Unchained

Can Gavin Wood's Polkadot 'Make Blockchain Great Again'? - Ep.202

Dec 8, 2020

Gavin Wood, the founder of Polkadot, Kusama, and Parity Technologies, shares his groundbreaking vision for Polkadot, a 'meta-protocol' designed to revolutionize blockchain. He explains the mechanics of parachains and how innovative auction formats enhance fairness. Wood also addresses security concerns stemming from Parity's past incidents and outlines on-chain governance to prevent forks. Additionally, he discusses Polkadot's collaboration with Ethereum and its potential to serve enterprise blockchains, emphasizing adaptability in a rapidly evolving digital landscape.

01:24:54

Creator website

Episode guests

Gavin Wood

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Episode notes

Intro

2min

Exploring Polkadot's Blockchain Vision

28min

Revolutionizing Blockchain Auctions: A Historical Approach

4min

Managing Parachain Transactions and DDoS Prevention

5min

Navigating Parachain Offerings and Governance

15min

Ensuring Security in Polkadot

19min

Polkadot's Strategic Stake and Utility Token Debate

10min

Gavin Wood, founder of Polkadot, Kusama, and Parity, discusses what he calls the "meta-protocol," Polkadot. In this episode, he talks about:

his vision for Polkadot and the problems he set out to solve when conceiving it
why he considers Polkadot a meta-protocol
the implementation of parachains and parathreads, how they are defined and how they differ
parachain auctions and candle auctions
how DDoS attacks can be prevented on parachains
initial parachain offerings and how they differ from initial coin offerings and avoid the regulatory problems that were so common with ICOs
on-chain governance on Polkadot and how it works
how immediate implementation of proposals that pass consensus will prevent forks
his answer to those who point to Parity's history with security lapses as cause for concern about Polkadot's security
how he sees Polkadot co-existing with Ethereum
whether Polkadot is working toward composability
how the Web3 Foundation and Parity plan to use their collective stake of DOTs within the network
how he plans to address the possibility that DOT could be labeled a security
how he imagines Polkadot will serve the enterprise world and how Polkadot will benefit enterprise blockchains