Blockchains are a new settlement and ownership layer, one that’s programmable, open, and global by default, unlocking new forms of entrepreneurship, creativity, and infrastructure. Growth in monthly active crypto addresses is generally tracking the
Prediction markets are a hot topic again — even cartoon characters are talking about them (cf South Park). But beyond the buzz, what is a prediction market, exactly? How do they work, how are they designed, and what makes them work?
We answer all
Jing Wang and Karl Floersch are the cofounders of Optimism, a blockchain-based protocol that enables developers to build and deploy decentralized applications on Ethereum. Jing is the CEO and executive director at the Optimism Foundation and Karl is the CEO of OP Labs. This conversation, moderated by Jason Rosenthal, head of CSX at a16z crypto, covers the origin story of Optimism, path to scaling, and unique ways of working together through challenges.