Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability
Michael Sutton stepping in to provide technical support for KaspaDollar is a big deal.
With Alex leading the effort and a Kaspa core developer bringing deep protocol expertise, this could be exactly the synergy we've been waiting for since Toccata.
Protocol + DeFi finally moving together. 🔥
$KAS
i’ll do everything in my power on the technical side to help this initiative move forward and navigate any protocol-level obstacles along the way.
on a personal note, Alex has a rare mix of technical depth, bizdev talent and deep Kaspa knowledge. i honestly can’t think of anyone
five things from this week in Kaspa dev. i have numbered them to appear organized.
1 / KCC standards
KCC1, KCC2 and KCC20 are now Final. devs have shared conventions for how covenants, permissions and fungible tokens work together, ready for wallets and apps to adopt.
x.com/kccforum/statu…
2 / wallet public keys
@OriNewman proposed a wallet convention that keeps public keys hidden until funds are spent, reducing their exposure to future quantum attackers. originally KIP22, it’s now under review as a KCC. spending still reveals the key.
github.com/kaspanet/kccs/…
3 / Kaspa Privacy Initiative
@WellerOlaf shared a private-payment experiment on testnet, followed by a recovery test. wallets were restored and the full test balance withdrawn with the original app controller disabled. the rest of the test infrastructure stayed available. still experimental.
github.com/olafweller/kas…
4 / Kastle
@KastleWallet added support for dotK names. users can view, register and transfer their .k names inside the wallet. the mobile update is rolling out, with name support also available in the extension.
x.com/KastleWallet/s…
5 / KaspaDollar
@asaefstroem is leading a new initiative to build an overcollateralized stablecoin on Kaspa, backing each dollar of tokens with more than a dollar of collateral. development, research and an independent audit are still ahead.
x.com/KaspaDollar/st…
Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability
@KaspaSilver I will never get over the fact that a code system I was part of designing and writing is being ran by thousands of computers worldwide creating a high speed high performance sequencing and coordination system
Ive been silent for years in the tech/crypto community. Was very active back then (2010 or so). Then became a modern hermit.
What made me come back to Twitter? #Kaspa. At first, I stumbled upon it and I was like: nah, cannot be true.
Started studying and I was like: 🤯
kaspa’s growth in 2026.
seeing $KAS turn into one of the most technologically advanced Layer 1s on earth in 2026, when 4 years ago it was seen as a mere replacement for $ETH mining after it transitioned to PoS, makes me feel like a proud dad.
Kaspa has officially evolved beyond P2P payments:
>programmable Layer-1 (Toccata)
>native fungible tokens (KCC-20)
>native KAS privacy research on testnet
on-chain memecoin launchpads (Kaspaseal)
> building toward a programmable PoW ecosystem without switching to PoS.
adoption is near.
KASPA MACHT DEN NÄCHSTEN SCHRITT RICHTUNG EIGENES TOKEN-ÖKOSYSTEM.
Mit der Finalisierung von KCC-1, KCC-2 und KCC-20 erhält Kaspa neue technische Standards, die deutlich mehr Anwendungen direkt auf dem Netzwerk ermöglichen sollen.
Besonders relevant ist KCC-20:
Der Standard definiert erstmals ein einheitliches Modell für fungible Tokens innerhalb des Kaspa-Ökosystems.
Was sich dadurch verändert:
• KCC-1, KCC-2 und KCC-20 sind finalisiert
• KCC-20 schafft einen Standard für fungible Tokens
• Entwickler erhalten klarere technische Regeln für neue Anwendungen
• Wallets, Tools und dApps können auf einer gemeinsamen Infrastruktur aufbauen
• Covenant-basierte Anwendungen erweitern die Möglichkeiten des Netzwerks
Der entscheidende Punkt:
Kaspa wurde bisher vor allem für seine schnelle Proof-of-Work-Architektur und das BlockDAG-Konzept wahrgenommen.
Jetzt geht es zunehmend um die nächste Ebene:
Was kann tatsächlich AUF Kaspa gebaut werden?
Native Tokens und standardisierte Anwendungen könnten genau hier einen wichtigen Schritt darstellen und die Grundlage für ein breiteres Ökosystem schaffen.
Die entscheidende Frage wird nun sein, wie schnell Entwickler diese Infrastruktur tatsächlich nutzen und reale Anwendungen entstehen.
Technologisch beginnt für Kaspa damit eine sehr interessante neue Phase.
#KASpa #KAS#Crypto#Blockchain
i’ll do everything in my power on the technical side to help this initiative move forward and navigate any protocol-level obstacles along the way.
on a personal note, Alex has a rare mix of technical depth, bizdev talent and deep Kaspa knowledge. i honestly can’t think of anyone
The KaspaRocket community is incredibly excited about the Kaspa Dollar initiative, and we want to help make it happen! 🚀
Next week, we’ll launch a token from the official KaspaRocket account, purely for fun, with no utility attached. 100% of the trading fees generated by this token on KaspaRocket will go directly toward funding the @KaspaDollar initiative. 💰
Stay tuned, more details coming next week! 👀⚡️
i’ll do everything in my power on the technical side to help this initiative move forward and navigate any protocol-level obstacles along the way.
on a personal note, Alex has a rare mix of technical depth, bizdev talent and deep Kaspa knowledge. i honestly can’t think of anyone
i’ll do everything in my power on the technical side to help this initiative move forward and navigate any protocol-level obstacles along the way.
on a personal note, Alex has a rare mix of technical depth, bizdev talent and deep Kaspa knowledge. i honestly can’t think of anyone better suited to lead it, and i really appreciate him taking this on
Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability
We have a winner! 🥳💚
Full Kaspa teal logo it is!
