BlockchainBrad: Parity Tech | Joe Petrowski | BlockchainBrad | Blockchain Infrastructure for the Decentralised Web

  • Wednesday, 08 July 2020 00:30
BlockchainBrad speaks with Parity Technologies Research Analyst about building Blockchain Infrastructure for the Decentralised Web. Joe Petrowski explains that Parity Technologies is an infrastructure and innovation focused company building tooling, platforms and enabling limitless applications. Parity's work combines cutting-edge cryptography, cellular system, P2P tech and decentralised consensus architectures. From the Substrate blockchain framework to Polkadot, the sharded protocol enables blockchains to operate seamlessly together at scale. In a nutshell, Parity is building the foundation of Web 3.0 and is set to revolutionize the web itself. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Timestamps: 00:20 Intro, Joe Petrowski 00:52 What is Parity Technology? Reference to Substrate too. 1:55 Specialised State Machine 3:40 The infrastructure of Parity 3:49 Web3 Research and Development 6:11 More abstract encoding. Focus on protocol building & tooling 7:14 Building- Parity, Polkadot and the Substrate Infrastructure (abstract generalised blockchain infra for the DWeb) 8:25 Polkadot: not just catering for DeFi 10:13 Decentralisation with Purpose 10:16 The CeFi & DeFi Spectrum 11:22 The Parity Team: 90+ devs, 15 countries 12:36 Founders of Parity: leading the blockchain 13:26 Iterating beyond Ethereum- no competition. 14:07 Governance- Important innovation at Polkadot 15:30 Key aspects of Governance- Onchain decision-making & autonomy 16:40 Forkless upgrade & transparency 17:08 PoS. Polkadot and the Differentiating factors 18:34 Differentiating Ethereum from Polkadot. Runtime, WASM. Client as host environment, whereas Ethereum is client-bound. 20:27 Enterprise in the Polkadot & Eco Context 23:10 Offchain Workers- feature referenced 23:36 Polkadot- the conservative Symphony. Kusama: underestimated 24:20 More on Kusama. More than just a canary cousin. 25:47 Kusama: audited regularly. More than a testnet. Parachain deployer 27:07 Kusama bright future. 29:10 Parachains, Relay Chain, Interoperability 30:59 Polkadot- logic execution, messaging, security & scalability 33:20 Meaningful message passing 34:00 Specialised Blockchains and their value 35:04 Free Design. From Private to public, permissioned to permissionless 36:46 Baseline-Ethereum-ConsenSys discussion/contrast. 40:00 The Substrate-The exciting first wave of startups 40:50 shoutout to some of the Substrate startups like Acala, Laminar, Moonbeam + more! 43:10 Cutting Edge Claims by Parity teams 43:43 Privacy- Onchain/Offchain- caters for non-deterministic tasks too 45:16 Funding & Runway with Polkadot 49:44 Value is a limited Resource. Security creates value. 51:51 The power of Network Effects 53:00 Hack Risks, Security Risks. Industry keeps evolving 54:17 Adoption: beyond Speculation. Real Utility 55:35 10x-100x more devs are coming to this industry! 56:14 Enterprises don't have to start from scratch! 59:05 Github: transparency, access. 100% open source- see github link 1:01:04 What qualities in research/educators/doers that Joe values. Reasoning First Principles. 1:03:03 What's exciting working on Parity 1:04:32 Joe's RelayChain Podcast 1:07:21 What to go to learn more- wiki, Riot, socials and more. Gavin Wood is active in the Riot chats! 1:08:35 Final Statements and thanks to Joe! ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Links: Website: https://www.parity.io/ Riot:https://riot.im/app/#/room/#watercooler:matrix.parity.io Another Riot Link: https://substrate.dev/en/community Github: https://github.com/paritytech/ Gitter: https://gitter.im/paritytech/parity Documentation: https://openethereum.github.io/wiki/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►Join The BCB Tele https://t.me/BlockchainBradCommunity ► Follow on twitter: https://twitter.com/Brad_Laurie ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This was 100% free and I received NO financial compensation for doing this video; not in fiat, tokens or any form on payment. INVESTMENT DISCLOSURE: I have not invested in Parity Technologies or DOT (Polkadot), but I plan to invest in both DOT and several other startups on the Substrate. I own a small amount of Kusama. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● GENERAL DISCLAIMER: The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.