k:Will @_wjmartino_ Twitter profile

Last Seen Profiles

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k:Will

@_wjmartino_

3 years

1/ We’re excited to announce the release of @Kadena_io ’s Chainweb-Mining-Client. This software allows #miners to mine to their own nodes, without going through a pool and paying the associated pool fees, mitigating centralization within pool servers.

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@_wjmartino_

2 years

The FTX meltdown doesn't impact @kadena_io in any way. Well, I guess it means our FTX listing will never finalize. It's an open secret that FTX was behind SOL's rise (which they treated like their BNB chain), most of SOL's TVL, etc. Consequently, we didn't work much with FTX.

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@_wjmartino_

3 years

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@_wjmartino_

3 years

What am I missing here? Unless ETH2 txs go fully private, centralized block production breaks censorship resistance and makes the protocol exactly like VISA (centralized transaction orchestration, mapped out to many merchant banks ledgers for validation/settlement).

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@VitalikButerin

3 years

Endgame

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@_wjmartino_

2 years

How many @kadena_io miners are running decentralized (aka #chainweb -mining-node) and what are your $KDA rewards like? Please include daily KDA + mining unit. I've seen reports of 1x-1.5x rewards vs that of a pool-based approach.

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@_wjmartino_

4 months

There is no denying that #Dencun is a key step in Ethereum’s scalability initiative, as it reduces gas fees by up to 10 times on L2 solutions like @Optimism , @Starknet , or @Arbitrum . However, for low fees, now and forever, @Kadena_io is the only truly scalable blockchain that

Bankless

@BanklessHQ

4 months

The Blobs have arrived 🫠 Ethereum's Dencun upgrade is now live!

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@_wjmartino_

2 years

So great to meet in person @ctoLarsson ! And damn, the video came out great ... especially despite my being up until 3am working on #marmalade the night before. Thanks again for lunch!

A better Kadena KDA video: Meeting the boss

Two parts: 1) Critical BTC analysis. 2) Meeting the co-founder and president of Kadena, Will Martino. Can he turn CTO into a Kadena fan?⮕🇸🇪 Larsson Line ...

www.youtube.com

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@_wjmartino_

7 months

New @Kadena_io starts today. Making Kadena human-friendly has been part of our core beliefs since we created Chainweb and Pact. @sirlensalot and I believe that everyone can benefit from Web3 technology. Now, our branding reflects that. Welcome to #NewKadena

Kadena

@kadena_io

7 months

The moment everyone has been waiting for has FINALLY ARRIVED 🎉 Visit and learn how @Kadena_io reimagines blockchain technology for all humans 💜 Welcome to #NewKadena the human gateway for Web3 technology.

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@_wjmartino_

2 years

In times like this, I'm glad stuck with decentralization and organic growth vs selling +10% of our network to major VCs/Whales to act as hidden hands with their thumbs on the scale + a hype-first approach. @kadena_io 's path is harder and longer, but sustainable long term.

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@_wjmartino_

3 years

1/ (of 13ish) Debunking Kadena “gotcha’s”: miners can insert bad blocks onto some chain -or- a miner can take over a specific chain and insert bad blocks. No, this isn’t a problem but it was a common critique circa 2018 and it still comes up from time to time.

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@_wjmartino_

3 years

1/ Cog. Dissonance in Scaling, Nov'21. Solving scaling means that gas fees aren't crazy. ETH has years of truly impressive Layer-2 development and the highest adoption rate of L2 solutions. ETH still has insane gas fees. If L2 doesn't work for ETH, why will it work elsewhere?

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@_wjmartino_

3 years

Woah, 10k followers! Holy crap! Some other founding team members at Kadena worth following: @bkmlep - Lead Pact Lang Eng @BlockchainDoug - Dir of Eng @SirLensALot - CEO/Founder @JeffreyKadenaIO - Ops/Community King

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@_wjmartino_

2 years

Reddit Office Hours - Round 2 On December 5th, 2PM UTC, I'll be hosting another Office Hours on Reddit. So be sure to leave your questions and vote on your favorites for me to answer. See you there!

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@_wjmartino_

3 years

@ZodiaCwIzaRd12 @SirLensALot :rolls eyes: blockchain's aren't supposed to crash. They can slow down and/or fall back to empty blocks in a worst-case scenario (usually an attack)... but the whole point of a blockchain is that it doesn't crash.

