Solfate Podcast - Interviews with blockchain founders/builders on Solana Nick and James

A conversation with Andriy, the founder of AllBridge, a cross-chain bridging protocol that uses stable coins.
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Full show notes: solfate.com/podcast/49
Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :)
Notes from the show
Andriy, the co-founder of AllBridge, discusses his background and transition into the crypto space. He shares the early days of AllBridge and its role in bridging stable coin assets between different chains, particularly on Solana. He explains the architecture of AllBridge and the transition from the common “mint and burn” model to the current liquidity pools. 

Andriy also discusses the future plans for AllBridge, including the potential introduction of governance and partnerships with other protocols. He provides insights into the user flow and technical process of bridging, as well as the returns and risks associated with liquidity pools. Lastly, he talks about the integration with Phantom and the role of bridge aggregators in the ecosystem. 

The conversation with Andriy from AllBridge focused on the importance of collaboration over competition in the blockchain industry. Andriy emphasized the need to work together with other companies to provide better solutions for users. He shared an example of how AllBridge partnered with Wormhole to offer a more convenient cross-chain solution. Additionally, Andriy discussed the potential for B2B solutions in the future, where protocols can leverage AllBridge’s infrastructure for liquidity transfers. He also highlighted the importance of informed decision-making and transparency in the crypto ecosystem.
Takeaways
AllBridge is a bridge protocol that facilitates the transfer of assets between different chains, with a focus on stable coins.The architecture of AllBridge has evolved from mint and burn models to liquidity pools, which provide a more efficient and user-friendly experience.The returns and risks associated with liquidity pools depend on factors such as the amount of liquidity in the pool and the volume of transactions.Allbridge is actively exploring partnerships and integrations with other protocols, and there are plans to introduce governance mechanisms in the future.The integration with Phantom and the use of a bridge aggregator like Li-Fi have expanded the accessibility and options for users. Collaboration with competitors can lead to better solutions for users.B2B solutions for cross-chain protocols could be the future of bridges.Informed decision-making is crucial when participating in liquidity pools.Transparency and openness are essential for building trust in the crypto ecosystem.Find Andriy and AllBridge online
Follow Andriy on twitter - @avelykyyCheckout the AllBridge website - allbridge.io
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Nick
twitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJames
twitter: @jamesrp13github: github.com/jamesrp13Solfate Podcast
twitter: @SolfatePodmore podcast episodes: solfate.com/podcast

A conversation with Matty, the co-founder of Colosseum and former Head of Growth at the Solana Foundation.
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Full show notes: solfate.com/podcast/48
Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :)
Notes from the show
In this conversation, Nick and Matty discuss the Solana Global Hackathons and the launch of Colosseum. Matty shares his background in crypto and how he got involved with the Solana ecosystem, starting at Solana Labs and then to Solana Foundation.

They explore the unique structure of the Solana Global Hackathons, which focus on driving long-term sustainable startups in the ecosystem. Matty explains the decision to leave the Solana Foundation and start Colosseum as an independent organization to build a product specifically catered to running hackathons.

Nick and Matty Tay discuss the Colosseum accelerator program and venture fund, which invests in the top teams from the hackathons. Matty covers the terms and requirements for Colosseum funding, including the 7% equity stake and the remote nature of the accelerator program. They also highlight the value of the network and mentors provided by Colosseum. Matty Tay explains the importance of having a
strong idea and a well-structured pitch in order to win a Colosseum hackathon. He also shares tips for creating a compelling submission video. Finally, they discuss their excitement for projects that utilize token extensions and open up new markets in the ecosystem.
Takeaways
The Solana Global Hackathons are structured to drive long-term sustainable startups in the ecosystem.Colosseum was launched as an independent organization to build a product specifically catered to running hackathons.The Colosseum accelerator program and venture fund invest in the top teams from the hackathons.The Solana Foundation aims to enable other organizations in the ecosystem to take over initiatives and build products. Coliseum offers $250K for 7% equity stake in a remote accelerator program.The program provides access to a network of mentors and connections through the Solana Foundation.Winning a Coliseum hackathon requires a strong idea, a well-structured pitch, and a demo that showcases the chosen features.Submission videos should be concise, under three minutes, and include team background, product description, market potential, traction, and a demo.Find Matty and Colosseum online
Follow Matty on twitter - @mattytayVisit the Colosseum website - colosseum.org
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Nick
twitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJames
twitter: @jamesrp13github: github.com/jamesrp13Solfate Podcast
twitter: @SolfatePodmore podcast episodes: solfate.com/podcast

