
Proof of Decentralization
By Chris Blec
DeFi Watch's Chris Blec engages in honest conversations with DeFi teams about the transparency & decentralization of their decentralized finance applications & protocols.

Liquity
Liquity
Proof of DecentralizationDec 21, 2021
00:00
02:02:05

Tellor - The Role of Oracles in DeFi
Tellor - The Role of Oracles in DeFi
Chris Blec is joined by Nick Fett of Tellor to discuss the critical role that oracles play in DeFi.
Some of the topics covered:
what makes Tellor unique in the oracle space
the challenges of running a trustless & decentralized project without taking shortcuts
the perils of accepting VC money
Chainlink's centralization issues
and more!
If you want to learn about oracles in DeFi and get a better understanding of how they work and what their risks are, then you'll find this conversation very useful.
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THANK YOU TO OUR SPONSOR!
Tornado Cash Community - learn more at https://tornado.cash
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Check out Tellor at https://tellor.io
Follow Tellor on Twitter at https://twitter.com/WeAreTellor
Join Tellor's Discord chat at https://discord.com/invite/tellor
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Jun 14, 202201:08:51

Arbitrum & Other L2 Security Risks w/ Bartek of L2Beat
Arbitrum & Other L2 Security Risks w/ Bartek of L2Beat
Chris Blec is joined by Bartek Kiepuszewski, Co-Founder of L2Beat to discuss the security risks & trust requirements that come along with popular Ethereum Layer 2s.
Some of the topics covered:
How L2Beat got started as a MakerDAO research project
the risks of a whitelisted validator system
what it means to have a centralized sequencer
what kind of risk future regulation could pose to L2s
whether or not users can safely leave their funds on L2s
and more!
If you are curious about Ethereum L2s and want to get a clear understanding of how they work and what their risks are, you definitely will want to listen in on this conversation.
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THANK YOU TO OUR SPONSORS!
Tornado Cash Community - learn more at https://tornado.cash
Members of THORChain Community - learn more at https://thorchain.org
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Check out L2Beat at https://l2beat.com
Arbitrum's Security Considerations & Gotchas: https://developer.offchainlabs.com/docs/security_considerations
Follow Bartek on Twitter at https://twitter.com/bkiepuszewski
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
May 24, 202201:21:30

Rocket Pool - Ethereum Liquid Staking
Rocket Pool - Ethereum Liquid Staking
Chris Blec chats with Darren Langers, General Manager of Rocket Pool about the Ethereum staking scene.
Some of the topics covered:
How Rocket Pool tries to address ETH2 staking in a decentralized way; the dangers presented by Lido's more centralized staking solution; how Ethereum staking actually works; the difference between liquid staking (rETH) vs. running a validator via Rocket Pool; and much more!
If you are curious about ETH staking, or are already using stETH or rETH, you definitely will want to listen in on this conversation.
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THANK YOU TO OUR SPONSORS!
Tornado Cash Community - learn more at https://tornado.cash
Members of THORChain Community - learn more at https://thorchain.org
--
Learn more about Rocket Pool at https://rocketpool.net
Follow Darren Langers on Twitter at https://twitter.com/langerstwit
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
May 11, 202201:05:48

Polygon - Can we really trust DeFi multisigs?
Polygon - Can we really trust DeFi multisigs?
Chris Blec engages in a high intensity chat about DeFi multisigs with Mudit Gupta, Chief Information Security Officer of Polygon.
Some of the topics covered:
Details on which aspects of Polygon are secured by multisigs
What users can and cannot know about how the multisigs are secured
Whether it's safe for users to trust Polygon's multisig security
Polygon's plans to change their security scheme in the near future
How Polygon would react to a request from regulator or state actor
Much more!
--
THANK YOU TO OUR SPONSORS!
Tornado Cash Community - learn more at https://tornado.cash
Members of THORChain Community - learn more at https://thorchain.org
--
Follow Mudit Gupta on Twitter at https://twitter.com/Mudit__Gupta
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Apr 08, 202201:14:24

