Member Since 2022
Pastel Network
New York City Area
2022 was quite the year for crypto. It saw incredible innovation and greater adoption. This progress was accompanied by some major growing pains, including major hacks and scams amid an overall bear market.
The crypto industry isn’t unique in facing a developer shortage, but it can develop some unique solutions to the problem.
The crypto industry would be wise to learn from and adopt the proven principles and processes TradFi relies on to protect consumers.
Full transparency around transactions, projects and technologies is the only way crypto can grow as an industry.
For effective, consistent results, enhancing the security of bridge protocols must begin with smart practices by developers.
Changing negative perceptions of the crypto industry entails a combination of education and consistent, smart SOPs.
While rising interest rates can entail increased risk for the crypto industry, they may also bring new opportunities.
There have been too many hacks involving losses in the hundreds of millions of dollars due to design failures and a lack of robust security standards.
Pastel Network is a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens ("NFTs") and Web3 technology. Pastel infrastructure enables existing layer-1 blockchains, decentralized applications, or third-party enterprises to protect creators and collectors. From digital collectibles & media to documents & applications, users and developers are able to certify asset rareness and truly store data forever. Lightweight protocols delivered by interoperable open APIs such as Sense and Cascade can be easily integrated across existing networks. A wide range of Web3 applications can be built directly on the Pastel Network, enabling developers to enjoy the scalable registration features, storage processes, and security of the broader ecosystem.
Cryptocurrency