Fault Tolerant
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    Fault Tolerant


    Musings from a fault-tolerant idea lab.
    • The Cosmos Security Handbook

      Part 1 - Core Chain

      By Roman Akhtariev and Alpin Yukseloglu

      Posted on January 16, 2024

      The defining property of the Cosmos stack is that it is unconstrained. The layers of the stack are porous and, to a sufficiently motivated developer, nothing is off-limits. From a security standpoint, this freedom can be terrifying. [Read More]
      Tags:
      • security
      • protocol design
    • Dangers of Portfolio Margining

      If everyone does it, how bad can it be?

      By Alpin Yukseloglu and Dev Ojha

      Posted on December 15, 2023

      Our industry has always had a particularly high appetite for leverage. Leverage-related products have long been the dominant driver of volume across all cryptoassets, and any new feature that has enabled users to safely take on more exposure for less capital has, for the most part, spread fast and far... [Read More]
      Tags:
      • perps
      • leverage
      • mechanism design
    • Fee Credits

      A fee mechanism that lowers costs and increases engagement for users.

      By Dev Ojha and Alpin Yukseloglu

      Posted on November 17, 2023

      In this article, we propose a “Fee Credit” system, which would allow users to earn non-transferable credits through various actions that benefit the network. These credits would then be used to pay for transaction fees, effectively reducing or eliminating transaction-related costs for many users. [Read More]
      Tags:
      • fee mechanisms
      • protocol design
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