S3E23 Moonbeam: Interoperable Blockchains and the Future of DeFi w. Derek Yoo (Founder, Moonbeam)
Blockchain Won't Save the World - A podcast by Anthony Day - Saturdays
Why haven't we made interoperable Blockchains, yet? Why should we care? Is Decentralised Finance a credible alternative to big banks? And how did Moonbeam get to 1 MILLION smart contracts?
All big questions in the world of Web3, and ones that Derek Yoo (Founder of Moonbeam) is very familiar with. But the macro market story will tell you, we're not quite at 'mass adoption' of DeFi, and we're still seeing a lot of Blockchain maximalism in the world, as new chains grapple for product-market fit.
We'll discuss all this and more, including:
- The importance of DevX and UX
- Derek's rationale for building on the Polkadot network
- DeFi maturity and its value to the world today
- How Moonbeam attracted a million smart contracts to the platform
- The wider challenge of attracting developers Blockchains and Web3
- 'Competition' from the proliferation of L2s and L3s
- What more is needed to see wider use of DApps and Web3 tech
