Elena Mikhaylova

Elena Mikhaylova

/mikleens

Elena Mikhaylova

Follow me for web3 tinkering, and occasional learnings on healthy living and feeling our best. Twitter: @mikleens

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Elena Mikhaylova

4y ago

The birth of the web3 "hyperstructures" : unstoppable, public infrastructure
Elena Mikhaylova

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Elena Mikhaylova

4y ago

Web3 first drew me in because I realized there was some serious innovation taking place, and I decided to jump in and learn by writing about it.

As a "newbie", the only exposure you might get to web3 is from the internet. Probably through Twitter, Youtube, and perusing the websites and Discords of various projects.

While there are some fabulous resources out there, the internet can quickly start to feel overwhelming, toxic, and exclusive. If you are just trying to learn, it's easy to get sucked in and get spit out disillusioned.

With 20/20 hindsight, it's obvious what was missing here: real people!

My Conference Experience

While I attended Permissionless (a DeFi conference in Florida) feeling like a weary outsider, the first day shifted my attitude completely.

Instead of reading subversive tweets, I found myself in a room with thousands of smart, passionate people.

Instead of trying to navigate the static of the internet, I was able to listen to industry leaders share their ideas, opinions and hopes. And in my downtime, I met a diverse array of people and learned about cool and interesting projects, even over (free!) drinks.

So if you feel curious but overwhelmed, consider that the missing piece for you might be the people.

Do a google search for an event in your area, or a city you want to travel to, and take the risk. You will learn a lot, and possibly even make some friends.

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Elena Mikhaylova

4y ago

The Simplest Budgeting Strategy Ever, For Anyone Who Hates Budgets and Avoids Their Credit Card Statement
Elena Mikhaylova

I hate budgets.

No system has ever worked for me, and frankly, inspecting my erratic spending habits usually gives me anxiety.

However, I want to financially prepare for a drastic change in my life, so I need a way to reliably put money aside each month.

This is the strategy I will be using to hit my savings goals the next few months.

Throw Away The Categories

Instead of budgeting small sums here and there for various things, I looked at my statements and identified four things which are important and easy to track.

  1. monthly income (post tax)

  2. fixed monthly costs (debt, rent, car, phone bill, subscriptions, etc)

  3. necessary variable expenses (groceries, gas, electric, etc)

  4. monthly saving goal (how much money you want to put away)

The Rest of Our Expenses are Runway

I know how much money I expect to earn, how much I expect to go towards regular expenses, and how much I will save.

The rest is my runway, which I am free to go spend however I want.

runway = income - fixed costs - variable necessary expenses - savings

How To Budget With Runway

The number I will use to make any spending decisions is my runway - how much money is left over for me this month.

ALL my other expenses come out of my runway for the month - a $5 pastry, eating out with friends, a haircut, a ski trip, etc.

If something comes up, like a medical cost or a car repair, this also comes out of my runway.

Now it's easy to make decisions on my spending.

If I have a $300 car repair and that puts me over, then I can't buy those concert tickets or book that trip. No more categories, no more overwhelming.

The only thing I have to do is keep a google sheet where I can jot down each expense, and watch it eat into my runway.

This process is manual, but incredibly simple and forces me to keep an eye on my spending. For the first time ever I am excited to budget.

And hopefully in the near future, I can be using a simple app to do just this!

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Elena Mikhaylova

Healthy Living

4y ago

Practicing Self Care in Times of Turmoil Impacts More Than Just Yourself
Elena Mikhaylova

My Reiki teacher shared these words with us yesterday, and it really tugged at my heart:

"We need to be taking responsibility as conscious people to promote peace in ourselves with our daily practice, so it can ripple out into the world".

If we can do nothing else in times of turmoil, we owe this one to ourselves, and to the world. If we are able, we need to make the conscious choice to be kind and present.

How can a daily practice promote inner peace?

This will be different for everyone, but every morning I do the two things which make me feel grounded and healthy:

  1. Take a 15 minute walk first thing after waking. This gets my blood flowing, gets me outside, and gets sun in my eyes to promote a healthy circadian rhythm. All of this helps me cultivate a better state of mind. 100% non-negotiable.

