On this episode of FYI, hosts Nemo Marjanovic and Charles Roberts speak with Professor Dr. Michael Snyder, a leading figure in genomics and personalized medicine. The discussion traverses Snyder's work in genomics, systems biology, and the utilization of wearables for health monitoring. Professor Snyder outlines the potential of comprehensive multiomics analysis and artificial intelligence (AI) in predicting and preventing diseases, emphasizing the integration of lifestyle modifications and technology in extending human longevity. The conversation also covers the challenges and future directions of personalized medicine, offering insights into remote monitoring, longitudinal health tracking, and the critical role of data in transforming healthcare from reactive to proactive. "Wearables...measuring you 24/7...We realized they're pretty powerful health monitors...and they'll measure way more than that...seeing shifts. We put too much emphasis on absolute value." -@SnyderShotKey Points From This Episode: Professor Snyder's journey into genomics and the inception of systems biology Genomics in medicine: predictive and preventive care The role of AI and machine learning (ML) in unraveling complex genetic diseases Leveraging wearables for continuous health monitoring and disease prediction The importance of longitudinal data in understanding individual health trajectories Remote monitoring and micro-sampling: the future of healthcare Impact of lifestyle choices on health and disease prevention The potential of the human cell atlas and spatial methods in pathology Challenges of integrating comprehensive omics data into clinical practice The vision for a future where healthcare is personalized, predictive, and preventive

We are one step closer to Mars! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Research Associate Lorenzo Valente to discuss Ethereum's new Dencun upgrade as well as the recent launch of the SpaceX Starship. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Ethereum's Dencun upgrade SpaceX Starship launch For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On this episode of "For Your Innovation," we engage with Don Burnette, founder and CEO of Kodiak Robotics, to explore their journey and aspirations of autonomous trucking. With insights into Kodiak's unique approach to overcoming the industry's challenges, the episode delves into the technological advancements and strategic partnerships that propel the company forward. Emphasizing proprietary data's pivotal role and innovative strategies for safety and redundancy, the conversation sheds light on how Kodiak is navigating the future of transportation. This episode offers a glimpse into the readiness of autonomous trucking technology for deployment, potentially starting a new era of efficiency and safety on the roads. "Our trucks can drive almost 24/7, whereas manually driven trucks are limited by hours of service. So, each driver is limited to about 11 hours per day. But on average, trucks are only moving in a useful way for about seven hours per day. So, the trucks are very underutilized today and we can nearly triple that asset utilization, which allows the companies to effectively triple their revenues. For the same number of assets, right?" - @don_burnette Key Points From This Episode: Introduction to Don Burnette and Kodiak Robotics' mission in autonomous trucking The evolution of Don's career from Google to founding Kodiak Robotics Discussion on the importance of proprietary data in advancing autonomous trucking Kodiak's approach to real-time perception over traditional mapping for navigation Highlighting the significance of Kodiak's 2.5 million miles of driverless data The role of partnerships in developing and deploying autonomous trucking solutions The strategic advantage of not relying on predefined maps for route navigation Kodiak's innovative strategies for safety and redundancy in driverless technology The impact of AI advancements on Kodiak's autonomous driving technology Future outlook and the readiness of autonomous trucking technology for deployment

Rivian has resurrected Steve Job's "One More Thing..." This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss the launch of not one, not two, but three new Rivian's as well as Starlink's new direct-to-device service. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Rivian Launches Three New Vehicles Starlink Has a New Direct-to-device Service For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

This episode of FYI features a compelling conversation with former NBA stars turned tech investors Andre Iguodala and Evan Turner. Hosted by ARK CEO and CIO Cathie Wood, the discussion traverses their journey from the basketball court to the boardroom, shedding light on their transition into venture capital. Both guests share insights into the importance of financial literacy, leveraging their sports platform to influence and engage in tech startups, and the significance of mentorship and networking in navigating the venture capital space. Their stories reflect a broader narrative on the convergence of sports, innovation, and entrepreneurship, highlighting how athletes increasingly become pivotal figures in the tech ecosystem. Key Points From This Episode: Early curiosity and intellectual pursuits Transitioning from competitive teammates to lifelong friends and business partners Challenges and stereotypes faced as young professional athletes The journey from the basketball court to the venture capital arena The significance of mentorship and financial literacy in their careers Emphasis on community impact and responsible investment Exploration of tech startups and the value of education in their ventures The role of networking in accessing venture capital opportunities The importance of leveraging their platform for tech engagement Reflections on personal growth and the impact of their investments

