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 founder and CEO of Protocol Labs, is a trailblazer in decentralized web technology, creating IPFS and Filecoin. He shares insights on the evolution of decentralized systems and their potential to reshape governance and finance. Juan discusses the challenges of funding innovative research and the necessity of bridging gaps in technology development. He also explores the intersection of AI and crypto, pondering future governance models and the transformative role these technologies might play in society. Prepare to rethink the future!

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.

Juan Benet, Founder of Protocol Labs, discusses the translational science problem, cryptocurrency's impact on research, and the intersection of AI and future society.

In this conversation, Juan Benet, the visionary behind Protocol Labs, and Olaf Carlson-Wee, the mastermind of Polychain Capital, explore the evolving landscape of cryptocurrencies. They discuss the potential of smart contracts and the need for decentralized protocols to challenge big tech. The duo also examines the rise of ICOs as fundraising tools and the importance of governance in crypto networks. With a focus on sustainability, they highlight community efforts to reduce Bitcoin's energy consumption while promoting a user-owned internet.

In episodes one and two of Hash Power, we explored blockchain technology and cryptocurrency investing. In this episode, we discuss the current and potential future states of the crypto world. We cover new forms of cooperation, regulation, security and storage, and why blockchains allow systems to evolve at such a rapid pace.  Be sure to listen until the end, where we close with some advice about conducting ourselves in a new world where creativity reigns and repetitive jobs disappear—a trend that may only accelerate thanks to blockchain technology and cryptocurrencies. Hash Power is presented by Fidelity Investments   For comprehensive show notes on this episode go to http://investorfieldguide.com/hashpower For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag    Show Notes 0:05 – Intro to episode 3 and what to expect  4:00 - Olaf Carlson-Wee, founder of Polychain, on how the funding and investing in cryptocurrencies could easily get out of hand  5:00 – How people are creating holding companies to fund cryptocurrencies protocols  6:45 – Decentralized Autonomous Organization (DAO) and how they will replace the aforementioned holding companies  8:32 – Could fully decentralized organizations replace other more traditional organizational structures, even outside of crypto currency  9:59 – How can DAO’s impact everyday lives  12:39 – Why your skills and accomplishments will become more important than who you are or where you are from             15:38 – Ready Player One: A Novel  16:09 - Naval Ravikant, CEO of Angellist, on the way humans cooperate and build new entities  17:51 – When people will demand oversight and regulation over crypto currency  20:42 - Peter Van Valkenburg, Director of Research at Coincenter on the current state of regulation  26:06 - Jameson Lopp on security needed to protect your cryptocurrency             26:22 - Glacierprotocol.org  27:51 - Ari Paul, co-founder of Blocktower, on how nail polish is used to protect their crypto wallet  30:03 – Juan Benet explains the Filecoin Protocol  35:52 - Muneeb Ali, co-founder of Blockstack, on how his team is plans to provide basic tools that will allow the broader developer community to build apps that the cryptocurrency population will use.  38:01 - Comparing blockstack to the analogy of creating a city  40:17 – How the blockstack token fits into everything  43:15 – Fred Ehrsam, co-founder of Coinbase, on forking in blockchains  47:52 – Naval Ravikant on how the idea of work will change in the future, and how that change helped to produce the idea of a blockchain in the first place.  49:31 – Why curiosity should govern what you do in life 53:22 - Naval’s framework for making money   Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

In this engaging discussion, Juan Benet, founder and CEO of Protocol Labs, shares his vision for a decentralized web through IPFS, a revolutionary peer-to-peer file system. He explores the lag between brilliant research and user-friendly applications, drawing parallels with historical innovations like Apple’s integration of design and production. Benet also dives into the potential of blockchain and cryptocurrency to enhance digital content distribution and market incentives, suggesting a future where open-source networks can transform our online experience.