The Third Web #14 - Dawn Of An Ecosystem: Substrate & Polkadot

Care of DFINITY I was privileged to attend the Web 3 Summit in Berlin last year. While there I interviewed Aeron Buchanan, the Executive Vice President of the Web 3 Foundation and Gavin Wood, Founder of Ethereum, Parity, and the Web 3 Foundation. These guys are two of the individuals that launched the programmable blockchain revolution and these interviews plot a course from the founding of Ethereum to their vision of the decentralized web and give us a trajectory beyond.

A quick production note. These interviews were filmed in the style of the other filmed interviews on The Third Web, unfortunately the footage was lost to a dead macbook leaving only the audio. As I usually cut myself out of the filmed interviews my contribution is less geared for production.

Visit https://web3.foundation/ , https://www.parity.io/ for more information

Aeron Buchanan

Executive vice president of Web 3 Foundation

Masters in Computer science with a focus on engineering at Oxford

Worked in film

Then completed a PHD in computer vision

Became algorytm designer

Tell us about your time at Ethereum

Ethereum was initial exciting

Went from raising interest to actually delivering and things changed a lot

Aareon ran most of Eth Dev

Very stressful

Was Ming Chan hard to work with?

Came later

Eventually delivery of Ethereum was on course.

A CEO or COO type role was needed.

Eth foundation was not doing much at the time.

The plan was to transition EthDev responsibilities to foundation

After a worldwide search Vitalik chose Ming Chan

Aeron transitioned out shortly thereafter

Web 3 Foundation

Drives the development and deployment of polkadot.

Parity is building the rust implementation

The runtime of polkadot is Parity’s Substrate.

What is Web 3?

Web 3 is different things to different people.

To The Web 3 foundation Web 3 is the deentralized web.

The Web 3 foundation aims to map out and build the technologies needed.

This seems very blockchain focussed

Yes, and polkadot is blockchain platform

The blockchain platform part is only part.

There needs to be a large number of other components to build the decentralized web

How do you build decentralised messaging and storage?

We are leaving that to others like IPFS.

Proof of replication is something that people who looked at proof of storafge instead of proof of work overlooked.

Whisper and Secure scuttlebutt are interesting options

Coordination can happen on the blockchain but messaging on the blockchain is a non-starter.

When will all this stuff come together to make ausable platform?

We are not yet at a stage of maturity.

The technologists building all of this know we are not at the end yet.

We started with scripting

Moved to scalability, reputation, messaging & everything else. We are not yet through the checklist.

Polkadot takes us 95% of the way to scalability

The next one is reputation. No clear solution yet.

Whats the challenge with reputation?

Proposals look at the result rather than the approach.

Reputation is different in different contexts.

There must not be an originator. Reputation must be decentralized.

Gavin Wood

Founded Ethereum

Founded Parity

Founded Web 3 Foundation

Lead of Polkadot.