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Dominic Williams, the creator of Dfinity, has attacked Ethereum’s burgeoning ecosystem of layer-two solutions for exposing users to counterparty security issues.
Dominic Williams, the inventor of Dfinity and its Internet Computer, has criticised Polkadot and Ethereum’s scaling methods for providing a disconnected user experience.
The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of second-layer scaling solutions, describing Ethereum as starting to resembling a ridiculously elaborate “Rube Goldberg machine” of “layer-two cloud applications.”
Williams asserted layer-twos cause points of friction for Ethereum users and exposes them to counterparty security vulnerabilities, emphasizing that more than half of Ethereum’s nodes are hosted by Amazon Web Services:
“A lot of these Proof of Stake networks today that people invest in are really just layer-two applications of cloud — we find that pretty disappointing. Blockchain shouldn’t be running on Amazon Web Services where they can steal the validator keys and do all sorts of bad stuff.”
According to Williams, when a user accesses a blockchain through the cloud, “they must download MetaMask from Amazon or something that allows them to be tracked.”
He attempted to contrast this with Dfinity’s Internet Identity protocol, which he says “can’t track you,” in contrast to MetaMask and many other apps downloaded from an app store.
The creator of Dfinity noted the multiple friction points and high learning curve affecting the Ethereum user experience, noting, “If you want mass adoption of blockchain, you can’t require people to instal MetaMask and then have to buy some Ether from Coinbase — that’s ridiculous.” People must connect with blockchain without the need of tokens — tokens come later. That’s a really big problem.”
“On a traditional blockchain, you’re sort of fiddling around creating these transactions through MetaMask or something like that — that’s just not a good user experience.”
Williams also took aim at Polkadot’s forthcoming sharded parachain ecosystem, likening its relay chain to a “centralized toll-fee hub” mediating between disparate blockchains. He also criticized its vision for sharding as failing to ensure “fungibility between smart contracts.”
“DeFi is so successful on Ethereum […] because these smart contracts exist in a seamless universe and they can all plug into each other — everybody can extend everybody else’s system,” he added.
Williams believes that Dfinity has been poorly understood by the larger crypto community and the focus of rampant FUD on social media since its discrete mainnet debut in December 2020, and that the project’s poor marketing has done little to improve the problem.
Despite the alleged FUD, Williams claims that “by December of this year, the Internet Computer will have more users than all other blockchains combined.”