Decentralized Exchanges: Why Crypto’s First Killer Apps are So Powerful - DeFriday #12
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Decentralized Exchanges: Why Crypto’s First Killer Apps are So Powerful - DeFriday #12
The decentralization of clients within DeFi is somewhat straightforward given their relative simplicity — very little incentivization is necessary to get third parties to build independent and simple gateways (mostly in the form of websites) to such protocols. However, as web3 products and services become increasingly complex, with computationally ... See more
Andreessen Horowitz (AZ) • Decentralization for Web3 Builders: Principles, Models, How - a16z crypto
DApp, for “decentralized autonomous application,”
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
If the last generation of software was built upon a foundation of user-generated content, the next generation of software will be user-owned, with digital ownership leveraged as a building block to enable novel user experiences
Coinbase was founded in 2012, and employs 3,730 people as of 2021. In contrast, Uniswap was founded in 2018, and has less t... See more
Coinbase was founded in 2012, and employs 3,730 people as of 2021. In contrast, Uniswap was founded in 2018, and has less t... See more
Li Jin • The Ownership Economy 2022 – Variant
The example brings up an important point: crypto companies don’t have to, and generally shouldn’t, be a DAO from day one. They can evolve. Unlike The DAO, which launched from day one as a DAO, both Uniswap and SushiSwap are going through what Variant Fund’s Jesse Walden coined “Progressive Decentralization.”