Sergey Nazarov on Why the World Needs a New Model of (Cryptographic) Trust
The Breakdown
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The Future of the Internet
DeFi is in the stages of e-commerce where you would send checks through the mail to get your books delivered by the use postal service. And that means it has a very, very far way to grow into something really amazing. When you start combining decentralized infrastructure like Oracle networks and smart contracts into more advanced things, you get the next generation of applications. We're kind of at a place where everyone is still wondering, is the internet ever going to go beyond moving around pieces of text? That's the next step.
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