[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 20 KB, 400x378, 1650209791446.jpg [View same] [iqdb] [saucenao] [google]
53614603 No.53614603 [Reply] [Original]

What does DeFi need to improve on for better adoption?

>Security
>Privacy
>Better usability
>Regulation

>> No.53614811
File: 3 KB, 124x122, 1637340377320s.jpg [View same] [iqdb] [saucenao] [google]
53614811

>>53614603
DeFi is scam, it doesn't need any damn thing, normies are loosing money every day to Impermanent loss, hackers everywhere, in fact, crypto is just a scam like you OP, fuck you

>> No.53614837

>>53614811
It's a normal day, the sun is shinning, sky is blue, a retard is airing it's view.

>> No.53614839

>software developer
Said no woman ever.

>> No.53614927

>>53614603
Crypto is all scam, get out while you can.

>> No.53614971

>>53614927
How is biz full of crypto FUD? Are you all so bad at this?

>> No.53615012

>>53614811
It only needs to be improved ranjeet besides normies are always after PnDs instead of fundamentals.

>> No.53615070

>>53614971
Because we want to save your life before you commit suicide

>> No.53615113

>>53614927
Dude why the fuck did you leverage trade 1 million dollars down the drain?

>> No.53615121

>>53615012
What is there to improve, pajeet?
The scam, fraud or what?
Get loss

>> No.53615168

ive been there. had bitcoin since 2013, then invested in ETH at the ICO, basically lived off crypto for years just selling some to get by, 2017 comes around lose most of my stack playing roulette. never mind, invest 400 quid in ICO, make 70k back in action, up to 200k again. then spend it become penniless. 2019, have to leave the country, find 6 ETH in a forgotten wallet, use it to start new life. start my own shitcoin in defi summer, back up to 200k, get gf pregnant, need to rug shitcoin, rug it, use the money to look after my gf and kid, penniless again, find out i got the ENS airdrop nice 40k. back in action, spend it during last year, penniless again, get job at crypto exchange, invest in K*nshi (fuck jannys) back in 6 figure hell. it comes and goes.

>> No.53615248
File: 254 KB, 900x684, 1637338912650.png [View same] [iqdb] [saucenao] [google]
53615248

>>53615012
Improvement is key, with privacy, and data/ID management projects coming up in the space, I'm certain that getting rid of scam and fraudsters is possible

>> No.53615344

>>53615121
Dont be ignorant desu, an easily accessible defi space with solid asset security protocols will change everything.

>> No.53615391

>>53615248
Data and identity mgmt is more of web3.

>> No.53615533

>>53615070
Save yours and leave my damm life

>> No.53615571
File: 4 KB, 250x247, 1673965446480841.jpg [View same] [iqdb] [saucenao] [google]
53615571

>>53615012
Those are the ones that end up the hardest fudders after all the loss.

>> No.53615580

>>53614603
It needs to be something other than a Rube Goldberg machine designed to rug people slowly.

>> No.53615638

>>53615344
This will have the highest positive impact, if the government doesn't shut everything down.

>> No.53615641

Actually taking defi serious haha. You know it needs to be succesfull? Not rely on sinking shitcoins to generate profit

>> No.53616120

>>53615344
Yea, Ore ID is already in the verge of proffering solution to this menace via their ID management system, hopefully, they is hope for DeFi and web3 as a whole.

>> No.53616166

>>53615391
Yes, one of the major problem facing web3 is data security, and privacy, but seeing many projects bringing solution to web3 data, the future of web3 is bright.

>> No.53616210

>>53615571
Zoomers living on the fast lane.

>> No.53616237

>>53615638
CBDCs are still in the pipeline, lets see where we are heading to with that.

>> No.53616238

>>53615638
With the use of ZKPs which almost all the privacy projects are already using, I'm certain that the government will come to terms with PriFi

>> No.53616278

>>53616120
I have been reading about this, looks promising but more useful with linking of web2 to web3 imo.

>> No.53616291

>>53616237
CBDC are centralized, and crypto is decentralized, as a matter of fact, both can't work in handi, we are fucking tired of CeFi, DeFi is the future, and the damn future is now

>> No.53616356

>>53616278
Yea, their main aim is to connect web2 to web3 and as well make blockchain easily accessible by folks and normies globally, a lot of projects are already in partnership with them, the recent one is Telos, ALBT, ALGO etc.

>> No.53618379

>>53616166
Same issue with DeFi anon, same.

