Decrypt logo
Decrypt logo
David Feld

David Feld

David develops research and product for both Twali, an NYC blockchain-based start-up, and the Internet of Humans Workshop, a lecture series focusing on exploring solutions to managing identity online — especially in decentralized settings. He’s interested in projects using public blockchains outside the scope of finance, agricultural technology, and the German language. He owns less than 1 BTC and less than 1 ETH, and a series of other tokens.

Stories by David Feld

  • Wooden house or barn burning on fire at night. Image: Shutterstock

    Over $2B in Ethereum Has Now Been Burned By EIP-1559

    About $2 billion worth of Ethereum (603,452 ETH) has now been burned by the Ethereum network, fueling the furnace that’s driven the cryptocurrency to its latest all-time high.  Ethereum started burning ETH after EIP-1559 was introduced on August 5. The mechanism removes about $30 million ETH from circulation each day by sending it to a defunct address. This replaces the previous method of paying ETH to miners for validating transactions. EIP-1559 was designed to hasten a long-anticipated upgrad...

    NewsBusiness
    2 min read
    David Feld
  • Auctioneer talking with microphone. Image: Shutterstock

    Solana's DeFi Projects are Raising Millions of Dollars

    Solana may be up 122% in the past month, but its rise has begun to slow down. As the blockchain secures its place in the top 10 by market cap, investors in the nascent low fee, high-speed blockchain are turning their attention to something else: Solana’s decentralized finance protocols. In the past week, investment in some Solana-based DeFi protocols came so thick and fast that the blockchain couldn’t handle all the attention. Solana crashed for 17 hours on Tuesday after bots rushed to invest in...

    NewsBusiness
    3 min read
    David Feld
  • The N Project NFT. Image: OpenSea/n

    The N Project: NFTs of Random Numbers Hit $40 Million Market Cap

    What if you stripped away all the fantastical elements from Loot NFTs—the parts that conjure up the first light of a hero whose life depends upon their “Ghost Wand” and “Gold Ring of Fury," and move Ethereum developers so deeply that they work around the clock to create a videogame around lists of virtual treasure? What about if you got rid of all of that, and instead printed 8,888 character sheets containing nothing but numbers zero through fourteen in a blank serif font and told people to use...

    NewsBusiness
    4 min read
    David Feld, Robert Stevens
  • Dog-themed meme coins like Dogecoin, Shiba Inu and DOG are seeing a boost. Image: Shutterstock

    PleasrDAO’s Fractionalized DOG NFT Now Worth $336 Million

    Earlier this week, the internet’s Mona Lisa was distributed to the people. PleasrDAO, an investment and art acquisition collective, fractionalized the NFT minted of the original Doge meme and sold it on fractional.art. Fractionalization involves cutting an asset into tiny pieces. Fractionalizing an NFT turns a single non-fungible token into lots of fungible cryptocurrency tokens. This lets lots of people own shares in a single NFT.  PleasrDAO bought the original Doge NFT for $4 million in June....

    NewsBusiness
    2 min read
    David Feld
  • Polygon. Image: Shutterstock

    What Does Ethereum 2.0 Mean for Scaling Solutions Like Polygon?

    The coming arrival of Ethereum 2.0 is supposed to make the Ethereum blockchain more usable: better security, faster and cheaper transactions, and fewer headaches over whether those transactions even went through. In short, it will allow the network to scale. For several months, decentralized application (dapp) users have relied on Polygon, a so-called second-layer solution that sits atop the Ethereum blockchain, to get around network congestion. It dominated the news back in April and May with a...

    Brought to you by Saidler & Co.
    5 min read
    David Feld