

The Chopping Block: Why Are We Still Building Layer 1s? - Ep. 487
13 snips Apr 29, 2023
Dive into the world of Layer 1 blockchains as insiders discuss their vibrant experiences from a major conference. Explore why Korea is emerging as a crypto hotspot and the urgent need for benchmarking blockchain performance. Catch the rivalry between Aptos and Sui, and the implications of Sui's unconventional token distribution choices. Delve into the scrutiny surrounding the audit firm Certik amid a major hack. Finally, hear about the exciting intersection of AI and blockchain, shaping the future of smart contracts and Web3.
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Layer-1 Persistence
- Many layer-1 blockchains still exist, despite focusing on Ethereum.
- Some, like Cardano and Tron, retain large communities outside of the Ethereum ecosystem.
Aptos in Korea
- Aptos, a layer-1 blockchain, has gained significant traction in Korea.
- The Korean market's enthusiasm and developer activity contribute to Aptos' growth, especially in gaming.
Benchmarking Issues
- Benchmarking in crypto is currently inadequate for comparing blockchain performance.
- Existing methods lack standardization and transparency, with blockchains often promoting self-serving metrics.