Damus

Recent Notes

Max Hillebrand profile picture
So cool!
MDK just went through an audit, a bunch of fixes rolled out the last month.
There's also some breaking changes which we're going to release with a major version change soonish. Would be great if you find some more critical bugs that need a hard fork soon before we roll it out.
Max Hillebrand profile picture
Economic progress springs from four sources: division of labor multiplies productivity through specialization, capital accumulation transforms present resources into future productivity, technological progress generates non-rivalrous ideas that overcome physical limits, and entrepreneurial function coordinates everything through creative destruction. State intervention systematically corrupts each source by destroying the property rights and price signals they require. Cryptographic technology now enables these sources to operate beyond political interference.
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Max Hillebrand profile picture
Small businesses face 41-57% rejection rates for basic trade finance while the same banks hold $192 trillion in derivatives positions. Basel III treats a letter of credit backing real goods as riskier than abstract financial instruments that produce nothing. The system works exactly as designed: extracting value from those who create it, denying credit to those who need it most.
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