  2. 30 minutes of yoga. This promotes health in my body, reminds me to be gentle with myself, gives me an opportunity to be present and meditative. I aim to do this as often as possible, and follow a teacher I like on YouTube.

While these wellness habits serve me, an even bigger reason to do them is that they will serve those around me.

These actions allow me to cultivate a state where I can be healthier and more present for others in my life.

In times of turmoil, fear, and uncertainty (like today) they become even more valuable.

So consider doubling down on the things that make you whole, so you can show up and be your best, kindest, most present self for everyone around you, and so you can ripple that out into the world.

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Elena Mikhaylova

Healthy Living

4y ago

If You Love Yoga But Struggle with Consistency and Progression, Try This Teacher on YouTube
Elena Mikhaylova

When I first tried yoga 5 years ago, I knew I would be doing it for the rest of my life.

Fast forward to 4 months ago, and I am lucky if I practice more than twice a month, and can still barely do a chaturanga.

The teacher which finally turned things around for me, and has motivated me to practice 4-5 times a week, was Tim Sinesi's YouTube channel (Yoga With Tim), and his brilliant 30 Day Challenge.

Why It's So Hard to Stay Consistent With Yoga

  • Most classes encourage us to push super hard, and glaze over proper alignment, so we wind up sore and exhausted.

  • It's hard to develop on your own, because there is so much you don't know. However, attending in person classes is often inaccesible.

  • Taking classes sporadically makes your learning experience disjointed, so you often don't find much progress.

How Yoga With Tim Fixes This

  • Tim's teaching style is series-based. He teaches you concepts over several days of videos, and focuses on creating a strong foundation.

  • His philosophy is to never jam yourself into anything. When you force yourself into poses, your nervous system actually creates more tension, defeating the entire purpose. Instead, he encourages us to stay just within our limits, and slowly improve over time (this totally changed my experience of yoga).

  • He teaches yoga for longevity - placing incredible focus on proper alignment, supported a straight spine with a strong core, and joint mobility.

  • Overall, he does a ridiculous job teaching you about your own anatomy!

  • He has series which help you transition beyond a "Level 1" practitioner, to Level 2 and 3 (which gives me something to stay motivated for!)

  • He's also quite funny.

Learning Yoga from Online Courses is Powerful

All of the above is great, but doesn't work if you have to drive to a studio every day to consistently attend a class.

The reason my practice finally stuck for the first time ever in this 5 year, unreliable love affair, is this: I can do it on my own time, learn from an incredibly knowledgeable teacher, and know I am progressing.

So if you struggled to stay consistent with yoga, I highly encourage you try out his 30 day challenge! All of the videos are 30 minutes or less, and it will transform your practice!

P.S. I still can't do a proper chaturanga, but for the first time ever, I see myself getting closer!

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Elena Mikhaylova

Web3: Defi

4y ago

Do You Know How Your Crypto Wallet Makes a Transaction? (I Didn't!)
Elena Mikhaylova

When you open up MetaMask or a hardware wallet and want to write your transaction to a chain, what actually happens?

You are dealing with a decentralized network, so there is no one place for you to go. So where do you go?

Some of us (me!) might be missing a key piece of understanding.

To write (or even view!) transactions on a chain, you must connect to a node.

I harbored a false assumption that the entire network nodes was made of up miners - computers writing blocks to the chain in exchange for tokens.

A significant fraction of blockchain nodes are actually not mining, but are just as important.

These "nodes" are just computers running the network protocol.

The protocol enables computers to store a local copy of the chain, broadcast new transactions, and listen for broadcasted transactions from other nodes.

This is the real mind blowing thing about decentralized networks -

There is no one source of truth. When you want to access information on the blockchain, or make a new transaction, you must go use somebody else's copy!

While this is not necessarily a bad thing, it encourages people to run their own nodes to become truly autonomous.

What is really happening when you make a transaction

  • To make a transaction, you connect to a network node, allowing you to scan the public address you are interacting with, and authorize the transfer of funds via your private key.

  • You can do this with your own node, but if you are not running one, you must connect to something. Most likely, you are connecting to the node which your wallet provider is running.

