This episode of the #citizenweb3 podcast features Alexei Zamyatin, Co-Founder of Interlay, a modular, programmable layer between Bitcoin and the multi-chain ecosystem that unlocks novel decentralized use cases for BTC.

Interlay utilizes an already operational, decentralized bridge to connect Bitcoin with a lending protocol and AMM decentralized exchange, enabling Bitcoin holders to access basic financial services without relying on centralized exchanges

We spoke to Alexei about Interlay and:

• Payment channels


• Who pays the price for decentralization?


• The perfect storm leading to a death spiral


• Death Spirals


• How do we build trustless bridges?


• Economic interests and tribalism


• Economic vs statistical security


• Profits at the expense of the good of the people


• Centralized power corrupts


• Does full decentralization exist?


• One coin to rule them all


• Imposter Syndrome


• Early cross chain communication


• Domain name squatting


• Weak links in centralized systems


• Should I build, just because I can?


• Hostile governance attacks.


• Academia and research as a launch pad for a successful project


• Academia vs field work


• The need for Altruism in web3


• Solving a problem is a good place to start


• Thesis topics as a gateway to Bitcoin


• Risks of relying on bridges


• Failures of bridges wiping out entire ecosystems


• The importance of community in decentralization


• Ethical questions around building


• Ethical implications of breakthroughs


• Differences between native and wrapped tokens


• Diminishing trust in institutions


• The future of bridging


• Computer Science as a way to be a creative


• Analysis and effects of merge mining

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Special Guest: Alexei Zamyatin.

Links:

• Axelar
• Binance
• Bitcoin
• ChatGPT4
• Cosmos
• Ethereum
• Evmos
• FTX
• Gravity
• Interlay
• Lightning
• Luna
• Moonbeam
• Namecoin
• Neutron
• Paradigm
• Polkadot
• Silkroad
• Tor
• Vitalic