Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Dragonfly-backed Monad is solving the 'most obvious' setback for the DeFi market, says founder

Dragonfly-backed Monad is solving the 'most obvious' setback for the DeFi market, says founder

FromThe Scoop


Dragonfly-backed Monad is solving the 'most obvious' setback for the DeFi market, says founder

FromThe Scoop

ratings:
Length:
32 minutes
Released:
Sep 27, 2023
Format:
Podcast episode

Description

Keone Hon is the founder and CEO of Monad Labs — the development team behind a new Layer-1 blockchain that aims to bring pipelined execution to the Ethereum Virtual Machine.
In this episode, Keone shares how his background at various HFT firms led him to identify problems with existing blockchain infrastructure and ultimately inspired him to rebuild the EVM entirely to optimize it for high-performance trading activity.
Monad has raised $19 million from investors including Dragonfly Capital, Naval Ravikant, Cobie, Hasu and others.

OUTLINE:
03:33 - Monad Overview
05:17 - Another Layer-1?
06:26 - ‘Pipelining’
08:32 - Web3 Social
11:38 - Bridges to Monad
12:11 - High Performance DeFi
13:34 - DeFi Summer 2.0?
16:01 - Monad’s Funding
16:49 - Onchain HFT
19:05 - The Future of Trading
22:55 - Onchain Sports Betting
23:19 - Surviving Crypto Winter
28:30 - Closing Thoughts
Released:
Sep 27, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.