  • The node validates your transaction (you must have enough balance in the address), and then broadcasts it to other nodes.

  • Once all nodes agree on the transaction, it is placed in a temporary pool, which miners then draw from to actually write a block of transactions to the chain in exchange for tokens.

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Elena Mikhaylova

Web3: Anthropology

4y ago

The Information you Need to Understand Crypto Wallets and Join The Decentralized Internet (Part 3)
Elena Mikhaylova

Now that we know the risks and benefits of each type of wallet, the million Bitcoin question is:

Which one should I use?

The answer: more than one!

A secure setup consists of a hot, convenient wallet AND a cold, secure wallet.

Right now, you can do two things with your crypto: HODL (hold on for dear life), or trade it, and you should use a separate wallet for each.

You use a cold, secure wallet to HODL

If you are HODL'ing, you have no intentions of trading your assets in the foreseeable future, so convenience is irrelevant.

Your private keys are more vulnerable on a hot wallet, so you only take more risk by holding long term value in a less secure wallet.

The HODL'ing assets should live in a cold, hardware wallet, where the private key is inaccessible unless you connect the device to a computer.

This is where the bulk of your value should be stored.

You use a hot, convenient wallet to interact with the blockchain on a daily basis

If you want to use a DeFi protocol like Uniswap, or buy an NFT, this is where the hot wallet comes in (like MetaMask). You can use these to have a seamless experience on the decentralized internet.

You should think of your hot wallet as a debit card - only load the cash you need on it. The rest of the crypto you own should stay in cold storage if you don't plan to use it.

How this looks in practice

Say you own a few NFTs, and you decide to sell one.

Rather than connecting your hardware wallet to an external party's NFT protocol, and potentially exposing all of your assets, you first move the NFT from your cold storage to your software wallet.

Then when you conduct the trade, the rest of your assets are safe, and even the public address of your cold wallet is never revealed to the buyer.

Takeaway

You need a combination of wallets. Cold storage is essential, but to truly protect yourself, a hot wallet is just as important.

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Elena Mikhaylova

Web3: Anthropology

4y ago

The Information you Need to Understand Crypto Wallets and Join The Decentralized Internet (Part 2)
Elena Mikhaylova

After we understand that wallets store our private keys (Part 1), the next hill to conquer is learning the different types of storage we can have.

If you know the tradeoffs of each, you can use the technology more securely and efficiently, and keep your hard earned money safe!

The type of wallet = where your private keys are stored.

Software wallet: stores private keys in a computer program

  • MetaMask is a software wallet. It stores your private keys in your web browser (like Google Chrome).

  • These are the least secure, but highly convenient.

Desktop / mobile wallet: stores private keys on your cellphone / computer

  • Mobile wallets store your keys on your cell phone. Convenient but vulnerable to losing your device, as well as hacking.

  • Desktop wallets stores your keys on your hard drive. Slightly less convenient, but less likely to lose.

Hardware wallet: stores private keys on an external device

  • These typically store your keys on a pin-protected USB drive.

  • Most inconvenient (you have to plug the device into a computer to authorize a transaction), but also the most secure.

  • The Nano Ledger is a popular one in the community. Its a $150 investment, but worth it if you have value to lose.

Cold wallets vs hot wallets

  • Cold = on a device not usually connected to the internet (hardware wallet).

  • Hot = on a device which is always connected to the internet (web browser, phone, desktop).

  • If a device is connected to the internet, hackers have much more opportunity to extract your keys.

  • If a device is not usually connected to the internet, hackers have no access point to extract your keys from the device.

Stay tuned for Part 3: which wallet to choose, and how to use them securely (spoiler: you need more than one)

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Elena Mikhaylova

Web3: Anthropology

4y ago

The Information you Need to Understand Crypto Wallets and Join The Decentralized Internet (Part 1)
Elena Mikhaylova

It was entirely in my power to buy a Bitcoin or two back in 2017, but I hand-waved and chose not to bother. The biggest reason I didn't do it?

I did not feel like learning how to use a wallet.

Sometimes I still shake my head at this.

As this wave of DeFi and NFTs washes over the digital economy, I do not want to be the one who missed it because I was too intimidated by the technology. And I do not want you to be that person either.

