Fee manipulation

06/26/20 • 20 min

The million dollar fees recently paid on Ethereum, independent of the actual reason or outcome of that particular story, serve as a good reason to review and discuss what types of problems can arise if fees are not taken into consideration when setting up security. Heists and blackmail are just the beginning of the potential risks. Crypto Finance's Head of Research, Dr. Lewin Boehnke, discusses the foundational problems and implications, giving basic best practices for the handling and defining fees for various lock-up arrangements.

Previous Episode

Bitcoin's intrinsic value

Our published podcast knowledge sessions usually refrain from discussing valuations. We sometimes hold such discussions internally, but they are typically not of interest after a few weeks and, as such, don't lend themselves to the format of an educational podcast. This discussion is an exception. The topic is the 'intrinsic' value of bitcoin. Despite existing definitions of 'intrinsic' in economics and philosophy, this value appears to be surprisingly ill-defined and prone to individual interpretation when it comes to bitcoin. The question comes up frequently, especially in discussions with a wider audience, and often with the goal of confirming out that bitcoin presumably has no such value. In this session, Crypto Fund's COO, Bernadette Leuzinger, moderates a lively discussion with several members of the Crypto Finance team, exploring the common ground for bitcoin, while looking at a few alternative examples of intrinsic value.

Next Episode

All the other memes - Signalling of the popular crypto assets

In a previous session we discussed bitcoin's "digital gold" meme. This time our Head of Research, Dr Lewin Boehnke, looks into the image that popular crypto assets aim at when portraying themselves, their goal and their target audience. This session explicitly does not go into how and how well each of the assets achieve their goal, which each could easily fill an episode on its own.