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@_wjmartino_

2 years

Now that the annual Nov clusterf*ck seems to be finally (hopefully) behind us and, like clockwork, everyone is asking about what the point of crypto is… lets talk about it. Specifically, _not your keys, not your coins_ and Web3 in a broader context.

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@_wjmartino_

2 years

@WhiteTigerWest1 @SirLensALot @BlockchainDoug POS is fast (finality) until it's congested, then it's just like ETH was: high gas fees leading to faltering adoption -> drive to centralization/subchains/L2. If crypto is going to get real adoption beyond token transfers it needs an L1 that can scale long term... Like $KDA

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@_wjmartino_

2 years

I would like to extend a warm welcome to @scottGTM , #KadenaEco ’s new growth advisor. Scott is a seasoned leader in GTM marketing, and his wealth of experience will assist @kadena_io in its rapid expansion plans. Super excited for what’s to come!

Kadena

@kadena_io

2 years

We’re thrilled to announce that @scottbGTM will be joining the Kadena family as a growth advisor of #KadenaEco ! Scott is the co-founder of GTMfund and brings to #Kadena a wealth of experience in growth strategy and strategic marketing! Welcome, Scott!

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@_wjmartino_

5 months

So excited that we can show @Kadena_io SpireKey to the world. Say goodbye to the cumbersome wallet sign-ins and signatures. People can finally make secure transactions with the added security of multi-sig with #Pact .

Kadena

@kadena_io

5 months

🔑Introducing #KadenaSpireKey ! The @Kadena_io SpireKey uses WebAuthn tech to bring convenience directly to your phone or device, making #Web3 transactions as easy as using Apple or Google Pay!📱

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@_wjmartino_

2 years

Hosting my next office hours on Reddit Friday, Nov 4th. If you have a question for me, @kadena_io , or the team, I’ll be replying to the most upvoted Reddit comments or questions from the community.

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@_wjmartino_

2 years

I've been in crypto for 8 years now. After a few years, I noticed that every October I get worried that November is coming. Every year I tell myself that I'm just being paranoid...

SBF

@SBF_FTX

2 years

1) Hey all: I have a few announcements to make. Things have come full circle, and ’s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for (pending DD etc.).

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@_wjmartino_

2 years

In @ctoLarsson 's video, I mentioned that I'm not that great at explaining Kadena's approach to scaling... especially w/ 4 hours of sleep. Here's a much better video, brought to us by @BlockchainDoug

Keynote Presentation: Kadena - DCentral Miami

Speaker:Doug Beardsley, Director of Engineering | KadenaSee our upcoming events, talks, and community at http://www.dcentralcon.comJoin our DeFi & NFT commun...

www.youtube.com

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@_wjmartino_

2 years

So while the short-term might be uncertain, the market is very efficient at removing any not well-prepared participants and positioning the ones that remain even stronger.

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@_wjmartino_

6 months

Opact Wallet by @hackachain represents a significant leap in balancing privacy with regulatory requirements, ensuring @Kadena_io ’s ecosystem remains at the forefront of blockchain privacy. This blog delivers an in-depth look at how @Opactprotocol sets a new privacy standard

Opact Protocol

@opactprotocol

6 months

Are you still lost with everything Opact Wallet? Don’t worry! We’ve just posted a very complete article written by our co-founder @rafaeldkborges explaining in simple terms everything you need to know! Check it out and feel free to ask any question!

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@_wjmartino_

2 years

I’ve been working in the crypto industry for almost a decade now and have experienced multiple scenarios where the future of crypto was uncertain. FTX's collapse, and this crypto winter more broadly, is not one of them.

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@_wjmartino_

2 years

While the current situation is detrimental for investors, an event like this will draw more attention to the industry and strengthens the overall marketplace by clearing out players that had non-robust business models.

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@_wjmartino_

3 years

4/ This is an experiment, and yet our internal testing has been as promising as it was unexpected. It appears a side effect of scaling POW is that it also solves the centralized-POW-pool problem! Just mine to your local node!

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@_wjmartino_

2 years

Ultimately, this will move the industry in a direction that is beneficial to everyone. Crypto was created on the promise to learn and improve on the mistakes of the TradFi space, not mimic it.

