Austin Castellaw

Each node has to verify the validity of every computation the users send to the network on blockchains. One of the major bottlenecks of blockchains' scalability is how to increase computational bandwidth without increasing the verification cost, which is ultimately the decentralization guarantee of a blockchain. The higher the verification cost,... See more

Fully backed and over collateralized — Every stablecoin issued is backed by reserve assets in a vault that represents more than 100% of the total Stablecoins issued.

Summary: If you assume the next 5 years of crypto venture funds produce blended 10x returns, then (based on recent investing volumes) these cohorts of token projects will need to produce an estimated $2T of market cap and over $800B of float would enter markets on a 5-10 year time horizon. This cannot be absorbed by retail; it will require... See more

Spending vs HoldingCash flowsGovernanceCollateral

For example, Starknet's virtual machine, powered by Cairo, unleashes this true potentiality as their native programming language is not bounded by the EVM constraints.

Social tokens have shown their efficiency to incentivize individuals to share their skills with others. Well-designed incentives are more than crucial as they can make your project tremendously grow. Social Tokens are best used when they scale or incentivize coordination and engagement between community members. Incentives are ideal when it's... See more

The cycle is pretty much - creator attracts viewers on Y → Y becomes the ideal platform for viewers to view their creators → Y uses creator to attract more creators → Y gets more creators, earning them more money, allowing them to attract more creators → but now Youtube virtually has monopoly over all other similar platforms and creators → They get... See more

And so when people are designing these incentive mechanisms and tokens, what types of factors are they considering? Whether it’s things like fairness or liquidity or security or the developer ecosystem, or I’m sure there’s plenty of other considerations. But what do you find that people are thinking about and tend to value? For some of the... See more