Chainlink feat. Johann Eid | DeFine by Stake DAO
Channel: Stake DAO
Date: 29/07/2022

Welcome to DeFine. The podcast making the most important projects in crypto easy to understand and accessible to all. Every episode we are sitting down with a team who are trying to solve important issues of our modern society.

This week we speak to Chainlink, the most widely used oracle network, enabling DeFi across the space. Today we dig into it! 

DeFine on Spotify: https://open.spotify.com/show/2fewAcuDJEDEOvIZMDfygb

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Intro Jingle produced by by Danya Vodovoz:
https://youtu.be/P4wENibK7VQ

0:00 Welcome to DeFine
0:08 Introduction to Johann
1:28 Career transition from programming
2:17 Interest in cross-chain solutions
3:33 Joining the Chainlink team
4:35 Whitepaper mania of 2017
6:07 What is Chainlink?
6:43 Three steps to Chainlink bridging and data delivery
8:34 Single Oracle vs DON
9:01 Chainlink solution with DONs
9:30 Need for Chainlink nodes
10:31 Chainlink as a coordinator entity
11:02 Linking data providers and node operators
11:42 How did Chainlink scale?
12:36 Aligning incentives
13:19 Need for Oracle mechanisms
13:46 Centralized vs decentralized records
14:53 Importance of Oracles
16:16 What makes Chainlink so special?
17:38 Chainlink is a protocol
18:12 What do developers need?
19:40 Community and Link Marines
20:55 Chainlink is the missing piece
21:56 Community needs to see you do the work
22:51 Where is Chainlink heading in the future?
26:18 Importance of supporting DeFi
27:11 Challenges for Chainlink
27:58 Short vs long-term developer needs
29:06 Growth of Chainlink
30:12 Thank you
30:51 Closing comments from Johann
32:02 Work, don't pay attention to the noise