The Brale team spends an inordinate amount of time these days talking about, thinking about, and working with folks new to DeFi protocols. Most of the world's CeFi & TradFi leaders still need to wrap their heads around gas fees which frequently come up as a barrier to entry. Showing someone gas fee trackers rarely… Continue reading Abstracting gas fees
Since I wrote the original value layer blog post, I've wanted to expand on the idea and start cataloging the different global systems connected through these primitives. At one point, I had hoped to get folks to contribute to it as an open-source project. Due to time constraints, that never happened, but I finally had some time… Continue reading The Value Layer – Expanded
Iowa capital pools, venture funds, and venture-funded businesses are everywhere. Ten years ago, a friend once said something like, if you blew up the room Dwolla launched in 2010, it would set the ecosystem back 20 years. That might have been true then, but it's certainly no longer valid. Searching available capital in the state… Continue reading Who is investing in Iowa?
At Money 20/20 last week, a topic that came up over and over in discussions was blockchain performance compared to traditional databases used to ledger transactions. One must be excellent at double-entry bookkeeping and performant state machines to use a traditional database to ledger transactions. The overwhelming majority of banks and FinTechs use this approach… Continue reading Traditional Ledgering and Blockchains
The old saying goes something like, "fast, cheap, and good. pick two ". There are even lovely Venn diagrams all over. Like this one 🙂 This idea tends to fall into conventional wisdom and applies very well to most things. It has often come up in the context of Transfer Types and various payment providers.… Continue reading What if you don’t have to choose?
Sharing observations and findings after spending more time in the DeFi world has been a fun part of the journey. It helps communicate to people inside of traditional finance environments and those outside them.Talking about moving money in a traditional environment very quickly focuses on transfer types and funds flows. Transfer types are typically mono-rail-type… Continue reading Mono-rail to no rails
It has been surprising how much discussion has been about creating new regulatory frameworks, particularly for fiat-backed stablecoins. Surprising because the current framework works well for fiat-backed stablecoins, something that is pretty boring if done correctly. The regulation is unclear when applying current regulation to other forms of stablecoins, like algo-stables. The current regulatory structure in the… Continue reading Payment regulations and the evolving value stack
Matt Harris did this fantastic talk about the verticalization of FinTech a few year ago. The TL/DR for me is that a lot of high-value technology will be built and scaled across several customer verticals. If you have some time, I suggest watching the video below. https://www.youtube.com/watch?v=vVrQW3jwCjU These horizontal technologies are compelling. I am biased… Continue reading Verticals to Ecosystems
The team at Brale hires infrequently but did post a few new roles today. This quarter we have two open roles; brief descriptions are below. Brale is distributed, though we keep an office for private working sessions. Everyone on the team has 10+ years of experience in their respective field, and everyone is in the work. For some personalities,… Continue reading Infrequent Hiring
Harper was posting random things about Midjourney last night and it got me thinking about this entry. What led me to Midjourney was an internal project at Brale intended to understand some different blockchains and functionality that could be supported in NFTs. The result of the project was a NFT series called Gone Missing and… Continue reading Exploring Computer Generated Art