Ethereum is readying itself to move to Ethereum 2.0. Ethereum 2.0 will shift the consensus protocol from Proof of Work (PoW) to Proof of Stake (PoS). Ethereum 2.0 offers participants that stake their ETH in ETH2 a staking yield. That being said there are some hurdles for staking in ETH2. 32ETH Minimum – The minimumContinue reading “ETH 2.0 Staking Hurdles”
Author Archives: dhruvbs
MEV today, MEV tomorrow
What Is MEV? Miner Extractable Value (MEV) is value that miners/validators make by censoring users, reordering transactions, or implementing their transactions before others. Miners are not the only ones searching for MEV. MEV bots, run by traders bid up gas fees in an attempt to prioritize there transaction to extract value. 97% of the timeContinue reading “MEV today, MEV tomorrow”
Time Preservation in Bitcoin
Time Scarcity The ultimate resource of this world is time. The time you spend on this earth is limited. The average life expectancy is 78 years. By the age of 22, we are thrown to corporate where we sell our time from 9am-5pm everyday. The average citizen works and saves every penny in the hopesContinue reading “Time Preservation in Bitcoin”
Bitcoin Starter Pack
Bitcoins recent run up has led people wondering where they can start their bitcoin journey. This is a collection of resources and the train of thought that guided me through the bitcoin rabbit hole. The bitcoin journey begins by trying to understand why this imaginary money could be useful. There have been multiple visions debated.Continue reading “Bitcoin Starter Pack”
A Pseudonymous Economy
We have accelerated faster to a digital transformation than anyone could have guessed. In 20 years we have gone from wired car phones to unbound devices that are wirelessly connecting people trans-continentally. The internet has truly bred into something even ambitious imaginaries couldn’t have dreamed of. The rippling effects of a globally connected is merelyContinue reading “A Pseudonymous Economy”
Crypto Adoption in Emerging Markets
When bitcoin becomes a topic of discussion, people usually immediately fall on the value prop that it is an alternative to gold. But within the store of value proposition, often is forgotten why gold has become a money. Inflation resistance for emerging market citizens is still an undervalued narrative. Countries like Venezuela and Turkey areContinue reading “Crypto Adoption in Emerging Markets”
Bitcoin Vertical Growth
This post was originally published for Game Theory Crytpo Group in July 2018. Imagine walking into a Chuck-e-Cheese and having to buy different tokens for every game you wanted to play. This is essentially what crypto has brought to us as far as utility in altcoins go. Each and every single utility token has builtContinue reading “Bitcoin Vertical Growth”
Escape from the Meatspace Economy
Coronavirus has accelerated the cybereconomy faster than we expected. WFH has turned to Work from Anywhere (WFA). Millions of people who have been grounded to a specific city for decades are now dispersing. Cloud stocks and virtual workspaces like Microsoft Teams, JIRA, MuleSoft are the backbone of the WFA movement. The pandemic propelled us intoContinue reading “Escape from the Meatspace Economy”
Tracing Exchangeability (Commodity Money)
Introduction The average day in a consumer society has vastly changed throughout a single score. Take your average Joe for example. In 1999, he begins his day by going to get his daily coffee. After ordering his caramel macchiato and everything bagel toasted, he waits 10 minutes in the drive-through line. Upon arriving to theContinue reading “Tracing Exchangeability (Commodity Money)”
Dear Kobe
Dear Kobe, Your relentless pursuit of perfection was unparalleled to anything I had ever witnessed growing up. You left me heartbroken in 2009 and I hated you for it. I tried to find faults in your game and character, but the deeper I dug, the more I respected you. The tenacity you brought to theContinue reading “Dear Kobe”