Ethereum's primary aim is to offer its users access to trustless computing and storage capabilities. Historically, achieving trustless computation on Ethereum necessitated the execution and verification of computations across all nodes on the network. However, advancements in proving techniques have ushered in a new era where much of this computation can be offloaded to off-chain processors. This shift enables on-chain validators to simply verify the outcomes, transforming Ethereum into a global, immutable record-keeping platform.

This is a post I quickly wrote with my thoughts. It is not structured and should be treated as a draft of a longer piece I have planned of putting out, but I just wanted to share some stuff now.

This report presents an analysis and estimate of Coinbase's financial performance during Q1 2023. While most publicly traded companies report their financials quarterly, Coinbase's operations in blockchain-based activities provide a unique opportunity to estimate its revenue in real-time using an automated financial model. By combining on-chain transparent data with some reasonable assumptions, we can predict the company's quarterly results with a high degree of accuracy.

A month ago, I started creating Google Sheets dashboards to track various narratives I was bullish on. Some of them started to gain traction on Twitter, so I thought it would be interesting to do a small report on every dashboard I have created, so here we are.

In December 2020, Lido launched as a liquid staking solution for Ethereum and other proof of stake chains. This allows users to stake their tokens without having to lock assets or maintain staking infrastructure. With the launch of Lido came the issuance of 1 billion LDO tokens, which were distributed among a variety of stakeholders, including Seed Investors, Team and Validators, and the DAO treasury.