I know many of you are not in it for the tech but the tech is genuinely fascinating and this industry is working hard to hide complexity from the end user

Last year I started a cryptocurrency podcast where I invite builders and founders to come and share their experiences in the crypto and blockchain space. We often talk about how they got into crypto and what led them to build their current project.

I've recorded nearly 20 episodes so far and I've learned loads about this industry. So far I've seen Web3 gaming startups, infrastructure and development, token gating products, web3 authentication, CEXes and others.

Some of my favorite conversations were with Jordan who's building a blockchain designed to make predictions about the future. Each node is tasked to predict one single piece of data, but then entire network may make wider predictions by using these thousands of individual predictions. The project is entirely community-driven and fully open source.

Another really interesting discussion I had was with Michael Sanders who's the co-founder of Horizon. These guys are building an infrastructure layer for game developers to start using blockchain data into their games, without any of the complexity. They have created Unity and Unreal Engine SDKs where game devs can easily import web3 data to create blockchain-based games.

The latest conversation that I had with Itai – the co-founder of a Web3 authentication solution was also really interesting for me. Dynamic have essentially built a set of authentication tools like Auth0 but with web3 at its core. You can still authenticate with SSO or social logics and if you do so, your wallet and web2 identity will be linked (privately). What blew my mind is that this interaction then abstracts away from the complexity of blockchain.

This is actually what I keep noticing from the different founders and builders out there in the space. Companies like Dynamic, Horizon, OKX and others are working to abstract away from the complexity of blockchain, and create experiences where it really doesn't matter which chain you're on etc.

Blockchain could become a new decentralized infrastructure layer that applications leverage, but the end user doesn't even need to know that. This is where crypto will see crazy adoption – when it's as easy to use as email.

So yeah, anyway I just wanted to share my observations in this space for the past year or so. Hope they made some sense 🙂

If you want to check out my podcast you can go here: https://open.spotify.com/episode/0waLQVzSWFsXCsxZlyXt9W?si=63b71bc4a9d54916

Or join my subreddit: https://new.reddit.com/r/proofoftalk/

Thanks!

16 thoughts on “I know many of you are not in it for the tech but the tech is genuinely fascinating and this industry is working hard to hide complexity from the end user”

  1. Having actually worked in the field, and for a company that was using Ethereum smart contracts, I got to really see first hand that the technology of crypto, smart contracts, and blockchain is limitless.

    The sky isn’t even the limit on the utility in this field.

    And we can now do things we couldn’t before in a more decentralized way, removing elements of corruption, and making much more efficient systems that cut out all the middlemen/3rd parties/and extra costly fluff.

  2. I’m in the same boat, I wish more people would dig deeper into the subject, to realize what is actually going on.

  3. I just started a course about blockchain on my university which made me appreciate the tech much more, it has so much potential.

  4. >working hard to hide complexity from the end user

    They haven’t made it easy to use in 15 years, and I strongly doubt they ever will. Maybe they just can’t make self-custody easy and safe.

    I’m really, really interested in all kinds of tech since 30 years, including programming, kryptography, servers – but even for me it’s still a hustle.

  5. Amazing stuff!
    The reason I got into crypto was the tech for me, even If I have yet to grasp its true depth…If you have the chance, try to get Jagdeep Sidhu in one of your podcasts, his perspective în things seems out of this world from what I can see

  6. Companies should be masking complexity and I’m glad to see that we’re finally getting there. So many web3 based companies use web3 as a value proposition but most users just couldn’t care less. You go to a web3 site and crypto is pretty much the only thing in the messaging. This is fine if you’re targeting developers but it makes no sense for anything consumer facing. The example I’ve always used: Imagine you went to eBay and on the front page there was all kinds of messaging about how they use Postgres for their database.

    I’m currently the Head of Design at Myna where we’re building a collectibles marketplace powered by blockchain (RWA seems to be the industry term taking hold). We have worked really hard to leverage all of the benefits of blockchain while abstracting away the complexity and friction for users. If blockchain tech is going to make its way into the hands of the masses, this will be the way it happens.

  7. There are some great projects, I am invested in one, so take my words with a grain of salt, called Radix that solves the crypto trilemma

  8. > Blockchain could become a new decentralized infrastructure layer that applications leverage, but the end user doesn’t even need to know that. This is where crypto will see crazy adoption – when it’s as easy to use as email.

    Meh. I went through my phase of buying into that 7 to 5 years ago. If you’d lived through the DAO and watched it happen real time, you’d be more skeptical of “the tech”. Everyone’s always trying to tell you why their particular project is so cool, why it needs a blockchain, but the truth is most of the projects shoehorn a blockchain in so that they can sell you a token.

    If your use case actually needs to have every participant record the state and store indefinitely the historical state of a system, if it needs irreversible finality, blockchains might be for you. If you need to keep track of value and enable permissionless censorship resistant transacting between parties, it might be for you. Other than that, it’s just a shiny new thing that people throw money at because if it’s complex it must be valuable.

  9. I guess it’s cool.. I still don’t see it being used in the western world for any legit purposes because I don’t see the government allowing that to happen. At least not in the next 10-20 years. I am only financially invested because i want to profit and move on to the next.

  10. I love the tech. But I don’t believe in any application of crypto that isn’t finance or authentication any longer.

  11. I wish people were more into the tech and invested based on tech and the people behind the projects instead of what will go to the moon .

  12. No INE’s in it for the fucking tech. BTC … I mean come on. This is not what the white paper outlined.

  13. Do you post on any other platform? Spotify Podcast isn’t available in my region for some reason.

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