Featured
Why government debt should be issued as perpetuities
Note that the following idea isn’t particularly new, economists have known this for a while. I only happen to think it ought to be better...
What do blockchains accomplish
What do blockchains accomplish?
All Stories
Thoughts on inscriptions
“Inscriptions” became a popular way to create NFTs on Bitcoin earlier in 2023 and have picked up significantly in the past month. However, they are, in many ways, a step...
Parallel scans
This post is inspired by the recent paper on Mamba. Mamba introduces a simplified, linear RNN and shows that it can be computed in \(\mathcal{O}(\log n)\) time using a parallel...
Decentralization, what is it good for?
Decentralization is a means to an end. In the case of blockchains, decentralization typically achieves two ends: double spending prevention and censorship resistance — these map, respectively, to the properties...
Protocol-level transaction fees?
The following is a collection of thoughts around fee markets in general and mechanism to fold in transaction fees in a protocol, such as the one outlined in EIP 1559....
