we’re openly modeling them while you pretend they don’t exist. Here’s a calculator I built if you want to actually look at the numbers: cryptoodie.github.io/KASPA-V… And go read “Fee-Based Security Modeling” by Lynn Alden.

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Picaye retweeted
Replying to @BitcoinRachy
This happened to me in 2012. All my friends who were investing in GM, Ford and Toyota. Laughed at me for going 60% Tesla and the other 40% into the car giants. You’re gonna find a common theme over your lifetime. This will be one of those moments. You need 95% of people doubting Kaspa right now. That how’s you get it for basically free. All my friends own tesla now. They don’t laugh at me anymore. They say how did you fucking know. I tell them. I didn’t have fucking clue just like the rest of you. Tesla could and almost did go bankrupt twice. Bitcoin damn near went to zero 2-3 times. 95-99% of the bitcoin followers you have bought it fucking late. Most of them dont have a fucking clue how bitcoin works. They just buy it because it’s #1 on cmc. That doesn’t make them smart. Investing is the ultimate equalizer in life next to death. A retard and the smartest person on earth can take risk and buy the same amount of a stock at the same time. And if it works out. They’re just as rich. Dumb as rock or as smart as Einstein. Makes no difference. Kaspa is a risk most arent willing to take. The ones that do will be rewarded handsomely or it fails. I don’t fucking know. I don’t shill Kaspa. I just buy and mine it myself and tell people if any crypto on earth has a chance to do what bitcoin did it’s Kaspa. 10 years from now every one of those fuckers will be buying it if it’s successful. Be the few.
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KASPA $kas DAILY BRIEF ” Tue Mar 31 2026 MARKET SNAPSHOT - Price: $0.0319 USD (-3.3% 24h) - Hashrate: 410 PH/s - Block reward: 3.09 KAS (next: 2.91 KAS in ~5 days) NOTABLE DEVELOPMENTS - Kasanova wallet airdrop ecosystem expanding: $BITE, $HUMPY, $PLUTO, $KSNV onboarded to faucet (kasanova.app/faucet) - WarpCore by @KaspaKii generating positive buzz — described as "what Kaspa was built for" - KaspaSilver hosting YouTube panel "Former Bitcoin Maxis Who Found Kaspa" on April 4, 9:30 AM EST - Active FUD campaign detected: one account (1725180592696791040) spamming identical "garbage coin" messages across 20 Kaspa accounts; ignore - Kaspa DeFi activity limited; Testnet-12 development ongoing ahead of May 5 hardfork SENTIMENT SIGNAL Mixed-to-bullish among engaged users. Accumulation narrative intact ("people keep accumulating kaspa"). Long-term holders. Coordinated short-side FUD is obvious and concentrated. Technical community (WarpCore, Kasanova) remains constructive. COMMUNITY HIGHLIGHTS - @glitchin888: "WarpCore by @KaspaKii is incredible this is what kaspa was built for" - @CryptoOracle242: "The stars truly are aligning for the real digital silver. Very excited for Kaspa in the next year or two" - @KaspaSilver: April 4 panel former BTC maxis who went deeper and found Kaspa (YouTube live) ACTIONABLE TAKEAWAYS - Price underperforming BTC in current dip; accumulation structure intact - Block reward reducing in ~5 days (3.09 -> 2.91 KAS) standard schedule - May 5 hardfork remains the key catalyst; Testnet-12 development continues - FUD/spam volume elevated but lacks technical substance

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