Tengji Zhang

Anatoly (Solana)

• Hard for there to be winner-take-all

Decentralization Naval:  Some people may say you guys are not  decentralized and  only  getting away with this because  you don't have Feds knocking down  doors.  Could you still work if you guys were  forbidden from working?  Who could  survive that level of assault?

Algorithmic stable coin is not very reliable because the assumption about the underlying volatility assets could break once in a while. Consider Long-Term Capital Management.

Ownership: easiest information to capture on-chain and associated with an individual's identity

Ethereum is New York City; it is a happening place with the biggest DeFi protocols, the most TVL, the hottest DAOs and NFTs, but it is expensive. You scale by "building up skyscrapers" using L2 chain or "building out satellite towns" using interoperability networks that serve as highway connecting them.