Evan joins us to discuss Ampleforth and the Ample; the Ample is a commodity-money, like Bitcoin or gold, but with near-perfect supply elasticity, like fiat. It is the first sound money with elastic supply. Evan discusses their opinion that scarce commodity-monies like gold and silver are naturally fair and independent. They are immune to runaway inflation, but cannot efficiently respond to changes in demand—making them vulnerable to economic shocks and runaway deflation. To address this shortcoming, the project's founders designed a synthetic commodity-money that propagates price-information into supply, much like how thermal expansion propagates nearby kinetic energy into a material’s volume in the natural world.
Sam joins us on Base Layer to tell us what FTX is and why many people are talking about it. A piece of news that came out after the show recording was that FTX was in the middle of a raise at unicorn status valuation, so for those trying to understand more about FTX and what it does this is a good initial primer. We talk about their three tiered liquidation model, how it's similar in some ways to the '08-'09 financial crisis idea of a "bad bank", we talk about the "Trump token" and how this new market on FTX is different than prediction markets like Augur and much more.
Simon joins us on Base Layer to discuss the very important work he and Valiu are doing creating opportunities for people to send and receive money internationally, especially in areas hit by hyperinflation like Venezuela. A lot of people talk about Bitcoin and crypto in Venezuela but executing effective platforms to really help haven't been seen, until now. Their goal is to build trust with their customers through a simple and transparent remittances platform designed for their customer’s financial needs. Utilizing a blockchain platform and an expansive network of locations for customers to deposit and receive cash, Valiu is disrupting the international currency transfer market in Latin America. This is one to definitely listen in to!
Muneeb comes back to Base Layer to talk all about version 2.0 of Blockstack's Stacks blockchain coming out because there's a significant change: miners on the network will need to post BTC to mine a block. That BTC will then get shared with nodes maintaining a copy of the ledger. Muneeb and I talk about how the team acknowledges bitcoin as the most secure blockchain in the world and why. Come listen and learn all about Proof of Transfer and what the implications are.
What an episode with Jack from Skale! The SKALE Network has been designed with the goal of resolving the technical scalability, user experience, and cost issues affiliated with decentralized networks such as Ethereum. We discuss transactions per second and the appropriate measures for evaluating throughput; we talk technicals in terms of using side chains, sharding and much more. We talk about the 35 dApp's in their Innovator program, from DeFi to real estate and much in between. And in terms of important news we talk about this headline: "Blockchain scaling network SKALE chosen as launch partner for ConsenSys Codefi's Activate token platform", why that happened and the implications for Skale. Amazing episode!
Leighton joins Base Layer to discuss one of the most talked about projects, PoolTogether which is a no loss lottery built on Ethereum. Their mission is to create financial security by offering a healthy alternative to lotteries. PoolTogether is based on the proven concept known as “No Loss Lotteries” or “Prize Linked Savings Accounts”. These products have been shown to divert money from traditional lotteries and increase savings. We talk about how this all works, from using smart contracts to stablecoins and the dramatic growth Leighton and the PoolTogether team have seen in the last few months.
Loi joins us on Base Layer for a full breakdown on Kyber Network and it's a really good one! Kyber is an on-chain liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application. We make some analogies to traditional finance like the power of what Bloomberg Terminals would provide, we talk a lot about atomicity, wrapped Bitcoin (WBTC) and a host of other narratives. Not one to miss!
Joe joins us on Base Layer and it's an amazing episode which highlights how important I think Bison Trails is in the overall development and maturation of digital assets and distributed & decentralized platforms. Joe talks about his past before BT and then we launch into how they are creating an interoperability platform that allows one to plug & plug different protocols for file storage, video, search and much more into a more unified operator. We talk about how Bison Trails is also working to minimize slashing of stake in PoS systems and their work with Libra. Don't miss this and pass it around!!
Jeremy joins us on Base Layer and it's a great conversation about everything from his early days in technology and seeing the diffusion of innovation and the curve of adoption; we talk about Web 1.0 to Web 3.0, about stablecoins and USDC, his work with policy makers and politicians to educate them on digital assets, especially during the Libra testimony and so much more.
Kevin joins us on Base Layer to give us a great breakdown on Ava Labs! AVA's mission is to democratize financial markets and bridges all blockchain platforms together into one interoperable ecosystem; they provide the ability to build your own custom blockchains or to digitize any assets with arbitrarily complex rulesets. Kevin discusses the different consensus algo's from Nakamoto, Classical to Avalanche, their own consensus algo. They tout the ability to get to 5000 transactions per second (TPS) so we discuss how, the use of DAG's and how they could fit in the climate focused investors toolkit these days.