Bitcoin DeFi Has Been Elusive. Can Mysten Labs Bring $1.4 Trillion Onchain?
Adeniyi Abiodun, co-founder and CPO of Mysten Labs, walks through how Hashi works and how it differs from the competition. Can it succeed where others have failed?
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Mysten Labs has announced Hashi, a protocol designed to unlock several financial applications for native Bitcoin in a trust minimized way.
Mysten Labs co-founder Adeniyi Abiodun walks through how Hashi works and how it differs from wrapped Bitcoin tokens and L2s.
He says the protocol is built with institutions in mind, highlighting for one that it does not trigger a tax event like alternatives and also comes with low-premium on-chain Bitcoin denominated insurance.
Listen to find out how Hashi manages these and more.
Will Mysten Labs succeed in unlocking Bitcoin's long-desired $1.4 trillion liquidity?
Guest:
Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs
Links
Unchained:
Sui Blockchain Restored After Six-Hour Outage
Sui-Based Typus Finance Loses $3.4 Million in Hack
Coinbase’s cbBTC Crosses $1 Billion Market Cap, Deploys on Solana
New Bitcoin Liquid Staking Protocols Aim to Replicate Lido’s Success
Kraken Launches Wrapped Bitcoin Token kBTC
Top Wrapped Bitcoin (WBTC) Alternatives You Should Know About
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Why Sui is Skyrocketing: Price Surge & Growing Ecosystem | Adeniyi Abiodun, Mysten Labs
Adeniyi Abiodun is the co-founder of Mysten Labs and a major contributor to the Sui blockchain. In this week’s podcast, he discusses Sui's unique positioning as a "global coordination layer for the internet," emphasizing its decentralized nature and its technical advancements such as parallel execution and the use of the Move programming language. He highlights the expertise of the team behind Sui, their focus on scalability, and the potential for Sui to revolutionize payments and digital asset ownership. Abiodun also addresses challenges like decentralization concerns and outlines future growth areas, including gaming and DeFi.
Chapters
0:00 - Introduction with Adeniyi Abiodun, Co-founder of Mysten Labs
0:42 - What is Sui and how it's different from other L1s
1:50 - Addressing the centralization problem of the internet
3:52 - Scalability and throughput advantages of Sui
5:24 - How Sui solves scalability and throughput challenges
7:31 - Move language: A better approach for Web3 development
10:33 - Object-based model vs account-based model in blockchains
16:00 - Sui token's recent price surge and adoption trends
19:16 - Native USDC launch and its impact on DeFi growth
22:11 - Sui's low latency and fast transaction speeds
33:19 - Expanding Web3 adoption and onboarding billions of users
45:37 - Sui’s vision for the future
This episode was sponsored by:
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