Ethereum co-founder Joe Lubin discusses multi-chain architecture for Web3 application developers at Data Driven NYC in 2018.
Assertion Not checkable as stated
Joe Lubin says Ethereum is orders of magnitude ahead of Cardano
“There, there's just I think several orders of magnitude at this point between Ethereum and let's say a project like Cardano, or R-Chain, or DFINITY, or Zilliqa, or others.”
Prediction Not checkable as stated
Lubin: Layer one blockchain scalability will happen within two years
“We have the trust layer working pretty well, and we need at layer one, that trust layer, we need greater scalability, and that's going to happen over the next year or two.”
Prediction Not checkable as stated
Joe Lubin predicts a reckoning for crypto projects that sold illegal securities
“There's also, I think, gonna be even more of a reckoning coming where certain projects obviously sold securities and sold them contrary to securities law.”
Insight
Joe Lubin: Aggressive marketing and discounts turn tokens into securities
“If you market it in enormous quantities to speculator types, and you give them big discounts, you put billboards in Times Square, leading people to believe that there is a group that they're relying on for a return of investment, that's going to be considered …”
Insight
Lubin: Self-sovereign identity on blockchains cannot be confiscated by states
“And in that context, we own our route. Nobody can take that away from us. We can be forced out of our country with no possessions, and we can reestablish that in another country when we get back on our feet.”
Prediction Not checkable as stated
Lubin: AI competition will expand to far more actors using decentralized data
“Much better information is available to a much broader audience, so there's still gonna be a crazy arms race, but it's gonna be far more actors in that race.”