Tengji Zhang

Gün (Avalanche)

• Bitcoin has quantifiable  decentralization but not necessarily the  best


• Avalanche is the only chain that can  have millions and millions of block  producers for each transactions

Application-specific blockchains will remain niche.In the physical world, transportation accounts for almost half the GDP of housing. If we see anything like that in crypto, cross-chain bridges will become extremely valuable.

“All the successful DAO founders I know weren't trying to start a DAO in the first place,” Hillis tells me after more sips of tea. “They were just self-actualizing in a community and that’s what came out of it.”

Gives a brilliant and very cynical description of the Ponzi nature of yield farming in DeFi. Shed some light on how it is no so different from startups nowadays that keeps raising more money despite net negative return, as long as they have a grand narrative with a big promised profit at the end.

TradFi companies are trying to package together financial instruments other TradFi companies feel comfortable buying so that they don't have to hold crypto due to various regulatory complications.

Aggregators: Aggregating an individual's on-chain activities spread across multiple wallets and chains.

Governance Participation: Identity information generated through on-chain governance participation. It tells us what does the individual involve with.