Speed and Ease of Development in Crypto

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The core insight is that in the past, launching a mobile app on the app store required a lot of friction like getting a duns number. However, in the context of crypto, developers realized the need for faster and more efficient ways to take payments. This led to the development of platforms like Stripe, which enabled developers to sign up easily and start receiving payments quickly. The beauty of current frameworks such as Vercel is their speed - enabling developers to prototype and iterate rapidly. This focus on fast iteration and prototyping in the crypto space contrasts with other industries where development has become more professionalized. The speaker highlights that the crypto space is unique in fostering an environment where developers can tinker and innovate rapidly, which is one of the reasons they remain engaged in the industry.

Farcaster is a twitter-like crypto social media app that just launched what could prove to be a killer new feature. They’re called frames.

We’re calling it now and we’re calling it early - we think Farcaster frames could be a breakout use-case for crypto this year and a way to onboard the masses in the months to come and we're here with founder, Dan Romero, to explain why. ------ 🏹 USE PODCAST24 FOR 10% OFF https://bankless.cc/Citizen2024 ------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast ------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 ⁠

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle

💸 CRYPTO TAX CALCULATOR | USE CODE BANK30 https://bankless.cc/CTC

🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap

------ TIMESTAMPS

00:00:00 Start 00:07:48 Intro To Dan and Farcaster 00:12:00 What's Different About Farcaster 00:17:12 Investing in Farcaster vs X 00:22:19 Introduction To Frames 00:29:40 Frames Escape Velocity 00:38:22 Building a New Internet 00:47:52 Frames Distribution 00:54:52 Sufficiently Decentralized 01:05:11 Censorship 01:10:07 Farcaster Costs 01:15:29 Farcaster Economics 01:21:54 Rapid Fire Q&A

------ RESOURCES

Farcaster: https://www.farcaster.xyz

Dan Farcaster: https://warpcast.com/dwr.eth

Dan X Profile: https://twitter.com/dwr

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