>> No.53618529

>>53618379
Web3 and DeFi are same fag, so both are facing the same issue, which is data and identity theft, but solutions are already found with Ore

>> No.53618605

>>53615168
You spent your ENS airdrop? this is a sign you will die poor.

>> No.53618627

>>53615580
It has a lot of uses already but you got to be smart to see it, too bad you are not.

>> No.53618645

>>53616120
Telos adopted the solution, I'm waiting to see the implementation in the dapps.

>> No.53619017

>>53618605
It wasn't intentional, his wallet got hacked, he's such an unfortunate motherfucker

>> No.53620591

>>53615168
>ENS
How come you could see that ID management solution has potential but you still spent it all before the pump.

>> No.53620634

>>53615248
>ID management projects coming up in the space
Defi will be a lot better with this obviously.

>> No.53620867

>>53616120
Staking this token on Polygon is the best pool, I might be able to order a busty asian when I get the rewards.

>> No.53620913

>>53615641
I made some losses with shitcoins but most got me gains and I'd keep buying low caps.

>> No.53620959

>>53616120
Their NFTs are the most innovative yet imo.

>> No.53621021
File: 38 KB, 833x838, 1674766070362182.jpg [View same] [iqdb] [saucenao] [google]
53621021

>>53614603
Regulation will go a long way to attract many institutional investors.

>> No.53621413

>>53618645
Their developers are already benefitting from the 3M free cloud wallet offer through Ore ID

>> No.53621575

>>53615113
That's some bloody lies. Anon trying to chase clout. kekk

>> No.53621602

>>53620959
Feels good to see how managing access control for off-chain APIs is made with this NFT is made easy

>> No.53621649

>>53621021
Yea, with the inception of regulation, normies will want to adopt privacy to secure their assets to avoid excessive taxation, this will in turns attract more investors

>> No.53621702

>>53614603
All of the above OP. Most important is better usability and security.

>> No.53621719

>>53620867
The ORE-ETH pairs is my favorite so far

>> No.53621739

>>53621021
You think so? You openly want to sell your privacy and you call it regulation? Crypto won't get better with regulations because it's meant to be decentralized.

>> No.53621759

>>53616120
What's so important about DID in web3?

>> No.53621805

>>53614603
Nothing, it's a scam. Don't listen to anything the 1pbtid street shitter has to say on the subject

>> No.53621817

>>53620634
Yea, with the unified ID login password for multichain, the rate of fraud and data theft will reduce drastically

>> No.53621873

>>53615641
Got some defi plays already. Lookin for long term defi projects.

>> No.53621890

>>53615391
Looks like we have a new narrative. The talks about AI and web3 is not so much talked about anymore.

>> No.53621924

>>53621719
A pair with ETH is definitely worth considering.

>> No.53621956

>>53621739
Every human has a right to privacy, although blockchain is an open source ledger, but privacy is also necessary to curtail hacking and instill confident in the space

>> No.53621978

>>53614927
dumb ass. You can only make generational wealth in crypto. Start to DCA now. FET, ORE, GRT, DYDX and APT.

>> No.53621985
File: 1.51 MB, 2777x777, 1623573245252.png [View same] [iqdb] [saucenao] [google]
53621985

>>53616120

>> No.53622006

>>53621924
Obviously, both pairs have strong fundamentals and utility, so I got nothing to worry about

>> No.53622027

>>53616166
Web3 still have a lot to solve. It will be great to see projects with actually solutions to this problems and not some cash grabs with tokens.

>> No.53622084

>>53616291
Privacy is the only utility for the blockchain. Let it gain mass adoption.

>> No.53622111

>>53621759
Without ID management, your data can easily be sold to third-party without your knowledge, so it ensures you are able to log in to multichain with a single login password

>> No.53622131

>>53622006
ETH has the potentials to go 10x in the next bull run. ORE has got a very low MC with good utility. People are yet to notice it.

>> No.53622140

>>53616278
The most exciting part is making blockchain easily accessible to normies globally

>> No.53622218

>regulation
no thank you

>> No.53622223

>>53614811
DEFI gave crypto a better adoption IMO. Well, go put all your money in the bank if you think Defi is scam. You likely are not LP'ing ORE/ETH.

>> No.53622226
File: 485 KB, 600x1078, 1637141754521.png [View same] [iqdb] [saucenao] [google]
53622226

>>53620634
As privacy becomes a priority in the DeFi space, it's obvious a global DeFi adoption is near, as this will ascertain anonymity in the space.

