Live X Space
In a dynamic Xtalks session hosted by Kody from Layer One X, experts explored the critical question: Who Guards the Gates of Web 3? The discussion spanned security, community roles, regulation, and education, highlighting the multifaceted challenges of protecting the Web 3 ecosystem.
Key Participants
- Kody (Layer One X): Guided the conversation.
- Adam (Songjam): Focused on blockchain infrastructure security.
- Crypto Psycho (BiscuitL1X): Emphasized the role of media and influencers in shaping Web 3 narratives.
- Victor (Kinto): Highlighted technical and compliance protections.
- Alex (Maveryk): Critiqued centralized exchanges’ practices.
- Mr Konsole (Biga Arcade): Stressed community-driven project safeguarding.
- Batsi (PIPE gDAO): Discussed regulatory arbitrage and impact funds.
- Carmen (Over the Reality): Explored AR enhancements via geospatial platforms.
- Gabriel (Diamondz Shadows): Advocated for user education and self-protection tools.
- Valannia (Game built on Solana): Emphasized educational funnels for user adoption.
Key Themes
- Community as Guardians: Mr Konsole and PIPE gDAO underscored the community’s role in maintaining trust and vigilance, acting as a first line of defense against threats.
- Technical Security: Adam highlighted validators’ critical role in proof-of-stake networks like Ethereum, while Victor showcased platforms like Hypernative for detecting malicious contracts.
- Exchanges’ Role: Alex criticized centralized exchanges for lax due diligence, revealing tensions between Web 3’s decentralized ethos and centralized market gatekeepers.
- Education and UX: Diamond and Valannia stressed the need for user-friendly interfaces and education to bridge the gap between complex Web 3 tech and everyday users.
- Regulatory Navigation: Victor and PIPE gDAO noted the importance of crypto-friendly jurisdictions to foster innovation while navigating regulatory challenges.
The panel agreed that robust community engagement, enhanced security measures, user education, and adaptive regulatory frameworks are vital for a secure and inclusive Web 3. Kody closed by emphasizing individual contributions to decentralization and safety, proposing a potential follow-up discussion to dive deeper into these topics.
Stay tuned for a possible Part 2 of this Xtalks session to further explore Web 3 guardianship and emerging challenges.
