The Puell Multiple is calculated by dividing the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value.
In other words, what are the miners doing with their bitcoin?
Miners are the only natural suppliers of BTC and effectively control the money supply. Why…
Concentrated Liquidity is what UniSwap V3 is bringing to the table.
Previously, you provided liquidity in pairs from the interval 0 to infinity, but since yields on liquidity are accrued via transaction fees, a lot of liquidity outside a coin's typical price range went untouched.
V3 allows you to provide…
In fact if the paper actually analyzed the system’s threat model under the assumption that oracles (all oracles, not just “tier 1”) were economically rational instead of ”honest” (and not just pretending to do so) it’d be clear as day that the economically rational move by the tier 2 is to act maliciously to extract as much capital as possible, because there aren’t even any punishments when they do so, since they have final say and fundamentally can’t be punished!
You're disregarding the second half of the sentence after your red box:
"and we assume the existence of a source truth that is prohibitively expensive for typical usage but is available in case of disagreement"
If a node flags collusion in Tier 1, and then the Tier 2 Oracles deem…
Disclaimer: This is not financial advice. I have chosen 5 tokens that I have researched and think will be growth opportunities, but you should always do your own research.
Ethereum is a no brainer.
It’s Ether token functions as the native currency for the most dynamic and promising blockchain we’ve…
Doge is the dumbest, smart investment a person can make.
Or was early on, if you could understand the trend. Doge had Robinhood exposure and took advantages of the residual effect of the GameStop price pump.
Doge is ponzi in nature, without a doubt. The model is consistent in that…
I’m not going to exert any opinions, but I am going to give you the thoughts that are running through my head about some macroeconomic factors that affect my fair valuation of BTC versus other investment opportunities.
I don’t know what’s going on, and neither does anybody. There’s an adage…
You’ll learn something insightful every week. If you want to get a handle on this stuff, this podcast does a really good job of condensing over-access to information surrounding crypto and delivering a simplistic message that helps you learn. All of the topics are current, reflecting the most important issues for examination as they happen in the crypto markets.
Episode 3 dives into actions taken by Elon Musk and Vitalik Buterin, the founder of the Ethereum Network.
New followers on Spotify will qualify for a raffle entry and a chance to win 1 ETH token! Winner announced on episode 6.
What is liquidity? Liquidity is the ability to trade an asset quickly for fiat currency without affecting its price.
The last part in italics is important and largely under-emphasized. …
Summary of a conversation with Sergey Nazarov about Chainlink and the oracle problem.
Obligatory meme below:
OK, now down to business: