Traditional Investment Manager Adoption Guggenheim Partners – a £315bn US investment firm has publicly stated their view of a potential for Bitcoin price to reach between $400k and $600k in the long term. They have also submitted a filing with the SEC for registering the Guggenheim Active Allocation Fund which will invest in financial products, such as derivatives, whose value…
At Ghost staking we feel that lessons and analogies for crypto investment and specifically our investment in CSPR can be ascertained from analysing the following non-exhaustive key topics: Coin specific information and data Crypto generic market information and data Market trends in other asset classes Macro economic change Regulatory impact Structural shift in market behaviour Historic events Specifically in this…
What is CBC : Correct-by-Construction? In an earlier post we saw how consensus protocols form the very fundamentals of blockchains where independent nodes validate transactions on the network, i.e. the very basic concept of decentralized ledgers. There are then two critical security properties that we must consider for any consensus protocol: safety and liveness. Safety: A protocol is safe if…
Consensus protocols form the very fundamentals of blockchains where independent nodes, validate transactions on the network, i.e. the very basic concept of decentralized ledgers. A network becomes susceptible to attack if any malicious entity gains control of 51% of the network (known as a 51% attack). Before we move on to cover the principals of CBC (Correct-By-Construction) protocol, as used…
US Crypto Regulation US financial authorities are planning to take a more active role in regulating so we thought we would cover a few key points in this post. The opinion of the team at Ghost Staking is that greater regulation is a good thing and required to push adoption of crypto more into the mainstream. One sign of greater…
There are two separate consensus algorithms defined as being Casper protocols FFG – Friendly Finality Gadget CBC – Correct By Construct aka ‘Casper the friendly GHOST‘ Currently Ethereum is a Proof-Of-Work (POW) blockchain. This means it is constrained by the same drawbacks as all POW blockchains, namely efficiency and security, read more about consensus protocols here. Because of this, the…
Ghost (Greedy Heaviest Observer SubTree) was initially proposed for the Bitcoin blockchain and solves for some of the security and efficiency problems currently seen with that and other Proof-Of-Work blockchains. Before we explore some of the high-level details of this protocol and also how this lead to the creation of the Casper protocols (FFG & CBC) and development of the…
Risk-ON vs Risk-OFF, Value vs Growth
As crypto is increasingly becoming considered an asset class (discussed within our regulation and banking adoption posts), it is important to understand the characteristics of the market such that we can start predicting future demand. In this article we shall introduce some basic classifications of asset classes and further elaborate upon this in later posts where we shall discuss macro…