EP 9 - Alan Chiu & Boba - Faster, cheaper, privacy centric transactions for #DeFi on #Ethereum
From Stanford business school to distributed cloud services to blockchain, hear Alan's journey to crypto and DeFi and why he and his partner are so driven to make Boba work.
While driven by privacy/performance, Alan and the team are creating a model that could drive 100s of new developers into blockchain and DeFi with their hybrid computing model that makes it easy for devs to build applications requiring more processing than is possible on Ethereum, while still leveraging blockchain for those applications.
https://twitter.com/bobanetwork
https://boba.network
They are also working on a derivative tracking capability for NFTs.
I was really impressed with their engaged and smart community.
Enya's goal is to restore balance of power between users/companies over data
Started with edge part to use cryptography on phones
Realized needed decentralized infrastructure.
Step one is making Ethereum able to reach 7 billion people on the planet
Explains how roll-ups work.
How the changes get written
Starting more centralized, but later will be more decentralized.
3rd party operators will be stakers that prove the changes.
Expects 50X improvement in performance
Why Optimism
Differences: No 7 day withdrawal period
Their bridging method is minutes with stakers verifying
Will work with multiple bridges
Hybrid allows people to deploy to AWS, for example
Allows for machine learning/AI, etc.
Is a hybrid decentralized and centralized model.
Allows for much more powerful applications
Already developing a dev network and working to get them onboard the platform
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