or How to make things a little slower. Recently been reading about randomness in ethereum and blockchains generally. Randomness on blockchains doesn’t exist in ideal form and is hard to find. The use of randomness has various applications like raffles, lotteries, or perhaps an auction model where the initial minimum bid is randomly chosen from a list. On a protocol level, the protocol can also use this randomness to achieve privacy or select a random block producer in the case of proof of sta...

or How to make things a little slower. Recently been reading about randomness in ethereum and blockchains generally. Randomness on blockchains doesn’t exist in ideal form and is hard to find. The use of randomness has various applications like raffles, lotteries, or perhaps an auction model where the initial minimum bid is randomly chosen from a list. On a protocol level, the protocol can also use this randomness to achieve privacy or select a random block producer in the case of proof of sta...

I think that having an open list of problems is a good reminder of progress for a field, nascent or old, research problems or practical ones. These also provide a benchmark to look towards and glance upon to take stock of the progress it has done over the years. While there is no doubt that yield stacking is impressive and that we can create extensive levels of leverage by stacking things on top of one another. The stick of measure will be solving problems that either extend the ethos of dece...

I think that having an open list of problems is a good reminder of progress for a field, nascent or old, research problems or practical ones. These also provide a benchmark to look towards and glance upon to take stock of the progress it has done over the years. While there is no doubt that yield stacking is impressive and that we can create extensive levels of leverage by stacking things on top of one another. The stick of measure will be solving problems that either extend the ethos of dece...

Decentralized Exchanges (Dex), which provide a way for market participants to trade pairs of on-chain assets, have this additional feature of acting as an oracle for measuring the relative price for this pair of assets, and because of this can be thought of as Decentralized oracles. Decentralized oracles are smart contracts that rely on users voting on particular prediction market outcomes. A final outcome is chosen via a social choice function, similar to how majority or weighted majority vo...

Decentralized Exchanges (Dex), which provide a way for market participants to trade pairs of on-chain assets, have this additional feature of acting as an oracle for measuring the relative price for this pair of assets, and because of this can be thought of as Decentralized oracles. Decentralized oracles are smart contracts that rely on users voting on particular prediction market outcomes. A final outcome is chosen via a social choice function, similar to how majority or weighted majority vo...

If you think about it we’ve come a long way since defi summer of 2020, almost had an entire cycle at this point, onboarded a variety of users and through NFTs even are reaching the broader culture base of humanity. We are now experiencing a new wave of defi innovation and experiments within NFTs, trying to scale and adjust our products and tools to onboard users to the future of finance and the metaverse. The other day, A friend of mine was just talking about inflation and how the best banks ...

If you think about it we’ve come a long way since defi summer of 2020, almost had an entire cycle at this point, onboarded a variety of users and through NFTs even are reaching the broader culture base of humanity. We are now experiencing a new wave of defi innovation and experiments within NFTs, trying to scale and adjust our products and tools to onboard users to the future of finance and the metaverse. The other day, A friend of mine was just talking about inflation and how the best banks ...

Writing down some notes of what I’ve seen in the market for the last two years. I’m not quite sure where the market is going, it looks pretty fatigued. When I came back to trading/investing in crypto in summer 2020, I was under the assumption that this cycle would probably end around us topping at 5 trillion dollars. This article is perhaps just a recollection and retrospection with some learnings of what I saw since then with some Dota analogies (bear with me through those). Note: Someone to...

Writing down some notes of what I’ve seen in the market for the last two years. I’m not quite sure where the market is going, it looks pretty fatigued. When I came back to trading/investing in crypto in summer 2020, I was under the assumption that this cycle would probably end around us topping at 5 trillion dollars. This article is perhaps just a recollection and retrospection with some learnings of what I saw since then with some Dota analogies (bear with me through those). Note: Someone to...

https://twitter.com/anon75374998/status/1485837498534154242?s=20 (3,3) is a meme that has taken crypto by storm, and while we might not be in the (3,3) phase of the project anymore, here is a look towards the future. This article is a “the cup is half-full” look at Olympus, instead of the other side of the coin that seems to be popular. I only think of ohm as far as the decentralized reserve currency experiment is concerned any pivot from this idea moots the arguments that I’ve made in this e...

https://twitter.com/anon75374998/status/1485837498534154242?s=20 (3,3) is a meme that has taken crypto by storm, and while we might not be in the (3,3) phase of the project anymore, here is a look towards the future. This article is a “the cup is half-full” look at Olympus, instead of the other side of the coin that seems to be popular. I only think of ohm as far as the decentralized reserve currency experiment is concerned any pivot from this idea moots the arguments that I’ve made in this e...