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A few directions to improve Tezos

In which I outline, for different categories, what seems to me as reasonable, immediate, directions for improving Tezos. The emphasis is on relatively low hanging fruits, nothing earth shattering, just...

Towards Futarchy in Tezos

Futarchy, in a nutshell, is the governance technique of evaluating policies ex post while relying on a prediction market to determine the best policy ex ante.

It’s a baker’s life for me: being a Tezos validator

What is baking? Bitcoin has mining, Tezos has baking. In Bitcoin, miners compete to publish blocks containing a proof-of-work stamp by repeatedly hashing block headers. In Tezos, block creation is...

Hash-Consing in Tezos

I’ve spoken several times of hash-consing as a way to store contract data efficiently for the Tezos blockchain. Here’s why it’s useful, how it works, and what its limitations are....

Delegation upon launch

Tezos is a proof-of-stake blockchain with a delegation mechanism. How delegation is handled at the launch of the network could have enduring consequences for the network.

Optimizing Stack manipulation in Michelson

This post describes a light compilation step to help stack manipulation in Michelson. It’s not critical for the launch, so we aren’t focusing on it in the near term, but...