The Third Web #14 - Dawn Of An Ecosystem: Substrate & Polkadot

Published: Jan. 30, 2019, 6 p.m.

Care of DFINITY I was privileged to attend the Web 3 Summit in Berlin last year. While there I interviewed Aeron Buchanan, the Executive Vice President of the Web 3 Foundation and Gavin Wood, Founder of Ethereum, Parity, and the Web 3 Foundation. These guys are two of the individuals that launched the programmable blockchain revolution and these interviews plot a course from the founding of Ethereum to their vision of the decentralized web and give us a trajectory beyond.\nA quick production note. These interviews were filmed in the style of the other filmed interviews on The Third Web, unfortunately the footage was lost to a dead macbook leaving only the audio. As I usually cut myself out of the filmed interviews my contribution is less geared for production. \n\nVisit https://web3.foundation/ , https://www.parity.io/ for more information\n\nAeron Buchanan\nExecutive vice president of Web 3 Foundation\nMasters in Computer science with a focus on engineering at Oxford\nWorked in film\nThen completed a PHD in computer vision\nBecame algorytm designer\n\nTell us about your time at Ethereum\nEthereum was initial exciting\nWent from raising interest to actually delivering and things changed a lot\nAareon ran most of Eth Dev\nVery stressful\n\nWas Ming Chan hard to work with?\nCame later\nEventually delivery of Ethereum was on course.\nA CEO or COO type role was needed.\nEth foundation was not doing much at the time.\nThe plan was to transition EthDev responsibilities to foundation\nAfter a worldwide search Vitalik chose Ming Chan\nAeron transitioned out shortly thereafter\n\nWeb 3 Foundation\nDrives the development and deployment of polkadot.\nParity is building the rust implementation\nThe runtime of polkadot is Parity\u2019s Substrate.\n\nWhat is Web 3?\nWeb 3 is different things to different people.\nTo The Web 3 foundation Web 3 is the deentralized web.\nThe Web 3 foundation aims to map out and build the technologies needed.\n\nThis seems very blockchain focussed\nYes, and polkadot is blockchain platform\nThe blockchain platform part is only part.\nThere needs to be a large number of other components to build the decentralized web\n\nHow do you build decentralised messaging and storage?\nWe are leaving that to others like IPFS.\nProof of replication is something that people who looked at proof of storafge instead of proof of work overlooked.\nWhisper and Secure scuttlebutt are interesting options\nCoordination can happen on the blockchain but messaging on the blockchain is a non-starter.\n\nWhen will all this stuff come together to make ausable platform?\nWe are not yet at a stage of maturity.\nThe technologists building all of this know we are not at the end yet.\nWe started with scripting\nMoved to scalability, reputation, messaging & everything else. We are not yet through the checklist.\nPolkadot takes us 95% of the way to scalability\nThe next one is reputation. No clear solution yet.\n\nWhats the challenge with reputation?\nProposals look at the result rather than the approach.\nReputation is different in different contexts.\nThere must not be an originator. Reputation must be decentralized.\n\nGavin Wood\nFounded Ethereum\nFounded Parity\nFounded Web 3 Foundation\nLead of Polkadot.