Cofounder STEALTH, incubated by @delphi_labs | Former @stacks @ethstatus @Bridgewater | tweets are not endorsements or advice
Nov 28, 2023 • 9 tweets • 2 min read
What is @Logos_network?
The world is increasingly digital & borderless. Outdated, bureaucratic institutions can not keep up. The old system is in its death throes, resulting in war, debt, surveillance, & bipartisan tyranny.
Logos is a declaration of independence in cyberspace👇
Logos' mission is to enable a new world beyond the tyrannical structures of the status quo.
This is accomplished by building a toolkit of cutting-edge tech to create a liberated cyberspace where individuals can interact freely, fostering passionate & respectful dialogue.
May 26, 2023 • 32 tweets • 12 min read
*How to Learn About Tokenomics*
Your guide to everything you need to know about tokenomics:
🟢 Fundamentals: Basic Economics
🟡 Intermediate: Digital Economies & Blockchain
🟠 Advanced: Game Theory, Behavioral Economics, & Finance
🔴 Expert: System Design & Optimization
👇
TL;DR
I've spent more than a year synthesizing *hundreds* of sources, including everything on this list, into one key resource: Tokenomics for Builders.
I'm open-sourcing the full guide soon - please follow if you'd like to be notified when I do.
May 25, 2023 • 21 tweets • 4 min read
Have you heard of Autonomous Worlds or on-chain gaming?
Gaming's future is brighter than ever, but there's a problem.
The current models limit creativity & community involvement.
AWs will fix this; it's on-chain, it's intense.
Let's dive in 🧵
2/ Gaming has always been at the forefront of technological innovation.
Each new computing paradigm has unlocked new possibilities
-Transistors
-Microprocessors
-PCs
-Mobile tech, etc., have all revolutionized the gaming landscape.
May 23, 2023 • 16 tweets • 8 min read
***BRC-20 Token Standard***
"What #ETH tries that succeeds will eventually move to #BTC"
- Bitcoiners
BRC-20 tokens' marketcap skyrocketed 600%+ in just a week, overtaking standard #Bitcoin transactions!
-Wtf is BRC20 & How it started
-How it works
-Importance & Criticisms
🧵
2/ Firstly, it would be good to understand what ordinals are, and if it's your first time hearing that, don't sweat it.
Check out this thread first to come up to speed on Ordinals.
1/18 The whitepaper for @eigenlayer recently dropped.
But what is EigenLayer?
In short, EigenLayer enables $ETH restaking, which gives staked $ETH utility in being used to secure additional networks.
How is this possible? Let's dig in.
🧵👇
2/ Ethereum staking involves validators locking 32 $ETH to enhance network security.
But staked $ETH can't be used for anything once staked.
@LidoFinance stETH, a liquid staking derivative that issues wrapped assets representing the staked $ETH, addressed this inefficiency.
Dec 14, 2022 • 33 tweets • 8 min read
1/ The long awaited $sBTC whitepaper just dropped.
Nothing can beat a firsthand read of the paper yourself, but having read through the whole thing, here are a few key takeaways and topics to focus on:
2/ Trustlessly using native #Bitcoin for smart contract applications (dApps, DeFi, etc) has remained an elusive "holy grail".
The fundamental challenge is Bitcoin itself is not programmable. Some may say this is a flaw in Bitcoin, while others believe this is a core strength.
Jul 8, 2022 • 9 tweets • 2 min read
State of $STX Mining - July 2022
I have compiled a detailed report on the last 12 months of @Stacks mining.
The report examines miner profitability, decentralization, strategy, and insights for how to improve PoX.
5.17 blocks per hour
124 blocks per day
17 days per 2,100 stacking cycle
May 10, 2022 • 30 tweets • 6 min read
Stable coins like $UST are hard to keep stable.
In fact, any tokenized asset is difficult to keep pegged to its underlying value. (Stable coins are really just a subset of tokenized assets - tokenized fiat USD)
Here's why tokenizing assets (of any kind) is a challenge...
🧵
Let's start with tokenized fiat USD, ie stable coins.
The most *direct* way to tokenize USD is to have a bank account of actual USD, and issue a stable coin like $USDC that is 1:1 matched to USD held in a centralized, traditional bank account.
Obviously this has issues...
Feb 10, 2022 • 25 tweets • 8 min read
Noticing healthy skepticism about @Stacks and its claim to be "smart contracts for #Bitcoin."
How does $STX do it?
Most people have heard that $STX chain state is secured on $BTC in each block, so that the BTC chain is the ultimate source of truth for Stacks.
To which a natural response is often:
"So what? Any chain could write its state to BTC!"