Nat Eliason on decentralised exchanges: “The Uniswap decentralized exchange does over $1b in daily cryptocurrency exchanges. It holds $7.55b worth of cryptocurrency in its smart contracts. Not in a bank account, or on a centralized exchange like Coinbase, but in lines of code running on the Ethereum blockchain. What Coinbase does with 1,700 employees, Uniswap does much of with 13. The protocol runs completely autonomously, trades happen with no human involvement, prices are set automatically, liquidity is added and removed by anyone in the world, and support happens organically in their Discord. Decentralized Exchanges like Uniswap are one of the first killer apps in crypto. They’re replacing a core piece of the Traditional Finance infrastructure, and doing it with 1/100th the headcount.”
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WSJ: “The energy that fusion releases is phenomenal. Fusion doesn’t have the same possible dangers that make fission reactions so dreadful, and its radioactive waste is little and short-lived. It doesn’t lend itself to building nuclear weapons. What’s not to like? Ever since scientists have understood the natural laws behind nuclear fusion, they’ve tried to harness its power in a laboratory. In his new book the plasma physicist and science writer Arthur Turrell calls them “star builders,” the researchers and engineers who want to create a small star on Earth.”
