this post was submitted on 22 Feb 2024
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As far as I understand, Stable Cascade is a pretty large architecture change from the existing Stable Diffusion models. Sable Diffusion 3 will likely be an interitive improvement with similar architecture over the existing Stage Diffusion models. The blog post for Stable Cascade does a better job explaining the difference than the Stable Diffusion 3 blog post does. Here's a god quote from that post:
Hope this helps!