Episode Details
| Title | The Real Reason Kraken Built an L2 | Andrew Koller & Hilmar Orth |
|---|---|
| Date | 10/29/2024 |
| Podcast | Empire ↗ |
Key Insights
Bullish:
- 🟢 $DEFI - DeFi is expected to overcome current scalability bottlenecks within the next 5 years, potentially enabling fully on-chain trading with better pricing than centralized exchanges.
- “I am hopeful that like, for me, what what what are the bottlenecks, really, scalability is a huge bottleneck. Like, having order box and stuff on chain is just not feasible. Also, today on ink chain, it won't be feasible to just have everything come on chain. And 5 years from now, I'm pretty, pretty hopeful that this will actually be the case.” - Hilmar (1:06:22)
- “I think it'll be pricing. Right? So if if you get on chain, better pricing than you get on your central exchange, then, you and you have, like, KYC AML figured out. Like, your user will be prompted with, hey. Do you wanna do on chain? They shouldn't even be prompted. Right? They should just, like, get the best price.” - Andrew (8:13)
- 🟢 $LAYERTWO - 🔒
- 🟢 $GELATO - 🔒
Bearish:
- 🔻 $CEFI - 🔒