Markets & Business
Innovation & Launches
Dynamic has announced a $7.5M seed round led by a16z crypto (2 minute read)
Dynamic is a web3-first multi-chain authentication and authorization platform. Its SDK allows developers to implement login, onboarding, and authorization in minutes. Dynamic's developer dashboard makes it easy to enable additional chains, manage users, implement onboarding flows, set up access lists, block wallets, and more. A short video overview of Dynamic's developer dashboard is available.
Guides & Resources
Goldfinch Deep Dive (8 minute read)
Goldfinch is a decentralized credit platform that enables loans without requiring on-chain collateral. It uses a 'trust through consensus' mechanism that allows lenders to directly evaluate the credit worthiness of potential borrowers. Goldfinch's system creates a more equitable distribution of capital to underserved markets where borrowers have solid performance histories but struggle to raise capital. This article explains how Goldfinch's mechanism works.
I feel like Taro is very under-understood, under-appreciated and under-hyped (3 minute read)
Taro is a Taproot-powered protocol for issuing assets on the Bitcoin blockchain that can be transferred over the Lightning Network. It allows every Lightning node to be an exchange. The protocol allows anyone to issue new cryptocurrencies that are instantly tradable across a wide and cohesive network. Taro could achieve more for Lightning than ERC20 did for Ethereum.
A thread on asset bubbles and $BTC (2 minute read)
Asset bubbles happen when investors overpay for assets using borrowed money. Market crashes trigger a cascading series of margin calls where investors are forced to sell as liquidity disappears. This results in a fearful market where no one wants to invest. It could take years before an asset returns to new highs. Investors are typically better off moving to better opportunities rather than fixating on gains that were lost. There can be massive rallies even during huge bear markets.
How will Solidity devs choose between the 20+ major EVM implementations that are out there? (3 minute read)
The Ethereum Virtual Machine (EVM) is the dominant smart contract execution architecture and Solidity is the dominant smart contracting language. There are now a lot of EVM-compatible chains that compete through fees, developer experience, security, throughput, values, ecosystem, and rewards. A typical strategy for many networks is to pump their tokens, create giant ecosystem funds to attract developers, use their treasuries to buy traction, then repeat. Despite these incentives, blockchains are not able to compete with Bitcoin and Ethereum on values.