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Jacob IsenbergA Negative FED: The Domino of the TradFi Crisis - Florence Finance - Medium
Find out about the ideal bridge that could hold the key to a new financial future With the central pillar of TradFi now operating at a financial loss, there are significant implications on what the future holds for the entire realm of finance. Yet there are likely several semi-interdependent paths, which could occur and we will logically dissect the strengths and weaknesses, of these various outcomes. For reference, we’ll build off of some information discussed in Lyn Alden’s recent piece on ...
Jacob IsenbergReal World Asset Lending: The Next Big Trend in Crypto?
Find out how this $150 million investment in Real World Asset Lending is supporting our vision at Florence Finance Our friends over at MakerDAO have put their money where their mouth is, and together with Centrifuge, have made one of the most significant on-chain investments ($150m) into real-world assets to date. Not only does this show how seriously they are taking their real world assets (RWA) initiative, but it also displays some vital insight as to where the market is headed. We at Flore...
Jacob IsenbergLearn with Autonio: The Essentials of DeFi — Hive
621780d85f519840bf559689\_b73b71ba-p-1080.jpegIn the world of fiat currency there is an obscure yet firmly established hierarchy that controls the creation, circulation, and management of all matters in the financial domain. For ordinary consumers, the main way that we interact with this incomprehensible system is with banks, which have been thought of as the trusted intermediaries for millennia, and will gladly take our funds in exchange for a bank slip that supposedly ensures our money is s...
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Jacob IsenbergA Negative FED: The Domino of the TradFi Crisis - Florence Finance - Medium
Find out about the ideal bridge that could hold the key to a new financial future With the central pillar of TradFi now operating at a financial loss, there are significant implications on what the future holds for the entire realm of finance. Yet there are likely several semi-interdependent paths, which could occur and we will logically dissect the strengths and weaknesses, of these various outcomes. For reference, we’ll build off of some information discussed in Lyn Alden’s recent piece on ...
Jacob IsenbergReal World Asset Lending: The Next Big Trend in Crypto?
Find out how this $150 million investment in Real World Asset Lending is supporting our vision at Florence Finance Our friends over at MakerDAO have put their money where their mouth is, and together with Centrifuge, have made one of the most significant on-chain investments ($150m) into real-world assets to date. Not only does this show how seriously they are taking their real world assets (RWA) initiative, but it also displays some vital insight as to where the market is headed. We at Flore...
Jacob IsenbergLearn with Autonio: The Essentials of DeFi — Hive
621780d85f519840bf559689\_b73b71ba-p-1080.jpegIn the world of fiat currency there is an obscure yet firmly established hierarchy that controls the creation, circulation, and management of all matters in the financial domain. For ordinary consumers, the main way that we interact with this incomprehensible system is with banks, which have been thought of as the trusted intermediaries for millennia, and will gladly take our funds in exchange for a bank slip that supposedly ensures our money is s...
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“When you come to a fork in the road, take it.”- Yogi Berra (Hall of Fame New York Yankees Catcher)
A hard fork such as the one Ethereum’s London Upgrade is scheduled to undergo on August 4th means that there’s no going back. Unlike soft forks, which allow backwards compatibility, hard forks require all validators in a network to upgrade to the new underlying protocol in order to be operable.
Within the London Hard Fork there are five Ethereum Improvement Proposals (EIP) that are designed to keep Ethereum on a smooth path as it moves towards Serenity (Ethereum 2.0). EIP-1559 however has been the ‘talk of the town’ as it aims to address two of Ethereum’s plaguing issues; high gas fees and slow transaction times.
Its propositions to solve these problems consist of a base fee that will be added to each transaction and a new burn feature, which should reduce the quantity of ETH in circulation. These two collaborative mechanisms also promise to promote a deflationary aspect on the currency and a ‘block elasticity’ which would address short-term scaling needs.
The additional four EIP’s offer their own complementary improvements including user experience updates on smart contracts, gas refund evaluations, a framework for future network evolution, and a ‘difficulty bomb’ diffusion enabling developers more time to transition over to Ethereum 2.0.
Putting it into Perspective
With Ethereum 1.0 upgrade ‘Altair’ planned for October ‘21 and Ethereum 2.0 poised to launch in the beginning of 2022, the London Upgrade should serve as an important development to keep momentum rolling for the blockchain. It’s not full of ‘be-all, end-all’ solutions, however its support in assisting a functional transition to Ethereum 2.0 should not be slighted.
“When you come to a fork in the road, take it.”- Yogi Berra (Hall of Fame New York Yankees Catcher)
A hard fork such as the one Ethereum’s London Upgrade is scheduled to undergo on August 4th means that there’s no going back. Unlike soft forks, which allow backwards compatibility, hard forks require all validators in a network to upgrade to the new underlying protocol in order to be operable.
Within the London Hard Fork there are five Ethereum Improvement Proposals (EIP) that are designed to keep Ethereum on a smooth path as it moves towards Serenity (Ethereum 2.0). EIP-1559 however has been the ‘talk of the town’ as it aims to address two of Ethereum’s plaguing issues; high gas fees and slow transaction times.
Its propositions to solve these problems consist of a base fee that will be added to each transaction and a new burn feature, which should reduce the quantity of ETH in circulation. These two collaborative mechanisms also promise to promote a deflationary aspect on the currency and a ‘block elasticity’ which would address short-term scaling needs.
The additional four EIP’s offer their own complementary improvements including user experience updates on smart contracts, gas refund evaluations, a framework for future network evolution, and a ‘difficulty bomb’ diffusion enabling developers more time to transition over to Ethereum 2.0.
Putting it into Perspective
With Ethereum 1.0 upgrade ‘Altair’ planned for October ‘21 and Ethereum 2.0 poised to launch in the beginning of 2022, the London Upgrade should serve as an important development to keep momentum rolling for the blockchain. It’s not full of ‘be-all, end-all’ solutions, however its support in assisting a functional transition to Ethereum 2.0 should not be slighted.
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