kava Cross-Chain blockchain with founder Brian Kerr

Video Index
0:00 welcome
2:08 Macroeconomics
4:52 What problem does KAVA solve?
6:29 COSMOS SDK and Tendermint
8:05 On Cross Chain Bridges
13:25 Traction numbers for KAVA
16:02 Amazing previous career with Fnatic eSports
19:45 Kevin Chou at Forte started GenG
21:10 eSports is very social
22:29 Inspiration: Nassim Taleb
25:06 Shout Outs: Greg from Akash, David Johnston
26:35 Big new product milestones
30:10 Rust vs GoLang
31:27 About the KAVA community
34:30 Pocket Picks: Frontier, THOR, Terra
36:24 on Polkadot
37:56 Security models
38:59 on COSMOS ATOM
40:01 on Agoric
41:55 The Big Idea
45:11 Clubhouse

What problem does Kava Solve?
The big problem in DeFi is currently DeFi is limited to the Ethereum ecosystem. About assets. And what comes along with that is the types of collateral that can be used in DeFi is very limited. And then what we’ve seen recently is things like transaction bandwidth and the resources of the Ethereum network are starting to get really constrained, because of the success of defining it. crypto kitties was the first kind of bellwether that said, you know, things could be clogging up here, but DeFi taking off and then I actually USDT transactions, and just regular payments of ERC. 20s has really filled up the whole blockchain. And that’s what’s causing, you know, $80 transaction fees and huge spikes that make what’s supposed to be an open financial network and composable financial services, no longer open to the world, but only open to what I would call like the ultra rich or people who can afford to pay $80 per transaction that’s way higher than what people currently pay to, you know, trade a stock or do anything in the US much less If a person’s in, you know, Vietnam, Malaysia somewhere where you know, the current, the average person doesn’t earn all that much money. So, you know, the overall promise of DeFi is make these financial services, not just for the ultra wealthy, but accessible anywhere in the world to anyone, regardless of what asset they hold. And we really focus on addressing that particular problem.

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Author: Miko