Safeguarding DeFi Infrastructure Builders

Welcome to our institutional newsletter, Crypto Long & Short. 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 software developers who create DeFi technology. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, discusses the flaws in Ethereum's Layer 2 scaling strategy, which he believes was designed with a mistaken assumption about the network's limitations. He argues that state channels offer a more promising solution for cross-chain transactions.