Sublime

tokenomics thoughts 101/102

Solana

• Smart contract platform without  sharding or Layer 2s


• "Blockchain at NASDAQ speeds"  (actual original pitch deck tagline)

Legacy Support: Need to bridge off-chain data such as credit history to on-chain to represent a full-er identit

Challenges of fully on-chain identity:1. scalability: need block space for saving identity data2. Interoperability: hard for cross-chain verifications as SBT is not transferrable3. privacy: data on-chain is not private by default

A few years ago, people started asking whether these governance systems could be improved by using “on-chain” governance, which basically means giving network participants a more formal way to vote using tokens. Probably the first and most important on-chain DAO is called MakerDAO.