Blast From the Past - by Saurabh and Siddharth
Hello! Ethereum scaling has been one of the most worked areas in crypto. A new L2 that promises to scale Ethereum is announced every few days. Blast, a new L2, was announced on November 21. It has been discussed continuously for the past few days, and you may be tired of reading about it. I hope this piece leaves you with something different. We’re diving into Blast’s launch approach, the products the team plans to launch, how this impacts airdrops, the risk-free rate for the Ethereum ecosystem, and what Blast can potentially unlock. Interest or yield has been one of the core components of finance for centuries. Typically, interest rates are associated with time and risk. Risk is a spectrum. On one side (least risky) lie countries with stable governments and policies where doing business is easy. The other end of the spectrum (most risky) is penny stocks and unaudited smart contracts deployed by unknown developers. Everything else is in between. When you lend money to governments, int
Hello! Ethereum scaling has been one of the most worked areas in crypto. A new L2 that promises to scale Ethereum is announced every few days. Blast, a new L2, was announced on November 21. It has been discussed continuously for the past few days, and you may be tired of reading about it. I hope this piece leaves you with something different. We’re diving into Blast’s launch approach, the products the team plans to launch, how this impacts airdrops, the risk-free rate for the Ethereum ecosystem, and what Blast can potentially unlock. Interest or yield has been one of the core components of fin
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