Alphatu

Credible agreements are always over-collateralized.

Decentralized Bottlenecks:  The vision for web3 is admirable. But Moxie set out to understand how the decentralized sausage is made in practice. He was not impressed. Moxie's first concern was that Web3 is not as decentralized as it claims. In this case, access to the basic infrastructure of web3 (the Ethereum blockchain) ends up being routed... See more

At least as compared to existing legal entities, DAOs present certain operational efficiencies and are currently used by organizations managing over $500m in assets, suggesting that legal regimes should take steps to accommodate their growth and development. DAOs are able to rapidly pool and deploy capital, often implement low-cost and streamlined... See more

The only advantage traditional contracts have over smart contracts lies in the number of assets one can use as collateral.

Our generation is blessed with a chance to observe how technology is shifting the economic paradigm toward something previously unavailable to our imagination. Blockchain technology, which initially just offered an alternative model of transactions processing, has evolved into a whole new economic framework with its unique set of principles and... See more