Base Layer
topic on 1 show · 2 statements across 1 episodes
2 statements about Base Layer, every show
Dennis Nazarov: Base crypto layers resemble countries while top-layer apps resemble corporations
“And maybe an analogy is the base layer is sort of like a country. It's like, you're a citizen of America. You get to vote and participate in, you know, elections and to decide kind of policy. Taxation policy is the substrate for all economic activity built on …”
Jesse Walden: Base layers suit single tokens, higher layers require separated governance
“So I would argue that the base layer of the system being more general lends itself to this sort of single token model a little bit better. But as you move further up the stack, I think you do want this separation between sort of the management and the users be…”