1confirmation Newsletter - Issue #60
In the past week two high quality projects, dxDAO and Edgeware, launched lockdrops in which users can lock ETH to take ownership of the project. dxDAO has $12.1M worth of tokens locked and Edgeware has $12.45M worth of tokens locked. Locking ETH to participate in DAOs is a much better use of ETH than spending it to buy ICOs.
We think DAOs will make a resurgence over the next year as a way of distributing the ownership and coordinating the decision-making of online products.
Required reading this week
The MetaMask team provides a first look at detailed usage data from the MetaMask extension.
Blockchain fees are broken. Here are 3 proposals to fix them. — hackernoon.com
Haseeb Qureshi explains the three most important proposals on how to improve fees, including the EOS no-fee model, Ethereum's EIP-1559 that will probably be implemented this year, and a new proposal from researchers at Cornell.
Holographic consensus — medium.com
Matan Field explains how holographic consensus, the voting mechanism behind dxDAO and DAOstack, works and why it incentivizes good decision-making.
Digital Asset Custody — Primer and Landscape — medium.com
Chris McCann gives a short introduction on how custodianship within digital crypto assets is unique and a landscape of the existing participants in the market.
Solving Identity for the New Decentralized Economy — www.tokendaily.co
Imran Khan explores current identity problems and discusses why open finance, gaming, and other applications will not hit accelerated growth until identity is solved.
1confirmation portfolio viewing this week
Blockchain Interoperability — www.youtube.com
Sunny Aggarwal of Cosmos and Robert Habermeier of Polkadot discuss how we are at the dawn of a new era of cross-chain communication.
The State of Prediction Markets — www.youtube.com
Joey Krug of Augur and Pantera, Tom Kysar of the Forecast Foundation), Paul Fletcher-Hill of Veil, and Martin Köppelmann of Gnosis discuss prediction markets.
Commonwealth Show & Tell — www.youtube.com
Dillon Chen presents Commonwealth, a simple user interface for participating in governance for crypto networks.
bloXroute Show & Tell — www.youtube.com
Uri Klarman discusses bloXroute's testnet results demonstrating the scalability improvements it can bring to blockchains.
Stablecoins and the Future of MakerDAO — www.youtube.com
MakerDAO has been the breakout success on Ethereum. Steven Becker explains what the future looks like for the first major experiment in decentralized collateralized stablecoins.