Polkadot – Building an unstoppable blockchain ecosystem | Fundamentals ep.55

Fundamentals

In this episode of the Fundamentals podcast, we’re joined by Shawn Tabrizi, Lead Developer at Polkadot. Polkadot is the first fully-sharded blockchain, i.e. it is a multi-chain environment. Polkadot enables scalability by allowing specialized blockchains to communicate with each other in a secure, trust-free environment. In our interview with Shawn, we discuss Polkadot’s core value proposition, the main optimizations they have focused on, the concepts of shared security, interoperability, and unstoppability, Polkadot’s economic model, how to value the utility of a blockchain network’s native token, current growth drivers and challenges, plans for the future, and more! Polkadot’s dashboard on Token Terminal: https://tokenterminal.com/terminal/projects/polkadot Polkadot Site: https://polkadot.network/ Twitter: https://twitter.com/Polkadot Shawn: https://twitter.com/shawntabrizi Make sure to leave a comment if you have any questions 🙌 📊 Token Terminal platform: ► https://www.tokenterminal.com/ ----------------------------------------- 💬 Join our Discord: ► https://discord.com/invite/tokenterminal ----------------------------------------- 📱 Follow us on Twitter: ► https://twitter.com/tokenterminal ----------------------------------------- 📩 Subscribe to our Newsletter: ► https://tokenterminal.com/resources ----------------------------------------- Timestamps: 00:00 Introduction

00:59 Polkadot’s core value proposition

02:17 The optimizations Polkadot has focused on

04:25 The problem that Polkadot solves for blockchain developers

08:55 The bet against blockchain maximalism

11:52 Building an unstoppable blockchain ecosystem

17:10 What is best suited to be built on Polkadot

20:02 The current Parachain landscape

21:20 The Substrate blockchain development framework

23:42 Polkadot's core contributors

28:04 Polkadot's economic model

32:18 What role do fees and revenue play in a blockchain's value accrual

35:27 What are the best metrics to measure/value a blockchain?

35:27 Quantifying the utility of a blockchain's native token

38:27 Current challenges

43:37 Growth drivers

43:16 What's next for Polkadot? Crypto redefines the way businesses are built and operated. Token Terminal gives you the tools to evaluate and track the most promising projects. The information provided in this episode does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Token Terminal does not recommend that any cryptocurrency or token should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. #Polkadot #DOT #Blockchain #Crypto #TokenTerminal