Web3 News

Why New Chains Struggle to Catch Up | Anza CEO Brennan Watt

Video

Days after Solana's biggest-ever consensus upgrade went live, Anza CEO Brennan Watt says the chain's real moat is usage, and new chains will struggle to catch it:

"When you look at Solana's moat, I think the moat is really usage.

People know, developers know that when they launch on Solana, they're launching into an existing user base that is excited to try new products with low friction because my assets are already sitting here.

All I need to do is connect my wallet and away I go. I don't have much friction...

And so you have that in a box on Solana, which is pretty cool.

It's really hard to launch a new chain and get enough breakaway momentum to do stuff."

— Brennan Watt, CEO of Anza, with @KingSolomon123 on @GenfinityMedia

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