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@_wjmartino_

7 months

I'll be at tomorrow's event, be sure to join our EOY celebration!

Kadena

@kadena_io

7 months

Celebrating the end of 2023 with the Kadena community! 🎉 We're thrilled to announce the Kadena Holiday Giveaway as our way of saying thanks to you all. 🎁 Giveaways Jump into our @zealy_io sprint for daily chances to win amazing prizes, starting with two @Ledger Nano S Plus!

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@_wjmartino_

6 months

If you want an in-depth discussion on #ZK , you should definitely listen to this Beyond the Block episode with @LurkLab ’s CEO John Burnham and our own CTO @jwiegley . Tons of insightful thoughts surrounding the future of ZK tech & @kadena_io

Kadena

@kadena_io

6 months

Beyond the Block Episode #2 “ZK Tech and Applications” is LIVE! This week’s episode features a conversation about #ZK tech between @LurkLab CEO John Burnham and @kadena_io Chief Technology Officer @jwiegley ! Watch the full episode now👇

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@_wjmartino_

6 months

Congratulations to Hackchain on launching their ZK wallet on testnet! What ZK features is everyone most excited about with the OPact Wallet?

Hack-a-Chain

@hackachain

6 months

This week we are launching our test net version of Opact Wallet in @kadena_io network, we are happy to make this job done. @opactprotocol

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@_wjmartino_

11 months

@kadena_io @mherron54 We are thrilled to have @mherron54 onboard as Kadena’s new CMO. Mike’s wealth of marketing experience and vision will elevate Kadena’s presence to new heights in and outside of the blockchain space. Welcome, Mike, to the Kadena family!

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@_wjmartino_

5 months

If you want more info on #KadenaSpirekey , this blog summarizes nicely the benefits & use cases. @Kadena_io Spirekey is a leap towards human-friendly #Web3 interactions where every human can easily & securely sign transactions through a QR code, link, or biometric verification.

Kadena

@kadena_io

5 months

🔐Let’s dive into #KadenaSpireKey - the future of seamless and secure #Web3 transactions! Say goodbye to complex transactions and hello to human-friendly signing options, through biometrics, QR codes, links, or directly on your device.

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@_wjmartino_

2 years

Congrats @jwiegley for your well-deserved promotion to CTO of @kadena_io ! You're one of the top visionaries in the space and I can't wait to see where you take Kadena, and Crypto generally, in the years to come.

Kadena

@kadena_io

2 years

We are thrilled to announce that our very own @jwiegley has been promoted to Chief Technology Officer of Kadena. As CTO, John will be focused on building the appropriate technical direction to turbocharge Kadena to mainstream adoption!

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@_wjmartino_

2 years

While FTX's demise isn't a "to big to fail" situation, exchange reserve transparency is clearly something that crypto we'll need in the future, and we're already starting to see it enacted.

Crypto Exchanges Scramble to Compile 'Proof of Reserves' as FTX Contagion Grips Markets

Nine prominent exchanges said they will publish proof-of-their-reserve holdings in the next month.

www.coindesk.com

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@_wjmartino_

2 years

. @kadena_io community... when it comes to content (e.g. interviews on youtube), how much does the quality of the channel matter? As in, how much does it matter if an interview amplifies a channel that may go on to make erroneous/inaccurate content later on?

It doesn't, MOAR CONTENT!

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🤷 Depends on the channel

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The quality/rep matters!

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@_wjmartino_

2 years

Thanks to those who showed up for my first office hours in 2023! Let me know who you want to see hosting an office hour or AMA next.

Randy

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@_wjmartino_

3 years

2/ A longstanding “POW isn’t decentralized” argument is the need for centralized pools to mine efficiently. With Chainweb-Mining-Client, Kadena could be the first pool-less protocol. No validator nodes ( #POS ), no pool servers ( #POW ), just pure mining and full nodes.

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@_wjmartino_

2 years

Congrats @bezanastasia !!! You've been the foundation of @kadena_io Ops for years and I'm elated to see you promoted to Chief Operations Officer.