So here is Part 1 of the foundational knowledge which makes me comfortable putting my money into digital assets.

Wallets are the entry point into crypto

This is one of the most important things we should know, front-to-back. We should know this so well that we can explain it in a different language.

A wallet generates your public + private keys from a "seed"

  • Public keys: the blockchain address where people can send you funds, and view your transaction history.

  • Private keys: the cryptographic hash (just 64 character strings like below) which you use to sign transactions being moved out of your public address.

    0x63e2C9a3Db9fFd3cC108f08EAd601966EA031f5C

  • Seed phrase: 12 or 24 words which are used to "seed" the encryption function that will generate your private keys.

  • Different seed = different set of public + private keys.

  • The seed phrase is encrypted to generate the private keys. The private keys are then also encrypted, to generate your public keys. In this way, no one can ever derive your private keys from your public address (without a quantum computer anyways)

Funds can only be moved out of your public address when you sign with your private key

  • In order to authorize a transaction from your public address, you must supply the correct private key.

  • This means your private key = PRICELESS. It has to be kept safe.

  • This is where the type of wallet you use becomes important (more on that in part 2). Some wallets can store your keys on an offline device (hardware wallets), while others can store your keys in your web browser (Metamask).

Why your seed phrase is so important

  • Since your keys are generated from your passphrase, if you ever lose them for some reason, they can be re-generated from your seed phrase!

  • Many people engrave their phrase on small sheets of metal (so they can hold up in a fire) and store them in various locations (sometimes in pieces so no one can ever find the entire thing).

  • It may seem excessive, but if you have any estimable sum of money in crypto, you will protect it. YOU are autonomous with your money, so YOU are 100% responsible for it.

Stay tuned for part 2: an explanation of hot vs. cold wallets, and how to use them securely and keep your assets safe.

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Elena Mikhaylova

Web3: Anthropology

4y ago

Permissionless Web3 Applications: What the Innovative, Perilous Trend Means for the Internet Economy
Elena Mikhaylova

For the past 20 years, we have built a multi-trillion dollar ecosystem on "permissioned" websites.

Every web2 website we use to make a purchase or invest money requires us to create an account. We input our names, email addresses, sometimes even social security numbers, and create an identity for ourselves in that product.

Naturally, "permissionless" can be a disorienting concept.

It's also the next great innovation for our lives online.

We generate an "identity" for ourselves on the blockchain

To participate in decentralized applications, you must generate a "wallet".

This "wallet" consists of a public key and private key. The public key is an address which anyone can use to view balances and transactions from of that address, while the private key is the 'password' to which grants permission to move funds out of the address.

Both of these are just random 64 character strings.

This public address (a is all you need to provide to a decentralized application in order to transact with the system.

Your "permissionless" identity is your public key

If you visit a DefI site or and NFT marketplace, you will see a common element - a "connect your wallet" button.

All this does is tell the site your public key, and allows you to identify yourself and through your unique 64 character string, and your balances and transactions.

With a single string you are now able to trade crypto, buy NFTs, and participate in any web3 protocol you want, without ever giving your name or any identifying information.

The advantages of permissionless applications:

  • Private: You are completely anonymous on the decentralized web!

  • Optimized: your identity is transferrable from application to application, meaning you can give the same address to all applications, without needing a new account.

  • Infinite: You can create as many wallets ("identities") as you want, and keep your activities separate from one wallet to another. However, this can also be a downside when leveraged by bad actors.

The perils of permissionless applications:

  • More power = more responsibility: you are the only one responsible for your identity. If you lose your "password" or mess up a transaction, nobody can help you!

  • The guardrails are off: permissionless means there is no vetting. For example, on Uniswap nothing is stopping you from listing or buying a garbage coin (while on Coinbase, your identity and the trade-able assets are vetted). Its your responsibility to do due diligence when doing transactions.

  • Anonymous = less consequences for bad actors: people can do sketchy things which can never be linked to them, depending on how diligent they are.

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Elena Mikhaylova

4y ago

My Love Letter to Ship30for30
Elena Mikhaylova

In the kickoff session, Dickie or Cole said something like, "if you stick with this, it will transform your life forever".

