Modern Monetary Theory (MMT) has been a minor heterodox economic school in academia for the last couple of decades. Its stature in public policy and academic circles has grown mostly through a very informal academic blogosphere that emerged in the late 1990s and 2000s outside of the academic institutions themselves. Inspiration for MMT can be traced back to the thinking of the economists George Friedrich Knapp, Hyman Minsky, and Wynne Godly who all advocate for an active government that would take decisive actions in financial markets and the economy to curb excesses and optimize output. The founders and most well-known…
With the continued proliferation and growth of blockchain-based networks, it has become pretty clear that technologists and investors who dominate the crypto market are creating a multi-chain world. This may cause tribalists of any particular chain considerable consternation but many chains have and will continue to attract capital, users, entrepreneurs, and developers despite anyone’s particular objections.
Many in the crypto community have dreamed of connecting these different chains in ways that end the era of insular, isolated networks we’ve been in and move us towards a highly interoperable techno-financial system. …
Ethereum Improvement Proposal (EIP) 1559 has generated incredible excitement over the last few weeks throughout the Ethereum community. This EIP is a redesign of the Ethereum fee market, motivated by a desire to improve the user experience, which can be volatile and expensive due to rapid fluctuations in demand for block-space. These wild swings in demand make it extremely difficult for wallets like Edge to estimate the appropriate fee level for users, resulting in both needlessly high fees and dropped transactions.
However, the original purpose, improving the user experience, is not the source of most of the community’s excitement. As…
We currently support two sets of interest-bearing tokens in Edge, cTokens and aTokens, with the possibility of more sets being added in the not too distant future. The specific tokens we support are generated from the operation of the Compound (cTokens) and Aave (aTokens) money market dapps.
Aave and Compound depositors earn interest paid by borrowers, much like the traditional financial system, but instead of a bank and the legal system mediating these flows, all lending and borrowing activities are automated, publicly auditable, and have no downtime thanks to the properties of the Ethereum blockchain. You can think of the…
In the latest release of Edge we’ve added a fairly large basket of ERC-20 assets to the wallet. We’ve all watched DeFi (Decentralized Finance) on Ethereum explode over the last year and a half, all while the actions of our legacy institutions have made it hard to ignore the importance of permission-less and transparent financial markets.
Given this backdrop we want to give our users as much exposure as possible to the most innovative projects in decentralized finance, setting the stage for deeper integrations with protocols that give users access to financial resources and opportunities they may have never had…
As long time supporters of our company know, the first product we launched to market in 2014 was Airbitz — a mobile Bitcoin wallet, focused on the ability to send and receive BTC between peers and merchants, with a built in business directory to facilitate just that. As the market for crypto assets expanded rapidly, with a widening focus on buying, selling, and trading an ever growing expanse of assets, our business model shifted with the times. These changing market conditions motivated the launch of Edge in February of 2018, a separate application from our legacy project, Airbitz. Edge 1.0…
2020 is a year most people would like to forget. A rare, once in a generation culmination of a worldwide pandemic, civil unrest, and political turmoil. It shed light to the barely understood and underestimated effects of human isolation. It is a year where technology rose to the occasion to keep us connected, entertained, and for the fortunate ones, employed. For those of us connected to cryptocurrency, it reinforced the value of sound money in a world with near endless devaluing of government money.
Today I would like to share what 2020 was like for us here at Edge, our…
The Aragon Network was one of the early projects to launch on the Ethereum network in mid-2017. The white paper was released on April 20th, 2017 and shortly after, the sale and distribution of the Aragon Network Token (ANT) commenced. ANT was one of the earliest governance tokens that could be used to participate in the Aragon DAO.
What is Aragon?
The Aragon Network provides basic ethereum based services that are needed to make decentralized organizations possible and widespread on ethereum.
Aragon is a meta-DAO in the sense that the Aragon Network is a DAO that has created a Dapp that abstracts the…
Dogecoin is one of the oldest cryptocurrencies, being used by cryptocurrency enthusiasts all over the world for over six years. Dogecoin was a part of a mini alt-coin boom that was created in the wake of a huge Bitcoin bull run in 2013. Whenever a technology, company, or person has success you can almost guarantee there will be a round of copy cats trying to capture a part of that success.
The first altcoin was Namecoin, next came Litecoin, then came our beloved alt-coin boom in 2013 that bequeathed us Dogecoin. Much wow. Much riches.
Many alt-coins in the early…
We know that Satoshi and Hal Finney were the earliest miners, with many more coming after, but the first year of Bitcoin mining was very static and boring. The network’s hash-rate was stuck at a max of 7 million hashes per second, which could have been created by no more than 100 people with CPUs. Most of the time it was probably much less than 100 people with CPUs. For a full year, anywhere from two people to a few dozen people were running the bitcoin network. …
Brett Maverick Musser
Dude bein a guy @Edgewallet, Security Platform and Crypto-Asset Wallet
