Robert O’Brien

I build my ideas • Good Derivatives • Market Design and Token engineering • in #Plutus #Haskell #OCaml #Erlang

[Charles Hoskinson @IOHK_Charles]

I've been waiting a long time for this paper to be publicly released. It's a major piece of work formalizing p2p and discussing how hard in practice getting proof of stake networking right is:
https://t.co/dSiNQwNAj5

[Jake Brukhman @jbrukh]

Climb the levels of the pyramid of understanding.

0: crypto as money
1: crypto as payments
2: crypto as inflation hedge
3: crypto as efficiency tech
4: crypto as securities
5: crypto as finance
6: crypto as middleman substitute
7: crypto as networks
8: crypto as coordination

[rohitmalekar.eth @RohitMalekar]

Bonding curves offer liquidity to tokens acting as a counterparty to buy tokens back. But the default design can be exploited for “pump and dump” attacks and manipulation.

An alternative by @commonsstack uses system design to drive responsible choices.

https://t.co/HjqpAp708I

[gubsheep @gubsheep]

people sometimes ask, "why is building fully on-chain interesting?"

one of the best articulations of this is tucked in the footnotes @saffronhuang's recent piece on crypto-native governance schemes (see it at https://t.co/5ITVxrIwZ6 or at https://t.co/vKINVuBovB) (1/n)

[batsoupyum @batsoupyum]

Whenever I hear the term “web3” I think of Wikipedia. I struggled with the whole concept until I read their history, and then the light bulb went off.

It’s the whole reason why I’m here so now you get to listen to why in a short thread…

[Aaron Wright @awrigh01]

Web3 will be defined by “token effects” and not traditional network effects.

What does that mean? Token-based projects have a better shot at building powerful and useful networks that are user-owned and operated.

(visualized brilliantly by @LeConcurrential)

[Lambda Days @LambdaDays]

#CFT - second deadline is just around the corner! One of our PC members - @thompson_si - is particular interested in #Haskell, #Erlang and #OCaml! Make him curious with your talk proposal! https://t.co/ztLtKgUHX1

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang It’s possible. Something like Kobalt Music https://t.co/48rB6pjpV9 which is a musics rights mgmt co. Artist sign to Kobalt, in return they get good visibility into revenue streams. Wouldn’t take much for Cobalt to feed that revenue through a smart-contract.

[Trent McConaghy @trentmc0]

New blog post: "Introducing TokenSPICE:
EVM Agent-based Token Simulator for Token Engineering". 🐟🌪️

@tokenspice helps #tokenengineering design & verification flows. It emerged from work in @oceanprotocol. It's young but promising:)
https://t.co/SRmFtx4N0m

[BlockScience @block_science]

"Feedback is the great enabler"

Thanks to @MarwaEldiwiny & @jsshamma for this podcast & important reminder that modeling dynamic & uncertain environments is an iterative process. The feedback loop is essential to limit the effect of uncertainty and guide towards system goals 🎯

[Marwa ElDiwiny @MarwaEldiwiny]

It was a pleasure to have this conversation with Jeff Shamma @jsshamma on Multi-agent Robotics, Game Theory, Dynamic Systems, and academic culture change. I hope you enjoy listening the episode #robotics
The episode:
https://t.co/RgWwqxYUif

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang https://t.co/WJBLlPWzvk see https://t.co/oii6JlRBX3 for docs on the project.

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang No hurry, swamped atm. Eulerbeat NFTs are structured as an *Original* NFT license plus limited *Prints* priced using bonding curves. The Print spread is a txn tax: %8 to Original, 2% to Creator. Would applying COST to the Prints make sense to similarity stimulate creator revenue?

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang This happened https://t.co/btJ60lClCc

[Adam Dean @adamKDean]

There seems to be some misunderstanding of what happened to the #Cardano network yesterday so I'd like to provide some clarity if possible. The @YummiUniverse drop happened and went off slowly but without incident (even for the person who sent us 25k WMT).

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang A spike in txn volume would slow down individual txn but not prevent progress. The network would still operate throughput even at capacity. Since there is no world state, order doesn’t matter as much, the cost is time to settle. Some analysis https://t.co/dDic0aSpg2

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang Sure. Gonna be swamped the next few days so I’ll be very slow with replies. Do checkout the Hydra (Scaling), Babel Fees (pay tx fees in any token), Djed (Stable coin), and Marlowe (Financial contracts for Business Analysts) papers here https://t.co/wGnUbGt0bm

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang Try this one. https://t.co/yy25dYFtGA

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang Yes at the settlement layer it is a design choice. That said there is nothing preventing a price based market clearing approach in specific market designs. Some form of batching will be a common pattern in EUTxO implementations. Auctions ftw!

[Robert O’Brien @wolstaeb]

@AnthonyLeeZhang The EUTxO model is explicit about state. It is lower level than the actor/account abstraction. So you don’t need to have processed all txns in a strict order to understand your particular txn context.