The fifth-annual Korea Blockchain Week kicked off on Monday in Seoul. Vitalik Buterin says crypto payments are coming back, Klaytn Foundation's Sam Seo has appealed for Web2 companies to push metaverse adoption, and more.
for Ethereum, which has worked to get the size and cost of data in blockchain transactions down by introducing zero byte compression:
Speaking with Cointelegraph during the Korea Blockchain Week , Seo suggested that Web3 Mmetaverse projects generally have issues attracting a mainstream audience, as people often have a hesitancy to use new technology from companies that they have never heard of: Speaking to Cointelegraph, Kunz said that despite the DeFi market being relatively small in Korea and Asia, there are a number of Asia-based Web3 companies that 1inch is looking to partner with.However, Kunz also added that the biggest barrier to entry appears to be a lack of understanding about DeFi and how to use crypto wallets:
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