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The Music Chair of Alt Layer Ones
First of all, let’s settle which blockchain projects count as alt layer ones. Aside from Bitcoin, every single layer one project. I know some Ethererum supporters might consider Ethereum in the league with Bitcoin. But in my humble opinion, they are different by nature. Bitcoin is digital gold, but Ethereum is a technology project.…
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When Decentralization Meets AI
Not sure about you, but I binge-watched all OpenAI episodes last week. In case you missed it, here is a fantastic piece that summarizes all the twists and turns, and all the best memes of the OpenAI Saga. But most importantly, it exposes the concentration risk of advanced AI technology. Imaging Microsoft to shut…
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The War of Attrition in SocialFi
There is no better place to learn game theory than crypto. In order to learn anything, you need to be committed. Nothing shows more commitment than putting your own money on the line. Remember Olympus DAO and (3,3) meme? At its peak, everyone on Crypto Twitter had one variation of it in their profile.…
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What’s Next In DeFi Privacy And Security After Tornado Cash?
In my humble opinion, 95% of the existing DeFi ecosystem will need to go up in flames to give way to the rise of a new DeFi ecosystem. Much of it has to do with the “get rich fast” culture. But I will digress. The catalyst of this post is that earlier this month,…
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Back To The Origin: Bitcoin DeFi
If we take a step back and ask what led to the rise of ethereum or any other alternative layer-1 chains in the first place? It is because the very first blockchain – bitcoin blockchain has scalability issues and it doesn’t have smart contract capabilities. But these limitations are not set in stone. The…
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The Era of Institutional DeFi
For people who stand on the sideline, it seems that the turbulence in the crypto market never ends. Yet, unaffected by the market sentiment, the believers continue to build, including large traditional finance players. Matt Huang is not wrong. While crypto theatre continues to dominate media headlines, the serious players see the true value…
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zkRollup and zkEVM – the Path to Ethereum’s Scalable Future
Despite the many FUD moments we experienced in the first 90 days of the year 2023, we saw a wave of zero-knowledge (zk) scaling solutions reaching mainnet stage. The latest development further strengthens Ethereum’s position as the go-to-chain for developers and make it increasingly difficult for the alternative chains to compete. Two type of…
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From Mastodon to Lens – Exploring the World of Decentralized Social
Decentralized social refers to a type of social network that operates on a decentralized infrastructure, rather than relying on a centralized authority or company to manage user data and content. A decentralized social network has two prominent characteristics. For one, it is censor-resistant. We are all (at some point) witnesses of censorship on popular…
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The Present DeFi Landscape
In 2020, I re-engaged with Blockchain industry because of a book called “How to DeFi”. Three years later, I thought it would be interesting to do a review to see how the DeFi landscapes have changed from then to now. The book went into depth to discuss eight different use cases of DeFi, they…