In the early 2020s the DeFi technology infrastructure was insufficiently developed to support DeFi growth estimates and growth potential, and fulfilling that potential requires significant tradeoffs between scaling, security, and levels of decentralization.
Source quote, verbatim
In the early 2020s, the DeFi technology infrastructure was insufficiently developed to support DeFi growth estimates and growth potential.
Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663
Holds when
DeFi infrastructure as of the early 2020s
projected DeFi growth rates
Classification
failuresupport: arguedfailure: infrastructure shortfall against growth potentialfamily: scalability-and-throughput-limitdeficonsensus-and-securitydecentralization
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