Dan Guido

Eth2 is (finally) coming and it looks like it will be worth the wait. Unlike most other mainnet POS networks, Eth2 is designed to support >1M validators. This, combined with the relatively low staking requirement, will be a boon for decentralization.

Transition to Eth 2 isn’t going to be fast. The migration will be eased by layer two solutions like the @optimismPBC Optimistic Virtual Machine. The OVM allow contracts written for Eth1 to work on Eth2 straight away.

We have built a "composable" ecosystem of powerful technology, and now it's time to focus on usability. Better UX will help us find the use cases that will unleash the transformative potential of the technology to the parts of the world that need it most.

To make "crypto usable for normals", social key recovery and friendly naming are pre-requisites. "Lose your phone, lose your money" is a non-starter. So is sending money to a long base58 encoded string, where one typo and poof your money is gone.

The @argentHQ team has a clear lead on usability. I'd like them to raise a series A led by a top notch VC and use the proceeds to scale. They should continue to flesh out their product vision without compromising on UX while also investing in "full stack continuous security".

#DeFI crossing $1B is a fun milestone. "Money legos" was the buzz of the show. @shalaburroughs called it “money jenga”, and given my tenure in software security I couldn’t agree more. This house of cards will collapse. The only questions are when, to what extent, and who loses?

Security. Everybody cares. Big improvement over web2. But they naively think that having @trailofbits audit their smart contract once solves the problem. Wrong. Formal verification and compartmentalization like that provided by @agoric's secure ecmascript (SES) goes further.