Tally Ho! - Ethereum Wallet App alternative to MetaMask
Tally Ho! - Ethereum Wallet App alternative to MetaMask
Carolyn Reckhow of Thesis, the developer of the new Tally Ho Ethereum wallet, joins Chris Blec for an honest chat about the new community-backed wallet project and how it can serve as an alternative to MetaMask.
Some of the topics covered:
Carolyn's history with Ethereum including time spent at ConsenSys
how the Tally Ho wallet project came to be
the pros and cons of MetaMask's stranglehold on the wallet space
the incentives, or lack thereof, for VCs to back DAO-run projects
the future of wallet apps with regard to regulation
much more!
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THANK YOU TO OUR SPONSOR, TORNADO CASH!
Learn more at https://tornado.cash
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Learn more about Tally Ho at https://tally.cash
Study up on & participate in the upcoming Tally Ho DAO at https://gov.tally.cash/t/tally-ho-dao-structure-proposal/455
Follow Tally Ho on Twitter at https://twitter.com/tallycash
Follow Carolyn on Twitter at https://twitter.com/CReckhow
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Apr 04, 202201:07:14

Aztec Network - Privacy on Ethereum
Aztec Network - Privacy on Ethereum
Zac Williamson, CEO of Aztec Network, joins Chris Blec for a blunt chat about the challenges & benefits of building a privacy-focused Layer 2 on Ethereum.
Some of the topics covered:
the background of the project
how Aztec Network works
the nature of privacy and why it's critical
whether or not building to regulator specs makes sense
the benefits & dangers of having a "decryption key" on privacy tech
much more!
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Learn more about Aztec Network at https://aztec.network
Try out Aztec's technology at https://zk.money
Follow Zac on Twitter at https://twitter.com/zac_aztec
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Feb 26, 202201:52:04

VC Influence in DeFi w/ Marc Boiron (dYdX, DeFi Education Fund)
VC Influence in DeFi w/ Marc Boiron (dYdX, DeFi Education Fund)
Marc Boiron, General Counsel for dYdX & Committee Member for DeFi Education Fund, joins Chris Blec for a refreshingly honest chat about the influence that venture capital and corporations may or may not have over DeFi regulation.
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SUPPORT: chrisblec.eth
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Follow Marc Boiron on Twitter at https://twitter.com/boironattorney
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LINKS MENTIONED ON THE PODCAST:
dYdX: https://dydx.exchange
Blockchain Association: https://theblockchainassociation.org/
AOPP Group: https://aopp.group/
Initial questions for DeFi Education Fund: https://defiwatch.net/inquiry-into-uniswaps-defi-defense-fund-proposal/
DeFi Education Fund website: https://www.defieducationfund.org/
Fight for the Future grant: https://medium.com/@defieducationfund/grant-fight-for-the-future-f9b8c22b205a
Fight for the Future Director racist tweet examples: 1) https://twitter.com/evan_greer/status/1461765906552561672 2) https://twitter.com/ChrisBlec/status/1461865601622810634
Feb 03, 202202:43:11

Samourai Wallet
Samourai Wallet
SW, co-founder of Samourai Wallet, joins Chris Blec for an honest chat about running one of the most popular Bitcoin privacy wallets available.
Some of the topics covered:
benefits of developers staying anonymous in the Bitcoin space
importance of having strong principles as a Bitcoin/DeFi developer
the negative influence that venture capital can have
how Samourai Wallet was developed and grown
SW's thoughts on future regulation that may affect privacy
how Samourai Wallet would react to oppressive legislation
how Whirlpool and Ricochet work and how they remain non-custodial
whether Whirlpool users should be worried about getting mixed up with criminals
the recent AOPP controversy and Samourai Wallet's take on it
MUCH more
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CHRIS BLEC HAS A PAYNYM!
+billowingunion67B
Learn more about Samourai Wallet & download at https://samouraiwallet.com
Follow Samourai Wallet on Twitter at https://twitter.com/samouraiwallet
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
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LINKS MENTIONED ON THE PODCAST:
https://medium.com/samourai-wallet/diving-head-first-into-whirlpool-anonymity-sets-4156a54b0bc7
https://twitter.com/sethforprivacy
https://twitter.com/techloreistaken
Jan 30, 202202:23:06

