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CRYPTO 101
Ep. 638 Layer 1 Sei's State of the Union
Jan 28, 2025
Jay Jog, co-founder of Sei Labs, dives into the dynamic world of blockchain technology. He shares his early crypto experiences and the impact of the GameStop saga on the industry. The discussion highlights the importance of decentralization and building high-performance layer-1 blockchains. Jay emphasizes the need for legitimacy in crypto, explores the future of stablecoins, and discusses the challenges of launching a new blockchain. He also hints at the revolutionary Giga upgrade set to boost Sei's scalability and application potential.
46:46
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Quick takeaways
- Decentralization is vital in crypto as it ensures user control over assets, promoting transparency and preventing opaque decision-making.
- Say Labs aims to enhance blockchain performance by supporting the Ethereum Virtual Machine, thus enabling sophisticated decentralized finance applications.
Deep dives
The Genesis of Say Labs
Say Labs was co-founded by Jay Jogue in San Francisco during a challenging period for the city and the cryptocurrency sector. The initial concept arose from witnessing friends invest early in Ethereum, realizing their potential, and understanding the operational inefficiencies within centralized systems like Robinhood, especially during the GameStop trading phenomenon. This inspired Jogue and his co-founder to create a decentralized trading platform that promotes transparency and user control over their assets. By addressing the pitfalls of traditional financial systems, Say Labs aims to empower users in the realm of cryptocurrency.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode