The end goal for DeFi is to be the back-end for finance, not the front-end.
Thoughts on who you see doing interesting work in this space? CB MPC + access to dapps within CB app is sort of like this right?
Disagree. On a long enough timescale, it’s both. Short term I agree with you. But also front ends are analogous to dumb terminals, they just do interaction. All the magic is in DeFi and wallets.
i think that analogy holds for ethereum in general too, no?
dApps are a composition of centralized and decentralized layers. Wallets are one of the weakest point in decentralized UX but innovations such as MPC and others could help.
What do you think of Reddit and their digital collectibles for NFTs?
Strongly agree. And the more radically decentralized, composable, immutable, and autonomous the base layer infra, the more the consumer-facing top layers can safely ignore all that and focus on UX
DeFi as an interoperability layer is exciting. Invisible to consumers but pivotal to developers
