Discover and read the best of Twitter Threads about #cessummit2019

Most recents (2)

@socrates1024 @neha @ittaia @kanzure @dahlia_malkhi @Libra_ @LivepeerOrg @YondonFu @gnosisPM @AFDudley0 @AriJuels @initc3org 7b/ @arijuels looking into the game theory of these DEX arbitrage bots.

- Bots tend towards an equilibria (w.r.t. gas price)
- There are Wall St.-like latency wars! (Bots have started to do more raises over time.)

cc @phildaian

#CESSummit2019
@socrates1024 @neha @ittaia @kanzure @dahlia_malkhi @Libra_ @LivepeerOrg @YondonFu @gnosisPM @AFDudley0 @AriJuels @initc3org @phildaian 7c/ @AriJuels @initc3org

A great reminder that DEX arbitrage is just the tip of the iceberg—only .1% of total volume. See @BitwiseInvest report for example of CEX. (95% of reported volume is fake!)



#CESSummit2019
@socrates1024 @neha @ittaia @kanzure @dahlia_malkhi @Libra_ @LivepeerOrg @YondonFu @gnosisPM @AFDudley0 @AriJuels @initc3org @phildaian @BitwiseInvest 7d/ @AriJuels @initc3org with a hilarious point—they accidentally supercharged the bot community by:

- Creating GasToken (used by bots)
- Publishing blog post (which brought more attention!)

Check out the paper w/ @phildaian! arxiv.org/abs/1904.05234

#CESSummit2019
Read 49 tweets
1/ Thread from #CESSummit2019.

Starting with @neha @socrates1024's overview of the "why" for this event:

- Catalyzing a new interdisciplinary academic field to increase signal-to-noise.
- Experimenting with peer review, and how it should interoperate with IRC, forums, Twitter.
@neha @socrates1024 2/ @ittaia on Decentralized Trust. Looking at "who can vote?"

- Proof of Authority (Libra, POA)
- PoW (Bitcoin)
- PoS (ETH 2.0, Tendermint)
- PoSpace (Chia)

All of these abstract to "money". Ittai asks: which ones lead to plutocracy, monopoly, and bribery?

#CESSummit2019
@neha @socrates1024 @ittaia 2b/ @ittaia differentiating between voting rights and voting protocol (consensus protocol).

First choose voting right, *then* choose voting protocol.

(Though it seems like PoW strongly implies Nakamoto consensus?)

#CESSummit2019
Read 17 tweets

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