Coinbase is building a new Layer 2 on Ethereum called Base. It's a it's a chain in the OP (Optimism) stack so the same mechanics apply here, aka it's copy of the existing Optimism Layer 2. Wouldn't be surprised if we saw more of these OP Stack Layer 2 chains over the next 2-3 years. Their post announcing the chain and detailing the vision and theory behind it is a good read, as are the few posts so far on the Base Mirror blog: Decentralizing Base with the OP Stack and Opti...

Coinbase is building a new Layer 2 on Ethereum called Base. It's a it's a chain in the OP (Optimism) stack so the same mechanics apply here, aka it's copy of the existing Optimism Layer 2. Wouldn't be surprised if we saw more of these OP Stack Layer 2 chains over the next 2-3 years. Their post announcing the chain and detailing the vision and theory behind it is a good read, as are the few posts so far on the Base Mirror blog: Decentralizing Base with the OP Stack and Opti...

With the launch of Orbit Arbitrum has officially started the Layer3 era for the Ethereum ecosystem.Expect a couple of big projects to announce a layer3 blockchain soon. My guess is one has got a strong simian vibe. Steven Goldfeder and Harry Kalodner from Offchain Labs gave a great explanation of the thesis behind Orbit and, of course, the token airdrop on a recent Empire podcast episode. It's well worth digging into the launch announcement Arbitrim blog post as it goes over their thesis...

With the launch of Orbit Arbitrum has officially started the Layer3 era for the Ethereum ecosystem.Expect a couple of big projects to announce a layer3 blockchain soon. My guess is one has got a strong simian vibe. Steven Goldfeder and Harry Kalodner from Offchain Labs gave a great explanation of the thesis behind Orbit and, of course, the token airdrop on a recent Empire podcast episode. It's well worth digging into the launch announcement Arbitrim blog post as it goes over their thesis...

Looping in Decentralised FinanceThe looping strategy in DeFi is a process of supplying an asset and borrowing against that same asset continuously to earn a higher yield. This is because some DeFi platforms reward users for both lending and borrowing with their native tokens or other incentives. By looping, users can increase their exposure to these rewards and earn a positive net APY. However, looping also involves risks such as liquidation, impermanent loss, and smart contract failures. To ...

Looping in Decentralised FinanceThe looping strategy in DeFi is a process of supplying an asset and borrowing against that same asset continuously to earn a higher yield. This is because some DeFi platforms reward users for both lending and borrowing with their native tokens or other incentives. By looping, users can increase their exposure to these rewards and earn a positive net APY. However, looping also involves risks such as liquidation, impermanent loss, and smart contract failures. To ...

In the push for simplified logins (read: Username & Password) for easier user onboarding in web3 / cryptocurrency products I wonder if people really understand what they're in for?Example of web2 logins for web3: Immutable PassportCrypto wallet sign ins are more complex than usernames and passwords. Especially considering a lot of people autofill their credentials (sometimes with a password manager). Setting up crypto wallets is a more involved process than most web2 sign up processes (t...

In the push for simplified logins (read: Username & Password) for easier user onboarding in web3 / cryptocurrency products I wonder if people really understand what they're in for?Example of web2 logins for web3: Immutable PassportCrypto wallet sign ins are more complex than usernames and passwords. Especially considering a lot of people autofill their credentials (sometimes with a password manager). Setting up crypto wallets is a more involved process than most web2 sign up processes (t...

Frakt are a new Solana NFTfi (NFT finance) protocol on Solana. But they're not "new" perse. They've been around for quite a while, but as a collection of NFT projects. This new platform is those projects evolving to become a new type of protocol. It's very interesting and quite impressive what they've been able to accomplish so far.What is Frakt?From https://docs.frakt.xyz/frakt/ FRAKT is the first decentralized NFT liquidity protocol on Solana offering both peer-to-pool a...

Frakt are a new Solana NFTfi (NFT finance) protocol on Solana. But they're not "new" perse. They've been around for quite a while, but as a collection of NFT projects. This new platform is those projects evolving to become a new type of protocol. It's very interesting and quite impressive what they've been able to accomplish so far.What is Frakt?From https://docs.frakt.xyz/frakt/ FRAKT is the first decentralized NFT liquidity protocol on Solana offering both peer-to-pool a...

Coinbase wants in on the defi stablecoin gameIn light of the recent banking crisis, Coinbase said it is now “more important than ever” to build an inflation-tracking stablecoin that negates economic uncertainty caused by the legacy financial system Of course Coinbase already owns 50% of Circle, the issuer of fiat back stablecoin USDC, so it has some considerable skin in the stablecoin game. But USDC recently de-pegged when it's reliance on only a few banking partners was exposed as incre...

Coinbase wants in on the defi stablecoin gameIn light of the recent banking crisis, Coinbase said it is now “more important than ever” to build an inflation-tracking stablecoin that negates economic uncertainty caused by the legacy financial system Of course Coinbase already owns 50% of Circle, the issuer of fiat back stablecoin USDC, so it has some considerable skin in the stablecoin game. But USDC recently de-pegged when it's reliance on only a few banking partners was exposed as incre...

