The Ratchet
Why everything in British public life only seems to move in one direction, and why nobody can say so
Nicholas Hill
Blockchain dev and security researcher
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Latest posts
ASML Will Die
ASML Holding N.V. is the most valuable company the European Union has ever produced. The prediction is eclipse, not bankruptcy, and the Union’s own structure has already settled it.
Who Controls Your DeFi Deposits?
A cross-chain governance audit found that what DeFi users are told and what is actually happening on-chain are not the same thing; without governance safeguards, nothing constrains the gap.