And I was like yeah yeah, let's not get ahead of ourselves, its just writing.

Now that the 30 days are over, I have realized that these guys are 100% aware that they are luring people in with a daily writing habit, and tricking all of us into adopting the mindset of entrepreneurs.

I could not be more grateful for it.

The first week: "pressure makes diamonds"

The first week was hands down mentally painful.

I DID NOT want to write, but by some power I would gather enough energy to slog through an essay, every day for 8 days straight.

It was scary to share my convictions with strangers, and I was completely overwhelmed trying to navigate the sheer infinity of Twitter.

But in the midst of it all, I had incredibly new and rewarding experiences. Here are there, people left me comments saying thank you, and good job.

I did the same for others and it felt even better.

Second and third weeks: balance and kindness

My brain and spirit were tired from pushing so much, and I felt blocked, so I gave myself permission to miss days.

But every time I took a break, I'd return energized and ready to publish again.

This was beginning to feel like a thing I did. If I wasn't shipping, I was wasting potential.

Fourth week: I am burning with excitement for what I might discover and do next

Something clicked for me yesterday.

While I have been writing pretty aimlessly, a signal broke through and gave me an idea of how I might be able to provide more value through my content.

The craziest part, the frameworks Dickie and Cole drove home have given me tools to test this and get feedback. I feel incredibly empowered to try out an idea, for the first time ever!

My essay count is lower, but I am not worried because I know I will be shipping forever, for the benefit of myself and (most importantly) others.

Thank you Dickie and Cole, and the rest of the ship30 crew, you have built a brilliant business and it was an honor to take part.

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Elena Mikhaylova

4y ago

Why every student of human nature should read Nikolai Gogol's 'The Overcoat'
Elena Mikhaylova

"We all come out from Gogol's 'Overcoat'."

- Eugène-Melchior de Vogüé (French writer and critic

For a 33 page story about a St. Petersburg bureaucrat, that is a strong statement.

What is 'The Overcoat'?

It is a short story by Nikolai Gogol, published in 1842.

It tells a humorous, yet poignant, story about a 'man of no consequence'.

The story urges us to see humanity and value in every single person, no matter who they are.

Coming out of Russia, where serfdom (a social structure where peasants were bound to labor on land owned by lords) was not abolished until 1861, these were revolutionary concepts, and is one of the reasons Gogol is so celebrated. His abundance of wit is another.

Regardless, the story tugs on the same exact heart strings today as it did over 150 years ago, and the lesson still rings true.

Why I enjoyed 'The Overcoat' so much

Never have I read something so short (probably just 1 hour) that made me feel such a powerful mixture of mirth, compassion, and melancholy.

The story pokes fun at our self-image of importance and points out our easy moral failings. But it also offers acceptance and forgiveness.

What it really reminded me of was to have compassion for every single person you may encounter, no matter their 'consequence'.

One of my favorite excerpts (no spoilers!)

And there was something strange in the words and the voice in which they were uttered. There was in it something which moved to pity; so much that one young man, a new-comer, who, taking pattern by the others, had permitted himself to make sport of Akakiy, suddenly stopped short, as though all about him had undergone a transformation, and presented itself in a different aspect.

Some unseen force repelled him from the comrades whose acquaintance he had made, on the supposition that they were well-bred and polite men. Long afterwards, in his gayest moments, there recurred to his mind the little official with the bald forehead, with his heart-rending words, "Leave me alone! Why do you insult me?"

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Elena Mikhaylova

Web3: The Graph Protocol

4y ago

Demystifying the inner workings of 'Web3' using The Graph Protocol
Elena Mikhaylova

While the theory of decentralized applications in web3 makes sense, my understanding felt similar to the way I understand my car.

I could get in and drive it anywhere, but ask me to change the oil and I am in trouble.

I had some "aha" moments when I started learning how the Graph Protocol goes about storing data for a decentralized app, and the whole thing seems alot less scary now, and I'd like to share that with you!

We can abandon the changing the the oil as a lost cause.

Some context:

The Graph Protocol exists because blockchain has a problem - querying information written on the blockchain can incredibly inefficient.

