DeFi in Eth2: Cities, suburbs, and farms
Ethereum today is incredibly congested—it’s even more congested now than it was during the height of the ICO bubble.
haseeb qureshi
Haseeb Qureshi is an investor, software engineer, author, effective altruist, and former high-stakes poker pro. In his blog, he explores cryptocurrencies, blockchain, software, and altruism.
Latest posts
What explains the rise of AMMs?
Imagine a college friend reached out to you and said, “Hey, I have a business idea. I’m going to run a market making bot. I’ll always quote a price no matter who’s asking, and for my pricing algorithm I’ll use x * y = k. That’s pretty much it. Want to invest?”
Why Decentralization Isn’t as Important as You Think
If you’ve spent any time at all on crypto Twitter, you’re familiar with the web3 narrative. It goes like this: in the beginning, the web was “truly decentralized.” Against all odds, the World Wide Web won against the corporatist designs of companies like Microsoft, and cyberspace became the territory of hobbyists and hackers. The Internet was henceforth enshrined as a neutral platform. And any…
Flash Loans: Why Flash Attacks will be the New Normal
Flash loans have been the center of attention lately. Recently two hackers used flash loans to attack the margin trading protocol bZx, first in a $350K attack and later in a $600K copycat attack.
The Life and Death of Plasma
By Haseeb Qureshi and Ashwin Ramachandran
Launching the Introduction to Cryptocurrency
Today I’m launching Introduction to Cryptocurrency, an online course teaching the basics of programming cryptocurrencies. The first two modules are already released, and the remainder of the course will be coming out over the next few months.
Another decade
I recently turned 30. When the decade began in 2010, I was still 20, a professional poker player, a college dropout, and deeply unhappy. What did I believe I’d be doing a decade later? I don’t think I knew, only that I definitely wouldn’t be playing poker anymore. I’d be doing something much more valuable to the world, I thought. But I had no idea what it might be.
How DeFi cannibalizes PoS security
On-chain lending has become the most popular decentralized finance (DeFi) application today, with over $600M in loans originated this year across MakerDAO, Compound, and dYdX. On-chain lending has the potential to disrupt traditional secured lending. But it seems it may do more than that: it might also disrupt proof of stake consensus.
Ethereum is now unforkable, thanks to DeFi
By Haseeb Qureshi and Leland Lee
So you want to build a crypto startup?
I’m a crypto VC. That means I spend my days talking to crypto entrepreneurs, hearing pitches, and evaluating products. The first thing you realize working in this industry is that pretty much everyone is winging it. (That applies to me, but it especially applies to founders.)