Juan Benet

Juan Benet, founder of Protocol Labs and the mind behind IPFS and Filecoin, dives deep into the future of public goods funding. He discusses the current state and challenges of funding allocation and stresses the need for rapid experimentation. Benet emphasizes the potential of AI in optimizing funding mechanisms, advocates for sustainable funding structures, and highlights innovative tools like retroactive public goods funding. The conversation also touches on bridging research with practical implementation, aiming to transform funding processes by 2025.

Juan Benet, the creator of IPFS, discusses the challenges of scaling new technologies from research to production. They explore funding structures, creating markets for impact, and the potential for scaling crypto in the next 10-15 years. They also emphasize the importance of community builders and bid farewell to Juan Benet.

This week on The Defiant Podcast, we speak with Juan Benet, the founder of Protocol Labs and the inventor of the InterPlanetary File System. Juan is also the creator of Filecoin, a storage network incentivized by crypto. Both of Juan’s ventures are hugely ambitious as they are in direct competition with the basic rails of the internet, with protocols such as HTTP and data giants like AWS. We begin our conversation with Juan explaining what led him to start IPFS and Filecoin. Juan points out that all of the layers of the internet that run below the application layer, rely on trust. He believes that the promise of web3 is to be able to upgrade the whole stack with trust-minimized public verifiability primitives. One of the key innovations of IPFS is in data addressing, which increases the efficiency of data fetching. But there’s more to IPFS than just this, and we talk about some of the other features of IPFS. Juan says universities would be a good next step to expand the user base of Filecoin since they deal with large amounts of data and run intensive computations. We go on to discuss Filecoin's plans to encourage the adoption of its technology beyond web3 users. Thanking our podcast sponsors: Built by the team behind Avalanche, Core is an all-in-one command center for Web3 supporting Avalanche, Ethereum, and Bitcoin, a rich ecosystem of dApps, Bitcoin & Ethereum bridges, NFTs, Subnets, and more. Visit core.app to download now. Minima is a new mobile-native layer 1 blockchain. Join over 400,000 node runners on Minima's Incentive Program, to start earning $MINIMA every day until Mainnet launch. Get started at minima.global/get-involved  Railway is the first DeFi wallet to integrate the powerful RAILGUN privacy system built using zero-knowledge cryptography and available on Ethereum, BSC, and Polygon.

✨ Subscribe to the Green Pill Podcast ✨ https://availableon.com/greenpill  🟢 Get the GreenPilled Book 🟢 https://greenpill.party/  Apple Show Link: https://podcasts.apple.com/us/podcast/greenpill/id1609313639  Spotify Show Link: https://open.spotify.com/show/0l6aXWC94dd0RA3tkKfxjd  ----- Is Crypto Good for the World? with David Hoffman & Juan Benet | Green Pill #63 After one of the toughest weeks in crypto history, many are left wondering, “is crypto even good for the world?” Kevin brings on Bankless Co-Founder, David Hoffman and CEO of Protocol Labs, Juan Benet to answer that question. In addition, the three chat about how markets have a memories, the difference between squad and individual wealth, and how to make the next FTX meltdown preventable. Take the green pill anon. ------ SPONSOR PILLS: 🏦 CELO | DEFI FOR EVERYONE https://bankless.cc/Celo  🔑 COINSHIFT | TREASURY MANAGEMENT https://bankless.cc/Coinshift  🐤 GOLDFINCH | REAL WORLD LENDING https://bankless.cc/Goldfinch  📎 OPOLIS | CRYPTO NATIVE EMPLOYMENT https://bankless.cc/Opolis  ------ Topics Covered: 0:00 Intro 4:23 David’s Tweet 7:19 Juan’s FTX Take 10:50 Crypto Regulation 13:39 Market Memory 18:23 Individual vs. Squad Wealth 29:04 Positive Externalities 34:24 DeFi vs. CeFi 37:10 Bridge Security 39:53 How Can We Make Crypto Good For the World 46:24 Internet of Jobs & Commerce 53:13 Progress & Closing ------ Resources: David Hoffman https://twitter.com/TrustlessState  Juan Benet https://twitter.com/juanbenet  ----- Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Juan Benet, the inventor of IPFS and founder of Protocol Labs, delves into the evolution of Filecoin beyond just storage. He discusses the advent of subnets and a Filecoin-backed stablecoin that enhances decentralized finance. The conversation covers how emerging markets can drive growth in Decentralized Physical Infrastructure Networks and offers insights into navigating challenges in a bear market. Benet also shares tactical advice on adapting decentralized storage productization to meet diverse needs, from small developers to large projects.