Most decentralized applications need to store an accessible copy of the data written on the chain in their own databases, so they can retrieve information quickly.

The Graph Protocol lets applications do this via a subgraph: a decentralized database which indexes an applications data on the blockchain.

We can see dApp activity from its smart contract address.

All decentralized applications have one (or more) smart contracts.

This means their application code lives on a blockchain, accessible and readable to anyone which knows its blockchain address. One of those just looks like this:

0xabEFBc9fD2F806065b4f3C237d4b59D9A97Bcac7

Smart contracts are able to communicate any change to data by sending out an event.

In the case of ERC721-complaint NFTs, anytime a token is transferred, the smart contract must emit an event which communicates to the listeners that "this token was transferred".

The subgraph will store data from smart contract events.

A subgraph can simply listen for events from a specific smart contract address.

For example, we might have a smart contract which powers an NFT marketplace.

If a transaction takes place via that contract, and NFT marketplace will emit an event that UserA transferred an NFT to UserB.

The subgraph would capture this event, and update its own copy of the data: remove the NFT from the UserA entry, and add it to the UserB entry.

Now, if anyone queries that subgraph for UserB, they will see they own an additional NFT, and a query on UserA will show they no longer hold it.

Takeaways

99% of the time, when we are looking at decentralized apps - what we really see is hopefully a really really good copy. We have to rely on these applications to accurately show the information actually written in the chain.

The cool thing about the Graph Protocol is that its ecosystem selects for this through monetary incentives!

Subgraphs which are accurate and have useful data will attract more traffic, and generate higher returns for the network members which are throwing their GRT behind it, and we can get more guarantees that the information is true.

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Elena Mikhaylova

Healthy Living

4y ago

How You Can Use Japanese Reiki Philosophy to Prevent Disease
Elena Mikhaylova

This past weekend I did something rather random, and sat a training for Jikiden Reiki. Jikiden Reiki is the traditional branch of Reiki "energy healing", rooted in Japan.

The practice give us a framework which anyone can use to promote health in their body, and I am here to share it with you.

First Takeaway: Our body is a detox machine.

Our bodies are detoxing constantly.

Think of all of the different mechanisms we use to expel toxins - sweating, urination, bowel movements, even the simple act of exhaling. All of these functions take in sustenance in the form of water, air, food, and eliminates the waste.

We have several organs that facilitate these mechanisms: our skin (the largest organ!), the liver, kidneys, lungs, digestive system, and our lymphatic system.

We do not need to do anything special to detox, we are hard wired to do it in every single cell. All we have to do is let it.

Second Takeaway: When our bodies can't eliminate toxins, they must go somewhere.

The body does its best to cleanse our blood from toxins.

However, in modern life, we are overexposed and bombarded from all sides- our air, our food, our water, medicine, plastics, the list goes on forever.

Sometimes, the level of toxins becomes too much for the body to clear at once time, and the next best choice option is to deposit them into solid parts of the body - into joints, muscles, and organs, where the body expects they will eventually be cleared out.

Third Takeaway: Disease manifests when our body fails to detox for a long period of time.

What happens if we are over exposed every single day?

Every day, our body may deposit some more toxins to our tissues to cleanse our bloodstream.

If we live a less nourishing life (poor diet, not enough sleep, not enough exercise or sun), our body may struggle to keep up with the load, and those deposits may get larger instead of getting cleared out later on.

And over time (sometimes decades later), those tissues get overloaded with matter which should have been eliminated, and they become diseased.

Last Takeaway: What the body does need in order to detox and how we can help.

What our body does need in order to perform its detox mechanisms is energy.

We can think about it in terms of this formula:

⬆️ Environmental toxins + ⬆️ Stress => ⬇️ Energy

The more we get exposed to, and the more stress we experience, the less energy we have to expend on other bodily functions, and the more waste we accumulate in our body over time.

Some Actionable Tips

  • Regulate stress: this is easier said than done, but there are many modalities that may work for you, such as meditation, exercise, therapy, and time in nature. It is important to invest your effort here, as this is the one you have more control over.

