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Photo by Kent Tupas on Unsplash

With all of the focus on the growth of decentralized financial systems on the Ethereum blockchain, it’s easy to miss the broader story that is happening across crypto. While the “degens” get all the attention, the real work of bringing DeFi to the masses is happening around the globe across, and between, a growing set of layer 1 networks.

Five chains that are developing competitive DeFi systems today

Polkadot is one of the most heavily favored contenders to Ethereum developing a DeFi ecosystem. The Web3 Foundation which backs Polkadot has raised almost $200mn over its lifetime and Polkadot is the highest market cap Proof of Stake network. The current Polkadot landscape has several high profile projects, including Acala, Moonbeam and Edgeware, working on building primitives and more complex systems as well as a long tail of projects from scrappy beginnings to venture backed. …


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In the first days of January 2020, a new type of asset appeared on Tezos. In block 767840, a transaction was submitted to originate the StakerDAO Contract (KT1EctCuorV2NfVb1XTQgvzJ88MQtWP8cMMv) on the Tezos Mainnet — and StakerDAO, its STKR tokens, and the Staker Agora governance process were launched.


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In the winter of 2018, I was elected to a founding board position for the Tezos Commons Foundation. I served for a year on board to to help in get set up and to start making an impact in events, meetups and grant making, and then stepped off to give others an opportunity to move TCF forward.

During my tenure, I was featured in a promotional video about Tezos Commons alongside the TCF operations manager, Sam Harrison. Here’s that video.


As part of the work I did with Tezos Commons, I organized an event called TEZ TALKS — a first of it’s kind day long conversation about Tezos and the Future of the Commons. With some degree of hubris, I claimed the opening presentation for myself. This video is of that talk.

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I launched the Tezosnomics podcast as a follow up to the Tezos Today Youtube series that I started in 2018. It seems that a topic as thoughtful as the Tezos ecosystem needed a podcast, and I felt like I could do justice to the topic. With several sponsors now on board, I am excited to see where future episodes take us.

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Tezonomics is the podcast that explores the business of the Tezos blockchain ecosystem. The people, projects and protocols that are moving Tezos forward. Join host Jonas Lamis as we explore the Tezos Commonwealth.


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Trading gallies off the coast of Malta c. 1680

Why are millions of people collectively spending billions of hours on a topic as mundane as a “distributed ledger technology”? Don’t we have anything better to do?

Well I am here to tell you that the answer is actually “No, we don’t.” Blockchain technology is not only the most important advancement of the first half of the 21st century, but it is also an inevitable result of the accelerating pace of human evolution.


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Trading gallies off the coast of Malta c. 1680

Why are millions of people collectively spending billions of hours on a topic as mundane as a “distributed ledger technology”? Don’t we have anything better to do?

Well I am here to tell you that the answer is actually “No, we don’t.” Blockchain technology is not only the most important advancement of the first half of the 21st century, but it is also an inevitable result of the accelerating pace of human evolution.


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Which cryptographic curve does your baker use?

Tezos supports 3 cryptographic curves that are denoted by the number after tz in the public key hash: tz1, tz2 or tz3.

Almost all current baking operations use tz1 addresses which are backed by the ed25519 cryptographic signature algorithm. While perhaps the most secure curve, this curve is newer and unsupported by all major Cloud HSMs. Delegation services using a tz1 address need to trade off the cryptographic security of Ledger baking with the risks associated with physical security, or of having a software defined cloud hosted wallet.

tz3 addresses use the NIST p256r1 curve whose parameters were securely selected by the National Institute of Standards and technology. These addresses are used by the Tezos Foundation. The Tezos Foundation wanted to use Amazon Web Services’ Cloud HSM solution for key management and at the time of key generation only the p256r1 was supported by AWS. However, the standard `tezos-client` binary no longer fully supports the p256r1 curve, posing additional risks and costs on operations that wanted to mimic the Tezos Foundation. …


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In this episode of the Tezos Wallet Delegation Series, you will learn about the Galleon wallet. This 8 minute video produced by CryptoLiveLeak covers:

  1. How to install the Galleon wallet
  2. How to transfer funds to your wallet
  3. How to send funds to other Tezos KT1 and tz addresses
  4. How to delegate your XTZ to Tezos Capital.

Enjoy our video! If you have questions about Galleon or Tezos Capital, please contact us at info@tezos.capital.


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As the Tezos ecosystem moves into a new growth phase, Tezos Capital and Polychain Labs are pleased to announce our new collaborative delegation service to support every sized delegator with superior security and virtually unlimited bond coverage.

Our new delegation service is available at: tz2PdGc7U5tiyqPgTSgqCDct94qd6ovQwP6u

Since launch 9 months ago, the Tezos mainnet has grown from a handful of upstart bakers to a thriving community of hundreds of block producers. The increasingly decentralized network has performed admirably, approaching 98% efficiency on block production and endorsement. …

About

Jonas Lamis

Founder and CEO of StakerDAO

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