Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Jesse Walden of Variant Fund, and Robert Leshner of Compound explain all of the problems associated with the decentralizing process in terms of governance and compliance, pulling from their own lessons and their commentary on other projects. We cover: Why projects must start with some level centralization How projects can both monetize and not put their code at risk of being forked How they can decentralize while also maintaining security, especially for composable DeFi projects that may become vulnerable as new technology and new protocols are introduced How and when to distribute the token so as not to attract only speculators and also not trip regulatory wires  How Compound’s current governance works, how it is decentralizing, why they decided to use a governance token, and what Compound (the company) will do after full decentralization  Why open-sourced projects are still able to extract profits, even after a fork Whether or not teams should have admin keys, such as what was used in response to th