  • Minimize exposure to environmental toxins: This one is much harder to control, but thats ok. You can try things like eating cleaner food, drinking clean water, living in places with clean air, but in the end we can never avoid most of it. This places an emphasis on the importance of decreasing stress.

  • Increase energy: get more sleep, sun, exercise, and try to eat nutritious whole foods, full of plant energy. If you feel so inclined, you can even try an energy healing session with a Reiki practitioner!

If we take care to do some of the above, the formula tips more in our favor, and we have the landscape to keep our bodies healthy for as long as possible:

⬇️ Environmental toxins + ⬇️ Stress => ⬆️ Energy

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Elena Mikhaylova

Healthy Living

4y ago

How we can reframe addiction to offer healing to ourselves and others, according to Gabor Maté (world renowned addiction expert)
Elena Mikhaylova

Gabor Maté is a celebrated Canadian-Hungarian MD, with decades of expertise in treating addiction and childhood trauma.

His contrary approach to addiction has earned him success with patients and recognition in the field.

I want to share his ideas, because his arguments challenge us to be more present with our own behaviors, especially ones that seem addictive, and ask - what am I trying to escape from?

How Gabor Maté Defines Addiction

A more traditional definition of addiction might be to describe it is a brain disease, a genetic issue, and in the case of the criminal justice system, a choice which we might punish or condemn.

Maté takes a different view, uses three criteria to define addiction:

  1. Having a craving for a behavior

  2. Engaging in the behavior to experience pleasure or temporary relief from some kind of pain

  3. The inability to give the behavior up

He intentionally makes no specific mention of substances. He argues, while substances are certainly one behavior which some adopt (usually those suffering from more acute pain), there are thousands of other "honorable" or socially acceptable addictions.

Some of these might be: over eating, binge watching TV, social media addiction, even exercise or work.

This definition encourages us to look back at ourselves and ask, what addictive behaviors I am engaging in, and what relief are they providing?

The Source of Addiction

Maté makes a strong (research based) case that addictive behavior is the result of us trying to alleviate pain from past trauma.

Much of this trauma comes from experiences we may have had as children.

He makes a point to highlight that most of this trauma happens accidentally. Parents try their best, but modern day child-raising is more isolated and stressful because we lack strong and rich communities.

For example, if a parent is grieving from the loss of a loved one, they might be emotionally unavailable to their child. A more "sensitive" child (one which might feel more emotional pain from less stimuli) could feel acutely alone, and suffer.

What we can take away

  • The saying "it takes a village" is powerful. In modern days, we lack the rich support structure of community and family which might prevent children from suffering emotionally, because they have more adults to be there for them.

  • We can inspect our own addictive behavior (honorable or not) and ask what relief this brings us, and what is really causing the discomfort in the first place.

If you are interested to learn more about Gabor's treatment methods, I encourage you to listen to his 1 hour podcast interview with Rich Roll (linked in the tweet), or check out his book In The Realm of Hungry Ghosts: Close Encounters with Addiction.

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Elena Mikhaylova

Web3: The Graph Protocol

4y ago

What the Graph Protocol can teach us about interdependent ecosystems
Elena Mikhaylova

The more I learn about The Graph, the deeper I want to dive.

The team has carefully designed a self-correcting ecosystem, where people can earn money by making the right choices.

The network consists of 3 major roles, which all flow together to elegantly solve a problem of the users, while also providing a source of income to the participants.

What does The Graph ecosystem consist of?

Indexers (most active in network)

  • What: These are the people running Graph protocol nodes, which index an application's data on the blockchain (called a subgraph), and serve data for queries to a subgraph.

  • Why we need them: They power the network, but rely on other participants for more GRT and for direction on which subgraphs to index.

  • Economics: They make money through indexing and query rewards. They have to stake a minimum of 100k GRT (about $40,000 USD) to run an indexing node. Indexers have the potential to earn over a million GRT!

Delegators (least active)

  • What: These are people who carefully select indexers on the network by "delegating" their own GRT to be staked. Indexers with more delegators (more GRT staked) are more likely to earn higher rewards.

  • Why: Indexers need support from delegators to attract more traffic and make a higher profit on the network. This dependency requires them to be trustworthy, reliable, and generous to delegators.

