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Private chains like Canton threaten crypto-native innovation
  • Permissioned validator sets recreate traditional finance gatekeeping
  • Unlikely to support experimental DeFi or risky innovations
  • Risk of financial infrastructure consolidating with incumbent players
  • Could bifurcate ecosystem between 'clean' and 'wild west' chains
JasonEmpire00:52:51

Supporting quotes

pumped up funds never being created on Canton. DeFi summer is never happening on Canton Jason
what if Canton in five years is like used is one of the most used chains, right? A lot of those gains just went to like the old guard Jason

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Crypto's Public Market Advantage

Discussion on how crypto's historical public market nature created unique wealth creation opportunities, and concerns about increasing privatization.

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