Bitcoin

Explaining My Project to My Mom

My mom is a smart lady but she’s not an avowed cypherpunk or CS professor. Here’s how I explain Tezos to her.

Over the last five years, cryptocurrencies such as Bitcoin have come into some popularity. To date, the cryptocurrency market is ~$13bn…

The Myth of the Irrational Token Holder

Blockchain governance doesn’t fit squarely into any existing model.

Tezos is a blockchain with a first-in-kind implementation of a native governance mechanism. All proposed changes to the protocol are decided upon by the community…

A few directions to improve Tezos

In which I outline, for different categories, what seems to me as reasonable, immediate, directions…

Towards Futarchy in Tezos

Futarchy, in a nutshell, is the governance technique of evaluating policies ex post while relying on a prediction market to determine the best policy ex ante.

The Tezos position paper explicitly mentions futarchy as a possible development for the governance…

Blockchains are not startups

On Blockchain Governance, Part 1

A quick tour of the Tezos code base, and the state of its development

Introduction

“There is no need for hard forks”

But there will be hard-forks nonetheless

One of the most salient aspects of the Tezos ledger is its ability to self-govern by accepting and deploying protocol upgrades, on chain, without hard-forking. Participants in a…