Too Long; Didn't Read
Recently, the crypto community <a href="https://www.usv.com/blog/the-myth-of-the-infrastructure-phase" target="_blank">has been reacting to a blog post from Union Square Ventures(USV) that debunks the infrastructure-first myth in technology</a>. In their thesis, USV explains that many breakthroughs in infrastructure are driven by the evolution in applications and extrapolates some of those ideas to the Web 3.0/blockchain space. I found some of the ideas in the USV very thoughtful but also overly simplistic to the point of resulting impractical in many areas of the crypto space. Today, I would like to deep dive into the dilemma between infrastructure and applications when comes to security tokens.