DyDx founder unpacks ethereum scaling and DeFi derivatives
<p>Decentralized derivatives exchange dYdX is expanding. After raising $10 million in Series B funding last month, the team is gearing up for its coming V3 launch.</p><p>Founder Antonio Juliano sat down with The Scoop this week to talk about where the decentralized finance (DeFi) space is going in the coming year. They could be the answer to the traditional financial system's transparency and security problems. But first, they have to scale.</p><p>Juliano told The Scoop how dYdX is handling scalability, including mitigating high gas fees. They're using ZK-Rollups, or zero knowledge proofs. These proofs take information an...
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