The hottest Smart Contracts Substack posts right now

And their main takeaways
Category
Top Technology Topics
Ronin’s Newsletter 98 implied HN points 20 Jan 25
  1. Sky Mavis is making changes to the $RON token supply to make sure the circulating supply matches what's in their whitepaper. By January 27th, the number of $RON tokens that are considered in circulation will go up to 61.9%.
  2. They are moving unlocked $RON tokens from some wallets to new ones, which will help increase transparency. This means that more tokens will be available for use and tracking will be clearer.
  3. Sky Mavis is also re-locking about 75% of their tokens for two years, showing their confidence in the project. This way, they are ensuring stability and commitment to the future of the Ronin network.
DeFi Education 479 implied HN points 10 May 24
  1. Using the Gnosis Safe multi-signature wallet can help keep your crypto secure, especially for large amounts. It's designed for Ethereum-compatible blockchains.
  2. This wallet requires multiple approvals for transactions, which adds an extra layer of security against unauthorized access.
  3. While there may be some gas fees and complexity involved, the protection Gnosis Safe offers can be worth it for serious crypto holders.
Dan Hughes 139 implied HN points 03 Jul 24
  1. Rollups and sharding are not the same. Rollups are like mini blockchains that still rely on Ethereum, while sharding would integrate more seamlessly and effectively.
  2. The rollup approach adds more complexity to the Ethereum system, causing challenges for developers in terms of security and performance.
  3. A single, unified execution environment would be more beneficial for scaling, rather than having multiple rollups with different rules and complexities.
Dan Hughes 99 implied HN points 12 Jul 24
  1. Atomic composability is about ensuring that all parts of a transaction either succeed together or fail together. This means if one part has a problem, the whole transaction fails to prevent inconsistencies.
  2. The commitment aspect is crucial because it locks in the changes made by a transaction on the blockchain. If this step is overlooked, users can face issues like wrong states or unfinalized transactions.
  3. Synchronous atomic commitment is important because it allows all transaction participants to agree and act in real-time. This avoids complications that arise when actions are taken independently and can lead to errors or hanging states.
DeFi Education 499 implied HN points 29 Nov 23
  1. Large Language Models (LLMs) are making it easier for people without coding skills to interact with the DeFi space. Now, you can ask questions and get quick responses without needing to be a tech expert.
  2. AI can help enhance the security of DeFi by automating smart contract audits and identifying vulnerabilities. This means it can make DeFi safer, but there’s also a risk that hackers might use AI for malicious purposes.
  3. LLMs can streamline tasks like monitoring Discord communities by filtering out spam and detecting issues. This could make managing online crypto communities much more efficient.
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DeFi Education 5115 implied HN points 20 Jun 21
  1. Decentralized finance (DeFi) allows people to lend or borrow using their crypto assets without relying on banks. This means you can use your Bitcoin as collateral to get a loan without selling it.
  2. Smart contracts are essential in DeFi, replacing middlemen with code to streamline financial transactions. This makes processes like taking out loans or trading assets easier and cheaper.
  3. DeFi aims to remove inefficient centralized systems, allowing for 24/7 trading and more access to financial opportunities. This could change how we invest, like through NFTs and other digital assets.
DeFi Education 699 implied HN points 02 Aug 23
  1. DeFi is trying to replace traditional banks with software, helping avoid the risky loans and bailouts associated with banks. It offers more transparency since anyone can see a DeFi bank's financial activities.
  2. Smart contracts are working well, allowing for borrowing, lending, and trading without the need for trust in government or banks. This makes it easier for people to control their assets, especially in emergencies.
  3. There are both opportunities and challenges within DeFi. While it has potential for profits and security advancements are improving, issues like software security and human behavior still need attention.
DeFi Education 779 implied HN points 10 May 23
  1. MEV, or Maximum Extractable Value, allows bots to profit by reordering transactions on the Ethereum network. This means they can buy what you want to buy before you, and then sell it back to you at a higher price.
  2. Sandwich attacks are when these bots place their transactions around yours, making them 'sandwich' your transaction and causing you to pay more. They monitor your trade and act quickly to exploit pricing changes.
  3. To protect yourself from these attacks, use decentralized exchanges (DEX) that have RFQ technology or aggregators. They help you get the best price without being targeted by these bots.
DeFi Education 659 implied HN points 14 Jun 23
  1. Uniswap v4 introduces new features like programmable 'hooks' that allow developers to customize trading pools. This means more flexibility for creating unique trading tools within the platform.
  2. The transition to smart contract wallets could improve security for users, making it easier to manage funds without relying on centralized services.
