Bankless ROLLUP: LooksRare Airdrop | Fees.WTF | Inflation | PayPal Stablecoin | Top Shots Ban
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Jan 14, 2022 Dive into the latest crypto trends as the hosts discuss the LooksRare airdrop and its competition with OpenSea. They analyze the surge in Uniswap’s revenues and the brave rise of the Brave browser, now with 50 million users. With inflation on the rise and the launch of PayPal’s stablecoin, the conversation touches on the evolving dynamics of Ethereum and Bitcoin. They also humorously reflect on the challenges of balancing traditional finance with digital assets, all while navigating the engaging world of NFTs.
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Web3 Centralization Critique
- Moxie critiques Web3's centralization, citing JPEG data storage and API reliance on centralized services.
- He questions Web3's decentralization claims due to these vulnerabilities.
Decentralization's Long-Term Value
- Vitalik acknowledges Web3’s centralization but emphasizes limited resources as a key factor.
- The crypto industry is actively working towards decentralizing over time.
NBA Top Shot Censorship
- NBA Top Shot’s banning of users and freezing assets contradicts blockchain principles.
- David Hoffman criticizes Dapper Labs for compromising decentralization.