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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.

May 14, 2019

Jutta Steiner, CEO of Parity, and Gavin Wood, who goes by the title "chief white space officer," describe the network Parity plans to launch later this year, Polkadot, how it aims to solve scalability, interoperability and security and when a developer would choose to build a dapp on Ethereum vs. a parachain on Polkadot. We also discuss another one of their products, Substrate, which enables developers to easily customize blockchains, and perceived competition between Ethereum and Polkadot. Plus, we talk about the frozen funds of Parity and other crypto teams, and why Jutta and Gavin think the community should upgrade in a way that would enable the funds to be unlocked.

Be sure to check out the full show notes on Forbes!

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Episode links:


Jutta Steiner:

Gavin Wood:

Polkadot light paper:

Polkadot Wiki:

Gavin's 2014 blog post on Web 3:

Gav’s keynote on the journey to Web 3

Chain Fibers article in the Ethereum Wiki:

Web 3.0 vision:

More explanation of Polkadot, Substrate, Consensus, Governance, etc.:

Upgradeability without hard forks via Substrate

Controversy around Afri Schoedon’s tweet:


Gavin and Vitalik Buterin discussing competition between Ethereum and Polkadot:

Why not to fork for the frozen funds: