Ep-22 - Human Coordination Engines
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Welcome to
the Deco podcast, where we bring you stories from founders and investors in web 3. Before we get started, this is not a financial or legal advice. It's just a conversation about things we find interesting in web 3. Views expressed are our own personal opinions. Niko members or guests appearing on the show may have positions on assets they talk about. Welcome to our latest episode where Sid and I had the pleasure of speaking with Shriram Kannan, a professor turned entrepreneur and founder of Eigenlayer. Before we get into the conversation, I'd like to give you a little behind the scenes. Typica
Thank you so much. This
is my course. Alright. So, you
can Nico.
So, typically, we start with, like, me doing the intro and so on. But I think for this one, we'll just we'll just get into it. Right? So, Sriram, welcome to the show. And why don't we start with your intro, how your journey from professor to entrepreneur panned out? Yeah.
I started Ironlayer, like, three and a half years back. As, before that, I used to be at the University of Washington Seattle as a associate professor, running the Adobe Blockchain Research Lab. My journey to to blockchain crypto, was pretty circuitous. I did my PhD in wireless networks, peer to peer wireless systems, actually, and then switched out of that because nothing much was going on in wireless back in 2012. Felt like just people downloading more data. Just every year, it's a bit more data. Not that exciting. So I went into genomics because there was so much there's so much happening i
So the commitment in the traditional in Internet is enforced by trust and commitment in Web 3 or crypto, whatever you want to call it, is enforced by crypto economics and incentive. Would that be the key difference? An
amazing question. So when you think about commitments, the main thing to think about is, so you have to be able to make commitments, which is to state them and record it somewhere. So you have a ledger and immutable, like, and if you're just stating all the commitments, so it's recorded for all of post charity. So that's number 1. And then enforce the commitments. How are commitments enforced? Then you can look at the long arc of history about commitments, and what you see is you can think of society firstly, I think civilization itself is a system of commitments we make each other. Right? You
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