Pinned
Kinda laughing right now because I spent almost five years working on a stablecoin named OUSD, that hit 280 million TLV.
I minted the first OUSD dollar ever 2,111 days ago.
Daniel Von Fange
@danielvf
Skilled Professional (most days). Defends against the bad guys.
East Coast
Joined September 2006
- I can now spell Byzantine in my sleep.
- Underrated: A system that can handle X number of bad actors actually starts getting hit at (bad actors + honest failures). In this sim of a network clock sync algorithm, you can see how a handful of temporary honest failures start tipping things in the presence of an attack.
- Lido has spent crazy time and money on knowing how much money they have staked on ETH, and still gets it wrong sometimes. It's impossible for code on Ethereum to know how much it has staked without external systems. This is such a terrible design choice.[Rebasing Miscalculation Incident] Lido contributors are investigating an issue related to today’s stETH rebase as reported by the protocol accounting oracle, resulting in a daily rebase APR of 2.04% instead of the expected 2.15%. This is not due to protocol penalties, and no
