May 21, 2021 · 20m · a16z
NBA Top Shot and the Flow Blockchain
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In this a16z fireside chat, Stanford Professor Dan Boneh and Dapper Labs co-founder Dieter Shirley discuss the technical origins of the Flow blockchain, the engineering behind NBA Top Shot, and key challenges facing the broader NFT ecosystem.
Statements from this episode (4)
Shirley: Ethereum 2.0 eliminates single shared state space composability
“What Ethereum gave us, and what Ethereum too is unfortunately going to be taking away from us, is a single shared state space where every smart contract can talk to every other smart contract and maintain those, you know, acid transaction guarantees that make …”
Shirley: Fiat and crypto conflict over transaction reversibility, enabling fraud
“That the traditional fiat world of finance and the crypto world of tokens, they do not play nicely with each other. One of them has a presumption that every transaction is undoable. The other has the presumption that no transactions are undoable. And that open…”
Shirley: NFT market will face a washout of overpromising project teams
“I think that the, there is, Going to period be a period of time when there's a washout of some of these teams that maybe, you know, maybe they didn't even necessarily have bad intentions. They just bit off more than they could chew and didn't realize how, how …”