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Theory

A Path to Digital Silver as a Stateless World Reserve Currency: A History and Philosophy of The Money Trilemma  -  Part One

Not only does Kaspa solve the Blockchain Trilemma, but it also solves another trilemma: the Money Trilemma. The Money Trilemma claims that a form of money can only provide and maintain two of the three properties at any given time: a store of value (or salability across time), a medium of exchange (or salability across space), and a unit of account (or salability across scale). No form of money has solved this trilemma until now, with Kaspa creating the world's first perfect form of money.

Theory

The Master of Time: How DAGKNIGHT Solves an Impossibility Result Unachievable by Bitcoin, Ethereum and Classical BFT Models

Sat May 04 2024

Nicholas Sismil

The Masters are coming! They are Mastering Time! A famous impossibility result in distributed systems theory formally proved that a protocol cannot achieve a partially synchronous communication model with a fault tolerance bound of ½. However, Kaspa’s future consensus model, DAGKNIGHT, solves this problem, a feat unachievable by any other protocol, including Bitcoin, Ethereum, and Classical BFT models. Solving such a result entails a strong form of correctness while modeling the real world (i.e., internet latency), — and thereby creating a master of time.

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Nicholas Sismil

Director of Research

Previously: Listings Research Lead at Binance.US 
BA in Philosophy from UC Berkeley

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