🚨 Grayscale's @LowBeta said:“Phase 1: institution-centric models like Canton. They solve privacy and identity the way TradFi does today. They'll see shorter-term success.”https://t.co/psqoRKHes0“Phase 2: hybrids, Avalanche with both institutional and permissionless features, Ethereum L2s.”“Phase 3: pure decentralized finance. Peer-to-peer. Smart contracts. Disintermediation of institutions. That's the ultimate vision. And the investment upside gets bigger with each phase.”
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