Who will win the AI race? This week, Nick and Sam are joined by ARK's Chief Futurist, Brett Winton, as they review current competitors within the AI space and expose some downsides and advantages to various platforms. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: AI is set to dramatically boost worker productivity A discussion around Klarna's new assistant Google faces challenges innovating in the AI space For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Luke Dashjr: Founder and CTO, OCEAN, Core Developer Trey Kelly: Founder, Chairman and CEO, GRIID Steve Barbour: Founder and CEO, Upstream Data John Stefanopolous: Founder, FutureBit Benjamin Yi: Executive Chairman, Riot Platforms Yassine Elmandjra: Director of Digital Assets, ARK Invest Cathie Wood: Founder, CEO and CIO, ARK Invest Rod Roudi: Co-Founder, Bitcoin Park Key Points From This Episode: 00:01:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests 00:08:41 What makes bitcoin so unique and what makes bitcoin mining so essential? 00:18:30 What are mining pools and why do they exist in the first place? 00:27:15 The pace of innovation in bitcoin and bitcoin mining, especially in regard to energy consumption 00:33:54 Why bitcoin mining is at the convergence between energy and money 00:40:49 How bitcoin mining is more about optimizing energy use than it is about earning bitcoin 00:47:21 Exploring why so many questions are asked about the energy consumption of bitcoin 00:54:29 Bitcoin mining may be able to decrease the end balances that energy rate payers are charged 00:59:33 What does the future of bitcoin mining look like? 01:08:01 Bitcoin mining represents massive convergences across industries and the digital and physical worlds Links Mentioned in this Episode: Learn more about Bitcoin Park: bitcoinpark.com

In this episode of For Your Innovation, Ali Urman chats with Ben Lamm, CEO of Colossal, about the groundbreaking venture aimed at resurrecting extinct species, starting with the woolly mammoth. Lamm shares insights into his journey from tech to biotech, highlighting the fusion of artificial intelligence (AI), automation, and genetic editing to challenge the boundaries of science and conservation. He delves into the ecological and scientific ramifications of bringing back extinct species and addresses the technological, regulatory, and ethical challenges faced along the way. Join us as we explore how Colossal is not just redefining de-extinction but also contributing significantly to conservation efforts and genetic research. "I don't have a background in biology. My background is in finance and accounting. And then I've always been passionate about starting businesses. And I've always just been massively curious. And it's funny, my massive curiosity kind of led me to the mammoth" -@federallammKey Points From This Episode: Ben Lamm discusses transitioning from tech entrepreneurship to biotech with Colossal Colossal aims to bring the woolly mammoth back from extinction, inspired by George Church Convergence of AI, automation, and biotech in de-extinction and conservation efforts FormBio: A spin-off providing AI tools for cell and gene therapy, aiding in biotech research The role of computational biology and gene editing in reconstructing extinct species The potential ecological benefits of reintroducing extinct species like the woolly mammoth Colossal's involvement in conservation efforts and genetic rescue, beyond de-extinction Challenges and advancements in xenotransplantation and disease resistance in wildlife Regulatory considerations for biotech innovations in de-extinction and gene editing Lamm's admiration for innovative minds like George Church, breaking barriers in science

Bitcoin has some haters. This week, Associate Portfolio Manager Nick Grous is joined by Research Analyst Andrew Kim and Research Associate David Puell as they discuss Walmart's plans within the connected TV space and the European Central Bank's criticism of Bitcoin. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Walmart Plans to acquire Vizio The European Central Bank criticizes Bitcoin For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

In this episode of For Your Innovation, ARK CEO and CIO Cathie Wood and Fintech Analyst Andrew Kim engage with Anthony Noto, CEO of SoFi, to dive deeply into SoFi's evolution from a student loan refinancing entity to a comprehensive financial services conglomerate. They explore the pivotal role of technology in shaping financial experiences, SoFi's strategic growth initiatives, and its mission to democratize financial services. They illuminate SoFi's innovative approach to integrating services like investment, loan, and savings products on a single platform, emphasizing the vision to empower individuals financially. "Building trust is the only thing standing between us and being the best. We won't stop until we're there." – @anthonynoto Key Points From This Episode: Evolution of financial markets and the impact of technology SoFi's growth from a student loan company to a comprehensive financial platform Role of artificial intelligence (AI) and machine learning (ML) in enhancing customer service and fraud detection SoFi's approach to creating a diversified financial services ecosystem The importance of building trust and brand recognition in the financial sector Launch of alternative investment vehicles on SoFi Invest Exploring why Anthony Noto knew he needed to purchase the rights to a stadium The concept of democratization in financial services and its future implications Galileo's role in SoFi's ecosystem as a technology platform for banking services Anthony Noto's reflections on SoFi's journey and future innovation opportunities

