Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Gavin Wood: Substrate, Polkadot and the Case for On-Chain Governance


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From one of the main Ethereum clients, to Polkadot to Substrate; Parity has become exceptional at developing successful open-source blockchain projects. Their latest effort Substrate provides a framework to easily create custom blockchains. Building on cutting-edge technologies like Web Assembly, Substrate also offers automated on-chain upgrades.

We were joined by Gavin Wood, who was previously co-founder and CTO of Ethereum and founded Parity. We talked about the early Ethereum days, how Parity got started, Substrate, Polkadot and his views on on-chain governance.

Topics covered in this episode:

  • The genesis story of Ethereum
  • Why Gavin prefers reasoning from first principles to reading
  • How Parity shunned Silicon Valley principles to build an developer-driven company
  • Why they decided to work on a scalable blockchain from scratch instead of improving Ethereum
  • An overview of Substrate
  • The relationship between Substrate and Polkadot
  • How Substrate allows switching consensus in a live blockchain
  • Why Ethereum’s governance process is centralized
  • Polkadot and the case for on-chain governance
  • Episode links:

    • Parity Technologies Website
    • Polkadot Website
    • E199 - Peter Czaban - Polkadot: The Internet of Blockchain Networks
    • Substrate: A Rustic Vision for Polkadot by Gavin Wood at Web3 Summit 2018
    • Substrate in a nutshell
    • What is Substrate?
    • How Polkadot tackles the biggest problems facing blockchain innovators
    • Substrate testnet launched
    • Epicenter episode from 2014 with Gavin Wood about Ethereum & Ether Sale
    • Thank you to our sponsors for their support:

      • Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks. More at aka.ms/epicenter.
      • Simplify your hiring process & access the best blockchain talent . Get a $1,000 credit on your first hire at toptal.com/epicenter.
      • This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/259

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