Protocols like Compound Finance and DYDX are arguably the most compelling reasons why you’d want to build an app on Ethereum. Unfortunately the entire web3 stack is surrounded by a cloud of wonky terminology and technical barriers. This jargon minefield makes it next to impossible for the average Jane to get something up and running.
Until now
Programming Languages –
Solidity is the main programming language for smart contracts, however there are other languages which will be useful depending on your usecase.
Today OpenLaw is releasing its second vertical OpenLaw Finance. With OpenLaw Finance creating legally compliant tokenized securities, fixed income products, tokenized real estate, and smart derivatives can be as easy as filling out a simple form. The future of decentralized finance is coming into focus powered by OpenLaw.
1. It needs 2 million deposited Ether to start
We covered previously how a validator would need to submit 32 ether to a deposit contract to join the staking system in Ethereum 2. What isn’t as widely known is that we need 65536 validators for the new chain to start – roughly 2 million ether (65536 validators). That’s exactly 64 validators per planned shard in the system – too little at first (see numbers below).
Cryptocurrencies were supposed to destroy the traditional monetary system. Ten years on, where are we?
Bitcoin has been wildly successful, but as a financial game–not as a medium of exchange.
The Facebooks and Googles of the world are getting rich off your data. Market researchers at PwC estimate that in 2018, companies that collect personal data to use for targeted advertising brought in $178 billion in revenue. Data brokers last year earned a further $21 billion. And these numbers are only trending up. By 2025, PwC expects the global data economy to be worth more than $400 billion.
So it’s about time we get in on the action, right?
hand-holding guide to the Simple MultiSig Wallet, with plenty of screenshots
A multi-party transaction is a classic example of something you can do more easily with Ethereum than with fiat currencies. Yet many people don’t realize how easy it is to use MultiSig Wallets for multi-party transactions.
In this article I’m going to introduce a typical use-case for a MultiSig wallet, and then walk you through how to execute multisig transactions using Christian Lundkvist’s Simple MultiSig Wallet. I’ll be using the user interface for the Simple MultiSig Wallet that I wrote — it’s completely free to use and available on IPFS:
Does game theory apply to real life? It’s easy to fall into one of two errors:
Thinking that human interactions can be precisely modeled by a 2×2 payout matrix, and being shocked by the vagaries of human psychology.
Thinking that since humans aren’t rational game theory doesn’t apply to them, and being shocked when they follow incentives in predictable patterns after all.
Die United States Securities and Exchange Commission (SEC) hat eine Stellungnahme zu den Rahmenbedingungen für ‘Investment Contract’ Analysis of Digital Assets” veröffentlicht. Dabei geht es beispielsweise darum welche Token als Security (Aktie) behandelt werden. Regulatorisch ist das Dokument eher für geplante ICO’s interessant als für den eigentlichen Token-Nutzer. Zudem handelt es sich dabei eher um […]
Glen Weyl is the co-author, with Eric Posner, of Radical Markets: Uprooting Capitalism and Democracy for a Just Society. Despite its subtitle, the book is decidedly pro-market, arguing that price mechanisms are invaluable tools for allocating resources and building healthy societies. But those markets have to be carefully designed to achieve that goal. The book argues, among other […]