Tengji Zhang

Anatoly (Solana)

• Hard for there to be winner-take-all

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

How to process a book: 

• Jump mid-way through and ask do I want to have got here. If the answer is yes then read from start more carefully.

Solana is LA. It’s big and sprawling and cheap. It is less decentralized. But some applications like games and NFTs do not need very high level of decentralization.

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.

L2s matter — skyscraper technology is essential to scaling any city — but they are not the end of the story. L2s are an “and”, not an “or”.

Reading feels like something I ought to do because there are just so many important things to know that I don't know and that feels problematic.

“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.”

NEAR is San Francisco — built for web3 techies who believe sharding is the only way forward towards scalability in the long-term.

“If you look at a typical company, the founders and investors own 80-90%,” he goes on. “All of the employees own the other 10-20%. It doesn't make sense. It's not who is producing most of the value. We wanted to flip that model on its head. With the DAO, the community controls 80% of the tokens; the founders and strategic partners control 20%.”