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Episode 258: Ultrasound Money & VRFs with Justin Drake

Zero Knowledge

Is There a New Concept for Increasing Decentralized Stablecoins?

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The main problem is that there isn't enough economic bandwidth. So let's say we want to increase the total amount of decentralized stablecoins by a factor of a thousand. How can we do that? Well, option number one is just for dI to be more popular in the sense that more eF is being used to backdye. But if you're using 3 million, then maybe you can increase that to 30, 10x but pushing it beyond that is going to be very, very hard because it's a very limited supply of eF. And so really that shows you the importance of the eF price itself.

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