Feb 22, 2024

Nansen senior research analyst Nik Polk answers five rapid fire questions from CoinDesk including his crypto genesis story, rising interest in ether (ETH) staking and his definition for proof-of-stake.

Video transcript

Why is it staking at its all time high at new, all time highs every week. It's just continuously been going up. And I think it will for quite some time to come explain proof of stake to my mom. Either you can prove that something is right by doing something really difficult or you can just give someone something of worth. So they have to trust you basically like a poncho. What's your crypto genesis story? I came into crypto by a friend and my port went through the roof almost to zero through the roof again. And I think it kind of triggered my gambling addiction, my hidden gambling addiction and that's why I got stuck there. What's the most exciting defi development to date? I really like the concept of Davos of decentralized autonomous organizations to bring people together from various quarters of the world without them having to even know each other e price prediction by end of year, by end of year, I think it's going to be at 4500

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