Solfate Podcast - Interviews with blockchain founders/builders on Solana

• Termina and the Future of Network Extensions, w/ Yiwen, founder of Nitro Labs

  A conversation with Yiwen (aka @oceanicursula), founder of Nitro Labs, the team behind @Terminaxyz.Full notes for this episode at: https://solfate.com/podcast/73Solfate PodcastFollow us on twitter and turn the notifs on: @SolfatePodDiscover all our podcast episodes on our website: solfate.com/podcastCollect our episodes as NFTs on DRiP: drip.haus/solfateSummaryIn this episode of the Solfate Podcast, hosts James and Nick return after a brief hiatus to discuss groundbreaking innovations with Yiwen from Nitro Labs. The conversation dives deep into Nitro Labs’ product, Termina, which offers modular network extensions for the Solana ecosystem. They explore the concept of deconstructed rollups and how specific modules like the zkSVM prover, SVM engine, and Data Module allow for more efficient and targeted solutions. The discussion covers applications in DeFi, bridging, and the advantages of offloading high-compute tasks off-chain while ensuring on-chain security and verification. The episode also touches on the challenges and strategies for monetizing these advanced technical solutions.00:00 Introduction to On-Chain Proof Verification00:31 Welcome Back to the Podcast00:54 Introducing Yiwen from Nitro Labs01:03 Exploring Network Extensions and Deconstructed Rollups05:04 Deep Dive into Solana and SVM07:17 Shifting Focus to Solana Native Development15:39 Understanding Asynchronous Settlement in DeFi22:51 Beyond Rollups: The Future of Network Extensions24:37 User Feedback and Modular Roll-Up Stack25:01 Introducing the EZKS VM Improver25:23 Challenges and Solutions in ZK VM Implementation26:54 Proving Solana Transactions with ZK Prover27:44 Bridging and Cross-Chain Transactions31:18 Trustless Computation and Cryptographic Proofs34:36 Real-World Applications and Use Cases40:05 Monetizing ZK Prover and Developer Insights45:56 Future of Network Extensions and Infrastructure48:26 Conclusion and Final ThoughtsFind Yiwen and Termina onlineFollow Yiwen on Twitter/X: @oceanicursulaFollow Termina on Twitter/X: @TerminaxyzCheck out Termina at their websiteFollow us aroundNicktwitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJamestwitter: @jamesrp13github: github.com/jamesrp13

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• How Step Finance tracks the firehose of Solana DeFi data (feat. Dana, lead backend dev)

  A conversation with Dana (aka @TheSoftwareJedi), Lead Backend Developer at @StepFinance_Full notes for this episode at: https://solfate.com/podcast/71Solfate PodcastFollow us on twitter and turn the notifs on: @SolfatePodDiscover all our podcast episodes on our website: solfate.com/podcastCollect our episodes as NFTs on DRiP: drip.haus/solfateSummaryIn this conversation, Dana shares his journey of discovering Bitcoin from a homeless shelter and what he’s building now at Step Finance. The discussion covers his initial discovery of Bitcoin, his eventual embrace of Solana, the engineering challenges faced in data aggregation, and the innovations being implemented by Step Finance for real-time Solana data processing. The conversation wraps up with valuable advice for those looking to enter the field.TakeawaysDana's journey into crypto began during a challenging time in his life.He discovered Bitcoin while in a homeless shelter, leading to a passion for crypto.His entry into Solana was sparked by a friend's recommendation.Being helpful in the Solana Discord community opened doors for Dana.Step Finance's mission resonated with Dana's passion for DeFi products.Providing value to the ecosystem builds trust and credibility.Dana highlights the importance of community in the crypto space.Step Finance is involved in various initiatives, including education in underbanked countries.Real-time data processing is essential for modern applications.Understanding the account model in Solana is vital for developers.Low-level programming knowledge is beneficial in blockchain development.Documentation is key to mastering new technologies.Engineers must adapt to evolving data structures and requirements.Maintaining performance while scaling is a common challenge.Hands-on experience with constrained environments can aid in blockchain development.Follow us aroundNicktwitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJamestwitter: @jamesrp13github: github.com/jamesrp13

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• How Lulo is Making DeFi Stupidly Simple, w/ Daniel, co-founder and CEO @Lulo

  A conversation with Daniel (aka @nicechute), co-founder and CEO @LuloFull notes for this episode at: https://solfate.com/podcast/70Solfate PodcastFollow us on twitter and turn the notifs on: @SolfatePodDiscover all our podcast episodes on our website: solfate.com/podcastCollect our episodes as NFTs on DRiP: drip.haus/solfateSummaryIn this episode, we welcome Daniel on the podcast, co-founder and CEO of Lulo, to discuss the birth and evolution of Lulo, a platform that simplifies DeFi. We explore the challenges faced in the DeFi space, the pivot from their original product to FlexLend, and the importance of user experience. The discussion also covers upcoming features, including a native app and an insurance product aimed at mitigating smart contract risks, ultimately positioning Lulo as a competitive player in the personal finance space.We talk about the innovative features of Lulo, a DeFi platform designed to enhance user experience and safety in digital asset management. The discussion covers the importance of risk management in DeFi, the introduction of an insurance-like product to protect users' deposits, and the vision for Lulo as a comprehensive financial tool that simplifies crypto investments. We also discuss regulatory challenges and the future of Lulo as a leading crypto app, highlighting the platform's potential to attract a broader audience to DeFi.TakeawaysDeFi is perceived as hard to use, which hinders adoption.The original idea for Lulo was an order book for lending.The pivot to FlexLend was driven by user needs for simplicity. Lulo's model allows for diversified risk management similar to traditional insurance.The future of Lulo includes features like debit cards and fiat onboarding.Lulo seeks to create a risk-free standard in the DeFi space.A simple UI can significantly enhance user experience.Launching a product early allows for easier iteration and feedback.Marketing strategies should align with product complexity.Lulo aims to compete with traditional finance apps like Robinhood. Safety is the number one concern for users in DeFi.The new insurance product helps manage risks associated with underlying protocols.Users will choose their risk level instead of specific apps in the new UX.Lulo aims to be the go-to crypto app for personal finance.The platform's efficiency improves as more DeFi pools are integrated.Follow us aroundNicktwitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJamestwitter: @jamesrp13github: github.com/jamesrp13

