Recently, Founder of Nubit had an interview while he was at the #KBW2024. Belows are highlight from the video:
TL;DR:
This video features Yu-Feng, the founder and CEO of Nubit, discussing the future of decentralized consumer networks based on Bitcoin. He explains how Nubit aims to bridge traditional web 2 developers into the web 3 space without requiring them to learn complex blockchain details. The video also covers the challenges of integrating web 2 and web 3, the role of Bitcoin in ensuring security and scalability, and the potential future of these ecosystems.
Highlights:
Introduction to Nubit
Decentralized consumer network
Secured by Bitcoin
Bridging web 2 and web 3
Shift in focus
From secure data availability
To bridging web 2 and web 3
Importance of developer onboarding
Challenges in integration
Existing blockchain building blocks
Last mileage problem
Decentralized SDK solution
Security and scalability
Bitcoin’s authenticity and limitations
Proof of Stake protocol
Economic security through Bitcoin stakers
Mass adoption and Telegram
Web 3 projects’ adoption issues
Leveraging Telegram’s user base
Decentralized SDK for seamless integration
Future vision
Need for consumer traction
Disappearing barriers between web 2 and web 3
Nubit’s role in bridging the gap