Odd Lots   /     How Solana and Pyth Aim To Take DeFi to the Next Level

Description

There's obviously a lot of interest in crypto and DeFi these days. And while it's growing rapidly, it's still not cutting much into traditional finance business lines. For the most part, trading on blockchains is slow and costly. But some projects don't accept the premise that blockchains have to be slow and inefficient. Solana is an Ethereum competitor whose native token has been soaring. And unlike Ethereum, its transactions are cheap and ultrafast. So what tradeoffs does it make? And what projects are being built on top of it? On this episode, we speak with Solana founder Anatoly Yakovenko and Kanav Kariya of Jump Trading, who is involved with an oracle project called Pyth. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Subtitle
Duration
3706
Publishing date
2021-08-30 08:00
Link
https://www.bloomberg.com/oddlots
Contributors
  Bloomberg
author  
Enclosures
https://www.podtrac.com/pts/redirect.mp3/traffic.megaphone.fm/HSW4996725833.mp3?updated=1630276793
audio/mpeg

Shownotes

There's obviously a lot of interest in crypto and DeFi these days. And while it's growing rapidly, it's still not cutting much into traditional finance business lines. For the most part, trading on blockchains is slow and costly. But some projects don't accept the premise that blockchains have to be slow and inefficient. Solana is an Ethereum competitor whose native token has been soaring. And unlike Ethereum, its transactions are cheap and ultrafast. So what tradeoffs does it make? And what projects are being built on top of it? On this episode, we speak with Solana founder Anatoly Yakovenko and Kanav Kariya of Jump Trading, who is involved with an oracle project called Pyth.

Learn more about your ad-choices at https://www.iheartpodcastnetwork.com