No idea what the context is, but it's pretty clear in the last few years the crypto industry has barrelled down the cascade of degeneracy. At this point, it's institutionalised and normalised, and even the biggest players are deep into the game.
To be clear, I use "gambling" in the broader sense, and yes, we're obvio...
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In 2017, Bitcoiners fought tooth and nail over block size, with one camp claiming Bitcoin will die without drastically increase throughput, while the other saying Bitcoin will die by increasing system requirements and compromising decentralization. In November 2017, Bitcoin Cash got to nearly 50% the market cap of Bitc...
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Dan is right, but that aside;
Personally, I do care, but the crypto industry has failed to deliver it, and has chosen a path of plutocracy & corporatocracy. Which is fair enough, as institutional speculation has a 3-4 orders of magnitude larger TAM, and it's more important to pump bags than deliver maximally neutral t...
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I've written about this before, but reminder:
A fully private CBDC is the ideal solution, and the only way to replicate the self-custody & anonymity of physical cash
You eliminate multiple unnecessary middlemen - stablecoin issuers, their banking partners, blockchain infrastructure and their node operators, at each ...
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Well, that didn't take long!
I've seen comments about "decentralisation is the goal" - it's not. I'll address it again, though it's just repeating my blog posts from 2023.
USDC is issued by Circle, a publicly owned company regulated by government agencies with a set of checks and balances, which are indirectly electe...
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Given regulatory acceptance, technically, stablecoins no longer need the strict global consensus property of blockchains. The most efficient way would be for regulated issuers like Tether, Circle etc. to run their own infrastructure with blockchains as an option. It might even be prudent to directly transact with CEXs ...
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In 2021, I wrote extensively on this topic. On paper, purely technically, it was a no-brainer - greater performance, interoperability, secure access to ethereum liquidity, security & decentralization, significantly lower inflation for economic sustainability, etc. etc.
Since then, all major new chains have been L2s -...
Unironically, I think most alt-L1s will become L2s
@celo showed the playbook:
– Halved inflation from 2% to 1%
– Reduced block times from 5s to 1s
– Eliminated 300k+ lines of legacy code
– Fully integrated into Ethereum’s ecosystem, the largest dev community in crypto
– Carbon emission's cut in half (if you're into t
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This is actually happening, potentially before ~2031 that I expected at the time (though still years away). ~Infinite chains, ~infinite composability, ~infinite scalability, all verified on your phone with a single infinitely recursive ZKP - this remains the only way to global scale
Of course, in 2025, this is not the...
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For my personal use, crypto is in a great place. Fees, speeds, wallet UX, applications are perfectly fine for my usecases, and they'll keep getting better. However, I'd like to see some things significantly improved, in order of importance:
- CRITICAL: Configurable withdrawal rate limiting in Safe & smart wallets and...
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Uniswap v4 feels like crypto's first complete product. Uniswap v3 was already nearly there, which is one reason why while previous versions took ~1 year, v4 took 4 years. I can see additional functionality (e.g. unified liquidity) and responding to infra changes (e.g. quantum-resistant zkVMs) that will justify a v5, bu...
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