
Data driven dives into big ideas in crypto to confirm or dispel narratives.
| Platform | Pricing | Freemium | Publishes | Weekly | |
|---|---|---|---|---|---|
| Issues | 40 | Founded | 5 years ago | Last Issue | 2 years ago |
| Active | |||||

Yesterday we published a new essay on HackMD.
The essay focuses on Ethereum timing games, in which validators intentionally delay blocks to earn higher rewards. We take a critical view of discourse in the ecosystem while attempting to exp...
We ended last year’s edition by emphasizing the diverging paths of the two largest cryptoassets: Bitcoin needed to find a way to monetize its blockspace and Ethereum needed to focus on scaling by pushing users onto L2s. In 2023, we saw enco...
Ethereum developers are often accused of changing the rules by which the game is played. For the class of people who view a blockchain’s spec as infallible, this is a valid criticism, but it is also true that rules do not define how a game...
Note: this article was originally published as early access for my friend.tech chat. It has been opened to the public by popular demand.
TLDR;
The fees taken by friend.tech are too high to facilitate healthy speculation on large...
A supplement to Endgame Perils of Restaking.
Restaking protocols are explicitly framed as opt-in, but when we examine how out-of-protocol yield distorts the incentive structures of the Ethereum Network...
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The writers behind this newsletter.
Independent cryptoasset researcher.
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