Austin Castellaw

Since the advent of Optimistic Rollups (ORUs) and Zk-Rollups (ZRUs), the paradigm has changed.Computation is run off-chain by high-end machines (the provers) while posting a fraud proof (on ORUs) or a validity proof (on ZRUs) on a settlement chain, which can prove the computation integrity, or in other words, that the computation has been executed ... See more

-Power naturally falls into a small group of people so you have to be intentional about giving away power as there are common roles that people can fall into. 

In web3, the situation is different.  New marketplaces can aggregate all existing NFTs. New social networks can surface all on-chain activities regardless of whether users ever signed up. How can a moat develop?  A potential answer is tokens.

So let’s dig into utility. We’re going to cover:

With these market conditions come implicit assumptions around the future state of crypto. For builders and investors to meet expectations over the next 5-10 years, how much market cap creation will we need to see? How much institutional capital will need to enter the space to support these assets? Where might institutions allocate? How can both bui... See more

-Tracheo says at yearn finance people were really open to the unknown and wasn't concerned about creating a corporate structure. The competitive advantage is the collective wisdom of the group emerged when there was a permissionless structure.

So what IS SourceCred?