Death Spirals, Bridging Digital Nations and Corruption with Alexei Zamyatin

This episode of the #citizenweb3 podcast features Alexei Zamyatin, Co-Founder of Interlay, a modular, programmable layer between Bitcoin and the multi-chain ecosystem that unlocks novel decentralized use cases for BTC.
Interlay utilizes an already operational, decentralized bridge to connect Bitcoin with a lending protocol and AMM decentralized exchange, enabling Bitcoin holders to access basic financial services without relying on centralized exchanges
We spoke to Alexei (https://twitter.com/alexeizamyatin?lang=en) about Interlay (https://www.interlay.io/) and:
Payment channels
Who pays the price for decentralization?
The perfect storm leading to a death spiral
Death Spirals
How do we build trustless bridges?
Economic interests and tribalism
Economic vs statistical security
Profits at the expense of the good of the people
Centralized power corrupts
Does full decentralization exist?
One coin to rule them all
Imposter Syndrome
Early cross chain communication
Domain name squatting
Weak links in centralized systems
Should I build, just because I can?
Hostile governance attacks.
Academia and research as a launch pad for a successful project
Academia vs field work
The need for Altruism in web3
Solving a problem is a good place to start
Thesis topics as a gateway to Bitcoin
Risks of relying on bridges
Failures of bridges wiping out entire ecosystems
The importance of community in decentralization
Ethical questions around building
Ethical implications of breakthroughs
Differences between native and wrapped tokens
Diminishing trust in institutions
The future of bridging
Computer Science as a way to be a creative
Analysis and effects of merge mining
If you like what we do at Citizen Web3:
Stake with Citizen Web3 validator (https://www.citizenweb3.com/staking)
Listen to the YouTube version (https://youtu.be/anK4shpKDKY)
Follow us on Twitter (https://twitter.com/citizen_web3)
Sign up to the RSS feed (https://www.citizenweb3.com/rss) Special Guest: Alexei Zamyatin.

This episode of the #citizenweb3 podcast features Alexei Zamyatin, Co-Founder of Interlay, a modular, programmable layer between Bitcoin and the multi-chain ecosystem that unlocks novel decentralized use cases for BTC.

Interlay utilizes an already operational, decentralized bridge to connect Bitcoin with a lending protocol and AMM decentralized exchange, enabling Bitcoin holders to access basic financial services without relying on centralized exchanges

We spoke to Alexei about Interlay and:

Payment channels
Who pays the price for decentralization?
The perfect storm leading to a death spiral
Death Spirals
How do we build trustless bridges?
Economic interests and tribalism
Economic vs statistical security
Profits at the expense of the good of the people
Centralized power corrupts
Does full decentralization exist?
One coin to rule them all
Imposter Syndrome
Early cross chain communication
Domain name squatting
Weak links in centralized systems
Should I build, just because I can?
Hostile governance attacks.
Academia and research as a launch pad for a successful project
Academia vs field work
The need for Altruism in web3
Solving a problem is a good place to start
Thesis topics as a gateway to Bitcoin
Risks of relying on bridges
Failures of bridges wiping out entire ecosystems
The importance of community in decentralization
Ethical questions around building
Ethical implications of breakthroughs
Differences between native and wrapped tokens
Diminishing trust in institutions
The future of bridging
Computer Science as a way to be a creative
Analysis and effects of merge mining

If you like what we do at Citizen Web3:

Stake with Citizen Web3 validator
Listen to the YouTube version
Follow us on Twitter
Sign up to the RSS feed

Special Guest: Alexei Zamyatin.

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