
Deal Partner at a16z. Interested in cryptography, cryptocurrencies, consensus algos, dapps. Previously: Chia blockchain team, http://token.io, Stanford CS
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Great point. the last two gold cycles had 6-8 years of no new ATHs.
AMMs are much more convenient than atomic swaps, since you don't have to find an exact match for your trade. You are trading against a liquid pool that will always take the opposite side of your trade. However, atomic swaps can work trustlessly cross chain, while AMMs can't.
It’s extremely tempting to add more features to your blockchain / smart contract, to prevent attack X or to improve performance. However, this is often a bad idea. The more complexity you add to your system, the higher the chances that something will go wrong, and the greater...
like Infura/Alchemy, you can query a random node to ask for data, and validate that the data is hashed into the blockchain. More nodes means more users can do this (aka running a light client). Usually the performance is significantly worse than the centralized providers though.