Tengji Zhang

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.

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.

Endorsement: connect the off-chain and on-chain data in a verified way to present one's professional identity