How Can a General-Purpose zkVM Achieve Network Effects?
By Kevin Liu, ZKM Co-Founder and CEO Network effects, as defined by Andrew Chen(a16z) in the book, The Cold Start Problem, describes what happens when products get more valuable as more people use them. As a founder of a hardcore infrastructure project building a general-purpose zkVM to unify liquidity across blockchains, how to achieve network effects for a lower-layer infra project is what I think about all day and night.2B or 2C?A lot of investors have asked me the same question: how can a...
How Can a General-Purpose zkVM Achieve Network Effects?
By Kevin Liu, ZKM Co-Founder and CEO Network effects, as defined by Andrew Chen(a16z) in the book, The Cold Start Problem, describes what happens when products get more valuable as more people use them. As a founder of a hardcore infrastructure project building a general-purpose zkVM to unify liquidity across blockchains, how to achieve network effects for a lower-layer infra project is what I think about all day and night.2B or 2C?A lot of investors have asked me the same question: how can a...
The Evolution of DAOs: The DAC
Originally published on Kohi, 09/2022.On the need to enable web3-based businessTo anyone reading this right now, it probably goes without saying that an ethos of horizontalism and the breaking down of certain traditional hierarchies are popular philosophical cornerstones that have informed web3 technologists and users to date. Developers and regular consumers alike have been given good evidence time and again to distrust highly centralized actors who have unchecked authority over their data, ...
The Evolution of DAOs: The DAC
Originally published on Kohi, 09/2022.On the need to enable web3-based businessTo anyone reading this right now, it probably goes without saying that an ethos of horizontalism and the breaking down of certain traditional hierarchies are popular philosophical cornerstones that have informed web3 technologists and users to date. Developers and regular consumers alike have been given good evidence time and again to distrust highly centralized actors who have unchecked authority over their data, ...
The Path to Decentralization
Originally published on the Ethereum Magicians forum, 01/09/2023. By Kevin Liu, Metis Co-Founder and ZKM 3 CEO In the evolving landscape of blockchain technology, the concept of decentralization has emerged as a guiding principle, especially for Ethereum, where decentralization is the key differential factor and advantage compared with other blockchain ecosystems. However, the problem remains the same now as it did going back to Ethereum’s first baby steps: How do we get there? As in this pos...
The Path to Decentralization
Originally published on the Ethereum Magicians forum, 01/09/2023. By Kevin Liu, Metis Co-Founder and ZKM 3 CEO In the evolving landscape of blockchain technology, the concept of decentralization has emerged as a guiding principle, especially for Ethereum, where decentralization is the key differential factor and advantage compared with other blockchain ecosystems. However, the problem remains the same now as it did going back to Ethereum’s first baby steps: How do we get there? As in this pos...
Yield Farming Cannot Be The Organic Future of Blockchain
Originally published on Hackernoon, 06/27/2020. High APY won’t last long, Defi + upgraded DAO is the true futureThe farming maniaHave you enjoyed the yield farming in the last couple of days? The price of COMP has jumped from $30 to $340 in just a week. And by supplying token assets on Compound, the lenders(of some tokens) could earn 20%+ APY (not counting the incentives COMP yet). On Saturday, June 20, Compound has overtaken MakerDAO to become the largest decentralized finance protocol by to...
Yield Farming Cannot Be The Organic Future of Blockchain
Originally published on Hackernoon, 06/27/2020. High APY won’t last long, Defi + upgraded DAO is the true futureThe farming maniaHave you enjoyed the yield farming in the last couple of days? The price of COMP has jumped from $30 to $340 in just a week. And by supplying token assets on Compound, the lenders(of some tokens) could earn 20%+ APY (not counting the incentives COMP yet). On Saturday, June 20, Compound has overtaken MakerDAO to become the largest decentralized finance protocol by to...
All Blockchain Governance Protocols (2020 Edition) - Reviewed
Originally published on Hackernoon, 06/24/2020 Although human kicked off a quite challenging start of the year 2020, for most governance protocols of DAOs, they have made pretty great progress and gained a lot of attractions alongside DeFi. It was reported Tim Draper, the billionaire VC who has previously backed Tesla, SpaceX, Coinbase, and Baidu, has bought $1 million valued Aragon network's ANT token on Feb of this year. And Moloch just launched its v2 and introduced LAO with pure mone...
All Blockchain Governance Protocols (2020 Edition) - Reviewed
Originally published on Hackernoon, 06/24/2020 Although human kicked off a quite challenging start of the year 2020, for most governance protocols of DAOs, they have made pretty great progress and gained a lot of attractions alongside DeFi. It was reported Tim Draper, the billionaire VC who has previously backed Tesla, SpaceX, Coinbase, and Baidu, has bought $1 million valued Aragon network's ANT token on Feb of this year. And Moloch just launched its v2 and introduced LAO with pure mone...
