两种货币的故事：现金与加密货币

AI总结：

本文比较加密货币与法币，提出强化DeFi信心与风险管理的七项创新，以推动区块链主流采用。

摘要：

我们讨论了众多理由，说明加密货币为何将极有助于当今社会的平稳运行。我们对区块链项目发行的加密货币（crypto）与传统政府发行货币（现金或法币）进行了若干比较。我们总结了七项基础性创新；要让参与者对去中心化金融（DeFi）更有信心，并在更好的风险管理下获得财富增值，这些创新必不可少。我们讨论的概念性思想勾勒出一种方法，涵盖：1）强化的安全蓝图；2）适合区块链细微特性的再平衡与交易执行；3）经波动率和方差调整的权重计算；4）容纳投资者偏好并构建风险平价；5）利润分享与投资者保护；6）集中度风险指标与绩效度量；7）多链扩张及选择性战略举措，包括去中心化自治组织（DAO）的概念。将这些概念纳入多个项目，也将促进整个区块链生态系统的增长，使该技术能够获得更广泛的主流采用，并实现其改变人类互动各方面的潜力。

英文摘要：

We discuss numerous justifications for why crypto-currencies would be highly conducive for the smooth functioning of today's society. We provide several comparisons between cryptocurrencies issued by blockchain projects, crypto, and conventional government issued currencies, cash or fiat. We summarize seven fundamental innovations that would be required for participants to have greater confidence in decentralized finance (DeFi) and to obtain wealth appreciation coupled with better risk management. The conceptual ideas we discuss outline an approach to: 1) Strengthened Security Blueprint; 2) Rebalancing and Trade Execution Suited for Blockchain Nuances 3) Volatility and Variance Adjusted Weight Calculation 4) Accommodating Investor Preferences and Risk Parity Construction; 5) Profit Sharing and Investor Protection; 6) Concentration Risk Indicator and Performance Metrics; 7) Multi-chain expansion and Select Strategic Initiatives including the notion of a Decentralized Autonomous Organization (DAO). Incorporating these concepts into several projects would also facilitate the growth of the overall blockchain eco-system so that this technology can, have wider mainstream adoption and, fulfill its potential in transforming all aspects of human interactions.

机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。