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Monthly Chartbook - A New Consensus?
ABC News The “Washington Consensus” refers to the set of economic policies that the United States and...Following the Cold War, this “consensus” became gospel....The adverse impact of the old Washington Consensus is not lost on President Biden....In Sullivan’s view, these challenges “demand that we forge a new consensus.”...
27 Min
Macro & Markets
May 2023
Don't Overload Ethereum's Consensus
Vitalik released a new blog post yesterday with the title: Don’t overload Ethereum’s consensus....It’s not just the impact on ETH’s consensus that a stETH attack would have, but the dominoes of being...a social divergence between rollups like Arbitrum and Optimism; they do not share Ethereum’s social consensus...
3 Min
Staking
May 2023
Monthly Chartbook - A New Consensus?
Ever since the fall of the Berlin Wall in 1989, the Washington Consensus has been the dominant paradigm...The “Washington Consensus” refers to the set of economic policies that the United States and international...However, in recent years, this consensus has shown signs of fraying.
1 Min
Macro & Markets
May 2023
Exclusive 30% Discount to Consensus for Pro Members!
Look no further than Consensus 2024 – your exclusive pass to 3 days of cutting-edge conversations, networking...Act now and get 30% off your Consensus ticket by using code DELPHI when registering here....Consensus has become the biggest and most established global hub for all things crypto, blockchain and...Look no further than Consensus 2024 – your ex...
1 Min
Other
May 2024
We're In Goblintown & The Return Of Wolf Game
State of the Market The consensus is that we’re in a bear market right now: the question on most people...State of the Market The consensus is that we’re in a bear market right now: the question on most people...
13 Min
NFTs
May 2022
Building in DeFi doesn't have to suck
I talked to a few developers of the leading DeFi projects to get their take, and this is the consensus...We talked to a few developers of the leading DeFi projects to get their take, and this is the consensus...
3 Min
Vaults
Jan 2021
It Might Soon Be Flow Time
It does this by employing a novel multi-role architecture which allows consensus to be separated from...Perhaps the key component of their approach, as described in their original technical paper, was that consensus...Non-deterministic tasks can be thought of as “subjective”, i.e. relying on some form of consensus mechanism...
9 Min
Layer 1 / L1
Oct 2020
WTF Is Anoma? Part 3: WTF is Typhon?
We now shift our focus to Typhon; Anoma’s mempool, consensus and execution engine. ...In Comet there are 3 steps in consensus: propose, pre-commit, and commit....consensus on metadata is cheap....Consensus gets rid of the “baggage” that is transaction data which just skips consensus and goes straight...
28 Min
Layer 1 / L1
Oct 2023
Pay Attention To Celestia
Typically, consensus and validity are referred to as one and the same....Just like any L1 blockchain, Celestia implements a consensus protocol (Tendermint) to order transactions...So how does Celestia achieve unmatched scalability and what does decoupling execution from consensus...new challenge in consensus governance.
25 Min
Proof-of-Stake
Feb 2022
Vitalik's Warning
...recent blog post published by Ethereum co-founder Vitalik Buterin titled, “Don’t overload Ethereum’s consensus...In his view, it’s crucial that Ethereum social consensus always stay neutral in a potential conflict...We think hard forks at Ethereum layer should be reserved for consensus layer errors (if any) and consensus...
7 Min
Staking
Jun 2023
Something’s Gotta Give
When consensus starts to gravitate towards one side, it doesn’t take much to rock the boat.
7 Min
Macro & Markets
Jan 2025
The Future of ETH Liquid Staking
Introduction Proof-of-stake (PoS) is a consensus mechanism used in blockchains to process transactions...Rewards for staked ETH come from two sources — the consensus layer and the execution layer....The consensus-layer rewards are fixed, and emitted based on the amount of ETH staked....Consensus-Layer Rewards: As mentioned above, yields decline as more ETH is staked.
15 Min
Liquid Staking
Jan 2023
Aptos: Infrastructure for the Financial Internet
The upcoming Raptr consensus update and BlockSTM v2 are instances where Aptos independently swaps consensus...Consensus on metadata and proofs instead of full transactions....These stages are “shadowed” by consensus rounds....Consensus Scalability – Quorum Store Most consensus mechanisms are monolithic.
30 Min
Infrastructure
Apr 2025
...and verify their signatures (consensus votes)....We have evaluated projects that primarily focus on proving the consensus of Cosmos chains....This consensus is run by the sync committee....Succinct’s future roadmap involves proving the full Ethereum consensus....The verification logic of ZK-bridges is tightly coupled with consensus.
18 Min
Bridges
Feb 2023
Diving Deep Into Avalanche
I’ll start by explaining the consensus mechanics where I’ll cover its capabilities and limitations....It uses Snowman Consensus....It also uses Snowman Consensus....Optimizations on X-Chain X-Chain is run on Avalanche consensus....This is completely different from the consensus performance mentioned before.
30 Min
Layer 1 / L1
Mar 2021
Sui Network: Demystifying the Monolithic Contender
Owned objects do not require consensus for state changes....eliminating the need for additional communication overhead during consensus....They act as intermediaries between the consensus layer and the execution layer....This affects how transactions are disseminated and the consensus is reached.
43 Min
Layer 1 / L1
Dec 2024
Sui's Q1 Wrapped: BitcoinFi, MEV, and Scaling
...object-based fee markets and MEV-aware optimizations, including prioritized transaction submission and consensus...Traditionally, a Sui validator was monolithic, handling consensus, data fetching, and state execution...design, where consensus is achieved over batch metadata instead of full transaction data....SIP-45 adds consensus amplification.
13 Min
Infrastructure
Apr 2025
Supra - Vertical Integration with The Intralayer
Supra utilizes a formally verified consensus protocol called Moonshot. ...connection with every other consensus node....To this end, SupraChain uses the BFT Moonshot consensus....Traditional BFT protocols require a consensus of 67%, but  Supra can increase the required consensus...
39 Min
Infrastructure
Apr 2024
Solo, Liquid, or Centralized: A Guide to Staking ETH
Binance: Users retain all consensus layer (CL) rewards, while Binance retains all execution layer (EL...clients assume a free service AWS-Hosted Execution and Consensus Client + AWS-Hosted Validator:...Third-Party Execution Client + AWS-Hosted Consensus Client + AWS-Hosted Validator: This setup is more...
16 Min
Liquid Staking
Jun 2023
The Hitchhiker's Guide to Ethereum
The consensus layer does not interpret the shard data....The upgrade from PDS to DS then only requires consensus layer changes....Data blobs are fully downloaded by consensus clients in PDS....Consensus client (f.k.a....After the Merge Today’s Nakamoto Consensus is simple.
51 Min
Layer 1 / L1
May 2022