kaal:claim:3606663-003

The expected growth rate of DeFi, across diverse estimates, is large enough to call into question the long term viability of the existing decentralized technology infrastructure unless core infrastructure improvements are made.

Normatively, the paper points out that the expected growth rate of the DeFi, according to diverse sets of estimates, is substantial enough to call into question the long-term viability of the decentralized technology infrastructure without core infrastructure improvements.

Kaal, Digital Asset Market Evolution (2020), I. Introduction, p. 7
https://ssrn.com/abstract=3606663 · source PDF

Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

• decentralized finance built on existing public blockchains
• growth continues at estimated rates

failuresupport: arguedfailure: infrastructure cannot absorb projected DeFi growthfamily: scalability-and-throughput-limitdefidecentralization

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