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Unchained

How Osmosis Is Trying to Improve the Crypto User Experience - Ep.357

Unchained

Laura Shin

Business News, News, Tech News

4.61.3K Ratings

🗓️ 31 May 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

Sunny Aggarwal, co-founder of Osmosis Labs, talks about how Osmosis is being built, the innovations that are coming, the reasons to use app chains, and much more. Show highlights: how Sunny got into crypto  how the DAO hack turned him off Ethereum at first  how the scaling issues with Ethereum got him interested in the Cosmos vision of app-chains why he is interested in Proof of Stake what the vision of Cosmos is how Sunny compares the evolution of blockchains with human evolution why he thinks that Cosmos integrates the best of Bitcoin and Ethereum networks why he thinks that having more than one Proof of Work chain is fundamentally insecure which three technologies are necessary for Cosmos to succeed what IBC and the Cosmos SDK do why Sunny decided to build Osmosis  how automated market makers are massively underexplored why UX is such a priority for the Osmosis team why Sunny does not want to list the OSMO token on other exchanges why Osmosis has a curated dex as well as a permissionless one how Osmosis governance works  how security is provided on Osmosis what superfluid staking is how CosmWasm helps Osmosis compete with centralized exchanges how Osmosis is solving frontrunning with threshold encryption why the Osmosis team chose Axelar for bridging whether Yuga Labs could have used an app chain    Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance/   EPISODE LINKS Sunny Aggarwal Twitter: https://twitter.com/sunnya97 LinkedIn: https://www.linkedin.com/in/sunnya97/   COSMOS What is Cosmos: https://v1.cosmos.network/intro Cosmos whitepaper: https://v1.cosmos.network/resources/whitepaper CosmWasm: https://cosmwasm.com/ Cosmos IBC: https://www.coinbase.com/es/cloud/discover/dev-foundations/ibc-protocol#:~:text=The%20Cosmos%20ecosystem%20has%20a,protocol%20(IBC)%20was%20created. Cosmos SDK: https://v1.cosmos.network/sdk OSMOSIS  Twitter: https://twitter.com/OsmosisZone Website: https://osmosis.zone/ Superfluid staking: https://medium.com/osmosis/osmosis-superfluid-staking-launch-feb-28-45f8e43064af Osmosis Vision: https://medium.com/osmosis/vision-for-osmosis-e68e796ff1c2 Threshold Encryption: https://medium.com/zero-knowledge-validator/privacy-in-cosmos-defi-edition-event-summary-8cafda021aa6#:~:text=Threshold%20encryption%2C%20applied%20by%20Osmosis,of%20votes%20required%20for%20consensus. Osmosis Governance: https://docs.osmosis.zone/overview/governance.html   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Heads up everyone, this episode was recorded before the recent meltdown and relaunch of

0:08.8

Tara.

0:09.8

So if you hear us talking about UST as if it's still a thing, that's why.

0:14.2

Also, this is the last episode with a long time producer on the show, Dan Nuss, who actually

0:19.5

began working on Change because he reached out as a fan.

0:23.2

He's been here through a long period of change and growth and supported me in numerous

0:27.4

ways.

0:28.6

It's terribly ironic that I have to record this with my Apple Ear Buds, since Dan always

0:33.6

did a lot to make me and the guests sound amazing.

0:37.0

It's also ironic that I can't make a video because the Airbnb where I'm staying has such

0:41.4

terrible Wi-Fi, because Dan is at heart a video person.

0:46.2

However, I and everyone at Unchained wish him the best.

0:50.2

And now onto the show.

0:52.2

Hi everyone, welcome to Unchained, your no-hive resource for all things crypto.

1:00.8

I'm your host, Laura Shin, author of The Crypto Beans.

1:04.6

I started covering crypto seven years ago, and as the senior editor Forbes was the first

1:09.2

mainstream media reporter to cover cryptocurrency fall time.

1:12.4

This is the May 31st, 2022 episode of Unchained.

1:16.9

This episode of Unchained is brought to you by Beefy Finance, the multi-chain yield optimizer.

1:23.4

Beefy is the easiest way to earn more from your crypto.

1:27.3

Deposit funds into beefy's secure vaults to auto compound yields across 12 blockchains.

1:33.4

Got crypto?

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