GreenPill

Season 7. Ep. - 4 - Coordination Acceleration W/ Sreeram Kannan (EigenLayer)

26 snips
Dec 24, 2024
Guest
Sreeram Kannan
Sreeram Kannan, founder of EigenLayer and a former researcher at the University of Washington, dives into the innovative realm of decentralized trust in blockchain. He explains how EigenLayer allows developers to build new layers on Ethereum, enhancing security and user data ownership. The discussion covers the importance of cooperation in cryptocurrency, the evolution of commitment models, and how property rights affect resource management. Kannan also explores the synergy between AI and crypto, envisioning a future where coordination boosts economic value and efficiency.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Coordination and Innovation

  • Societal progress builds upon layers of innovation and new coordination substrates.
  • Trust is a major limiter to cooperation and coordination.
INSIGHT

Credible Commitments

  • Coordination involves communication and binding commitments between parties.
  • Historically, commitments were enforced by authority, committees, or majorities, but self-enforcing commitments are most robust.
ANECDOTE

Gold as a Self-Enforcing Commitment

  • Historically, gold emerged as a self-enforcing value transfer mechanism for trade between kingdoms.
  • Gold's self-verifiability made it a trusted medium of exchange across trust boundaries.
Get the Snipd Podcast app to discover more snips from this episode
Get the app