A bunch of derivatives suddenly have to be settled simultaneously and everybody starts kind of panicking about oh is the market going to be able to handle this and then

80% of the market starts asking, well, what does that even mean? What is that? How clearing and settlement works? Wait, you're telling me I you can stop my trades?

Oh my god, is that true? Really? Yeah, really? That's how the world works for you. You don't know it because people don't want you to know it.

And you're looking at cryptographic

league guaranteed systems like DeFi and Bitcoin and you're thinking that they're the unreliable ones. The only reason they're unreliable is because

the small portion of unreliability or risk with them is so immediately clear to you

because they're purposefully built not to hide it from you. And that lack of kind of

bullshit basically was very attractive to me.

What's up everybody? My name is the metric of Venus and you're listening to hidden forces. A podcast that helps investors, entrepreneurs, and everyday citizens get an edge by

equipping themselves with the knowledge needed to anticipate the challenges and opportunities of tomorrow. By sharing my critical thinking approach and by challenging consensus narratives about the power structures shaping our world, I help you make the connections to see the bigger picture empowering you to make smarter decisions.

On this week's episode, I speak with Sergei Nazirov, co-founder of Chainlink, the leading decentralized Oracle network used by global enterprises and projects at the forefront of the blockchain space, which enables smart contracts on any distributed ledger to reliably connect to real world data, securing billions of dollars in value across decentralized finance, insurance, gaming, and other industries.

If I were to try and describe Chainlink to you what it is and what it does, I would begin by encouraging you not to think of it as a blockchain. In other words, I'd encourage you not to think of it as one monolithic network.

Instead, it's a potentially infinite subset of networks that support blockchains and operate in parallel to them and to each other, relying on a common framework

that is highly customizable and adaptable to the unique needs of its users who come in a variety of flavors like decentralized applications, data providers, and enterprises.

The purpose of today's conversation is to help educate you on not only what Chainlink is and its value proposition, but also to help you understand how this industry is evolving, the design choices that are being made at the heart of these critical networks and the opportunities that have

and will continue to present themselves to anyone interested in capitalizing on the disruptive efficiencies created by these systems and on an entirely new set of use cases that would have been previously unimaginable.

In the subscriber over time, Sergei and I delved deeper into Chainlink's architecture, how smart contracts, interface with Oracle networks, how such networks come together to service their users, how they come to consensus about events in the real world, and much, much more.

Sergei also shares his more philosophical thoughts about internet culture, what the future is shaping up to look like, and how governance is going to work in a world where more and more of our lives, relationships, and experiences are happening online.

And with that, please enjoy this extremely thought-provoking educational and unique conversation with my guest, Sergei Nazorov.

Sergei Nazorov, welcome to Hidden Forces.

Thank you for having me, Demy, good to chat with you.

The pleasure is all mine, so I've listened to a number of interviews you've given on other podcasts, Sergei, and lectures you've given and talks you've given, and there are certain things that I've noticed haven't come up or that I haven't learned about you, and that begins at the beginning, I don't know much about your life.

...