Motion: The future of blockchain will be an oligopoly of public blockchains (Illia Polosukhin vs. Zaki Manian)


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Apr 15 2020 62 mins   1
Guests: Illia Polosukhin (@ilblackdragon) - debating FOR the motion Zaki Manian (@zmanian) - debating AGAINST the motion Host: Richard Yan (@gentso09) In a world where decentralized applications proliferate, will these applications be built on top of a few or many public blockchains? Exploration of this topic would help us understand the merits of the coexistence of many protocols. On the extreme, each dapp can have its own chain, so that the developers/community for each app can have maximal control over the full stack of their product. The guests we have for this episode have essentially voted on their position with their feet. The oligopoly advocate is cofounder of a layer-1 protocol, and the multiplicity supporter is a major contributor to one of the earliest, if not the earliest, blockchains designed with interoperability in mind. Be sure to also check out our previous episodes too, on Bitcoin’s store of value status, tokenization and smart contracts, DeFi, bitcoin halvening, China’s future in blockchain, and POW vs POS. If you would like to debate or want to nominate someone, please DM me at @blockdebate on Twitter. Please note that nothing in our podcast should be construed as financial advice. Source of select items discussed in the debate: Inter-Blockchain Communication: https://cosmos.network/ibc/ Near protocol: https://nearprotocol.com/