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Rules and strategies of a protocol
The path to and impact of MEV-Burn on Ethereum
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Newsletter update
12
Proof-of-stake and the Cantillon effect
2
Endgame Perils of Restaking
Network effects: bitcoin
3
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Is it insane to speculate on Friend.Tech keys?
Data driven dives into big ideas in crypto to confirm or dispel narratives. Mostly Ethereum on-chain analytics; bitcoin where ethereum data is lacking.
Addendum: Endgame Perils of Restaking
Clarifying some details from Endgame Perils of Restaking.
Endgame Perils of Restaking
Fear not that restaking protocols might fail, but that they could succeed.
The impact of inscriptions on Bitcoin's fee market
Inscriptions are currently experiencing a gold rush, with tens of thousands of people darting into the space in an attempt to get in early.
1
Partial withdrawals after the Shanghai fork
Modelling the distribution of rewards by validator cohort.
Blockspace Competition and Inclusion Times
How temporal competition and long-tails skew block inclusion times.
The Year in Blockspace Demand
What blockchains did people use in 2022? And what did they use them for?
The Merge and crypto's electricity consumption
How much energy use did Ethereum's transition to proof-of-stake really reduce
Staking yield and ratios
Commentary on the concept of staked ether as The Internet Bond
2
Data Always.
Data Always.
Data driven dives into big ideas in crypto to confirm or dispel narratives.
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