The paper proposes distribution markets, prediction markets where traders express beliefs over a continuous range of possible outcomes rather than choosing among fixed options. Its example is a forecast of an event’s timing: participants can trade a full…
Knowledge library
Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
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5,922 documents
The paper presents Across Prime, a bonded design for fast cross-chain bridges. In conventional escrowed bridges, users pay into an origin-chain contract, and relayers advance their own funds on the destination chain while waiting for fulfillment…
The essay describes a competitive pattern in layer-one blockchains: a new network can attract users by challenging assumptions that have become central to an incumbent’s identity. It gives examples involving programmability, validator participation, and…
The document frames blockspace as a scarce resource sold through a decentralized market. Users signal demand with transaction fees, while miners supply transaction inclusion and network security. It applies market-design criteria—depth, safety, and…
This roadmap presents the Reth team’s view of what Ethereum should prioritize after Pectra, with a proposed Fusaka release in the third quarter of 2025 focused on scaling layer-2 networks. Recommended work includes PeerDAS and a higher blob target, EVM…
The article explains a vulnerability in an older version of Geth’s fast-sync state downloader. Full synchronization independently executes transactions, while fast sync downloads state data from peers and checks it against cryptographic trie roots. The…
The brief challenges the US Treasury’s authority to sanction Tornado Cash, arguing that the protocol’s open-source code is not a person, entity, or property subject to sanctions. It disputes the claim that developers and TORN token holders formed an…
The document introduces the Rainbow Network as a design for an off-chain, non-custodial exchange and payment system. It proposes supporting synthetic versions of assets when counterparties can agree on a price oracle, allowing users to trade, borrow, lend,…
The document outlines Reth’s proposed route to higher Ethereum Layer 2 throughput and recommends measuring EVM performance in gas processed per second. It describes a scaling program that combines single-machine improvements with architectures that…
RICKS proposes fractionalizing an NFT through recurring issuance and auctions. The protocol continuously creates new shards at a set rate and sells them, distributing auction proceeds to existing holders as staking rewards. This design aims to preserve a…
Gradual Ownership Optimization (GOO) is an issuance mechanism for ecosystems where NFTs generate a fungible token. It aims to keep token and NFT ownership aligned by making each NFT’s emission rate depend on the square root of the tokens already held in its…
This security write-up describes how a researcher found a flaw in Etherscan’s Solidity contract verification process. The verifier treated bytecode regions resembling embedded metadata as variable, even when similar-looking bytes appeared inside executable…
The document examines insurance for protocols and decentralized organizations as a potential DeFi building block. It frames the market as serving three groups: users seeking protection, traders speculating on failure risk, and investors seeking yield. This…
The document argues that stablecoins can improve digital payments through public blockchain infrastructure, programmability, and composability. It proposes regulatory principles that address user and financial risks while preserving access, competition, and…
The document proposes replacing Ethereum’s MEV-Boost relays with direct, private communication between block builders and proposers. Its design uses silent threshold encryption with validators’ existing BLS keys: a builder encrypts a proposed block for a…
The document explains how to adapt the incremental reward accounting used for Uniswap v1 and v2 to Uniswap v3’s concentrated liquidity. In earlier versions, a staking contract tracks a cumulative reward-per-liquidity value as users enter or leave. Each…
The document surveys North Korean cyber operations that threaten cryptocurrency organizations, distinguishing activity associated with groups such as Lazarus, APT38, AppleJeus, and TraderTraitor from schemes involving North Korean IT workers. It describes…
This guide explains how researchers can assemble granular data on fiat-backed stablecoin activity directly from Ethereum. It scopes the example to five USD-denominated tokens and focuses on mint, burn, and transfer events. Rather than run a full node, the…
The essay argues that DeFi lending should be assessed according to its users and market structure, rather than treated as a direct substitute for bank lending. It describes collateralization as a spectrum that trades capital efficiency against risk and…
The paper proposes Orbital, an automated market maker designed to extend concentrated liquidity from two-asset pools to pools with three or more stablecoins. It represents liquidity ranges as nested ticks around the point where all coins have equal value.…
The article explains how automated market makers quote prices and why a trader’s average fill can differ from the marginal price. For a constant-product pool, the reserve ratio determines the current marginal price; a trade shifts that ratio, so larger…
The article explains design choices behind Optimism’s early optimistic rollup system, with emphasis on reusing Ethereum’s developer stack and preserving familiar tooling. Its central execution mechanism is the Optimistic Virtual Machine, which replaces…
The document summarizes Paradigm’s recommendations on the FCA’s proposed application of its Handbook to cryptoasset activities. It argues that regulators should define decentralization using technical criteria such as control of admin keys, on-chain…
The paper proposes organizing financial assets into parallel “verses,” each representing an event or set of possible outcomes. Assets tied to the same event can be used together: for example, collateral and borrowed tokens that both become worthless if the…