“We're really looking to push beyond this, like even thousands of transactions per second. That's like a bit of a sort of a goal right now and looking in the next three or four years to be orders of magnitude greater.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Gavin Wood
Opinion
Wood: Social media retention relies on network effect inertia, not quality
“Look, I mean, people are hooked, right? And they're hooked because of the network effects. It's super, there's huge amounts of inertia. It's not that it's not that the product is necessarily is necessarily, like, so amazing that the individuals are using it pu…”
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“I don't believe electing a politician is going to do that at all. Like, not a chance. I reckon the world had a pretty decent chance with Obama, and not much changed, right? He got through a, you know, a healthcare bill that was really just US-centric, and that…”
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“I think there is a natural tendency towards those in power to consolidate that power. And I think the internet provided a really effective means to consolidate power on a scale not seen before.”
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Opinion
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Disclosure
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“Yeah, I mean, this is a collaboration. And I'm happy to sort of announce that, you know, Polkadot is, is the, you know, sort of underlying technical framework that you know, this will be implemented upon.”
Gavin WoodMay 26, 2022▶ 28:02Ethereum Co-Founder Gavin Wood On What Web3 Is Actually Good For
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