How to Build the Fastest Onchain Experience With Monad, Sei, and Eclipse - Ep. 694

Aug 27, 2024

Guest

Vijay Chetty

Guest

Jay Jog

Guest

Keone Hon

Keone Hon, Co-founder and CEO of Monad Labs, aims to revolutionize blockchain with high-throughput technology. Jay Jog, Co-founder of Sei Labs, focuses on creating a speedy EVM blockchain influenced by the GameStop saga. Vijay Chetty, CEO of Eclipse Labs, merges Ethereum and Solana to improve transaction capabilities. They delve into parallelized EVMs, the strategic pivots of Sei, and the modular vs. monolithic architecture debate, all while discussing how their innovations craft the future of high-speed decentralized finance.

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ANECDOTE

GameStop Saga Inspiration

Jay Jog's experience during the GameStop saga at Robinhood inspired him to explore decentralization.
This led to the creation of Sei, initially conceived as a decentralized exchange.

INSIGHT

EVM Ecosystem

The Ethereum Virtual Machine (EVM) isn't just technology, it's an ecosystem.
It encompasses tools, developer mindshare, and network effects.

INSIGHT

Throughput Bottleneck

Limited transaction throughput creates a poor user experience due to high gas fees.
It restricts developers, forcing them to use suboptimal solutions like Automated Market Makers (AMMs).

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In this episode of Unchained, Keone Hon of Monad Labs, Jay Jog of Sei Labs, and Vijay Chetty of Eclipse Labs share insights on their distinct approaches to scalability and performance in high-throughput blockchains. They discuss the technical advantages of parallelized EVMs, the strategic decisions behind blockchain architecture, and the innovations driving the next generation of high-speed chains.

Show highlights:

00:00 Intro
02:02 How Monad got started and its mission from the very beginning
03:46 The features that enable Monad to be a high-throughput blockchain
07:32 Why Monad chose to make a new blockchain instead of an L2
08:36 Why Keone believes that Monad offers the best experience for developers and why he doesn’t like the ‘Ethereum killer’ description
15:48 Monad’s big venture capital raise and how they’ll use the money
17:30 Monad’s strong community
19:21 The next steps for Monad and whether we’ll see a token soon
20:02 What Sei is and the role of the GameStop saga in the creation of it
21:31 Why Jay believes the EVM developer ecosystem is so strong
25:45 Why Sei pivoted from Cosmos to the EVM that led to the launch of its v2
27:14 What allows Sei to be “the fastest chain, even faster than Solana”
33:03 How Sei DB works, and why Jay says that the monolithic approach has many advantages to the modular one
45:35 How Eclipse works by combining Ethereum, Solana, and Cosmos
53:22 How Eclipse deals with the complexities of its modular architecture
54:54 What ways there are to transact in SOL on Eclipse
55:44 Vijay’s reaction to how Eclipse Labs has responded to the allegations against its founder and former CEO Neel Somani
57:21 How Eclipse aims to attract developers
1:01:15 What areas within crypto Vijay expects will flourish on Eclipse
1:03:49 The next steps for Eclipse and when the mainnet could launch

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Guests:

Keone Hon, Co-founder and CEO at Monad Labs.
Jay Jog, Co-founder of Sei Labs.
Vijay Chetty, CEO of Eclipse Labs.

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