Dieter Shirley, co-founder of Dapper Labs, discusses the long-term legitimacy challenge facing the NFT ecosystem during a panel on blockchain infrastructure.
“I think that the, there is, Going to period be a period of time when there's a washout of some of these teams that maybe, you know, maybe they didn't even necessarily have bad intentions. They just bit off more than they could chew and didn't realize how, how complex what they were implicitly promising to people really is.”
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More from Dieter Shirley
AssertionContradicted
Shirley: Ethereum 2.0 eliminates single shared state space composability
“What Ethereum gave us, and what Ethereum too is unfortunately going to be taking away from us, is a single shared state space where every smart contract can talk to every other smart contract and maintain those, you know, acid transaction guarantees that make …”
Dieter ShirleyMay 21, 2021▶ 3:31NBA Top Shot and the Flow Blockchain
Insight
Shirley: Fiat and crypto conflict over transaction reversibility, enabling fraud
“That the traditional fiat world of finance and the crypto world of tokens, they do not play nicely with each other. One of them has a presumption that every transaction is undoable. The other has the presumption that no transactions are undoable. And that open…”
Dieter ShirleyMay 21, 2021▶ 8:47NBA Top Shot and the Flow Blockchain
AssertionSupported
Shirley: CryptoKitties broke Ethereum at just 10,000 daily active users
“CryptoKitties broke Ethereum with sort of, You know, 10,000 ish users per day. And you can't build a consumer company at that scale. It's simply untenable.”
Dieter ShirleyMay 21, 2021▶ 16:55NBA Top Shot and the Flow Blockchain
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