Taking what seems to work and making it way better won’t cause a stampede. There will be a tipping point when enough people move that the rest will have no choice but to follow.
Nothing happens overnight, but the quickest path to critical mass only comes from earth-shattering paradigm shifts.
NEAR solved sharding, fundamentally a synthesis problem. In the same vein, the problem we solve for DeFi can be what Apple did with its M1 chip. Synthesize many chips into one: less electrons bouncing around back and forth between chips = better speed and power usage.
Money Legos are cool, but come with their own crypto-economic headaches on a macro scale. It’s still many chips spread out, and figuring out compatibility tradeoffs between them and their tokens. This decentralisation comes with a security cost, as protocols’ weakest LINKs cascade into each other.
Those problems are easier to solve on a micro scale, when you squeeze features onto a single protocol in a way that they feed off of and secure each other, leaving no room for weakness. Instead of requiring features to stand separately as self-sufficient protocols, the co-dependency makes them more efficient and secure.
What if ironically, the best thing that could happen to DeFi was a bit of…central planning. If you have a track record of building on NEAR, and want to test DeFi’s version of Da Vinci’s Self Supporting Bridge…ping me john@quid.io