decentralized systems
Coverage of decentralized systems in the Nexus archive.
- Is MEV extraction a tax or a service?
The article debates whether Miner Extractable Value (MEV) is a necessary cost of decentralized systems or a design flaw. It highlights MEV's dual role as both an incentive for validators and a transaction tax favoring infrastructure-heavy actors, questioning if MEV is a permanent feature with shifting revenue distribution.
- Why does web3 require on chain login?
The article proposes using an ESP32-based USB device for decentralized login via a browser extension, arguing against web3's reliance on on-chain logins and external authentication systems. It criticizes the need for fees and server dependencies in current login methods.
- My journey trying to build something useful
The author, a backend engineer, developed ETour, a fully on-chain, open-source tournament protocol on Arbitrum, emphasizing fairness, decentralization, and no reliance on traditional backend infrastructure. The project prioritizes real utility over speculative tokenomics, aiming to create a self-sustaining, decentralized competitive infrastructure.