  3. There's a growing concern in the crypto community about moving away from open-source projects, which might limit innovation and user freedom in the decentralized finance space.
DeFi Education 539 implied HN points 28 Jul 23
  1. Worldcoin is being launched globally, except in the U.S. because of regulatory issues. This makes its rollout more complicated in the U.S. market.
  2. The project is compared to India's Aadhaar, which is a large biometric identity program. Both systems aim to provide a digital identity, but their approaches might differ.
  3. There are concerns about privacy and security related to biometric data in both Worldcoin and Aadhaar. People are worried about how their personal data will be used.
DeFi Education 459 implied HN points 19 Jul 23
  1. Curve Finance is a platform that helps users swap cryptocurrencies, especially stablecoins, and has launched a new stablecoin called crvUSD. This stablecoin is in beta testing and has gained over $100 million in total value locked.
  2. crvUSD introduces a unique 'soft liquidation' process that gradually adjusts collateral value instead of sudden sell-offs, which can protect users from significant losses when market conditions change.
  3. The crvUSD stablecoin will aim to maintain its value peg through smart contracts called PegKeepers and a dynamic borrowing rate system, but comes with inherent risks due to its newness and experimental nature.
Something to Consider 39 implied HN points 20 Jun 24
  1. Ethereum is a programmable blockchain, allowing for more than just currency transactions. It's unique because it can create smart contracts that automatically enforce agreed terms.
  2. It’s useful especially when contracts can be clearly defined and don’t require constant human input. Things like online services or products that are fully digital fit this well.
  3. Ethereum has potential for improving access to banking for underserved communities, like in Africa. Its ability to facilitate transactions without traditional banking could help many people who lack basic financial services.
Cryptocurrency and Friends 235 implied HN points 16 Feb 23
  1. Decentralization in rollups is about prioritizing one honest party over a majority of validators.
  2. Rollups use a trusted third party like a smart contract instead of an honest majority to determine truth.
  3. The goal of decentralization in rollups is to empower one honest party to make decisions for the entire system in critical moments.
DeFi Education 979 implied HN points 07 May 22
  1. Bitcoin created a public ledger that anyone can check, making it secure and decentralized. This means anyone can verify transactions without needing to trust a central authority.
  2. Ethereum improved on Bitcoin by allowing developers to create smart contracts. These contracts are automatic and can be used for many applications on the blockchain.
  3. Both Bitcoin and Ethereum showcase the importance of open-source technology in crypto, encouraging innovation and collaboration in the space.
DeFi Education 699 implied HN points 01 Oct 22
  1. Ethereum is moving from miners to validators with the new proof-of-stake system. This change affects how transactions are processed and who earns transaction fees.
  2. There are new opportunities for value extraction in this system, known as MEV. It's important for users to understand how this impacts their transactions.
  3. Staying updated with weekly roundups can help investors keep track of major events in the decentralized finance (DeFi) market. This can save time and provide valuable insights.
DeFi Education 539 implied HN points 20 Oct 22
  1. Regulating DeFi should avoid censorship of the blockchain. The foundation of blockchain technology is about freedom and allowing anyone to use it without restrictions.
  2. Decentralized finance (DeFi) protocols need to ensure transparency and honesty in marketing just like traditional finance, but regulation shouldn't stifle innovation.
  3. Bug bounties for hackers who find vulnerabilities are important. Both the community and protocol should share the responsibility for keeping systems secure and incentivize good behavior.
DeFi Education 859 implied HN points 23 Mar 22
  1. This post gives an overview of how to read smart contracts, focusing on Uniswap v2's structure. It's meant for those interested in understanding the basics of smart contracts.
  2. The author introduces key terminologies related to smart contracts, which will help readers grasp the concepts better.
  3. In the next part, the author will break down the code line by line, making it easier to understand what each part does.
DeFi Education 299 implied HN points 02 May 23
  1. On-chain reputation systems could create a new standard for assessing credibility, similar to credit scores in finance. If one system becomes widely adopted, it could make life easier for everyone involved.
  2. Different uses and needs could lead to multiple reputation systems thriving at the same time. Some might focus on specific skills or experiences, while others could center on financial history.
  3. Interoperability among systems can help share reputation data across platforms. However, not having just one dominant system might actually allow for more competition and innovation in the space.
DeFi Education 499 implied HN points 25 Oct 22
  1. Rising interest rates in traditional finance (TradFi) are making crypto investments less attractive, leading to a shift of funds back to safer, more stable options like US treasuries.
