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CRYPTO 101

Ep. 638 Layer 1 Sei's State of the Union

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 28 January 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

In this episode of the Crypto 101 podcast, hosts Bryce Paul and Brendan Veman welcome Jay Jog, co-founder of Sei Labs. They discuss the evolution of the crypto landscape, the genesis of Sei Labs, and the impact of the GameStop saga on the crypto community. Jay shares his early experiences in crypto, his time at Robinhood, and the challenges faced in launching a new layer 1 blockchain. The conversation also explores the importance of decentralization, the future of stablecoins, and the role of the EVM in the crypto ecosystem. In this conversation, Jay from Sei Labs discusses the evolving landscape of blockchain technology, emphasizing the importance of legitimacy and regulation in the crypto space. He highlights the need for high-performance blockchains to support sophisticated financial instruments and the role of community in building successful projects. The discussion also covers the upcoming Giga upgrade, which aims to significantly enhance the scalability of the Sei network, enabling new types of applications.


Chapters


00:00 Introduction 

01:36 The Genesis of Sei Labs

03:40 Early Experiences in Crypto and Robinhood

08:30 The Impact of the GameStop Saga

11:33 Decentralization and Self-Ownership

12:12 Sei Network: A New Blockchain Paradigm

15:21 Challenges in Launching a Layer 1 Blockchain

18:48 The Future of Layer 1s and Stablecoins

23:00 The Future of Blockchain and Exchanges

26:04 Legitimacy and Regulation in Crypto

31:52 Technical Differentiation in Crypto

35:27 Building a Thriving Community

39:58 The Giga Upgrade and Its Implications


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Transcript

Click on a timestamp to play from that location

0:00.0

All right, everybody, welcome back to another episode of the Crypto 101 podcast.

0:15.1

I'm your co-host, Bryce, as always joined by my good buddy, Mr. Brendan Veman.

0:20.0

Brendan, how are you doing, my man?

0:22.6

Bryce, I'm doing good. It's a great time to be in crypto. And, you know, we've had a lot of

0:28.6

requests for this very project. I've seen the chatter in the community. So I think everyone's

0:34.6

going to be really excited for what we got in store. Yeah, this is a really exciting episode.

0:40.3

We're bringing on the co-founder of Say Labs, Jay J-Jogue.

0:44.6

Jay, how are you doing today?

0:47.2

Life is good, guys.

0:48.5

It's been a past few months have been incredible.

0:51.4

I would say chaotic in many ways, but things are good.

0:53.8

And thank you so much

0:54.6

for having me on, guys. Awesome. Yeah. Chaotic. I hope, yeah, like you said, in a good way. Hopefully,

1:00.0

with just with the business and with growing, but everything personally, two thumbs up. You had a

1:04.4

good holiday and all that? Oh, yeah. Holidays are great. I'm actually in SF right now, and I haven't been in SF for a while. And it's,

1:11.3

it's crazy just to see how the city is coming back to life right now. So, yeah, I've been a past

1:16.5

week as well over here. That's really good to hear. Yeah, things have been pretty dismal over

1:21.4

there for the past couple years, which is sad, because it used to be such a bright light, a beacon of hope, and it's good to hear

1:28.1

the boots on the ground. You're over there. Things are looking brighter. Yeah. So we actually got

1:33.1

started with say back in SF. And I think at that time it was kind of reaching its like pico bottom.

1:38.0

So I remember 2021, it was kind of nice. And then it just progressively became worse and worse. So

1:41.9

nice to be back here in the way.

...

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