Tengji Zhang

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.

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.

Anatoly (Solana)

• "I would argue Bitcoin would not  survive that"

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

Areas of on-chain identity landscape: Ownership, Aggregators, Governance Participation, Bounties, Data Rails, Proof of Humanity, Endorsement, Profiles

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