The Desert Industrial Initiative (DII), comprising the world's 30 largest energy companies, has partnered with the Kaspa Industrial Initiative (KII) to develop Warp Core, a middleware solution that bridges traditional banking transactions with Kaspa's Layer 1 BlockDAG, enabling ISO 2022 compliant transactions to settle within seconds while maintaining the existing front-end banking infrastructure.
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The Biggest News In KASPA That No One Is Talking About!Ajouté :
[music] [music] >> What's going on guys? Today we're going to talk about what I think and consider the biggest news in Kaspa right now as we speak that nobody else is talking about. And that is that the DII is monitoring the developments in Kaspa and KII, okay? Now this derived from a post from I think CounterPunch. They responded to it and then Nick Rock 007 on X says, "Will the DII/KII launch after the Takada hard fork? The DII will be a big reason I the DII was a big reason I got involved in Kaspa in the first place. I know it could take years to fully develop, but is Warp Core/Gigawatt running on Kaspa rail still in consideration? This would be revolutionary. I believe Kaspa is the future of crypto. And the the the DII actually responded and said they are monitoring the developments in Kaspa and the KII. And for those of you who don't know who the DII is, I talk about these guys ad nauseam that in the Kaspa KII.
The DII is the Desert Industrial Initiative and they are basically the 30 biggest energy companies in the world that all transact with each other and with banks, I believe. And the amount of transactions that they do are pretty substantial, okay? Now they're also very respected, right? And well-known in the, you know, sphere of the world, not just one single country, but the world, okay? Now the KII was derived from the DII. Rory and Paul Van Son, I believe, are the potentially the two heading of the KII, which is the Kaspa Industrial Initiative. And they are creating multiple different projects, right? And they set out to find a blockchain, I think roughly 10 years ago. They tried Bitcoin, they tried Ethereum, and I believe they tried a couple others as well. They just were not scalable enough for what they're trying to do. And so, it wasn't until late 2021 or early 2022 when they found Kaspa, they researched Kaspa, and they realized that this is probably the project that is going to be able to handle the the load of what they're going to want to do, transaction-wise and scalability-wise, okay? And so, for a few years now, they've been behind the scenes getting everything ready. Now, what they've done is created, like I said, multiple projects that are going to be built on top of Kaspa. But, in my opinion, the main and the biggest one is going to be Warp Core, which is a middle The easiest way to look at it is it's a it's a it's a middleman in between the banking transaction that these companies already do and finalizing these transactions on the Kaspa blockchain, BlockDAG, okay?
And what happens is these big energy companies and these banks make their payments as they always do, okay?
There's no difference. They're still basically in Web 2, um you know, making their payments. So, nothing changes on the back end for them. Or the or the front end for them.
What changes is during the transaction from the front end, where they're paying and making their transactions, to the back end, there's a middle ground called Warp Core. And what Warp Core does is in a split second flips the payment, makes it ISO 2022 compliant, which is basically what needs to happen in order for it to be legal, right? As far as banking and transactions go. And then moves the transaction onto the Kaspa block dag and settles it on the layer one within seconds, okay? So it goes from the banks, they pay, they facilitate their transactions as normal.
Their front end does not change at all, which is huge because most people don't want to change from something they've been used to for years and years and years and years. So their setup is exactly the same. And what WarpCore does is it takes those transactions after they've been transacted on the front end and just flips them, legalizes them, and flips them onto the blockchain onto Kaspa's layer one, makes the final transaction within split seconds. Sorry, my cat just fell off the desk next to me, that's what that noise was. And therefore, the transaction finalizes on Kaspa's block dag and the fee is paid and the miners get paid, okay? The benefit to this for everybody is that it's faster, it's instant, and they can do a lot more transactions in a very small amount of time like they can't do otherwise, okay? So all of this benefits them and from everything that I've heard so far is that the testing uh sandbox that they're in right now is going extremely well, it's exceeding expectations. And sometime this summer into the end of this year, I think, WarpCore is probably going to launch and we're going to see live transactions settling on the L1 natively and hopefully of these transactions and therefore, you know, keeping the miners happy, taking care of a chunk of that fee structure um that adoption needs to take care of before the mining rewards get smaller and smaller and smaller and potential miners dropping off and then security drops off, okay? So what needs to happen is adoption, what needs to happen is uh a lot more transactions on a daily basis and Rory himself has already said publicly that the amount of transactions they're going to do via Warp Core and you know, a mixture of all these other projects that they're going to launch too, one at a time might I add, starting this summer, that we're not going to have to worry about the fee structure.
We're not going to have to worry about adoption. We're not going to have to worry about transaction load to keep the miners happy. And so, I'm extremely excited about this and the DII is is now monitoring the developments in Kaspa and KII. And I don't know that there is bigger news out there right now, right?
This was like 4 days ago that this was, you know, posted on X and these are the 30 biggest energy companies in the world, massive institution, you know, dealing with banks, dealing with themselves, dealing with a lot of other people transaction-wise on a regular basis, monitoring Kaspa and the KII. You are not bullish enough. In the meantime, guys, continue to pack your damn bags before it's too late. I'll see you in the next video. Peace out.
>> Hey. Hey.
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