Welcome to Crypto Long & Short, our institutional newsletter. This week, we focus on the need to safeguard the people behind DeFi infrastructure.
Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, emphasizes the importance of protecting open-source, permissionless, and non-custodial technology. She highlights the introduction of the Promoting Innovation in Blockchain Development Act, which aims to protect software developers from misclassification under criminal code.
Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, discusses Ethereum's scaling problem, arguing that the rollup model was flawed from the start, and that state channels offer a more promising solution by enabling peer-to-peer transactions without intermediaries.