Dialogue Andre: If you are starting a project, it is recommended to use an anonymous account

Author: cardfarm

Compiled by: TechFlow Intern

Andre Cronje has left, quietly as he came, there are too many legends and emotions surrounding Andre Cronje: admiration, anger, confusion… We have compiled the podcast interview content about Andre Cronje from Ethereum Cat Herders, focusing more on his perspectives as a developer. Here is a summary of his statements:

Perspectives

• Have a good optimistic mindset.

• Compound, as the first lending institution to aggregate assets, is a key innovation.

• The mechanism of Curve Finance is magical; it may be difficult to learn, but please do not give up.

• SolidSwap is a new project that fundamentally changes the outcome of the entire protocol, even though it only changes one line in the existing codebase.

• Multi-signature is just a stopgap before necessary processes can be defined. If the financial value protected by multi-signature becomes large enough, it will be fully utilized.

• Has always been interested in assets owned by multi-gamers and "crypto-focused economies."

• Fully decentralizing from the start sounds great, but it is not a good strategy.

• Protocols need to ensure the safety of builders.

• Not very supportive of on-chain Perps (perpetual contracts).

• The application layer has once again caught up with Layer 1; to prepare for the next wave, the capacity of L1 needs to grow and adjust again, similar cycles and trends can also be seen in smartphones.

• This technology is at the level of Ethereum in 2016 and 2017. It exists, but we need to keep building it. When the next capacity peak occurs, we will see another hype cycle.

• As we gain greater capacity from the ground up through sharding, parachains, and ZK rollup technology, decentralized Twitter, Google Maps, and World of Warcraft will become possible.

• The current anti-spam mechanism is payment. Can we use the Sybil mechanism to prevent spam? If so, this would make microtransactions a reality.

How to Get Started and Some Advice:

• Learn the codebase and finance.

• Learn Java, Javascript, and Node.js, and understand the nuances of compilers.

• It is recommended to spend 90% of your time reading code and 10% writing code. From the beginning until now, AC has spent much more time reading the codebase than writing it.

• In Andre's growth, close friend Anton played a significant role, repeatedly discussing various ideas before the project started.

• AC hates DevOps, and the ability to outsource it makes him happy. (It sounds like he thinks K3PR could be one of the best ways to manage DevOps needs.)

• Learned trading by looking at Uniswap's code, so he already has a background in understanding loans. Perps are still a mystery, and he learned a lot about options in collaboration with Hegic.

• In the current space, resources are limited, so it's best to learn from others' code.

• Much of the content is still just financial knowledge, which should not be overlooked; however, the necessity of this premise cannot be overstated.

• A basic crash course in financial knowledge is useful for learning vocabulary and understanding the basic language.

• Yearn is attached to lenders; "everything that happens is preparing for the next thing to happen."

Existing Codebases for Beginners to Study

• Compound is easy to understand.

• Uniswap v2 is suitable for beginners.

• dYdX on ETH.

• Yearn v1.

AC often writes code just to see if he can do things differently from what currently exists. This is a challenging process and the reason he eventually discovered the best protocol and designed it this way.

How to Discover New Code?

• Follow new projects.

• Browse through Olympus, Hegic, and other novel projects.

• Use Twitter to search.

• Check out Rust and Go, as well as languages in other ecosystems, to explore and stay at the forefront.

• Look for new financial elements and financial concepts.

How It Becomes Increasingly Difficult to Develop After Project Launch Successes and Failures

• Facing more scrutiny and public judgment, every action must become more cautious and thoughtful.

• AC's first credit stability experiment faced strong opposition from users, as they were unwilling to take the effort to understand the key points of the protocol.

• Must go through all of this, which will motivate him to help others with similar experiences.

Pros and Cons of Anonymity

• If the network heat is too high, you can discard an identity, but after going through so much, staying doxxed seems to be a better cost-effective decision.

• In this field, reputation is very valuable; once a good reputation is established, there will be motivation to maintain it.

• If you are just starting a project, I 100% recommend using an anonymous account.

Favorite Quote

Do not accept criticism from people whose advice you are not willing to take.