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263 sats \ 0 replies \ @matthewjablack 11 Jul 2023 freebie \ parent \ on: We are the co-founders of Atomic.Finance, AMA. (Non-custodial BTC yield) bitcoin
There were multiple reasons for us to decide to leave Ethereum.
We were frustrated with the community and the fact that everyone felt the need to create their own token. Not to mention that the jenga tower and the architecture of smart contracts creates a huge attack surface.
At the same time that this was happening, DLCs were becoming more mature, which meant it was finally possible to create financial contracts directly on Bitcoin. No shitcoins, no tokens, no BS.
So we asked ourselves, what's going to be around in 20 to 30 years? Ethereum, maybe, maybe not. But Bitcoin definitely is, and we want to build infrastructure for the long term.
Since then, we've gone Bitcoin-only, and have never looked back.
We also wrote a blog post regarding this: https://atomic.finance/blog/an-atomic-pivot/