The Web3 Puzzle: Decoding Scammers, Web3 lending, and Scalability with Chad Barraford

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About this Episode


This episode of the #citizenweb3 podcast features Chad Barraford A Core Dev from THORchain a decentralized cross-chain liquidity protocol that allows users to swap assets between blockchain networks. THORChain is a settlement layer that facilitates swaps between Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, Litecoin.


We spoke to Chad about THORchain and:
  • Early AI and their uses
  • Crypto as a vehicle for furthering human rights and empowering the people.
  • A 10-hour work week
  • Problem solving in computational science.
  • The birth of THORChain from a hackathon
  • Identifying and solving hair on fire problems.
  • Unique Web3 lending
  • Shifting the Web3 lending paradigm
  • The Origins of The Twitter Spam Assassin
  • The importance of separating money from state
  • Defining a scammer in Web3
  • Challenges around scalability
  • Learning through a freedom of exploration and building on past failures
  • When does a Defi design become too dangerous?
  • The imperative of the Crypto community to explore.
  • Honesty as a lynchpin of ethical development.
  • Bare metal for security
  • Evolution of automobiles and protocols
  • Tax mistakes

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