Replay everything you have ever seen, said, or heard with RewindAI. This week, Associate Portfolio Manager Nick Grous is joined by Research Analyst Andrew Kim, and together they interview RewindAI CEO Dan Siroker. In the interview, they discuss RewindAI's unique mission to overcome the limitations of the human mind, and to redefine artificial intelligence assistants. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: RewindAI For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public For more on RewindAI: https://www.rewind.ai/

On this week's edition of FYI we are featuring the February 2, 2024 edition of In The Know. On this edition, ARK CEO and CIO Cathie Wood is joined by ARK Chief Futurist, Brett Winton. Together, they discuss technological convergence, artificial intelligence, and give a sneak peak into this year's Big Ideas Report, which you can download here: https://ark-invest.com/big-ideas-2024 This month we’re again responding to a few requests by supplementing this episode with charts and data to help illustrate ARK’s perspective on and outlook for the global economy. As always, Cathie discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative. Key Points From This Episode Converging Technologies Are Generating A Historic Technological Wave AI Serves As The Central Technology Catalyst AI Is Accelerating Faster Than Forecasters Anticipated Discontinuous Changes In Macroeconomic Growth Are The Norm, Thanks To Technology Technological Innovation Could Be Disruptive Enough To Dominate Global Equity Market Capitalizations The Cost Of Authoring The Written Word Has Collapsed Monetary Policy M2 Money Supply vs. CPI: Year-over-Year Federal Funds Rate vs. YoY Headline CPI Real Federal Funds Target Rate Yield Curve 10 Year Treasury Yield Minus 2 Year New Tenant Rent Index WCI Composite Container Freight Benchmark Rate Global Supply Chain Pressure Index (GSCPI) Bloomberg Commodity Index Metals/Gold Ratio vs. US 10 Year Treasury Bitcoin To Gold Ratio (Log) Investment Grade and High Yield Index Credit Default Swaps

$7 trillion for an AI chip? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Chief Futurist Brett Winton and Multi-Omics Analyst Ali Urman. Together they discuss Sam Altman's plan to raise $7 trillion for an AI chip, and drug pricing. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: $7 Trillion AI Chip Fear and Regulation in AI Drug Pricing For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

A full review of the Apple Vision Pro! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss the new Apple Vision Pro, Meta's VR and AI ambitions and Tesla in ARK's Big Ideas 2024. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Apple Vision Pro Meta's VR and AI Tesla in Big Ideas 2024 For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Senator Cynthia Lummis: Senator, Wyoming Perianne Boring: CEO and Founder, Chamber of Digital Commerce Eric Balchunas: Senior ETF Analyst, Bloomberg Alex Thorn: Head of Research, Galaxy Digital Ophelia Snyder: Co-Founder and President, 21Shares Yassine Elmandjra: Director of Digital Assets, ARK Invest Cathie Wood: Founder, CEO and CIO, ARK Invest Rod Roudi: Co-Founder, Bitcoin Park Key Points From This Episode: 00:00:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests 00:05:01 Cathie sets the stage for what led to the eventual approval of the bitcoin ETF 00:10:34 Why a bitcoin ETF can be a bridge between the traditional financial world and the world of innovation and digital assets 00:17:30 What made the launch of bitcoin ETFs different from any other ETF launch in history 00:19:59 Will the launch of bitcoin ETFs lead to fast tracking policy around digital assets in general? 00:29:11 Senator Lummis outlines the impact Sam Bankman-Fried is still having on digital asset legislation in the Senate 00:38:51 The impact education makes on the cryptocurrency industry as a whole 00:45:20 Why did so many assets flow to bitcoin ETFs in the first few weeks, when bitcoin has existed since 2008 00:55:32 What are some of the trade-offs of using a bitcoin ETF to gain exposure to the asset rather than bitcoin itself 00:57:03 Comparing the impact the Federal Reserve can have on the equity market to how decentralized bitcoin and the Bitcoin network is 01:06:00 Why has bitcoin been so resilient in the face of controversy 01:10:30 How popular will bitcoin ETFs end up being? Links Mentioned in this Episode: Learn more about Bitcoin Park: bitcoinpark.com Parker Lewis book, Gradually Then Suddenly: https://academy.saifedean.com/product/gradually-then-suddenly-hardcover/ Learn more about Senator Cynthia Lummis: https://www.lummis.senate.gov/

