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Chainlink co-founder talks cryptographic guarantees in web3 (w/ Sergey Nazarov)

Chain Reaction

00:00

Bitcoin's Cryptographic Guarantee

The real challenge for our industry is creating infrastructure that allows developers to migrate all of the world's value at the same cost, efficiency and usability into the web 3 format. And I actually think that will be done not only by crypto startups, but also by many banks and large web 2 companies because this will be the new competitive dynamic on which they will restore faith in their system. We are really heading quite rapidly towards an increasingly large crisis of faith in the promises that brands make.

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