Kadena

@kadena_io

2 years

In September, the amazing @bezanastasia took on her new role as @kadena_io ’s COO. Her passion & in-depth expertise have tremendously helped the growth of #Kadena . Read the full blog about it here:

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@_wjmartino_

2 years

This thread is long enough, so I’ll end it here. I promise I’m going somewhere with it, and it involves some new core tech we’re planning to work on at @kadena_io . Still, setting the stage is important.

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@_wjmartino_

1 month

I can see the trend, as institutional market adoption spreads globally, more projects are building with regulatory compliance in mind. KDSwap working toward MiCA compliance for their DEX is a huge win for both their longevity as a project and for Kadena

Kadena

@kadena_io

1 month

We are excited to be working with @KdSwap to build a decentralized exchange in Europe and beyond! ⛽ Gas-free transactions powered by @kadena_io ✅ Working towards MiCA compliance as a #DEX in the #EU 🤝 Easy-to-use #DeFi #dApp Learn more here:

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@_wjmartino_

3 years

3/ Traditionally pools were there to give miners more frequent payouts. But because Kadena has a much higher block rate, we’ve found that mining solo can actually yield similar/better results.

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@_wjmartino_

3 years

I introduced my parents to crypto Twitter this year. Mistakes were made.

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@_wjmartino_

2 years

🔥🔥🔥

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@_wjmartino_

2 years

@M_Power87 @shotsbymatta @kadena_io KDA token economics avoids having miners (who want rewards) and users (who want low fees) fighting over the definition of "low fees". The protocol (ie block reward) should fund the network's operation, not the user-driven fees. How? Have the rewards last over a century.

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@_wjmartino_

3 years

3/ It's been years... is it fair to say that L2 has proven that it doesn't address gas costs beyond dropping them from absolutely ludicrous to merely insane? Can we please start being honest that "high gas fees" are good for the powers that be? They are a feature, not a bug!

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@_wjmartino_

2 years

If this is legit, I just... can't even. Within hours of filing for bankruptcy, FTX gets hacked. WTF!?! <resigned laughter> I hate November </>

foobar | Clusters

@0xfoobar

2 years

Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here

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@_wjmartino_

7 months

@kadena_io New Year, #NewKadena

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@_wjmartino_

2 years

@WorldofKadena @StackUpYourSats @tbenst @Randynamic_4 @kadena_io @hypercentpad @KdLaunch @KaddeXofficial @SirLensALot @BlockchainDoug This is the same as getting mad at Microsoft for your video game being laggy on your PC when the game's devs didn't program the game to run on multiple CPUs/GPU. There will always be work on our part to make multi-chain apps easier to build, but it's more than doable today.

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@_wjmartino_

2 years

thank you to our amazing community for joining and flooding me with questions, it was a lot of fun, next time we’ll do one on Reddit!

Ⓚ:KadenaCommunity

@KadenaCommunity

2 years

Missed this week's Discord AMA 💬 with #Kadena 's President & Founder @_wjmartino_ ? Here's a small thread of some interesting Q&As 🧵

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@_wjmartino_

2 years

Glad to have @Randynamic_4 ’s on our team. His experience in front-end development runs as deep as his experience on the baseball field.

Kadena

@kadena_io

2 years

We are excited to feature @Randynamic_4 in Kadena's Personnel Series, where we showcase some of the most brilliant and talented minds at #Kadena ! Take a deep dive with Randy and learn about his passions, experiences, and his vision for Kadena!

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@_wjmartino_

3 months

Roughly 90% of RWAs are yield-generating assets... I'm eager to see if non-yield generating #RWAs like art & real estate will gain some traction soon. There are definitely benefits like increased liquidity, but more needs to be done to build demand beyond Web3’s echo chamber.

Messari

@MessariCrypto

3 months

Over the past year, RWA protocols have seen a remarkable resurgence, with their TVL soaring to nearly $8 billion, driven by a market preference for debt-based, high-yield investments. ✍️ @SteimetzKinji provides insights in the latest Messari Pro report:

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@_wjmartino_

3 years

2/ Is there an example of a major (+$500MM mcap) smart contract dapp that LAUNCHED directly on L2 vs migrated from L1 to L2 AFTER gaining traction on L1? I suspect that rapid innovation isn't possible (or is heavily curtailed) when L1 gas fees block the initial L1 adoption phase.

