#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks
Lex Fridman Podcast
Lex Fridman
4.7 • 13.6K Ratings
🗓️ 1 May 2021
⏱️ 186 minutes
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Summary
Sergey Nazarov is the Co-Founder of Chainlink, a decentralized oracle network that provides data to smart contracts. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Sergey’s Twitter: https://twitter.com/SergeyNazarov
Chainlink Website: https://chain.link/
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(07:56) – Hedgy
(08:22) – Digital vs physical world
(16:16) – Definitive truth
(20:31) – Decentralized finance
(29:00) – Smart contracts
(35:16) – Hybrid smart contracts and oracle networks
(52:02) – Applications of smart contracts
(1:10:08) – AI and smart contracts
(1:17:40) – What agreements can be turned into smart contracts?
(1:28:43) – Privacy
(1:39:01) – Trust
(1:54:36) – Bitcoin
(2:02:50) – Satoshi Nakamoto
(2:10:10) – Ethereum
(2:15:59) – Chainlink design decisions
(2:28:27) – Dogecoin
(2:32:44) – Book recommendations
(2:44:54) – Advice for young people
(2:56:58) – Meaning of life
Transcript
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| 0:00.0 | The following is a conversation with Sergei Nazarov, CEO of Chainlink, which is a decentralized |
| 0:06.4 | Oracle network that provides data to smart contracts. |
| 0:10.3 | He and his team have done seminal research and engineering in the space of smart contracts. |
| 0:15.3 | Check out the Chainlink 2.0 white paper that I found to be a great overview of their technology |
| 0:20.2 | and vision. |
| 0:21.2 | It's 136 pages, but very accessible. |
| 0:24.9 | Quick mention of our sponsors. |
| 0:26.9 | Find access, apply to greens, magic spoon, indeed, and better help. |
| 0:32.2 | Check them out in the description to support this podcast. |
| 0:35.5 | As a side note, let me say that externally connected smart contracts that combine the |
| 0:40.7 | ocean of data out there with the security of the blockchain are fascinating to me, both |
| 0:45.8 | technically and philosophically. |
| 0:48.5 | Data is knowledge, and knowledge is power. |
| 0:52.0 | I think the more reliable data sources we integrate into our decision making, especially when |
| 0:58.4 | those decisions are executed by programs, the more efficient and productive our decisions |
| 1:03.3 | become. |
| 1:04.7 | There are interactions between humans that should not be formalized digitally, like love, |
| 1:11.4 | for example. |
| 1:12.4 | But for all the others, there's no reason for smart contracts not to automate away the |
| 1:17.3 | menial parts of life, making more room for good conversation over brisket and maybe |
| 1:23.2 | some vodka with old and new friends. |
| 1:26.9 | As usual, I'll do a few minutes of ads now. |
... |
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