“Money legos” might be an apt metaphor for what decentralized finance (DeFi) does, but since the summer another one has applied: jackpot.
Money legos is the term used to describe the way Ethereum allows different financial services to be plugged into each other, also known as composability. That used to be mostly a buzzword, but over the past year composability has become a very real competitive advantage for DeFi. Mixing and matching smart contracts on the fly has proven incredibly valuable.
But there remains a $10.9 billion question: Will composability work as well on Ethereum 2.0 as it does now on the original version of the world computer?
Tune in tomorrow, Oct. 14, to CoinDesk’s invest: ethereum economy event beginning at 9 a.m. ET, starting with keynote speaker Vitalik Buterin.
“Composability has really mattered because it allows innovation to compound – entrepreneurs can compose with other entrepreneurs’ creations,” Chris