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Edan Yago (Sovryn) on Bitcoin-Native DeFi (EP.177)

Edan Yago (Sovryn) on Bitcoin-Native DeFi (EP.177)

FromOn The Brink with Castle Island


Edan Yago (Sovryn) on Bitcoin-Native DeFi (EP.177)

FromOn The Brink with Castle Island

ratings:
Length:
53 minutes
Released:
Feb 10, 2021
Format:
Podcast episode

Description

Edan Yago, product lead at Sovryn, talks us through the prospects for DeFi on Bitcoin. In this episode:  Edan Yago's origin story How Edan became disenchanted with the Bitcoin community's ambition Did Bitcoiners compromise on an original vision of adopting successful alternative technologies? Is Bitcoin sufficiently expressive to be a functional base layer for smart contracting? Was the original vision of sidechains abandoned? The state of the art in trustless sidechains Is the perfect the enemy of the good with Bitcoin? Is Lightning "worse is better"? Is Bitcoin hamstrung by the pursuit of perfection? Why compromising on trust assurances has been a boon for Ethereum Why native smart contracting on Bitcoin is superior to using wrapped Bitcoin on Ethereum Do rollups break composability for DeFi? Is DeFi subsidized by token issuance and liquidity mining? What can Bitcoiners learn from Ethereum? Thoughts on other Bitcoin L2s like Blockstack Update on Rootstock/RSK and why Sovryn is building on it What Sovryn is and what you can do with it Does Sovryn require any changes to Bitcoin itself?  
Released:
Feb 10, 2021
Format:
Podcast episode

Titles in the series (100)

Hosts Matt Walsh and Nic Carter of Castle Island Ventures explore the political, ethical, and economic significance of Bitcoin and other public blockchains and talk to some of the leading experts in the industry. Learn more and stay up to date at CastleIsland.vc and follow on twitter @CastleIslandVC