Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
root_axis
on Jan 28, 2021
|
parent
|
context
|
favorite
| on:
Robinhood now has a 1-Star rating on the Google Pl...
Except for the fact that eth transaction fees are insane and will only increase if popularity does. DeFi is DOA.
michaelsbradley
on Jan 28, 2021
[–]
No, DeFi will simply migrate to L2 solutions as they become viable.
root_axis
on Jan 28, 2021
|
parent
[–]
Yeah, funny how the solution to all the inherent problems with blockchains is to move off the blockchain. The future of "DeFi" is centralization.
pa7x1
on Jan 28, 2021
|
root
|
parent
|
next
[–]
You are a bit out of date on your assumptions. You can read further here:
https://vitalik.ca/general/2021/01/05/rollup.html
michaelsbradley
on Jan 28, 2021
|
root
|
parent
|
prev
[–]
A
viable
L2 is one that is properly decentralized, though its consensus mechanism need not replicate the mechanism of L1.
Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: