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Gaussian Markets: A Continuous Prediction Market Protocol

The full paper for this research is available here. Prediction markets are very interesting financial primitives: they are ultimate truth machines, purely driven by incentives. However - prediction markets have a problem: they

4 min read Daniel Hong

Why Stablecoins Fail

Stablecoins are having a moment. You can send money anywhere in the world in a few milliseconds with a single click. You can hold something like U.S. dollars even in environments

16 min read Daniel Hong

Eat your own coins

The concept of "dogfooding", or "eating your own dog food", is often considered as one of the most fundamental principles of software development and most software-based businesses.

9 min read Daniel Hong

Admitting failure; moving on

For the past 10+ years, my "secret sauce" for growth was self-torture. I have continuously pushed myself beyond what I am actually capable of at the time. That included

7 min read Daniel Hong

Thoughts on The Three Transitions

Why fat protocols failed and how we can enforce openness without going against market dynamics

13 min read Daniel Hong
Logic is fictional

Logic is fictional

A thesis on how human thinking and collaboration should move forward

16 min read Daniel Hong