This blog post expands on a popular Reddit comment on the benefits and drawbacks of supply caps. This topic is particularly interesting as it touches...
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...
I have been compiling some thought from various community members regarding the design of an on-chain treasury for Tezos chains, and what that might look like. Of course, there is...
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...
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.
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...
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....