  • Economics: Delegators can stake any amount of GRT to indexers, and earn a cut of the rewards and fees indexers earn. If they choose their indexers well, there is potential to earn a decent profit.

Curators (medium active)

  • What: Curators choose which subgraphs are worth indexing, and create a "signal" for indexers to act upon. They do research on which data will be the most useful to the users of the network.

  • Why: They curate the actual data on the network. They have financial incentive to choose the best possible applications to index.

  • Economics: Curators trade their GRT for "minting shares" in a subgraph, and earn a percentage of query profits from the subgraphs they are curating.

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Elena Mikhaylova

Web3: Anthropology

4y ago

How founders, builders, and crypto enthusiasts can avoid the pitfall of "recentralization" in Web3
Elena Mikhaylova

The selling point of web3 is using decentralized technology to take back our autonomy and power on the internet.

Bitcoin and Ethereum have given us the first stepping stones: a decentralized currency layer and a decentralized utility layer. NFTs, crypto trading, and gaming have made use of these foundations and built the a new layer on top: a consumer layer.

If we truly want to build a decentralized future together, how the consumer layer plays out is important.

The problem is that the consumer layer is vulnerable to re-centralization

Private companies build projects on top of these open protocols.

A good example is OpenSea (a popular NFT platform). They are an influential, centralized, private company in the NFT space.

Using OpenSea, you can upload your digital art to their platform and enable others to purchase it as an NFT. If a user buys it, the ETH they pay with and the NFT they receive lives on the Ethereum chain.

However, all the data of your OpenSea listing does not live on Ethereum. This information lives on OpenSea's private database, and is owned and managed by them. The mint fees are paid to OpenSea, and is how they earn revenue.

The fear is that companies like these will become the tech giants of web3, like Google and Facebook in web2.

The value of a web3 service should be extracted by those who power it, instead of those who "own" it

Uniswap (decentralized trading) and The Graph (decentralized apis) are both great examples of truly decentralized and permissionless services.

Instead of a centralized company owning servers which provide the service, individual members of the community power the network by running their own nodes. These nodes provide the service, and the providers earn a profit through fees. Anyone contributing to the network by building or providing leadership can also be paid in network tokens or governance tokens.

The network itself earns no money, but the stakeholders earn money as the protocol's tokens increase in value.

How to make a stand, both as a consumer and as a builder

As consumers: support projects and platforms which are truly decentralized.

As founders and builders: store data and provide services in a decentralized manner (by developing these protocols), and strive to eventually run the organization as a DAO with decentralized governance.

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Elena Mikhaylova

Healthy Living

4y ago

How the "Mood Follows Action" Mantra Can Help You Stay on Track With Building New Habits
Elena Mikhaylova

"Mood Follows Action" is an iconic phrase from Rich Roll - a man who recovered from a life of severe alcoholism in his late 30's, went on to run Ultra Endurance marathons in his 40s, and was named one of the “25 Fittest Men in the World” by Men’s Fitness.

We have a lot to learn from someone like that, but we can start with those three words.

Why we can't rely on mood to create change

There are few times you will ever be ‘in the mood’ to make a behavioral change.

We are inertial creatures, and we require significant force to change our behavior and break out of deeply paved patterns.

If we only took action to create change when we felt like it, it would never become a sustained behavior.

What these words really mean is to "Just Do It"

You will not be in the mood most days (especially in the beginning).

However, I think we can all remember an experience where we mustered up the strength, pushed through, and took that first step (shipping a piece of writing, doing a workout, even cooking a meal). And after it was done, it felt like a weight was been lifted.

The feelings that flow in afterwards (even if you feel your results were mediocre) are those of satisfaction, pride, and maybe even euphoria.

How "Mood Follows Action" compounds over time

That first small accomplishment awards us with a little bit of dopamine.

But, the next day, we will feel the resistance again. And again we have to just do it. Again and again and again.

Each time we ignore our moods and take action, we activate the reward circuit in our brain. We wear down the resistance little by little, by continuing the pave new pathways in our brains.

Then before we know it, the behavior becomes part of us, and we are driven to do it all on our own. That is the power of habit.