Collected writing and research from the Paradigm team

Joining Paradigm

7.24.2020 | Gus Coldebella

I’m happy to share that I’ve joined Paradigm, the crypto investment firm, as General Counsel. This opportunity is exciting because fostering crypto technologies, and supporting the founders who create them, is an [→]

Joining Paradigm

7.20.2020 | Georgios Konstantopoulos

I’m excited to announce that I’m joining Paradigm as a Research Partner to help Matt Huang, Fred Ehrsam, Charlie Noyes, Dan Robinson, Arjun Balaji, and the rest of team Paradigm to continue building the best asset management [→]

Funding Bitcoin development

7.1.2020 | Matt Huang

Significant value is stored in Bitcoin (at $150B+ market cap), yet Bitcoin software is maintained by a relatively small group of developers. Large corporations like Google or Boeing have legions [→]

Analysis of EIP-2593 (Escalator)

6.24.2020 | Hasu, Georgios Konstantopoulos

Today, we continue our analysis of blockspace market proposals by looking at EIP-2593, more widely known as “escalating bid algorithm”, or simply “escalator”. It is being advertised as an alternative to EIP-1559 with a [→]

Creators, Communities, and Crypto

6.17.2020 | Fred Ehrsam

Digital creators have exploded. They are increasingly looking for ways to grow, engage, and monetize their followings. Internet-native communities have also exploded. reddit’s communities have gone from obscure to mainstream. [→]

Analysis of EIP-1559

6.10.2020 | Georgios Konstantopoulos, Hasu

If implemented, Ethereum improvement proposal (EIP) 1559 will be the largest change to how users bid for blockspace in any of the major blockchains. While the proposed rules are relatively simple, the [→]

Bitcoin for the open-minded skeptic

5.11.2020 | Matt Huang

Originally published as a report for institutional investors: PDF Bitcoin has grown from idea (2008), to working system (2009), to its first real-world use at <$0.01 per coin (2010), to a [→]

7 Things To Read About Bitcoin (For Institutional Investors)

5.1.2020 | Matt Huang

After some quiet years, Bitcoin is top of mind again. We recently published a paper ("Bitcoin for the Open-Minded Skeptic") to help demystify Bitcoin for a new cohort of investors. [→]

The Yield Protocol: On-Chain Lending With Interest Rate Discovery

4.1.2020 | Dan Robinson

Read the paper here: PDF Abstract This paper presents a sketch of a new building block for decentralized finance: yTokens. yTokens are like zero-coupon bonds: on-chain obligations that settle on [→]

An analysis of Uniswap markets

11.1.2019 | Guillermo Angeris, Hsien-Tang Kao, Rei Chiang, Charlie Noyes, Tarun Chitra

Read the paper here: PDF Abstract Uniswap -- and other constant product markets -- appear to work well in practice despite their simplicity. In this paper, we give a simple [→]