>> No.53622272

Need a defi that magically works where impermanent loss isn't a thing.

>> No.53622335

>>53622084
If I could have a full custody of my assets from a universal account with wallets spread across different chains, I'd be the most happiest fag on earth.

>> No.53622354

>>53622131
Because of its low cap and massive utility and solution on the web3 space, a 20x is inevitable with ORE should ETH does a 10x

>> No.53622365

>>53615641
Is this how you'll end tour life??

>> No.53622369

>>53622272
Nothing of such now anon. Just try to manage your risk with Defi. ETH pair are good.

>> No.53622403

>>53614603
A billionaire portfolio will certainly have blue chips such as BTC and ETH. Low-caps like ORE and ENS won't be missing out because of their practical use-case in asset management and self-custody.

>> No.53622439

>>53615641
Can't leave defi for what the bank gives. That must be a joke. Thanks to Defi else crypto would have been boring.

>> No.53622450

>>53614837
Wtf are you saying, if fags can loss money in crypto why won't they say shit about it? And who should be blame for hacks??

>> No.53622485

>>53614603
DeFi without privacy is like going naked to dump your money in the bank while the bank announces your balance to the public, you are not safe at all, until privacy becomes a priority, institutional investors may likely not invest a huge amount into the DeFi space.

>> No.53622519

>>53621978
You've got a good selection here in ORE. ID management solutions will be one of the trends this year that'll melt faces.

>> No.53622526

>>53622223
As such, Crypto and DeFi needs security & privacy to scale beyond the current stage

>> No.53622550

>>53622485
Lol and I've been fucking my neighbor's wife not until he change the locks to biometric.

>> No.53622670

>>53614603
cross-chain liquidity (ccip)
account abstraction (wallets)

>> No.53622683

>>53619017
Then there is the need to inform retards about the need for self-custody and how to manage their assets without fear of hacks by using the OREID.

>> No.53622695

>>53622550
Just imagine the bull shit, now you can't continue fucking your neighbor anymore

>> No.53622705

>>53614811

>loosing

Stupid nigger lol

>> No.53622732

>>53622140
How about normies being the most foolish set of Asians?

>> No.53622768

>>53614603
security, it's a fucking joke

>> No.53622770

>>53614603

Usability. Basically need to have an app, ONE app. That you can on-ramp money, make swaps, use any defi you want, and it all feels easy and you aren’t terrified of losing your funds.

This will either come froma CEX or L1s will build these apps for their chains and dapps. I hope it’s L1s but honestly the L1 foundations are all kind of retarded at business.

>> No.53622805

>>53621759
It's good to know that self custody is already giving hackers sleepless nights, thanks to DiD in web3.

>> No.53622838

>>53622770
I hate CEX, it hurts to see it on biz. It reminds me of how much I've lost.

>> No.53622979

>>53619017
That happened because he didn't use private wallets, these would have shielded his transactions and prevented his wallet from public view.

>> No.53622990

>>53620913
Then you've got to dca ORE, ICP, and HBAR and make some millions.

>> No.53623020

>>53621739
Privacy isn't in war with the government, the government should fucking go arrest drug lords

>> No.53623066

>>53622526
Not your keys not your coins. Self custody is the way forward and identity management protocols are helping tools.

>> No.53623134

>>53623020
With the modern tech like ZKPs, the government will definitely come to term with privacy

>> No.53623148

>>53614603
a network that is decentralised and not controlled by the US govenrment like ethereum has been since proof of stake.

>> No.53623154

>>53614603
The future of finance is clear, those advancing blockchain interoperability which are ORE ALBT, QNT , ALGO, DOT etc.

>> No.53623180
File: 23 KB, 840x405, 1673468366447357.jpg [View same] [iqdb] [saucenao] [google]
53623180

>>53622979

>> No.53623240

>>53619017
It's always advisable to take charge of assets using non-custodial wallets. Projects like ORE has made self-custody a whole lot easier for regular folks, with simple wallet creation and management experiences.

>> No.53623318

>>53621873
GRT is actually a good project from my research, I got some using DCA during the bear, but I think web3 projects like ORE stands a better chance to get bags filled.

>> No.53623330

>>53623148
Fuck the government

>> No.53623426

>>53621817
Can I stand the multiple passwords in wallet??

>> No.53623462

>>53623426
Yea, you can have it in your wallet, you use the same ID on multiple wallet login

>> No.53623474

>>53614971
Poor fags always feel that way

>> No.53623522

>>53616120
The potential for a single password solution to access multiple blockchains and the development of core services for more chains is impressive.

