E114: Walrus CoFounder: He Spent 20 Years Chasing This Problem – Crypto Finally Let Him Solve It
When Shift Happens Podcast
Shownotes Transcript
George Danezis is the Chief Scientist at Mysten Labs, co-creator of the Sui blockchain, and the mind behind Walrus - a decentralized storage protocol that’s solving a problem he’s been thinking about for over 20 years.
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• Website: http://www0.cs.ucl.ac.uk/staff/G.Danezis/
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DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice.
The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor.
Trading cryptocurrencies poses considerable risk of loss.
The speakers do not guarantee any particular outcome.
0:00 Trailer
1:35 Please Subscribe
2:00 Partnerships
2:46 Sleeping Habits
4:05 Who is George Danezis?
4:23 What is a Chief Scientist?
5:16 Research at Microsoft vs. Now
6:59 What is “Good Research”?
8:49 Corporate Innovation vs. Reality
10:31 Why I Love Teaching Security
11:52 Self Custody with Trezor
12:44 Teaching vs. Real-World Application
16:28 What Makes an Idea Great?
17:51 The Idea That Never Worked Out
19:50 Being Late to Ideas, Not Early
20:56 The Essence of Peer-to-Peer Networks
23:50 Why We Need Peer-to-Peer Systems?
27:51 Why Decentralization Was Hard to Realize
31:09 Bitcoin's Game-Changing Impact
33:10 ETH Aha Moment
34:46 Facebook’s Conviction in Blockchain
37:39 Scaling DIEM to Sui
39:20 Biggest Issue at Facebook
40:20 Why Facebook Bet on Crypto
41:40 Why I Left Facebook
45:07 Balancing Passion and Pay
46:43 What is a Blockchain Good For?
51:42 Understanding Blockchain’s Limitations
53:21 CryptoKitties
54:36 Meme Coins: Culture vs. Scam
57:02 The Role of Norms in Crypto
1:00:32 What is the Sui Network?
1:02:32 Why Do We Need The Sui Network?
1:03:34 Layer 1 vs. Layer 2
1:05:07 Why Build a Layer One?
1:09:21 Top Layer One Competitors
1:10:45 Decentralization vs. Practicality
1:14:06 Minimum Decentralization
1:16:33 Data Storage & Its Biggest Problem
1:20:05 What is Walrus Protocol?
1:22:09 Why Walrus is Possible Now
1:25:35 Why Sui Network for Data Storage?
1:27:37 Vision of Walrus Protocol
1:28:59 Building a Neutral Tech Future
1:30:44 Using Existing Blockchains
1:33:03 Future of Decentralized Production
1:35:51 Prediction For The Next 12 Months
1:39:04 Concluding Remarks