Sam Bankman-Fried believes even ETH 2 can't handle DeFi's potential growth

in DLIKE4 years ago

STEEM POSTS

He stated that anytime his team tried to build something new they were excited about, they "immediately exceeded the throughput of Ethereum blockchain by orders of magnitude."

Bankman-Fried claims to have tested more than 30 blockchains including Ethereum, before deciding to build his DeFi project Serum on the Solana blockchain due to its speed and infrastructure.

Bankman-Fried believes that DeFi could one day be used by one billion people someday, which means that blockchains will need to dramatically expand their scaling capacities in order to support a ten-figure userbase. Even scaling


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