Revisiting L1 Tokens as Money: A Critique of ‘Monetary Premium’One of the oldest debates in crypto focuses on the relationship between the adoption of L1 blockchain networks and the value accrual of…Jun 13Jun 13
Combined Metrics for Tracking Smart Contract NetworksOne of the key advantages of blockchain networks over other digital platforms is that data about assets and transactions hosted on a…Apr 15Apr 15
The Cryptopreneur’s DilemmaThe foundations of public blockchains were laid by cypherpunks. Even though the crypto industry was always destined to harbor a variety of…Dec 16, 2024Dec 16, 2024
Stable Coins, Stable GrowthThe core function of blockchain networks is to securely process and maintain timestamped information records. In principle, this can be any…Jul 8, 2024Jul 8, 2024
Onchain Finance is Thriving; What’s Next?Decentralized public blockchain networks have existed for ~15 years with the associated cryptoassets currently going through their fourth…Apr 10, 2024A response icon1Apr 10, 2024A response icon1
Institutionalization = Network Success“Better technology doesn’t always win” is an old adage in entrepreneurship with numerous well-studied examples from business history…Dec 15, 2023Dec 15, 2023
Progressive ComplianceA major obstacle to mass adoption of blockchains and smart contract applications has always been their undefined and contested legal and…Sep 20, 2023Sep 20, 2023
Liquid Delegation in DAO GovernanceLiquid delegation is a collective decision-making mechanism that combines direct participation with representation. The core idea is…Apr 24, 2023Apr 24, 2023
MiddlemachinesTo understand Web3, one needs to recognize not only how it aims to differ from the previous generation of web-based services, but also the…Jan 30, 2022Jan 30, 2022
How Crypto Is Shaping the Digital RevolutionI have previously categorized ’crypto’ — a catch-all for blockchain- and Web3-related innovation — as part of the Digital Revolution that…Oct 18, 2021A response icon1Oct 18, 2021A response icon1