Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

OPTIMAL PULLOUT GAME FOR PROOF-OF-STAKE BLOCKCHAINS: A MECHANISM DESIGN APPROACH

Designing proof of stake exit queues requires proper optimization of security and flexibility with the intent of satisfying time constraints while minimizing disutility from waiting. When stakers have the same time sensitivity, a dynamic capacity first come first serve queue is ideal. When stakers have different time sensitivities, protocols should use a dynamic capacity protocol queue.

THE MARKET'S HOPIUM ADDICTION

In a recent meeting, the Fed acted responsibly by expressing uncertainty about inflation but may have missed the window to stimulate the economy. This author's biggest fear is that month-over-month inflation will start picking back up, raising concerns about the demand for long-dated US bonds. Current conditions do not bode well for parts of the market relying on abundant liquidity, and a liquidity air pocket will persist until there is better inflation data or the Fed capitulates on its inflation target to support the labor market.

47 USE CASES OF BLOCKCHAIN, PRIVACY, AND VERIFIABILITY

Privacy-oriented ZK L2 Aztec created a list of 47 use cases and 75 examples of how blockchain and ZK can solve real-world problems. The list includes programmable identity, combining datasets for research without disclosure, and private smart homes. More fun, out-of-the-box examples include planetary defense, which would coordinate cross-government systems without revealing sensitive information, and AI targeting that proves an object was targeted correctly without revealing how.

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