Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Gavin Wood: Substrate, Polkadot and the Case for On-Chain Governance

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

From one of the main Ethereum clients, to Polkadot to Substrate; Parity has become exceptional at developing successful open-source blockchain projects. Their latest effort Substrate provides a framework to easily create custom blockchains. Building on cutting-edge technologies like Web Assembly, Substrate also offers automated on-chain upgrades.

We were joined by Gavin Wood, who was previously co-founder and CTO of Ethereum and founded Parity. We talked about the early Ethereum days, how Parity got started, Substrate, Polkadot and his views on on-chain governance.

Topics covered in this episode:

  • The genesis story of Ethereum
  • Why Gavin prefers reasoning from first principles to reading
  • How Parity shunned Silicon Valley principles to build an developer-driven company
  • Why they decided to work on a scalable blockchain from scratch instead of improving Ethereum
  • An overview of Substrate
  • The relationship between Substrate and Polkadot
  • How Substrate allows switching consensus in a live blockchain
  • Why Ethereum’s governance process is centralized
  • Polkadot and the case for on-chain governance

Episode links:

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This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/259

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