Nervos Nation: Tom Shaughnessy of Delphi Digital

In the latest episode of The Nervos Nation, Johnathan Caras and Michael Hassan speak to Tom Shaughnessy of Delphi Digital.

The conversation revolves around DeFi and the Ethereum Network.

Shaughnessy is excited about the developments that are occurring around yield farming but is cautious about the long term prospects. He says that yield farming is “making crypto fun again” but also that “people are going to want to stop playing musical chairs at some point.”

The attention that yield farming has attracted has not only skyrocketed DeFi tokens value but also gas fees in the Ethereum Network. Shaughnessy is worried that innovation is currently being priced out because of the high capital cost currently required to deploy smart contracts on Ethereum.

“That goes against everything Ethereum stands for, in my option, it should be innovation that is happening around the world at low cost.”

This gives other block chain solutions, like Nervos, an opportunity to capture some of the activity currently taking place on Ethereum.

“I do think the window is open for a competing layer one if Ethereum does not figure out scaling.”

If you want to hear more about the activity taking place on the Ethereum and the future of blockchain, please listen to full episode here.

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