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Lei Yang

๐Ÿ‘ค Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

But, you know, we just want to build apps because it's such a pain in the ass to get all the infrastructure ready for an app chain.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Think about on-ramping, off-ramping, bridging.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

security, getting the servers, paying for the servers, thinking about gas tokens, and all sorts of stuff, right?

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So RPC, for example, I think each individual ticket is not a big effort, but combined,

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

You cannot imagine how much time and energy we have to burn on just getting all those infrastructure projects and infrastructures lined up for a chain.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So I think building on a monolithic chain also saves that headache from app founders.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And then I think composability or asynchronous composability or cross-chain transfers, however you want to call it,

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

I think there are fundamental limits.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Light clients are not there still.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So without light clients for layer ones, it's, I would say, almost impossible for people to build fully trustless, fully decentralized cross-chain transfers.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And I think that's a big headache.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So just technical wise, I don't think you can get as seamless or as secure of an application if you just build an app chain.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So yeah.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yeah.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And I guess finally the brand, the distribution channels, a monolithic chain might have, it's more like people banding together into some sort of a nation or some sort of a, like a,

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

federal, federated states, some sort like that.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

I think these are the main benefits, I think, to build on a chain.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

But of course, I think some applications that does not, there are, of course, applications that do not care about or do not care a lot about, say, the cost of upkeeping the infrastructure.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

They have their own distribution.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Yes, and I would say, yes, it's probably more beneficial for them to build an app chain just because they control the entire app stack, sorry, the entire tech stack.