Ethereum Co-Founder: Why Crypto Has Failed | Gavin Wood
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This episode is brought to you by z k sync. Join the Elastic Network today at zksync.i0/empire. Thanks to z k sync for making today's episode possible. I wanted to take a moment to tell you about Focal by FalconX, the AI powered insights engine built for institutional crypto. By leveraging AI, Focal empowers institutional investors to streamline research, anticipate market shifts, and make sharper investment decisions. You'll hear more about Focal later in the show. Alright, everyone. Welcome back to Empire. I'm kicking this off. Santi's joining in a few minutes, but we're very lucky to be joi
for having me. Are we
is this the have we entered the Gav era, or is it still Gavin? I
mean, I'm easy with either. But, yeah, Gav is fine. Nice.
Nice. How's life, man? What's been going on?
I got back a few weeks ago from a a tour of India and China doing some university lecturing on jams. That was fun. Met a lot of people, saw a bunch of cities. Mhmm. But at the moment, I'm I'm just at home, sort of resting after after the shuttle. Nice.
Alright. Well, let's see if we can deliver some stuff on the podcast here. I I, I've got a million things I wanna ask you. One of them I mean, maybe just on a very macro scale. Like, you you helped found Ethereum starting in 2014. You're, you know, kind of in the Ethereum world, I guess, left left for, like, an EF, like, an Ethereum Foundation like entity late. I think it was 2015. And then I think left the Ethereum ecosystem full time in 2017 for Polkadot. I think I'm getting those dates right. I would I mean, TLDRs, you've been in the industry for a very long time, longer than most who are l
latter. Say more. I think it was Gandhi that said, there's two types of people in the world, those who do the work and those who take the credit. And I think we see a a a a certain bifurcation of crypto in this regard as well. There's a lot of, there's a lot of hype driven projects out there in the crypto world, in the crypto industry, and not that many that are doing legit work. I mean, there's certainly some that are doing, you know, some proper software engineering, but actually pushing the the original sort of Web three a crypto Bitcoin ideals forward, really not that many. Whereas there a
You so you put this underwhelmed feeling, in the hands of you think the industry has misallocated attention?
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