I’m π, a mathematician by passion, and a software engineer by trade. I'm most well known for my role as CTO at SundaeSwap Labs, and for my passion for educating people. I run a Cardano Stake pool, known as 314pool. I've also written a few blog posts on topics that I feel I can explain well, which you'll find below.
On January 23rd, the Cardano blockchain underwent its first real-world test of large-scale resilience. Approximately 60% of all Cardano nodes crashed and rebooted. As part of the triage team, I was asked to write a blog post providing a community-centric post-mortem analysis of the incident, the quick response from IOG and the community, and the robustness of the Cardano network.
Today, a stablecoin called Djed launched on Cardano1. Djed is based on research that IOG published on safe algorithmic stablecoins. Stablecoins are an important part of the DeFi ecosystem, because they’re designed to maintain a stable price relative to USD (or another underlying asset). How it does this can be confusing, so this post will explain how Djed works, and allow you to explore the protocol before you try it for real.
For my first series of blog posts, I thought it would be fun to introduce my favorite piece of mathematics.