Aegora.jp: An Explainer

Aegora.jp is a somewhat complicated system in that it directly uses on-chain contract call transactions as its payment method. This means that a sale’s status passes through phases that are governed by actions that occur on the chain which can only be initiated by transactions that are signed by the users and must be verified […]

Alternative Tracks

“How did you go bankrupt?” Bill asked.“Two ways,” Mike said. “Gradually, then suddenly.” Ernest Hemingway, The Sun Also Rises A cascade of financial crises are rushing across the Western world. Gradually Imagine a set of express trains that are all headed toward a single catastrophic, multi-track collision. Each train is heavily damaged already, but the […]

The USD is literally a diffuse, dupable NFT

Fiat currencies have reduced themselves to the level of NFTs. The USD is a perfect example of this. The story is fairly easy to understand. The story of NFTs Some intelligent people realized that smart contracts could be used to register ownership of a given contract by a given public key, and that contract could […]