"Liquidators are underexamined actors in the DeFi space, working, like miners and validators, behind the scenes to keep the entire system functioning and being handsomely rewarded for doing so. Unlike miners and validators, however, liquidators require effectively no upfront capital investment, creating an ecosystem of professionals operating from potentially anywhere in the world, entirely anonymously, getting paid to keep markets solvent."
Links to the best articles, videos and podcasts about Ethereum.
"What is a multisig and which multisig should I use? Here’s your answer."
"Ethereum is a place to build things that all compete for value"
"2020 is shaping up to be a pivotal year for Ethereum 2 with the expected launch of the first phase, known as the beacon chain, accelerated work on additional phases, and growth of the supporting ecosystem. This is a personal view of my expectations for Ethereum 2 over the next year, based on the work needed to deliver Ethereum 2 and the current state of this development."
"This post is intended for the average user of the internet — someone who uses apps but does not necessarily develop them makes online purchases but does not necessarily understand how they are transacted behind the scenes."
"One common strand of thinking in blockchain land goes as follows: blockchains should be maximally simple, because they are a piece of infrastructure that is difficult to change and would lead to great harms if it breaks, and more complex functionality should be built on top, in the form of layer 2 protocols: state channels, Plasma, rollup, and so forth. Layer 2 should be the site of ongoing innovation, layer 1 should be the site of stability and maintenance, with large changes only in emergencies"
"Most of the discussion will be at a relatively high and intuitive level; it is assumed only that the reader has a basic familiarity with zero-knowledge proof systems, group theory, and computational complexity up to understanding the class of problems known as NP."
"In a zero-knowledge proof, a prover wants to convince a verifier that some public statement is true. However, the proof of this statement holds sensitive details that can’t be shared."
"In the case of Bitcoin or Ethereum, a blockchain can be thought of as a shared, public database. Anyone can download a copy of this database and participate in adding new records to it."
"This is the second installment in the Ethereum 101 series. Previously, we explored blocks and how they’re linked to form a blockchain, then downloaded Ethereum Grid and poked around at real block data on a test network."
"The Ethereum network, like many common-pool resources, has some maintenance problems: Burgeoning state bloat, ever-increasing sync times, declining popularity of running full nodes. If left un-addressed, these issues pose an existential threat to the future of the Eth1.x network."
"State Channels and Sidechains are the two terms in Ethereum community that are often used interchangeably, thus causing mass confusion."
"A key requirement of any blockchain is its ability to secure its chain. A secure chain is one in which transactions are verifiable and immutable i.e. by referring to the blockchain someone can obtain the details of a transaction that took place, and be sure the details are not faked and the transaction cannot be altered retrospectively."
"Why does optimistic rollup have the properties it has, why is it secure and decentralized, and why is it the most promising avenue for scaling Ethereum today?"
The Ethereum Name Service is one of the most popular projects on Ethereum right now and for good reason. As the website states, “ENS offers a secure & decentralized way to address resources both on and off the blockchain using simple, human-readable names.”'
"Running an Ethereum full node might seem like a complicated endeavor, but, despite what you might have heard on Twitter, it it turns out to be easy."
"In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity. In the last five years, much has changed."
"This article aims to introduce formal verification, review existing tools in the age of blockchains and emphasize challenges specific to Ethereum."