• Aaron Kong is the Growth & Strategy Lead at Osmosis Labs, where he spearheads growth initiatives and business development efforts.
• He discussed Cosmos, Osmosis, how DEXes can outcompete centralized exchanges, and the future of blockchain interoperability and composability.
• Aaron Kong gave an exclusive interview talking about these topics to Cryptonews.com.
About Aaron Kong
Aaron Kong is the Growth & Strategy Lead at Osmosis Labs, where he spearheads growth initiatives and business development efforts. Osmosis Labs is responsible for developing Osmosis, an appchain that serves as the DeFi hub for the Cosmos ecosystem.
Cosmos + Osmosis 101/Overview
In an exclusive interview with cryptonews.com, Aaron Kong talked about Cosmos, Osmosis, how decentralized exchanges (DEXes) can outcompete centralized exchanges (CEXes), and the future of blockchain interoperability and composability. He also discussed Mesh Security which acts as a ‘NATO’ of Web 3 as well as Ethereum Layer 2s/Rollups vs Cosmos appchains.
How DEXes Can Outcompete CEXes
Aaron believes that DEXes have more room to grow in terms of user adoption because they offer more autonomy when compared to centralized exchanges. According to him, users no longer need to be reliant on third-party custodians such as banks or other financial institutions when using decentralized platforms – this gives them much more control over their funds than was ever possible before. Additionally, users can take advantage of features like atomic swaps or trustless trading without having to worry about any counterparty risk associated with CEXes since these transactions are done completely on-chain via smart contracts which are immutable and tamper-proof by nature.
The Future Of Blockchain Interoperability And Composability
Kong also discussed the importance of blockchain interoperability in order for different projects to work together in harmony – something which will become increasingly important as we move towards a world where cross-chain communication becomes a necessity rather than just an option. He believes that this type of technology will enable developers to easily create dApps that can interact with one another in ways never seen before; leading us into a new era of composable applications powered by distributed ledger technology (DLT).
Mesh Security: Creating The ‘NATO Of Web3’
Kong also touched upon Mesh Security’s mission to create a ‚NATO‘ for Web 3; essentially providing security solutions in order for projects within this space to stay safe from malicious actors who may attempt to exploit vulnerabilities within their codebase or infrastructure architecture in an effort gain access either financially or otherwise. This would act as a sort of insurance policy against potential hacks or other malicious activity; allowing projects within this space more peace-of-mind when it comes protecting their assets from outside forces looking capitalize off any potential weaknesses they may have overlooked during development stages prior launch date.