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@_wjmartino_

3 years

My interview with @shotsbymatta premiere's soon. My personal fav quote: "Until solidity, I thought, god things can’t get worse than javascript. And then solidity came along and said *hold my beer*." @kadena_io #kadena $KDA

What is Kadena Cryptocurrency Interview with Co Founder Will Martino 1

Check out my latest interview with the president and co founder of Kadena Will Martino. We are going to dive deep into the tech behind Kadena and why KDA is ...

www.youtube.com

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@_wjmartino_

2 years

💯 After I was burnt out from my gov't coding job years ago, I did a session at RC (back when it was still Hacker School). I've described it as a "writers retreat for programmers" and it was absolutely worth it.

Recurse Center

@recursecenter

2 years

Feeling burnt out? Legacy codebase got you down? Wishing you had colleagues who enjoyed learning just for the heck of it? Join RC and rediscover how energizing programming can be when you follow your curiosity alongside a friendly community:

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@_wjmartino_

3 years

Am I the only one concerned with the cognitive dissonance between "gas usage leads to mcap increase" and "network scalability"? The mechanisms seem to be either: gas being burned (deflationary -> higher coin price) or charged (staking collects the gas).

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@_wjmartino_

2 years

The reddit post is now live:

k:Will

@_wjmartino_

2 years

Hosting my next office hours on Reddit Friday, Nov 4th. If you have a question for me, @kadena_io , or the team, I’ll be replying to the most upvoted Reddit comments or questions from the community.

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@_wjmartino_

2 years

@_dovgoruk Batten down the hatches, build, execute. Crypto winters are like natural forest fires, they clear our the underbrush so the forest can grow back stronger.

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@_wjmartino_

3 years

@Calvin_Crypto1 Patience

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@_wjmartino_

3 years

@Jonbros01 @BlockchainDoug @kadena_io KDA isn't trying to compete with or supplant BTC. KDA is trying to pick up the flag that Satoshi first envisioned for BTC - digital, decentralized, p2p cash - and carry it even further forward.

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@_wjmartino_

3 years

Large-scale adoption needs real scalability (not just a 10x faster blockchain) and scalability implies that gas prices should remain low. So if the value prop of a network being predicated to gas, was scalability ever a real goal or was it just a marketing term?

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@_wjmartino_

2 years

Why decentralized? To be blunt, I can’t see a system like BankID happening in the USA for exactly the same reason I believe lobby-driven industries like TurboTax will persist. Real tech upgrades remove efficiencies that dinosaurs feed on. We need a grass-roots approach.

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@_wjmartino_

2 years

Tomorrow, probably: FTX released COVID-22 into the wild

Meltem Demirors

@Melt_Dem

2 years

i’m sorry but what in the actual f*ck just how clownish can it get?

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@_wjmartino_

2 years

@WhiteTigerWest1 @NepoleonBon @4IR_Alpha @SirLensALot @BlockchainDoug Crypto winter is helpful here, clears out the scams/battle tests the bad ideas and gives everyone else the time to build and solidify foundations. Also, in this recession the core motivation for BTC in '08 (quantitative easing) is finally showing its darkside (inflation).

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@_wjmartino_

4 years

#ICYMI - Watch the "Shaking Hands Early: How Enterprise is Adopting Smart Contracts" panel from @Chainlink ’s #SmartCon summit. This panel features me alongside @jwolpert , @fribeiro1 , & @yorkerhodes . Full presentation here

Shaking Hands Early: How Enterprise is Adopting Smart Contracts

Selling enterprise blockchain is a critical step in creating meaningful revenue flows. John Wolpert from Baseline Protocol, Fernando Ribiero from Oracle, Yor...

www.youtube.com

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@_wjmartino_

2 years

Since the beginning of the web, we’ve used usernames and passwords for logins. Then hacks started happening and most switched to password managers and yubikeys… but still, the username/password setup remained.

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@_wjmartino_

2 years

Want to see a doctor? Sign in with BankID. Pay your taxes? Transfer with BankID. Signing legal documents? Attest with BankID. Hell, most websites don’t even have a notion of “accounts” and just use BankID. Why? Because it’s identity attestation AND payments.

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@_wjmartino_

2 years

Overall, I feel that passwordless + native payments + decentralization is both the future and what Web3 means.

