Blake

A sign of the times

  • 7 Posts
  • 127 Comments
Joined 1 year ago
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Cake day: July 3rd, 2023

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  • BlaketoHavenoRetoSwap and the Kewbit drama
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    16 days ago

    Yea i remember the period when localmonero was shutting down and haveno was being touted as the alternative. Haveno reto became the only functioning instance, i tried 1 other but it was empty. Thus by network effect /early adoption reto got a monopoly. Even though the ideal case - many haveno networks competing - is not true i think that we arent in a great position.

    All that said, coders dont work for free and a decentralised xmr fiat exch is a big ask to be funded by piecemeal donation or tiny fee acumulation. So retos what weve got for now but its rebrand is bad pr.

    Ps. We use tradeogre without knowing the dox or codebase. . .


  • Heres the thesis

    Our categorization is based on two key dimensions, resultingin a 2× 2 matrix that classifies stablecoins into four types. The first dimension pertains to thesourceof collateral,i.e., whether it comes from an exogenous source (such as fiat money and goldreserves) or an endogenous source (such as crypto assets like sUSD and TerraUSD). The second dimension pertains to the managementof collateral,i.e., whether a central entity or mechanism manages pooled collateral and decides when to expand or contract supply, or whether individualsmanage their collateral “decentrally” (i.e., in a decentralized way) and mint and burn stablecoins to adjust supply.

    Interesting analysis. Conclusion. . . More regulation required!

    Well my opinion is that stablecoins will be the form of money in the not too distant future. And are the eponymous cbdc. See my article: https://blakelovewell.com/stablecoins-the-future-of-money/

    Also witness the attempted rehabilitation of tether under trump 2.0: https://www.calcalistech.com/ctechnews/article/uqakmywx7









  • BlaketoMoneroMonero, Haveno and Russian sanctions
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    2 months ago

    check out my latest article on BRICS Pay and their proposed crytpocurrency: ‘the unit’

    https://blakelovewell.com/brics-coin-the-unit-vs-the-dollar/

    russia is full tilt heading towards a cbdc system,

    but building a parallel financial infrastructure, along with the rest of BRICS, outside of USA/Western control


    regarding Haveno - it’s early days. localmonero was big here in the UK but got scared off with the latest tranche of anti-crypto legislation

    haveno isn’t big at all, usually I see <10 nodes running at any one time. But if it’s the only option then it will catch on. necessity is the mother of invention!