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Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

Dec 8, 2020

Gavin Wood, founder of Polkadot, Kusama, and Parity, discusses what he calls the "meta-protocol," Polkadot. In this episode, he talks about:

  • his vision for Polkadot and the problems he set out to solve when conceiving it
  • why he considers Polkadot a meta-protocol
  • the implementation of parachains and parathreads, how they are defined and how they differ
  • parachain auctions and candle auctions
  • how DDoS attacks can be prevented on parachains
  • initial parachain offerings and how they differ from initial coin offerings and avoid the regulatory problems that were so common with ICOs
  • on-chain governance on Polkadot and how it works
  • how immediate implementation of proposals that pass consensus will prevent forks
  • his answer to those who point to Parity's history with security lapses as cause for concern about Polkadot's security
  • how he sees Polkadot co-existing with Ethereum
  • whether Polkadot is working toward composability
  • how the Web3 Foundation and Parity plan to use their collective stake of DOTs within the network
  • how he plans to address the possibility that DOT could be labeled a security
  • how he imagines Polkadot will serve the enterprise world and how Polkadot will benefit enterprise blockchains


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