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@_wjmartino_

2 years

When I get asked to explain Web3, I generally check if I have any Swedes present. If I do, I can explain it to them in 3 words: decentralized global BankID. BankID is a system that’s universal in SE, and used for everything.

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@_wjmartino_

2 years

Why payments? Because that’s the major feature missing from the internet and being at the mercy of what stripe/paypal/banks think of you, when mistaken bans happen regularly, is ripe for disintermediation.

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@_wjmartino_

3 years

@savil_0402 @kadena_io @SirLensALot Great post! Thanks for taking the time to write it. > The only thing I would say - are they too ambitious? LOL, I can think of 3-4 ideas way more ambitious than a DEX/NFT. We keep these ideas on a shelf until the time is right or until we're comfy with the implications.

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@_wjmartino_

3 years

@mrbathinape Nah, someone started attacking some of the nodes... but we're not POS so the network didn't stop just because the bootstrap nodes went down, which took out block explorer/some full nodes/some APIs. At no point did the network slow down to BTC or ETH levels of block production.

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@_wjmartino_

2 years

Why passwordless? Because the benefits are huge and password manager hacks are just getting worse. Moreover, most of us walk around with secure enclave devices that are capable of signing. The web is just a better place when you don't have a password to lose.

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@_wjmartino_

3 years

2/ Assumption A: POW breaks down *anyway* when a single malicious group of miners has 51%. That’s just how Nakamoto consensus works.

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@_wjmartino_

2 years

BankID centralized, run by the banks of SE, and is a nightmare to get an account with… but once you do, it definitely feels like the future, a passwordless future with native payments integration. Wait a minute… isn’t that Web3 w/o the decentralization?

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@_wjmartino_

2 years

@kadena_ireland @KadenaUK @WhiteTigerWest1 @NepoleonBon @4IR_Alpha @SirLensALot @BlockchainDoug Yep. More bullish than ever actually. Part of solidifying foundations is making key hires that we just didn't have access to 4 years ago... and thats gone amazing. But hiring isn't really splashy and takes a lot of time... which also why things have been a bit quiet

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@_wjmartino_

2 years

@Kadenoshi This is cool, and yet Kadena's current branding is dope and we're not gonna change it. That said, it's a great concept and some new k-themed project on kadena should thing about taking inspiration from it.

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@_wjmartino_

2 years

@WhiteTigerWest1 @NepoleonBon @4IR_Alpha @SirLensALot @BlockchainDoug I don't think real enterprise adoption will happen to crypto until the public side of crypto gets its house in order, ex the bnb hack screams _not ready for primetime_. The problem is you can't really upgrade protocols in mainnet, so we needed to build for industry from the start

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@_wjmartino_

3 years

@KadenaNetwork @Z96Han @KdLaunch @kadena_io We are close to doing our first grants and announcements. @KdLaunch were willing to be the case study in how the process would work when it came to namespaces etc.

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k:Will

@_wjmartino_

2 years

Moreover, there’s no password component – for most things it’s just a QR code that you scan with your phone and biometrics. For bigger ticket items, it’s a pin code too. It’s not all sunshine and kittens though.

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@_wjmartino_

2 years

@KadenaCali @WhiteTigerWest1 @kadena_io @SirLensALot @BlockchainDoug Agreed. Also we're not rolling as much medium/etc content stuff this week (and maybe next depending) because it'll just get lost in the ftx fallout. Instead we'll be able to focus more on infra (like the discord reorg).

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@_wjmartino_

3 years

6/ So, why isn’t this “gotcha” a problem for Chainweb? Mostly because it violates assumptions B and C. Honest miners are incentivized to mine the entire network. Each chain is a peer (there’s no central/beacon chain) and the miner reward is spread between the network evenly.

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@_wjmartino_

3 years

5/ Assumption D: Hash collisions are so unlikely that you can treat them as impossible. This does a better job explaining the concept than I ever could:

How secure is 256 bit security?

How hard is it to find a 256-bit hash just by guessing and checking?Help fund future projects: https://www.patreon.com/3blue1brownAn equally valuable form of...

www.youtube.com

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@_wjmartino_

3 years

So @superhuman normally has a nice, calming "reward" nature picture for clearing your inbox. Such peace, much relax. It's a feature I look forward to. Today I emptied my inbox... and now I'm being hunted by a polar bear.

