Brought to you by @0xfanTLDR:The merge will switch Ethereum’s consensus layer from an energy-wasting POW chain model, into a POS model utilizing a hybrid consensus mechanism - LMD-GHOST and Casper FFG, providing safety and liveness simultaneously without introducing additional synchrony assumptions.After the merge, there will be a tiny improvement in TPS, however, transaction fees will not change significantly for the foreseeable future. The only way to scale for Ethereum still depends on the...

Brought to you by @0xfanTLDR:The merge will switch Ethereum’s consensus layer from an energy-wasting POW chain model, into a POS model utilizing a hybrid consensus mechanism - LMD-GHOST and Casper FFG, providing safety and liveness simultaneously without introducing additional synchrony assumptions.After the merge, there will be a tiny improvement in TPS, however, transaction fees will not change significantly for the foreseeable future. The only way to scale for Ethereum still depends on the...

The most valuable lesson we learned from our venture journey of crypto is to constantly re-evaluate situations: where we are and how we are positioned. That’s why we write newsletters to our investor and friends every quarter to identify the trends that are below the surface of market events and price actions. Below are some Top Takeaways from Smrti’s 2Q2022 Newsletters:The topic of Smrti’s 2Q2022 newsletter is a quote from Winston Churchill: Never let a good crisis go to waste. This newslett...

The most valuable lesson we learned from our venture journey of crypto is to constantly re-evaluate situations: where we are and how we are positioned. That’s why we write newsletters to our investor and friends every quarter to identify the trends that are below the surface of market events and price actions. Below are some Top Takeaways from Smrti’s 2Q2022 Newsletters:The topic of Smrti’s 2Q2022 newsletter is a quote from Winston Churchill: Never let a good crisis go to waste. This newslett...

By Yijia at Curio Research and 0x992 at Smrti Lab. Also posted here. There has been a lot of excitement as well as skepticism over on-chain games. Such a level of attention is almost always beneficial. Similar to how Axie was born from the depth of the bear market following CryptoKitties fame in 2017, we could see on-chain games rise to unforeseen heights in the next bull market. Here I wish to examine 5 key paradigms of on-chain games and how each could be over/underrated. Many experiments w...

By Yijia at Curio Research and 0x992 at Smrti Lab. Also posted here. There has been a lot of excitement as well as skepticism over on-chain games. Such a level of attention is almost always beneficial. Similar to how Axie was born from the depth of the bear market following CryptoKitties fame in 2017, we could see on-chain games rise to unforeseen heights in the next bull market. Here I wish to examine 5 key paradigms of on-chain games and how each could be over/underrated. Many experiments w...

By @bitbear Bear Market Rally or Return to Fundamental?Figure 1. BTC, ETH and S&P500 Performances (1Y)Bear market rallies are not strange to crypto investors. There were five retests of the 6000 resistance level during the 2018 bear market, each followed by rallies that were increasingly weaker, which ultimately led to a final leg down to 3000 in November 2018. Similarly, we saw a relief rally in this third quarter of 2022, not just in crypto, but across all risk asset classes. The correlatio...

By @bitbear Bear Market Rally or Return to Fundamental?Figure 1. BTC, ETH and S&P500 Performances (1Y)Bear market rallies are not strange to crypto investors. There were five retests of the 6000 resistance level during the 2018 bear market, each followed by rallies that were increasingly weaker, which ultimately led to a final leg down to 3000 in November 2018. Similarly, we saw a relief rally in this third quarter of 2022, not just in crypto, but across all risk asset classes. The correlatio...

by @0x992 This past quarter, we launched two new “Long Only” strategies and have grown our assets under management to $145 Million. Below is an excerpt from our 3Q2022 Quarterly Letter. Asset Allocation in Crypto for the Next Decade The single most important factor that might have a greater impact on an investment portfolio than any individual investment, is the decision of which types of investments to pursue, and how much to invest in each type. A disciplined approach that considers long-te...

by @0x992 This past quarter, we launched two new “Long Only” strategies and have grown our assets under management to $145 Million. Below is an excerpt from our 3Q2022 Quarterly Letter. Asset Allocation in Crypto for the Next Decade The single most important factor that might have a greater impact on an investment portfolio than any individual investment, is the decision of which types of investments to pursue, and how much to invest in each type. A disciplined approach that considers long-te...

Smrti means mindfulness in Sanskrit. Mindfulness is the basic human ability to be fully present, aware of where we are and what we’re doing, and not overly reactive or overwhelmed by what’s going on around us. It's a principle that we will always bear in mind when exploring in the crypto world.We are a Web 3 Buidler/Tester/ Player Studio founded by a group of Regens (aka. non-degenerate degens).🧚🏻 What is Regen?Degen is usually used to describe risk taking gambling behavior in poker ga...

Smrti means mindfulness in Sanskrit. Mindfulness is the basic human ability to be fully present, aware of where we are and what we’re doing, and not overly reactive or overwhelmed by what’s going on around us. It's a principle that we will always bear in mind when exploring in the crypto world.We are a Web 3 Buidler/Tester/ Player Studio founded by a group of Regens (aka. non-degenerate degens).🧚🏻 What is Regen?Degen is usually used to describe risk taking gambling behavior in poker ga...