Personally, I preferred the two-tone version, but the community has spoken. And that's the way to go! 🚀
The shield it is. 🛡️ Thanks for voting!
Poll 2: the look. Same shield, three colour directions:
1 · Teal & ink: shield split in two, Kaspa teal + ink
2 · Lila: one colour of our own
3 · Kaspa teal & coral: teal shield, warm coral accents
Design ideas in the thread 👇
KaspaDollar could be a BIG unlock for $KAS?. 💵⚡
KAS = native asset + collateral
KaspaDollar = stable money
Kaspa = settlement rails
Payments, DeFi, lending, commerce & AI agentsall with a stable unit of account.
And it’s being led by OG Kaspa dev @asaefstroem. 👀
Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability
Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network.
The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability alone, however, does not make an ecosystem. Decentralized finance requires a unit of account that holds its value, and until Kaspa has a stablecoin of its own, every application built on it will remain dependent on assets issued elsewhere.
The design we intend to follow is the decentralized, overcollateralized stablecoin: a pattern whose security properties have been examined and tested across the industry for the better part of a decade. With the support of the core team, we consider the conditions right to bring it to Kaspa.
Realizing this requires development, an independent audit, further research, and the operational work of taking a protocol from specification to production. To fund it, we are opening a fundraiser with a target of 5,000,000 KAS.
Contributions are made directly to the fundraising address published on the website. Should the target not be reached by 1 January 2027, every contribution will be returned to the address from which it was sent.
Up until that point, this account will share the plans, details and progress of the work as it develops.
🚨 Just in! 🚨
Kaspa’s pseudonymous wallet #1 has acquired A WHOPPING 8.11 million #Kaspa valued around ~ $305,000 😳
They now own over 1.54 billion kaspa:native , valued around ~ $58 million, with an average cost of $0.07555 🤔
so finally, $KAS is unlocking programmability + native tokens on L1.
which means:
1, Memecoin season? KCC-20 opens the door for native tokens, DEXs, and potentially a new trenches ecosystem.
2. New narrative: think early Solana trenches, but on Kaspa.
still very early tho.
3. How to get $KAS: no widely used direct bridge from EVM/Solana to Kaspa L1 yet.
easiest route is buying KAS on a CEX and withdrawing to your Kaspa wallet.
4. Launchpads to watch:
@Kaspaseal@KaspaRocket@krontechnology@KForge_xyz@KaspaCom@kaspafun_rh
5. Wallets:
@KasWare_Wallet@kaspirewallet@KastleWallet
make sure your wallet supports the token standard you're trading.
6. What I'm watching: first memecoins to graduate, real trading volume, and whether liquidity actually sticks around.
could be another short-lived hype cycle, or the beginning of something bigger.
nfa, dyor.
A massive update is coming to KaChat. $KAS
KaChat will be moving away from App Store and Playstore support to instead ensure that desktop can not only work on your computer but also on your phone as a PWA.
This will allow me as just one person to be able to easily push updates fix bugs and add much more features without dealing the restrictions of stores.
You can already start using this KaChat version on your phone today!
Go to desktop.kachat.app and add it to your home screen and it should already function and feel like the mobile version.
Please start reporting bugs if you find any to [email protected] or just DM me to my .kachat domain kaspasilver in the app.
My prophecy: Kaspa core will keep researching, budling and delivering. Yonatan will continue to lead it in terms of vision, far-reaching long-term research and short-term endless day-to-day brainstorming. Core R&D will continue to scale and expand to wider and wider circles. Builders and developers will keep joining L2 testnets and build dapps which utilize Kaspa’s inherent superiorities. Kaspa’s marketing will decentralize more and more. There will be no central voice. As part of the many voices, core members will find ways to communicate their vision and nuanced discussions to the broader crypto community. Truthfulness will prevail. Kaspa core will identify with people who actively contribute, build, research and think about Kaspa from the moment they wake up until the moment they fall asleep. Educators, pedagogues and evangelizers will do what they do best and communicate at different levels based on their knowledge and expertise. I will keep researching, thinking, developing and posting about Kaspa and speak as directly, accurately and truthfully as I can. I love you all (not a prophecy). We just started.
@manyfest_ and the bonus: you get kcc20-standardized borrow-receive for native KAS micropayments (kip10 to those who remember; see parts 12-15 in this thread as well x.com/michaelsuttoni…)
I know the main contribution of KIP9 is the quadratic cost of storage inflation, however here I'd like to put the spotlight on a conceptual discussion which highlights interesting relations between the UTXO model and account models, and their relation thereof to micropayments🧵
4 months ago Toccata enabled native L1 programmability.
Last month, SilverScript brought a high-level language for covenants.
Today KCC-20 finalization gives the ecosystem a shared convention for defining, deploying, interacting with, and composing fungible token assets.
There is still more work to do on indexers, tooling, and KRC-20 migration, but the pieces are coming together.
I made some interactive walkthroughs so curious interns can explore these conventions visually. They cover the Argent reference implementation, hash-chain borrowing, and KCC-23 metadata declaration.
KCC-20 spec:
github.com/kaspanet/kccs/…
Reference implementation:
github.com/argent-lang/kc…
KCC-20 walkthrough:
kcc20.manyfest.dev
Hash-chain demo:
kcc20.manyfest.dev/hash-chain
KCC-23 walkthrough:
kcc23.manyfest.dev
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