  2. MakerDAO is taking a risky approach by investing their USDC reserves with Coinbase, which could yield low returns compared to safer investment alternatives.
  3. New scams are emerging in the DeFi space, and investors should be careful to check transaction details to avoid losing money to these tricks.
DeFi Education 539 implied HN points 02 Aug 22
  1. Aptos is created by the original team behind Facebook's Diem project, using some of the same technology. This suggests they have a strong background in developing blockchain solutions.
  2. There are discussions about whether Aptos is similar to Solana or something entirely different. Understanding its unique features could be key for those interested in blockchain.
  3. The closure of Diem shows that major tech companies face challenges in the crypto space. Aptos can learn from these experiences as it develops its platform.
DeFi Education 699 implied HN points 23 Feb 22
  1. DeFi can offer better loan rates and options because it connects borrowers and lenders globally. This means you can find better deals without the hassle of going through several banks.
  2. Smart contracts in DeFi allow for more flexible loan agreements, where terms can change based on various factors. This could create new ways to pay off loans that aren't just copies of traditional banking methods.
  3. There are still big issues in DeFi, like confusing systems and over-centralization. Improving user experience and providing clearer information about projects can help more people safely use DeFi platforms.
DeFi Education 539 implied HN points 28 May 22
  1. Decentralization can make USDC more resilient and secure. It could reduce the risks linked to central authorities managing it.
  2. The idea is to explore how USDC could be transformed to operate effectively in a decentralized environment.
  3. Discussion and research in decentralized finance (DeFi) could spark new ways to innovate existing systems like USDC.
Ronin’s Newsletter 12 implied HN points 12 Nov 24
  1. The Katana V3 Upgrade will let users have more control over fees and reduce slippage. This is expected to happen by the end of November after a final review.
  2. Liquidity providers will be able to set specific price ranges for their assets in the new upgrade. This gives them better chances to earn rewards and helps traders get better prices.
  3. The upgrade aims to make the trading experience smoother and more efficient. It will also help support more token listings in the future.
DeFi Education 739 implied HN points 23 Sep 21
  1. Smart contracts can make insurance claims faster and cheaper by cutting out unnecessary overhead costs.
  2. The insurance industry has huge operational costs estimated around $900 billion, and smart contracts could reduce these significantly.
  3. Decentralizing insurance through technology is still new, which means there's a big opportunity for growth and change in the market.
DeFi Education 519 implied HN points 27 Mar 22
  1. Understanding smart contracts can be technical and may require some coding knowledge. It's important to build a foundation before diving into complex topics.
  2. Part 1 of the series offers a good introduction for beginners, while Part 2 is more suited for those with prior experience.
  3. Reading smart contracts is essential in the DeFi space, as it allows users to make informed decisions about their investments.
skry 58 implied HN points 09 Mar 23
  1. Avatar-Centered Design is essential in the metaverse and web3 to understand avatars' significance and influence.
  2. The increasing importance of digital avatars is driven by trends like self-expression, NFTs, and avatar interoperability.
  3. For Avatar-Centered Design, it's crucial to consider questions about avatar interoperability, value sources, and point of transfer.
Untangled with Charley Johnson 19 implied HN points 11 Feb 24
  1. Crypto industry needs to work on earning public trust and creating real value in the world
  2. To move forward, the crypto industry should focus on understanding how blockchains interact with social systems
  3. The e-book 'Crypto Untangled' aims to help people understand what's happening in the crypto world and encourage industry participants to address blindspots
The ZenMode 42 implied HN points 05 Mar 23
  1. Gas price on a blockchain is like a fee you pay for transactions to be processed faster.
  2. Smart contracts on a blockchain are like self-executing agreements that automate processes based on code.
  3. Smart contracts involve agreement between parties, coding in Solidity, execution on the Ethereum Virtual Machine, and inclusion in the blockchain by miners.
Coinsights 38 implied HN points 02 Mar 23
  1. Smart contract wallets provide an enhanced wallet experience by enabling features like multi-user transactions and spending limits.
  2. Smart contract wallets still require an EOA to initiate transactions, but new advancements like Account Abstraction may change this in the future.
  3. Although smart contract wallets offer customizability, they come with downsides like deployment costs and hacking risks.
Coinsights 38 implied HN points 22 Feb 23
  1. EVM supports two types of accounts: Externally Owned Accounts (EOAs) and Contract Accounts (smart contracts)
  2. EOAs are controlled by private keys and can initiate transactions, while smart contracts run on code and cannot initiate transactions
  3. Smart Contract Wallets (SCWs) enhance wallet experience by utilizing the customizability of smart contracts