The Problems
Economic security is fragmented in blockchain networks.
In Proof-of-Stake (PoS) blockchain systems, tokens are staked as collateral to secure the network of decentralized applications (DApps). However, this leaves a burgeoning category of off-chain service providers without the inherent crypto-economic security of PoS networks.
Cryptographic networks provide strong security guarantees but lack incentives to scale
Cryptographic primitives such as ZKP, FHE and MPC all suffer from scaling issues, which causes them to be under utilized as core technology. Economic incentives can help provide the necessary work to bring them to scale.
Developers must create their own decentralized networks and services from scratch.
The process of bootstrapping decentralized services from scratch usually involves designing a staking token, building liquidity, attracting investors, recruiting validators, and gaining market adoption.
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