On today’s episode of FYI, ARK CEO and CIO Cathie Wood and ARK Advisor Angie Dalton interview Commissioner Caroline Pham from the Commodity Futures Trading Commission (CFTC). The episode explores the intricacies of digital asset regulation and the CFTC's role in overseeing derivatives markets. Commissioner Pham shares her extensive background in both the public and private sectors, touching on the evolution of financial regulations, crypto's impact on traditional markets, and the potential of blockchain technology. Key discussions include the CFTC's bipartisan structure, its approach to crypto regulation, and insights into the interplay between technology, finance, and regulation. This episode provides a unique perspective on the balance between innovation and regulation in the rapidly evolving digital asset landscape. “There's no good version of AI, nor evil. It's just technology, and why not study it and use it and see if you can deploy it if it's going to make sense for you and your clients, your stakeholders, and your investors.” – Commissioner Caroline Pham Key Points From This Episode: Introduction of Commissioner Caroline Pham and her role at the CFTC. Pham's disclaimer clarifying her personal views do not represent the CFTC. Overview of the CFTC's structure and comparison with the SEC. Discussion of the derivatives market and its vast scope. Pham's background, including her work during the financial crisis and with Dodd-Frank Act. Insight into the regulatory treatment of Bitcoin and other cryptocurrencies. Pham's career journey from the public to the private sector, focusing on financial regulation and compliance. Exploration of blockchain technology's potential in various sectors beyond finance. Commissioner Pham highlights the integration of blockchain technology in gaming, focusing on its potential to create new types of in-game economies and digital interactions. The importance of understanding the risks and regulations associated with digital assets. Final thoughts on the future of regulation in the digital asset space.

Let's unpack the latest Tesla Earnings! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Director of Investment Analysis and Institutional Research Tasha Keeney, CFA. Together they discuss Tesla Earnings, and their outlook for the company. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Tesla Earnings For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Addressing common bitcoin myths! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Director of Digital Assets Yassine Elmandjra. Together they discuss some of the common bitcoin myths circulating, especially after Jamie Dimon's comments at Davos and the bitcoin ETF approval. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Debunking bitcoin myths Mr Beast's revenue on X For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Did the Apple Vision Pro flop? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss Rabbit R1, Apple vs. Epic Games court case, and a potential Apple Vision Pro Flop. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. Key Points From This Episode: Rabbit R1 Apple Vs. Epic Games Vision Pro Flop? For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On this episode of FYI, we dive into the intricacies of crypto infrastructure with Konstantin Richter, the CEO and founder of Blockdaemon, and Chris Sharp, Blockdaemon's Chief Technology Officer (CTO). They cover Blockdaemon's journey, highlighting the challenges and opportunities in the early crypto market. Konstantin and Chris share insights into the evolving belief in cryptocurrencies like Bitcoin and Ethereum, reflecting on their growing acceptance in mainstream finance. They then discuss developing Blockdaemon's product suite, transitioning from basic node operations to sophisticated services like staking and Application Programming Interface (API) integrations. The conversation explores the importance of decentralization and multi-party computation in ensuring crypto security, emphasizing Blockdaemon's commitment to robust and reliable infrastructure. Finally, they touch on the diverse regulatory landscapes in Asia, Europe, and the U.S., exploring their impact on the crypto industry and the future possibilities in this rapidly evolving sector. "Not a lot of people saw the benefit of like, ‘Hey, why do I want to pay someone to do something? I can just download some open-source software and run on the server myself’. Even if it's janky, the requirements in the network and expectation around crypto was low enough that people weren't like, ‘Hey, I need to make sure there's instant settlement that my transaction goes through.’” - Konstantin Richter Key Points From This Episode: Origin of Blockdaemon Unique challenges in maintaining and operating crypto infrastructure The importance of multi-party computation in crypto security The evolving belief and adoption of Bitcoin and Ethereum Decentralization and resistance to censorship in crypto Blockdaemon's impact on crypto infrastructure Acquiring a wallet company, Sepior, and its implications Blockdaemon’s product evolution The importance of reliability and distributed computing in crypto networks Perspectives on the evolution of the crypto market