Tengji Zhang

Future of Smart Contract Platforms Gün (Avalanche):  A one-size-fits-all blockchain will get  dominated by whoever can pay the  highest fees (the DeFi folks)  They will crowd out everyone else

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.

Avalanche is Chicago: trying to be the next Wall Street, but newer, cheaper, more aggressive. It specializes in finance and trading. 

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

Proof of Humanity: Prove unique identity associated with each individual is necessary to protect against sybil attack.