The purpose of this post is not to enrage you or be negative or “bearish”; rather part of an ongoing attempt to discover the fundamental properties of...

In my previous post about the inefficiencies of monolithic blockchains, the responses can broadly be classified as: Ad-hominem attacks Contradicti...

Nothing here is new, and indeed, I’ve repeated all of this ad nauseum in 2021. Moreover, it’s completely absurd the industry is mostly obsessing over ...

One of main reasons most people I know (incl. myself) do not use crypto is the lack of transaction reversibility. It’s a critical part of financial tr...

The crypto industry has always been very detached from reality. It’s all about shilling and pumping tokens, with exuberant claims. These claims never ...

It’s been a while since I did one of these, although I have indirectly discussed the topic plenty. But as speculation returns to crypto, there’ll be a...

Forgive me for sounding like a broken record, but “crypto values” like “decentralization” are merely a means to an end. All hypotheses and conjectures...

A common response I always receive for my application layer writings is that I’m being pessimistic. I’ve been writing about this topic for 7 years now...

In early 2022, I had this phase where I was focusing on discussing application layer innovation. Right before then, in late 2021, my main focus was sc...

We like our trilemmas in crypto, so here’s one for governance systems - neutrality, fairness, and inclusivity. This is probably my 6th or 7th post abo...

I have now written many posts about how the true unique proposition offered by crypto is zero governance immutable protocols/blockchains. However, in ...

I have discussed at length before across multiple tweets, posts etc. why and how blockchains are fundamentally unfair, here’s a recent post. Permissio...

I have written about these topics before, and have in the past come to a conclusion crypto is great for coordination that only require objective outpu...

Over the last few weeks, the wider crypto market might be languishing in what might be described as an apathy phase. During this time, speculation has...

We’ve all heard about it, how infrastructure is way overvalued in crypto, while applications are criminally undervalued. There’s a common critique tha...

In crypto, the concepts of “welfare” and “neutrality” are often muddled together, but in reality, in most crypto contexts, they are contradictory idea...

Crypto is all about cults and profit, which often leads to a distorted view of the industry. My personal belief is application-centrism, and by extens...

Earlier this year, I listed the various demand drivers of ETH, and opined on how important each were. For me, the most significant demand driver for c...

DAOs are meant to be an abbreviation for Decentralized Autonomous Organization. Such an entity would actually necessarily require no governance. Addin...

A key requirement for a well-functioning DAO is user rights. Irrespective of what the tokenholders, delegates, or other governance decision makers do,...