Prasanna Loganathar of Cake DeFi: Biggest Misconception About Crypto Is It’s Less Safe Than TradFi

Prasanna Loganathar of Cake DeFi: Biggest Misconception About Crypto Is It’s Less Safe Than TradFi

Prasanna Loganathar is the head of engineering at Cake DeFi, which is built atop DeFi Chain, a proof-of-stake network for dapps built on a fork of the Bitcoin blockchain. He tells Decrypt’s Jason Nelson in our Decrypting Mainnet booth at Mainnet 2022 (sponsored by DeFi Chain) about how DeFi Chain works, how it’s possible to layer proof-of-stake on top of Bitcoin, and the biggest misconceptions about DeFi that he’d like to see go away in 2023.