Liquity
Liquity
On this episode, Chris Blec is joined by Kolten of Liquity to discuss the stablecoin project in detail and better understand how decentralized it really is. The conversation dives deep into how Liquity works, how it's different from competitors like MakerDAO and USDC, how the use of oracles affects the project's decentralization, why Liquity chose not to have an official front-end, and much more.
A great way to support this podcast! Watch the video version of this podcast along with other member-exclusive DeFi videos at https://chrisblec.com
Learn more about DXdao at https://liquity.org.
Follow Liquity on Twitter at https://twitter.com/LiquityProtocol.
Twitter links:
Kolten - https://twitter.com/0xKolten
Chris Blec - https://twitter.com/chrisblec
Dec 21, 202102:02:05

DAOs (feat. DXdao)
DAOs (feat. DXdao)
On this episode, Chris Blec digs deep into the question "What is a DAO?" with John, Chris and Augusto of the DeFi-building DAO, DXdao. The conversation explores whether or not the term "DAO" should have a strict definition, what different forms a DAO can take, and explores the recent ConstitutionDAO phenomenon and whether it was good or bad for the decentralization movement.
A great way to support this podcast! Watch the video version of this podcast along with other member-exclusive DeFi videos at https://chrisblec.com
Learn more about DXdao at https://dxdao.eth.link.
Follow DXdao on Twitter at https://twitter.com/DXdao_.
Twitter links:
John Kelleher - https://twitter.com/jpkcambridge
Chris Powers - https://twitter.com/powers_chris
Augusto L - https://twitter.com/augustolemble
Chris Blec - https://twitter.com/chrisblec
Nov 19, 202101:48:50

Solana
Solana
Anatoly Yakovenko, CEO & Founder of Solana Labs, joins Chris Blec for a frank chat about the level of decentralization of Solana as compared to mainstay blockchains like Bitcoin and Ethereum, the impact that Solana validators can have on the state of the network, how the Solana project was conceived, whether or not the SOL token truly has real value, the impact that VC investment has had on the project, and much more.
Learn more about Solana at https://solana.com
Follow Anatoly Yakovenko on Twitter at https://twitter.com/aeyakovenko
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Oct 22, 202101:51:34

THORChain
THORChain
Chad Barraford of THORChain joins Chris Blec for an amazingly candid chat about the successes and challenges that the novel cross-chain DeFi project has faced over the past 1-2 years. Topics covered include THORChain history, exploits, the stress of being a DeFi dev, the difficulty of trading decentralization for security & much more.
Learn more about THORChain at https://thorchain.org/
Read THORChain's blog at https://medium.com/thorchain
Follow Chad Barraford (THORChain) on Twitter at https://twitter.com/CBarraford
Follow Chris Blec on Twitter at https://twitter.com/ChrisBlec
Oct 01, 202102:00:18

Sovryn
Sovryn
Listen in on this honest discussion between Chris Blec (DeFi Watch) and Yago (Sovryn). In this conversation, we dive deep into the Bitcoin Layer 2 RootStock a.k.a. RSK and the intricacies of Sovryn's lending & borrowing, swapping tools and decentralized stablecoin tech.
If you are a DeFi project member that would like to engage in a future Proof Of Decentralization chat, please DM @ChrisBlec on Twitter.
This is not a sponsored chat and Chris is not receiving compensation of any sort. No outcomes have been guaranteed. Truth & transparency are the only objectives.
Sep 16, 202102:03:28

zkSync
zkSync
Join this live discussion between Chris Blec (DeFi Watch) and Alex Gluchowski (Matter Labs & zkSync). The goal of this conversation is to learn about zkSync, their Ethereum Layer 2 solution, and discuss its level of decentralization.
If you are a DeFi project member that would like to engage in a future Proof Of Decentralization chat, please DM @ChrisBlec on Twitter.
This is not a sponsored chat and Chris is not receiving compensation of any sort. No outcomes have been guaranteed. Truth & transparency are the only objectives.
Sep 07, 202101:31:56

Telos
Telos
Join this live discussion between Chris Blec (DeFi Watch) and Douglas Horn (Telos). The goal of this conversation is to learn what Telos is, why the world needs it, and to what extent it can be considered decentralized.
This conversation is happening as a result of an open call that Chris put out on Twitter for any projects that want to discuss their decentralization. If you are a DeFi project member that would like to engage in a similar chat, please DM @ChrisBlec on Twitter.
This is not a sponsored chat and Chris is not receiving compensation of any sort. No outcomes have been guaranteed. Truth & transparency are the only objectives.
Sep 06, 202101:16:19