3min chapter

Into the Bytecode cover image

Dan Romero: Farcaster, building a decentralized social network

Into the Bytecode

CHAPTER

I Think the Reality for Coinbase Is That It's Not a Protocol Mindset

The reality is I think the network effect a if the protocol is successful it's actually you've commoditized the network effect. So as we think about building our client our client is very much assuming we actually fall through and don't do things that are adding features that create kind of lock-in. A lot of people Coinbase just is super easy and it makes them feel safe and the company has taken security really seriously to make sure they're in good shape.

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