So why is DeFi so small today (only $200 billion) when the opportunity ($400 trillion) is so huge?
Finance is slow.
It can take days to buy, sell, or trade assets.
Finance is inefficient.
Multiple intermediaries are involved in any non-cash transaction.
Finance is unnecessarily expensive.
Remember all those intermediaries? They each take a cut.
DeFi sucks for developers.
Up to 90% of developer time is wasted battling code. And still there have been over $1bn of hacks and exploits in the last year alone.
DeFi sucks for entrepreneurs.
It can cost millions of dollars and years of work building a DeFi business.
DeFi sucks for users.
Would you want to pay hundreds of dollars in fees or wait hours for a transaction to confirm?
Neither do millions of others.
Introducing Radix Engine and Scrypto: an intuitive smart contract platform that gives developers an unfair advantage and has the essentials for finance built in.
Blueprints, royalties, and services in a thriving marketplace of DeFi dApps where developers will be able to rapidly innovate, share, and earn, accelerating the path from idea to revenue.
Cerberus Consensus keeps transactions fees low forever, enables unlimited scalability through unlimited parallelism, while ensuring any number of dApps can work together instantly, always.
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