Originally published on the Ethereum Magicians forum, 01/09/2023. By Kevin Liu, Metis Co-Founder and ZKM 3 CEO In the evolving landscape of blockchain technology, the concept of decentralization has emerged as a guiding principle, especially for Ethereum, where decentralization is the key differential factor and advantage compared with other blockchain ecosystems. However, the problem remains the same now as it did going back to Ethereum’s first baby steps: How do we get there? As in this pos...

Originally published on the Ethereum Magicians forum, 01/09/2023. By Kevin Liu, Metis Co-Founder and ZKM 3 CEO In the evolving landscape of blockchain technology, the concept of decentralization has emerged as a guiding principle, especially for Ethereum, where decentralization is the key differential factor and advantage compared with other blockchain ecosystems. However, the problem remains the same now as it did going back to Ethereum’s first baby steps: How do we get there? As in this pos...

Contributed by Jeffrey Wernick and Kevin Liu Originally published on Hackernoon, 02/12/2019. Last week I shared my article about Token Economics (here is the linkage) to Jeffrey Wernick (Yes, that Jeffrey, early investor and die-hard believer of Bitcoin, also early investor of Uber and Airbnb), and he replied to say he had many comments, so we had a call, literally just now. It seems that Jeffrey isn’t quite happy with the word “winter” that I described for the crypto and blockchain industry,...

Contributed by Jeffrey Wernick and Kevin Liu Originally published on Hackernoon, 02/12/2019. Last week I shared my article about Token Economics (here is the linkage) to Jeffrey Wernick (Yes, that Jeffrey, early investor and die-hard believer of Bitcoin, also early investor of Uber and Airbnb), and he replied to say he had many comments, so we had a call, literally just now. It seems that Jeffrey isn’t quite happy with the word “winter” that I described for the crypto and blockchain industry,...

Originally published on Kohi, 09/2022.On the need to enable web3-based businessTo anyone reading this right now, it probably goes without saying that an ethos of horizontalism and the breaking down of certain traditional hierarchies are popular philosophical cornerstones that have informed web3 technologists and users to date. Developers and regular consumers alike have been given good evidence time and again to distrust highly centralized actors who have unchecked authority over their data, ...

Originally published on Kohi, 09/2022.On the need to enable web3-based businessTo anyone reading this right now, it probably goes without saying that an ethos of horizontalism and the breaking down of certain traditional hierarchies are popular philosophical cornerstones that have informed web3 technologists and users to date. Developers and regular consumers alike have been given good evidence time and again to distrust highly centralized actors who have unchecked authority over their data, ...

Originally published on Hackernoon, 06/27/2020. High APY won’t last long, Defi + upgraded DAO is the true futureThe farming maniaHave you enjoyed the yield farming in the last couple of days? The price of COMP has jumped from $30 to $340 in just a week. And by supplying token assets on Compound, the lenders(of some tokens) could earn 20%+ APY (not counting the incentives COMP yet). On Saturday, June 20, Compound has overtaken MakerDAO to become the largest decentralized finance protocol by to...

Originally published on Hackernoon, 06/27/2020. High APY won’t last long, Defi + upgraded DAO is the true futureThe farming maniaHave you enjoyed the yield farming in the last couple of days? The price of COMP has jumped from $30 to $340 in just a week. And by supplying token assets on Compound, the lenders(of some tokens) could earn 20%+ APY (not counting the incentives COMP yet). On Saturday, June 20, Compound has overtaken MakerDAO to become the largest decentralized finance protocol by to...

Originally published on Hackernoon, 01/16/2020Well, if you remember, two years ago, blockchain was so hot a trending, a disruptive technology that seemed to be able to solve all the problems the world has.Still, just in two years, the blockchain fever has changed to “blockchain fatigue” as described by a report from Gartner[1], with the example that pilots have fizzled out, few implementations have gone into production, the report says that blockchain is likely to be a marginal technology. In...

Originally published on Hackernoon, 01/16/2020Well, if you remember, two years ago, blockchain was so hot a trending, a disruptive technology that seemed to be able to solve all the problems the world has.Still, just in two years, the blockchain fever has changed to “blockchain fatigue” as described by a report from Gartner[1], with the example that pilots have fizzled out, few implementations have gone into production, the report says that blockchain is likely to be a marginal technology. In...

Originally published on Hackernoon, 01/22/2020.While regarding how to form a DAC, people are too optimistic or ideal. It seems DAC will start from scratch by itself when connecting people (it's definitely not, remember the Guild that the Mandalorian has joined, it is a typical DAC, you can see how complicated it is), no clear path was given or discussed so far. DAC would be the mainstream value creation entity in the Value Internet Era.In my last article, I talked about why the new DAC s...

Originally published on Hackernoon, 01/22/2020.While regarding how to form a DAC, people are too optimistic or ideal. It seems DAC will start from scratch by itself when connecting people (it's definitely not, remember the Guild that the Mandalorian has joined, it is a typical DAC, you can see how complicated it is), no clear path was given or discussed so far. DAC would be the mainstream value creation entity in the Value Internet Era.In my last article, I talked about why the new DAC s...

Originally published on Hackernoon, 02/06/2019. This is the first one in a series of articles focusing on Token Economics research, mechanism design, use case studies and more, developed by a group of professionals from different background in financial, consulting, ventures, funds, blockchain projects, and public blockchain. Following the spirit of Santa Fe Institute, who was established in the late 1980s, and had leveraged people from the multi-discipline background to develop a new discipl...

Originally published on Hackernoon, 02/06/2019. This is the first one in a series of articles focusing on Token Economics research, mechanism design, use case studies and more, developed by a group of professionals from different background in financial, consulting, ventures, funds, blockchain projects, and public blockchain. Following the spirit of Santa Fe Institute, who was established in the late 1980s, and had leveraged people from the multi-discipline background to develop a new discipl...

Originally published on Hackernoon, 04/24/2020. Once upon a time, the emerging of the blockchain seemed to initiate a parallel new era, a utopia of the Value Internet. However, now the tide has receded, Bitcoin and Ethereum, as the flagships of the blockchain, are still struggling to get out of the dark tunnel, and the difficulty of landing various blockchain applications still has not been resolved. Is it because of the immature infrastructure of the blockchain? Or was it led in the wrong di...

Originally published on Hackernoon, 04/24/2020. Once upon a time, the emerging of the blockchain seemed to initiate a parallel new era, a utopia of the Value Internet. However, now the tide has receded, Bitcoin and Ethereum, as the flagships of the blockchain, are still struggling to get out of the dark tunnel, and the difficulty of landing various blockchain applications still has not been resolved. Is it because of the immature infrastructure of the blockchain? Or was it led in the wrong di...

Originally published on Hackernoon, 06/24/2020 Although human kicked off a quite challenging start of the year 2020, for most governance protocols of DAOs, they have made pretty great progress and gained a lot of attractions alongside DeFi. It was reported Tim Draper, the billionaire VC who has previously backed Tesla, SpaceX, Coinbase, and Baidu, has bought $1 million valued Aragon network's ANT token on Feb of this year. And Moloch just launched its v2 and introduced LAO with pure mone...

Originally published on Hackernoon, 06/24/2020 Although human kicked off a quite challenging start of the year 2020, for most governance protocols of DAOs, they have made pretty great progress and gained a lot of attractions alongside DeFi. It was reported Tim Draper, the billionaire VC who has previously backed Tesla, SpaceX, Coinbase, and Baidu, has bought $1 million valued Aragon network's ANT token on Feb of this year. And Moloch just launched its v2 and introduced LAO with pure mone...