Recently I started staking BitTorrent ($BTT). It may not cross the radar of many crypto and defi users in the western world but it's a big deal outside of that sphere and it's probably something you should have one eye on as goes the future of crypto.What is the BitTorrent Network?BitTorrent blockchain is a decentralized file sharing protocol that uses BitTorrent Token (BTT) as a utility token to power features of various applications. $BTT is a TRC-20 token based on the TRON blockc...

Recently I started staking BitTorrent ($BTT). It may not cross the radar of many crypto and defi users in the western world but it's a big deal outside of that sphere and it's probably something you should have one eye on as goes the future of crypto.What is the BitTorrent Network?BitTorrent blockchain is a decentralized file sharing protocol that uses BitTorrent Token (BTT) as a utility token to power features of various applications. $BTT is a TRC-20 token based on the TRON blockc...

Netflix series, the Toys That Made Us, is a look into what is behind success of popular toys from our childhood. But it not-too-subtly shows what success is really made of: Confusing contradictions. It's an interesting and well made look at the behind the scenes stories of popular toys. However it's also, intentionally I think, a parody of popular business and entrepreneur media that seeks to explain the "secrets of company/product X's success" with each book, blog or video bei...

Netflix series, the Toys That Made Us, is a look into what is behind success of popular toys from our childhood. But it not-too-subtly shows what success is really made of: Confusing contradictions. It's an interesting and well made look at the behind the scenes stories of popular toys. However it's also, intentionally I think, a parody of popular business and entrepreneur media that seeks to explain the "secrets of company/product X's success" with each book, blog or video bei...

I wrote this post back when I worked as a data analyst and then product owner at a small start up called Nuonic.Who is Nuonic?https://nuonic.com.au/ Nuonic is an analytics start-up that is part of the InLoop group of companies, which also includes Lantern Pay and Flexischools. Nuonic was started as an internal analytics service for group, to generate new value from the data sets being captured through those transactional businesses. Nuonic has since also developed an innovative solution to he...

I wrote this post back when I worked as a data analyst and then product owner at a small start up called Nuonic.Who is Nuonic?https://nuonic.com.au/ Nuonic is an analytics start-up that is part of the InLoop group of companies, which also includes Lantern Pay and Flexischools. Nuonic was started as an internal analytics service for group, to generate new value from the data sets being captured through those transactional businesses. Nuonic has since also developed an innovative solution to he...

Original picture commissioned from divyachaudhry12Let me start out by saying: I know am lucky compared to most who have had to deal with identity theft. The people who stole my identity were unsuccessful in using what they stole to seriously impact me. Many other people have had much worse outcomes happen to them because of much more successful or prolonged identity fraud. Even though I was one of the lucky ones, it still kicked off a long process of trying to claim back my identity. This pro...

Original picture commissioned from divyachaudhry12Let me start out by saying: I know am lucky compared to most who have had to deal with identity theft. The people who stole my identity were unsuccessful in using what they stole to seriously impact me. Many other people have had much worse outcomes happen to them because of much more successful or prolonged identity fraud. Even though I was one of the lucky ones, it still kicked off a long process of trying to claim back my identity. This pro...

This article is about some analysis work I did back when I worked at Halfbrick Studios. I originally presented this at an IAPA meeting in Brisbane in 2016. Halfbrick is a global games development company which was first established in 2001. Based in Brisbane, Halfbrick has developed and released various successful games on multiple platforms.Whilst I was at Halfbrick one of my roles was working as a data analyst on Fruit Ninja. This game is now pretty much a cultural icon and has more than 1 ...

This article is about some analysis work I did back when I worked at Halfbrick Studios. I originally presented this at an IAPA meeting in Brisbane in 2016. Halfbrick is a global games development company which was first established in 2001. Based in Brisbane, Halfbrick has developed and released various successful games on multiple platforms.Whilst I was at Halfbrick one of my roles was working as a data analyst on Fruit Ninja. This game is now pretty much a cultural icon and has more than 1 ...

Mars is a novel interchain credit protocol primitive facilitating non-custodial borrowing and lending for the #Cosmos ecosystem and beyond. Its hub and outpost architecture allows Mars to operate on any chain in the Cosmoverse, and enables a new primitive: the Rover. Rovers could give their pilots #DeFi superpowers to engage in virtually every governance-approved activity they might encounter on a centralized exchange: spot trading, margin trading, #lending and #borrowing — all in a single de...

Mars is a novel interchain credit protocol primitive facilitating non-custodial borrowing and lending for the #Cosmos ecosystem and beyond. Its hub and outpost architecture allows Mars to operate on any chain in the Cosmoverse, and enables a new primitive: the Rover. Rovers could give their pilots #DeFi superpowers to engage in virtually every governance-approved activity they might encounter on a centralized exchange: spot trading, margin trading, #lending and #borrowing — all in a single de...