>> No.53623528

>98 replies
>87 posters

Totally organic thread

>> No.53623557

>>53623426
With the OREID, there is no need for lots of passwords anymore.

>> No.53623587

>>53623330
Government can't stay off forever, one day they'll jerk in

>> No.53623613

>>53623180
Get me your password before you take your life retard

>> No.53623773

>>53622732
Nothing to panic anon, ORE is creating an easy sign-on solutions for normies to easily get started in web3 using regular web2 social logins for authorization.

>> No.53623802

>>53622369
ORE, Asset management solutions. Passively enjoying some juicy APY in its ongoing liquidity mining pool on allianceblock.

>> No.53623815

>>53623318
Most especially DiD protocol... They are a top notch.

>> No.53623860

>>53623802
Staking in the powerpoolcvp YLA index, users earn decent returns as high as 51% APY on stablecoins and CVP boost.

>> No.53623914

>>53614603
The adoption of Defi and TradFi is what I look forward to, with project like Ore network its becoming quite easy.

>> No.53624097

>>53618605
Not really sure about DiD projects... Maybe I'd dyor

>> No.53624380

>>53622006
The main focus should be on privacy and DiD management projects

>> No.53624403

>>53623474
Kek

>> No.53624504

>>53624097
Managing multiple wallets is now like a piece of cake, a single sign-on and having access across chains from a single and secure point.

>> No.53625563

>>53614603
>Better Usability

Fir me utility matters especially with crypto, now with the adoption of crypto as payments that's financial freedom where we can own our money and pay with it from anywhere at anytime I want.
Web3 payments is the future imo. And soon xMoney will be a one stop solution for that.

>> No.53626818

>>53622354
These decentralized id solutions are not one to sleep on.

>> No.53626824

>>53622335
Self custody is the basic concept of crypto, all others are centralized faggots.

>> No.53626832

>>53622519
Telos just adopted this, it's looking good already.

>> No.53626882

>>53624504
This is for only platforms that have those solutions integrated and they are few, most of the time, it's still a complicated shit.

>> No.53626925

>>53614603
It needs to be understandable to a normie. Most defi shit is too meta. Smart contracts on top of smart contracts on top of smart contracts. It literally takes multiple hours of research to understand how CVX works for example. Most defi founders are high iq but fail to explain their shit in 1 sentence.

>> No.53627501

>>53622990
ICP is gaining more attention because of NFT, and I think with the current mcap for ORE and the upcoming listing on MEXC, the token is on its way to $1

>> No.53627535

>>53626832
Their partnership with Telos has helped them to onboard normies into their platform at ease

>> No.53627556

>>53627535
Join the ongoing AI airdrop and earn $400
Download the app via: https://play.google.com/store/apps/details?id=plus.H5A9BD5FD
Register and activate your wallet.
Go to "My Profile" and Click "Invitation"
Type in the invitation code SANLkk and click "Binding" to earn $400.

Goodluck

>> No.53627804

>>53624380
The importance of privacy cannot be overemphasized and imo its the best strategy to achieve high level asset security.

>> No.53627823

>>53623134
I dont think so, they are fighting tooth and nail to bring in CBDCs. Privacy platform needs tech that bridges the gap between privacy and compliance like the view key tech.

>> No.53627842

>>53623066
I think DiDs should be the main trend now instead of AIs.

>> No.53627855

>>53623020
The more crypto users utilize these privacy platforms, the more the govt will come to term with it as a means of securing ones assets. Mass adoption of crypto privacy will be a game changer.

>> No.53627869

>>53622979
Normies never learn? the Railway privacy wallet is basically free on the Appstore.

>> No.53627948

>>53627823
Do you really understand what ZKPs entails?
Maybe you should dyor on it, because zpks prove to another that a certain statement is true, without revealing any information beyond the fact that the statement is true
Tell me why the government won't come to term with it

>> No.53628355

>>53627501
The mcap has more than doubled in the last few days.

>> No.53628367
File: 53 KB, 443x443, 1650456801680.jpg [View same] [iqdb] [saucenao] [google]
53628367

>>53623318
It's a microcap, it will soon get listed on MEXC

>> No.53629091

>>53627501
When is the listing happening?

>> No.53629162

>>53628355
That's just the beginning, by the time the 3M users that will create new cloud wallets on Telos join the system, a 10x is inevitable

>> No.53630824

>>53629091
No specific date has been slated for the listing yet, but I think it's happening very soon