Abbas Khan ⟠@KhanAbbas201
Some audit bros are on my ass, so here’s the full explanation:
In other areas of tech, experimentation is very easy and cheap. You can launch projects, test demand, see what sticks, and shut down what doesn't. The cost of learning whether an idea is worth pursuing is very low.
This encourages speed, iteration, and risk-taking. Most projects fail, and that’s fine, because failure is affordable when it comes at a low cost.
In crypto, experimentation is expensive from day one.
The moment a product touches user funds, expectations jump straight to production grade security. No one wants to interact with a codebase that hasn't been audited, often multiple times. This is rational behavior because the stakes are high.
As a result, crypto ends up biased towards teams that already have capital. Smaller and bootstrapped teams don't launch at all or they take shortcuts that increase risk, neither of which is healthy.
This raises the barrier to entry and filters out a huge amount of projects. Many ideas never get tested and we lose out on useful potential projects.
If crypto wants more innovation, it needs to make it cheaper to fail early.
Right now, failure is too expensive, and that’s one of the biggest reasons experimentation in crypto lags behind other major technology sectors.