Sergei Kuznetsov: Oracle Networks are really the thing that puts the word smart and smart contracts. He says blockchains create consensus only about three things, private key signatures, token ledgers, and smart contracts as a state machine. When an Oracle network goes live on a certain chain and provides data to it, his company has seen its value skyrockets by more than 100 Xs., he says.
A show that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious.
For this week’s episode, Jacquelyn interviewed Sergey Nazarov, co-founder of Chainlink, a protocol that provides an oracle network to power smart contracts.
Chainlink is also known as a web3 services platform that connects people, businesses and data with the world of web3. And for good reason - it has enabled over $7 trillion in transaction volume across DeFi, gaming, NFTs and other major industries.
Prior to co-founding Chainlink, Nazarov co-founded four other businesses, most recently SmartContract - which focused on smart contracts.
We discussed a number of things surrounding smart contracts, technological guarantees, cross-chain interoperability, and Nazarov’s long-term vision for Chainlink.
We also dove into:
- Unexpected smart contract use cases
- Cryptographic guarantees
- How traditional companies can tokenize assets
- AI and blockchain technology
- CCIP updates
Chain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.