Today I am proud to announce that I am joining Obol Network as an advisor, with a focus on incentive design, protocol development, and community. I’ve known Collin Myers for over three years and I am incredibly excited to support him and the team on this breakthrough technology.

Obol Network…


Lisa Cuesta and I are proud to announce our investment in Aurora’s first funding round alongside Pantera Capital, Electric Capital, Dragonfly Capital, and over 100 other investors from the broader crypto ecosystem.

The Ethereum ecosystem is at an inflection point as dapps, wallets, users, exchanges, and everyone else, works to…


See you in “code is law” Aragon Court

Last week a ‘free money’ bug on Compound caused some users to be able to claim far more COMP than they were supposed to, creating an estimated potential max loss of $147m / 490k COMP to the protocol. …


Lisa Cuesta and I are proud to announce our investment in Goldfinch’s seed round alongside a16z and existing investors including Variant, Slow Ventures, and Coinbase Ventures.

While the benefits of using a decentralized lending network are available today, friction in the user experience and a steep learning curve limit usage…


Proof of Stake’s security model is being dramatically misunderstood.

The biggest obstacle to understanding its security model is applying existing security frameworks to it. More specifically, the only security model we’ve come close to understanding is Proof of Work (PoW) so we take its security characteristics and transfer them over…


https://bisontrails.co/algorand

After working with the Algorand team for close to a year, we are proud to announce that Bison Trails will be supporting the Algorand mainnet launch! We will democratize access to the Algorand network by making it easy for anyone to run enterprise-grade Algorand nodes using the Bison Trails platform.


Running a node is almost like magic — anyone can be part of a special cohort securing the chain, participating in consensus, and having an unstoppable entryway to a global economy. …


Token generation & distribution has always been a top concern for anyone seeking to establish truly decentralized networks. We’ve seen many methods attempted, but it remains quite challenging to distribute tokens fairly to real users (not speculators) while avoiding concentration of wealth.

So as a token designer, I was very…


Cartoon by Tom Toles, Washington Post

Co-written with Collin Myers, research lead for staking as a service at Token Foundry. Edited by Chris Battenfield, Luke Loreti, and Nathan Chen.

The cryptosphere has been talking about staking as a service for the better part of a year, with protocols like Tezos and EOS hitting mainnet using various configurations like PoS, DPoS, or hybrid PoW/PoS. The market demand for such a service is obvious: hedge funds, VC’s, and whales are holding…


Building blocks

At first glance, tokens can appear complicated. The oldest and perhaps simplest example of a digital token is Bitcoin. It’s often referred to as digital cash or digital gold — but which is it? And what gives it value? And how does it work? …

Viktor Bunin

Protocol Specialist at Bison Trails. ex-ETHDenver, ConsenSys, EY.

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