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@_wjmartino_

3 years

3/ Assumption B: Miners respond to economic incentives rationally. If behavior X is more profitable than Y they will do X. This is a core assumption of POW, and POW work.

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@_wjmartino_

3 years

@KaddeXofficial @KDX_Mandrake @KDX_Frogman @shotsbymatta Great job on the interview! I'm looking forward to meeting the team next month at DCentral Miami.

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@_wjmartino_

3 years

@kadena_io @gauntletnetwork 15/ The black dot is the "bad block", and the lines are the references to it by other chains. Within a few depths, the attacker will need to be mining the entire network as the honest portion has failed-to-validate the bad block.

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@_wjmartino_

3 years

@KcvincentV Yep, that effort will hopefully get announced before EOY.

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@_wjmartino_

3 years

@javiermendonca @Crypto238900 @NicolasFlamelX KDA braids 20-chains together, but there's no "main chain" to be a sidechain of. When KDA 2.5x's its throughput to 50-chains, the network's sum POW gets divided by 50 instead of 20. Because POW is +99% of total network effort (<1% for node ops), KDA scales w/o increasing compute.

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@_wjmartino_

3 years

13/ Though logical and self-evident to us, we wanted to double-check that there wasn’t some sneaky strategy/something we missed. Thus @kadena_io became @gauntletnetwork 's first client:

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@_wjmartino_

3 years

7/ Thus, miners would reduce their possible rewards by not mining the entire network. The cost of replicating an extra 10 (or 1k) chains is nothing compared to the cost of a single ASIC. This truth is strong enough to assume that, so long as Assumption A holds…

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@_wjmartino_

3 years

10/ The second that this bad actor attempts to include a bad block, the honest majority rejects it and doesn’t work on a network that includes it. For the bad actor to keep the block in the network until 1/2 of confirmation depth, they will need 51% of the hash power.

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@_wjmartino_

3 years

11/ Why? Because chainweb blocks recursively refer to each other, so within a short period of time the bad actor needs to mine more and more chains in the network because the honest majority isn’t including the bad block.

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@_wjmartino_

3 years

@KianuPicanto @thedailygripe_ @HathorNetwork All DAG approaches are limited in how much they can scale. At best they'll see a 20x speed bump over traditional (sequential) blockchains and that scaling is determined by how unrelated tx's are to each other (ie parallelizable). Literally a law in CS

Amdahl's law - Wikipedia

en.wikipedia.org

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@_wjmartino_

3 years

@Jonbros01 @kadena_io Of two, pick one: a large premine with low inflation (favors VCs/insiders, which is kinda the whole point of pos) or a small premine with high initial inflation (more egalitarian). I don't regret our choice, because in return we got a great community and iron hard asic security.

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@_wjmartino_

3 years

9/ But say you’re a bad actor, and you want to attempt to “own” a chain by producing every block for it. So long as the blocks are honest (remember that the honest majority is still replicating/validating the chain you “own”) then there’s no problem.

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@_wjmartino_

3 years

8/ … then a majority of the network will always mine the entire network. In practice, I doubt there will ever be significant chain-specific mining efforts. The economics just don’t make sense. This is even more true when pools are taken into account.

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@_wjmartino_

3 years

4/ Assumption C: The cost of running/replicating a full node is de minimis compared to the cost of mining *especially* when one needs ASICs to mine. Just ask any miner.

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@_wjmartino_

2 years

Congrats @ErozanKurtas and team!

Web3Graph on 𝕏

@web3graph

2 years

The Web3.0 data graph infrastructure project @web3graph received seed round investment from @huobi_incubator . #web3graph #web3 #huobi #W3G

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@_wjmartino_

3 years

@savil_0402 @kadena_io @SirLensALot Tech dominance has never been an issue for $KDA, and more tech won't help KDA right now. Exposure has always been KDA's issue. KDA never got mega-VC/whale "daddy" to put their thumb on the scale behind the scenes... our approach never afforded them the proper "control".

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@_wjmartino_

3 years

@zmanian @ChrisBlec @avalancheavax A $3B unregulated, centralized money transmitter. Just wow. This is gonna end badly.

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