#259 Gavin Wood: Substrate, Polkadot and the Case for On-Chain Governance

#259 Gavin Wood: Substrate, Polkadot and the Case for On-Chain Governance

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From one of the main Ethereum clients, to Polkadot to Substrate; Parity has become exceptional at developing successful open-source blockchain projects. Their latest effort Substrate provides a framework to easily create custom blockchains. Building on cutting-edge technologies like Web Assembly, Substrate also offers automated on-chain upgrades.

We were joined by Gavin Wood, who was previously co-founder and CTO of Ethereum and founded Parity. We talked about the early Ethereum days, how Parity got started, Substrate, Polkadot and his views on on-chain governance.

Topics discussed in this episode:

  • The genesis story of Ethereum
  • Why Gavin prefers reasoning from first principles to reading
  • How Parity shunned Silicon Valley principles to build an developer-driven company
  • Why they decided to work on a scalable blockchain from scratch instead of improving Ethereum
  • An overview of Substrate
  • The relationship between Substrate and Polkadot
  • How Substrate allows switching consensus in a live blockchain
  • Why Ethereum's governance process is centralized
  • Polkadot and the case for on-chain governance

Links mentioned in this episode:

Sponsors:

  • Azure: Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks
  • Toptal: Simplify your hiring process & access the best blockchain talent' '" Get a $1,000 credit on your first hire

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Watch or listen, Epicenter is available wherever you get your podcasts.

Epicenter is hosted by Brian Fabian Crain, Sƒbastien Couture, Meher Roy & Sunny Aggarwal.



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Source URL: https://www.increaseprofitonline.com/2018/11/01/259-gavin-wood-substrate-polkadot-and-the-case-for-on-chain-governance/

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