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• Building an investment DAO within the Star Atlas ecosystem and buying a $5M space ship w/ Craig, Founder of SuperPhoenixDAO

  A conversation with Craig Mahoney (aka @Njord614), Founder @SuperPhoenixDAOFull notes for this episode at: https://solfate.com/podcast/69Solfate PodcastFollow us on twitter and turn the notifs on: @SolfatePodDiscover all our podcast episodes on our website: solfate.com/podcastCollect our episodes as NFTs on DRiP: drip.haus/solfateSummaryIn this episode, we welcome Craig on the podcast to discuss the innovative concept of SuperPhoenixDAO, a project centered around acquiring and tokenizing in-game assets within the Star Atlas universe. They explore the economic implications of such investments, the social dynamics of gaming, and the potential for community engagement through decentralized governance. The discussion also touches on the development timeline of Star Atlas and the exciting possibilities of cross-game integration within the Solana ecosystem.We discuss the role of SuperPhoenixDAO in connecting various ecosystems within the Web3 space, emphasizing the importance of creating unique user experiences. Our guest shares insights on current initiatives, future plans, and the challenges of fundraising in both Web2 and Web3 environments. The discussion highlights the symbiotic relationships between different projects and the maturation of the blockchain space, focusing on long-term investments and community engagement.TakeawaysSuperPhoenixDAO aims to build a social hub in Star Atlas.Tokenizing in-game assets can democratize ownership.Investing in virtual venues can yield real-world returns.The gaming economy is evolving with Web3 technologies.Community engagement is crucial for game development.Cross-game integration can enhance player experiences.The future of gaming lies in decentralized ecosystems. Creating a functional bond between different NFT communities is essential.SuperPhoenixDAO aims to be the connective tissue between isolated ecosystems.The focus on experiential design sets SuperPhoenixDAO apart from traditional blockchain projects.The upcoming token launch is a significant milestone for SuperPhoenixDAO.Gaming is a key area for onboarding new users to the crypto space.Long-term investments in Web3 projects are becoming more common.The mutually beneficial relationship between SuperPhoenixDAO and Star Atlas.Follow us aroundNicktwitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJamestwitter: @jamesrp13github: github.com/jamesrp13

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• Behind DSCVR: Building a Decentralized Social Network for the Web3 Era w/ Rick Porter, CEO

  Behind DSCVR: Building a Decentralized Social Network for the Web3 EraA conversation with Rick Porter (aka @rckprtr), CEO @ DSCVRFull notes for this episode at: https://solfate.com/podcast/68Solfate PodcastFollow us on twitter and turn the notifs on: @SolfatePodDiscover all our podcast episodes on our website: solfate.com/podcastCollect our episodes as NFTs on DRiP: drip.haus/solfateSummaryIn this conversation, Rick Porter, CEO and co-founder of DSCVR (pronounced Discover), discusses the evolution of his platform, a Web3 social network aimed at unlocking monetization, distribution, and ownership for users. He shares his background in crypto, the transition from previous projects to DSCVR, and the technical architecture that supports the platform. The discussion also delves into the complexities of the feed engine and user engagement strategies, highlighting the challenges and innovations in building a decentralized social network.Rick Porter discusses the infrastructure and cost efficiency of data analytics on Solana vs Ethereum, the value of blockchain in social media, and the importance of transparency and accessibility for creators. He explores the philosophical implications of treating data as a utility and presents DSCVR as a new social platform for Web3 users. The discussion concludes with insights for builders in the ecosystem, emphasizing the importance of experimentation and self-belief.TakeawaysDSCVR aims to unlock monetization, distribution, and ownership for users.Blockchain provides decentralization and verifiability for social media. DSCVR 's initial concept was to create a Reddit-like platform on-chain.User engagement is driven by a complex feed engine that customizes content for each user.The move to Solana was a significant step for DSCVR's development. Infrastructure costs for data analytics can be managed effectively.Rust offers significant cost savings compared to TypeScript systems.Transparency in social media empowers creators and users alike.Data should be accessible to everyone, akin to a utility.DSCVR offers a unique social experience for Web3 users.Building in the ecosystem requires experimentation and resilience.Don't underestimate your capabilities as a builder.Find Rick and DSCVR onlineFollow Rick on twitter - @rckprtrFollow DSCVR on twitter - @dscvr1Follow us aroundNicktwitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJamestwitter: @jamesrp13github: github.com/jamesrp13

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