Real Block

Oct 27

Building Blocks for DEX Router Construction & Analysis

by Alex Carreira & Prabhaav BhardwajOverviewExchanging one asset for another is a foundational concept of financial markets. In cryptocurrency markets, this commonly occurs where tokens or currencies are swapped or traded for others. Uniswap is an automated liquidity protocol that facilitates this type of swapping. It uses pairs or pools (henceforth pairs), pooled reserves of two assets[1], to allow a user to swap one asset for another.Figure 1.0: A Uniswap pool of tokens A and B along with e...

Real Block

May 23

Decentralized Society: Finding Web3’s Soul1

E. Glen Weyl,2 Puja Ohlhaver,3 Vitalik Buterin 4 May 2022 "The Dao is the hearth and home of the ten thousand things. Good souls treasure it, lost souls find shelter in it.” — Laozi, #62 Abstract Web3 today centers around expressing transferable, financialized assets, rather than encoding social relationships of trust. Yet many core economic activities—such as uncollateralized lending and building personal brands—are built on persistent, non-transferable relationships. In this paper, we illust...

Real Block

Oct 23

Modeling Bitcoin Value with Scarcity | Medium

https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25IntroductionSatoshi Nakamoto published the bitcoin white paper 31/Oct 2008 [1], created the bitcoin genesis block 03/Jan 2009, and released the bitcoin code 08/Jan 2009. So begins a journey that leads to a $70bn bitcoin (BTC) market today. Bitcoin is the first scarce digital object the world has ever seen. It is scarce like silver & gold, and can be sent over the internet, radio, satellite etc."As a thought e...