86 min listen
Igor Barinov: POA Network – Enabling Scaling Through Trust in Public Notaries
FromEpicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Igor Barinov: POA Network – Enabling Scaling Through Trust in Public Notaries
FromEpicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
ratings:
Length:
68 minutes
Released:
Aug 6, 2019
Format:
Podcast episode
Description
We're joined by Igor Barinov, the tech lead of the POA Network. The POA Network achieves a reduction in transaction costs by many orders of magnitude by having a set of trusted validators. All validators must be US public notaries, so their identities are known and legal recourse against them can be taken in the offchain world. We also talk about the xDai network, which enables Dai transactions on a POA chain: Dai are transferred into a smart contract on the mainnet and then become available to be transferred at much lower cost on the POA Network. Similarly, they can be transferred out of the xDai network and become available again on the mainchain. We talk about use cases, governance, and limitations.
Topics covered in this episode:
Igor's background and how he got into blockchain
The POA network setup and how to become a validator
What informs design decisions and how to find suitable notaries
The consensus mechanism on the POA Network
The role of the POA token
The xDai network and its purpose
The role of the DPOS token
Use cases of POA and xDai Networks
Episode links:
POA Network website
POA products overview
xDAI Chain
POSDAO White paper
Ocean Protocol releases own POA network
Beginners guide: What's the POA network
Sponsors:
StarkWare Sessions: September 16th in Tel Aviv – 20% off with the code EPICENTER - https://epicenter.rocks/starkware
Trail of Bits: Trust the team at the forefront of blockchain security research - https://trailofbits.com
Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mg - http://vaultoro.com
This episode is hosted by Meher Roy & Friederike Ernst. Show notes and listening options: epicenter.tv/299
Topics covered in this episode:
Igor's background and how he got into blockchain
The POA network setup and how to become a validator
What informs design decisions and how to find suitable notaries
The consensus mechanism on the POA Network
The role of the POA token
The xDai network and its purpose
The role of the DPOS token
Use cases of POA and xDai Networks
Episode links:
POA Network website
POA products overview
xDAI Chain
POSDAO White paper
Ocean Protocol releases own POA network
Beginners guide: What's the POA network
Sponsors:
StarkWare Sessions: September 16th in Tel Aviv – 20% off with the code EPICENTER - https://epicenter.rocks/starkware
Trail of Bits: Trust the team at the forefront of blockchain security research - https://trailofbits.com
Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mg - http://vaultoro.com
This episode is hosted by Meher Roy & Friederike Ernst. Show notes and listening options: epicenter.tv/299
Released:
Aug 6, 2019
Format:
Podcast episode
Titles in the series (100)
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