Emily Tonelli
155 posts

Emily Tonelli
@ETincryptospace
zk for the world + artist + tortoise-shell cat lover @hyli_org @skipprotocol @oasisprotocol


Danny Ryan on why Wall Street cares about decentralization Etherealize co-founder and a key architect behind Ethereum’s transition to proof-of-stake is asked if Wall Street institutions care about “decentralization.” “That’s not the right word,” Danny replies. “They care about counterparty risk.” He explains: “They care about — in a transaction or a particular market — who can screw me over? And if the infrastructure is decentralized, nobody can turn it off, and their transactions will execute as intended . . . [that’s an] elimination of counterparty risk. That’s the operative lens of how they view the world, and if you explain how these systems work to them — and the difference between Ethereum and alternatives — they’re like, ‘Oh yeah, we do love decentralization because we have risk models and this helps us on our risk model.’” Danny jokes: “I’ve been looking for a customer of decentralization other than the cypherpunks I hung out with for the past 8 years, and I found it on Wall Street.” As long as you speak the right language and frame it the right way, Ethereum’s decentralization is deeply important to Wall Street institutions.


in france, we use one app to find a terasse with the best sunlight, and the second app to find the cheapest pint of beer in that area if you're not aperomaxxing with tech then what is it good for?



highest required skill for crypto roles right now: living in NYC


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I thought I was lining up my upcoming time off well until my brother sent me this. Someone is clearly winning







