DAPPTotal Researcher Hao Tian: The DeFi project needs a security check before it goes live. If you have dangerous equipment, you can revert to zero immediately.

2020-9-10 12:20
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On September 10, 2020, the Greater Bay Area Blockchain Investment Summit was held in Shenzhen. During a panel discussion on "Conflict between DeFi and CeFi", Hao Tian, ​​senior researcher at DAPP Total, said the benefits of DeFi are easy to understand. chain. One is an exchange and the other is a list of channels. He says DeFi's strength in receiving data. Many organizations, many users are willing to invest. It is transparent, does not have black box operation and CeFi performance if it works better, can drive more traffic and has a new design. There are also exchange games. Hao Tian believes that in the long term, DeFi and CeFi are complementary and not influencers. He believes DeFi's risk is one of the code level, the second level of business logic, and the third, that DeFi still has the certification and design risk. Hao Tian said security should always be verified before DeFi projects can go live, and assets can be reset immediately if there is a security risk. .

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DaneElliot, POFIDDAO community initiator: DeFi is in the early stages of development and will be integrated with CeFi for long term development.
On September 10, 2020, the Greater Bay Area Blockchain Investment Summit was held in Shenzhen. Dane Elliot, founder of the POFID DAO community, has been invited to attend the “DeFi vs CeFi” thematic conference. When discussing the differences between DeFi and CeFi, he said DeFi was at an early stage of development. DeFi is hot, but still a small business, so if you want more users in a bigger market, you have to provide CeFi for it. . However, DeFi has many advantages, compared to mid-sized banks, DeFi platforms are flexible and perform well due to their larger capacities. Elliot added that the blockchain market is open to everyone and everyone has access to all aspects of the market. If DeFi is to replace CeFi, it will have to solve an issue that middleware cannot: privacy. Finally, Elliot wrote about the future of DeFi and CeFi in one sentence.
2020-9-10 12:21