Ep. 58 - There is No Future for Existing Oracles or Bridges w. Peter & Jasper, co-founders @ SEDA Protocol
Episode description
Peter (CEO) and Jasper (CTO) are co-founders at SEDA Protocol, a base layer focused on interoperability. You may know them from Flux, their prior First Party Oracle protocol - Flux. On this pod, we waste no time and we go DEEP into the future of decentralised infrastructure and what would be required for mass adoption. The promise? Chain abstraction. ALPHA WARNING
Some of the things we cover include:
* Defining key terms such as blockchains (multiple), oracles and bridges using tons of useful and playful analogies.
* Challenges and shortcomings of the current oracles. Kingmakers or bottlenecks? Perhaps both
* SEDA's evolution: from a fancier cart and buggy to becoming a Ferrari. Rethinking interconnectivity and data availability
* Novel ways to monetise data: mind-melting Oracle Extractable Value [Alpha Warning]
* Other protocol features: how anyone can become a data provider, how to setup your own relay, how to launch products as modules, and more!
* Data. Chain abstraction. Rust. Rrrrrrrr
* and much more.
Resources
SEDA Website - https://www.seda.xyz/
Modular Blockchain Thesis (AltVMs)- https://x.com/jasperflux/status/1730193805507223654?s=20
Layer Zero - https://layerzero.network/
Follow on Socials
SEDA X - https://twitter.com/sedaprotocol
Peter X - https://twitter.com/realpeterjm
Jasper X - https://twitter.com/jasperflux