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Solving Crypto's Oracle Problem | Chris Hermida & Mitch Gildenberg
53分47秒
2024-02-27
Episode Summary
Voice Summary:
0:00:00

This week, Chris Hermida & Mitch Gildenberg Co-Founders at Switchboard join the show for a discussion on how they're helping scale crypto's oracle infrastructure network. We deep dive into the origin story behind Switchboard, their V3 rollout, speed & latency, todays oracle use cases, lessons learned from the Mango exploit in 2022 and more!

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Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity DeFi, consumer facing applications, and more generally allow crypto to scale to the masses.


If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad.

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Access Protocol is the best way to discover premium content from crypto's top publishers and independent creators. Access Protocol has reinvented content monetization, meaning you can access this premium content without endless ads or hard-to-cancel subscriptions.


Access Protocol is crypto-native, built on Solana, and already has 225K users reading content, receiving NFTs and interacting with creators! Use this link to check out Access Protocol today:https://bit.ly/AccessProtocol_Lightspeed

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Follow Chris: https://twitter.com/hermidao1

Follow Mitch: https://twitter.com/DoctorBlocks

Follow Dan: https://twitter.com/smyyguy

Follow Lightspeed: https://twitter.com/Lightspeedpodhq


Subscribe on YouTube: https://bit.ly/43o3Syk

Subscribe on Apple: https://apple.co/3OhiXgV

Subscribe on Spotify: https://spoti.fi/3OkF7PD


Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

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(00:00) Introduction

(01:24) The Origin Story Behind Switchboard

(04:57) Solving Crypto's Oracle Problem

(09:34) Access Protocol Ad

(10:22) Monad Ad

(11:17) Takeaways From The 2022 Mango Exploit

(17:44) Lending Markets & Liquid Staking

(21:46) Switchboard V3

(25:01) Oracle Speed & Latency

(29:59) Oracle Use Cases

(32:09) Permissionless Oracles

(36:54) Oracle Randomness

(40:40) Switchboard Oracle Network

(42:14) Oracle Decentralization

(51:17) Final Thoughts

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Disclaimers:


Lightspeed was kickstarted by a grant from the Solana Foundation.


Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.

Next Episode
Who Are The Real Users In Crypto? | Mert Mumtaz, Dan Smith

This week Mert & Dan discuss Colosseum's hackathon, why Solana needs to double down on building more applications, defining active users within crypto, the roadmap for Ethereum, the rollup thesis & more!

--

Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity DeFi, consumer facing applications, and more generally allow crypto to scale to the masses.


If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad.

--

Follow Mert: https://twitter.com/0xMert_

Follow Dan: https://twitter.com/smyyguy

Follow Lightspeed: https://twitter.com/Lightspeedpodhq


Subscribe on YouTube: https://bit.ly/43o3Syk

Subscribe on Apple: https://apple.co/3OhiXgV

Subscribe on Spotify: https://spoti.fi/3OkF7PD


Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

--

(00:00) Introduction

(01:09) Colosseum Hackathon: Crypto's Y Combinator

(09:26) Monad Ad

(10:21) Crypto Needs More Applications

(14:44) DRiP

(17:44) Defining Active Users In Crypto

(30:51) Consensus On Solana

(40:33) Ethereum's Roadmap

(47:15) Bridging & The Rollup Thesis

(55:25) Blast L2

--

Disclaimers:


Lightspeed was kickstarted by a grant from the Solana Foundation.


Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.

1时06分22秒 2024-02-29
Host
Single Episode:141
2024-02-27