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The error is:
‘2024.08.12T08:04:56.974 couldn’t connect to license daemon — exiting
This means the licence you have is an online-license which needs to contact a licencing server on initialisation to verify it is valid.
The network is either not available or there are firewall rules preventing this verification to be made.
More details here: https://code.kx.com/q/learn/licensing/#licensing-server-for-kdb-on-demand