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Are Blockchains Decentralized? Unintended Centralities in Distributed Ledgers

The report investigates the true decentralization of blockchains, highlighting various forms of centralization, vulnerabilities in consensus protocols, and the implications for security and immutability in networks like Bitcoin and Ethereum.

blog.trailofbits.com

这两天整理了下美国金融市场核心流动性指标的联动关系示意图。 1. 流动性传导链：美联储购债/TGA变化 → 银行准备金 → RRP规模 → 短期利率 → 10年期收益率。 2. 政策与市场的博弈： •美联储通过QE/QT和RRP利率调控流动性； •财政部通过TGA和发债影响国债供需； •市场通过收益率变化反馈至政策调整（如“收益率曲线控制”）。 3.... See more

Simmons

x.com

Trends – Artificial Intelligence (AI) – May 2025 – BOND

The document analyzes rapid growth and transformative trends in artificial intelligence, highlighting unprecedented user adoption, technological advances, global competition, enterprise AI integration, and associated benefits and risks shaping the future.

bondcap.com

Thumbnail of The Illegible Margin: Profiting From the Gap Between the Map and the Territory

taylorpearson.me • The Illegible Margin: Profiting From the Gap Between the Map and the Territory

Wrote Simeon

Brian Mccarthy • China's Fiscal Plan

I saw the angel in the marble and carved until I set him free. —Michelangelo

Greg Mckeown • Essentialism: The Disciplined Pursuit of Less

Resale Report 2025

The Resale Report 2025 highlights the rapid growth of the secondhand apparel market, driven by changing consumer behaviors, social commerce, AI advancements, and increased government support for sustainable practices.

cf-assets-tup.thredup.com

John Simmons

@johnxsimmons