2 years ago
Breitman revealed that Tezos’ solution to the blockchain trilemma is utilizing optimistic rollups successful an exclusive interrogation with Cointelegraph.
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Arthur Breitman, the co-founder of Layer 1 protocol Tezos, spoke with Cointelegraph's Jackson DuMont astatine the Paris Blockchain Week Summit (PBWS) past week astir what it volition instrumentality to unlock decentralized finance, oregon DeFi's existent potential. Brietman delivered a keynote code pursuing this interrogation astir the company's strategy.
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According to Breitman, "people haven't truly tapped into DeFi for real-world assets being tokenized." When helium says real-world assets helium means stocks, existent estate, integer creation oregon "anything you tin deliberation of." While calling for a merge of accepted fiscal securitization and DeFi applications, Breitman besides believes that the financialization of NFTs "is going to beryllium a large thing."
He added that owed to the sizeable hype astir DeFi and NFTs astatine the moment, it's hard to find what volition really beryllium sustainable. The hype needs to settee earlier DeFi's existent powerfulness tin beryllium unlocked due to the fact that "The constituent of DeFi cannot conscionable beryllium to commercialized DeFi tokens," helium said.
Additionally, Breitman affirmed that the consolidation of Layer 1 technologies is coming: "There's a gigantic untapped beingness retired determination and everyone has a batch of country to grow. We are going to spot a batch of convergence successful the plan of blockchains."
When asked astir the the scalability, decentralization and information trilemma, Breitman is definite it tin beryllium solved. He stated that Tezos' attack to scaling involves optimistic rollups, a Layer 2 solution that supports precise high-throughput usage cases. Breitman said that optimistic rollups whitethorn connection the cardinal to some horizontal and vertical scalability of blockchain networks.
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At the end, Breitman pointed viewers who are funny successful learning much astir Tezoz' scaling efforts to its 2022 roadmap. He besides expressed his excitement for the gaming assemblage and Tezos' blockchain gaining initiatives.
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