Edan Yago, product lead at Sovryn, talks us through the prospects for DeFi on Bitcoin. In this episode:
- Edan Yago's origin story
- How Edan became disenchanted with the Bitcoin community's ambition
- Did Bitcoiners compromise on an original vision of adopting successful alternative technologies?
- Is Bitcoin sufficiently expressive to be a functional base layer for smart contracting?
- Was the original vision of sidechains abandoned?
- The state of the art in trustless sidechains
- Is the perfect the enemy of the good with Bitcoin?
- Is Lightning "worse is better"?
- Is Bitcoin hamstrung by the pursuit of perfection?
- Why compromising on trust assurances has been a boon for Ethereum
- Why native smart contracting on Bitcoin is superior to using wrapped Bitcoin on Ethereum
- Do rollups break composability for DeFi?
- Is DeFi subsidized by token issuance and liquidity mining?
- What can Bitcoiners learn from Ethereum?
- Thoughts on other Bitcoin L2s like Blockstack
- Update on Rootstock/RSK and why Sovryn is building on it
- What Sovryn is and what you can do with it
- Does Sovryn require any changes to Bitcoin itself?