A conversation with Toly, the co-founder of Solana Labs and the Solana blockchain.
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Full show notes: solfate.com/podcast/47
Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :)
Notes from the show
In this conversation, Toly discusses various topics about Solana and his personal experiences. The main themes covered include the next technical hurdle for Solana with asynchronous execution, balancing family and work, growing up in the post-Soviet Union, Toly's stress-seeking, the emotional impact of Solana's journey, working relationship with Raj, the importance of marketing and community, career vs. personal pursuits, and so much more.
Takeaways
Solana's next technical hurdle is asynchronous execution.Balancing family and work is a personal challenge for founders.Growing up in the post-Soviet Union has influenced Toly's perspective.Stress-seeking activities can foster team building and camaraderie.Find Toly and Solana online
Follow Toly on twitter - @aeyakovenkoVisit the Solana Lab's website - solanalabs.com
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Nick
twitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJames
twitter: @jamesrp13github: github.com/jamesrp13Solfate Podcast
twitter: @SolfatePodmore podcast episodes: solfate.com/podcast

A conversation with Nico, the co-founder of Elusiv.
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Full show notes: solfate.com/podcast/46
Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :)
Notes from the show
Elusiv is a privacy protocol built on Solana that allows users to conduct private transactions while remaining compliant. The transaction fees for using Elusiv are relatively low, making it an affordable option. The combination of privacy and compliance makes Elusiv a valuable tool for individuals and businesses.
In this conversation, Nico shares his crypto origin story and how he transitioned to working on Elusiv, a privacy solution for blockchain. He explains the concept of zero-knowledge technology and how Elusiv incorporates compliance into its privacy solution. The technical details of Elusiv's privacy solution, including the role of Warden nodes and homomorphic encryption, are discussed. The incentive mechanism for running Warden nodes and the cost and fees associated with using Elusiv are also covered.
Takeaways
Elusiv is a privacy solution for blockchain that incorporates compliance.Zero knowledge technology allows for privacy on the blockchain by proving transactions without revealing sensitive information.Elusiv uses a network of Warden nodes to decrypt transactions in a privacy-preserving manner.The incentive mechanism for running Warden nodes is based on fees paid by users of the Elusiv network.Elusiv provides a privacy solution for conducting transactions on Solana while complying with government regulations.Transaction fees for using Elusiv are relatively low, making it an affordable option for users.Upcoming ZK updates on Solana will enable more use cases and integration with other applications.Find Nico and Elusiv online
Follow Nico on twitter - @cryptopapi997Visit the Elusiv's website - Elusiv.io
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Nick
twitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJames
twitter: @jamesrp13github: github.com/jamesrp13Solfate Podcast
twitter: @SolfatePodmore podcast episodes: solfate.com/podcast

A conversation with Rishi, the CEO and Founder of Mycelium Network
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Full show notes: solfate.com/podcast/45
Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :)
Notes from the show
The conversation covers the background and journey of Rishi in the crypto and DePin space, specifically focusing on the Helium IoT network. They discuss the concept of decentralization and the efficiency of the IoT network compared to traditional networks. Rishi explains the business model of Mycelium Networks and how they earn rewards through their infrastructure. They also highlight the importance of the testbed and attracting users to test and develop new use cases on their network.
This conversation with Rishi from Mycelium covered various topics related to expanding the physical nodes for coverage, challenges in conversations with property owners, the unique host network model, shielding hosts from crypto volatility, the innovative approach to host acquisition, the importance of increasing options in the test bed, the significance of Solana for DePIN, and the inspiration to get involved with DePIN.
Takeaways
DePIN focuses on expanding physical nodes to ensure coverage.Conversations with property owners require addressing their concerns and finding solutions that meet their needs.DePIN uses a unique host network model that provides stability and a clear expectation of monthly payments.The host network is shielded from crypto volatility, allowing hosts to receive a flat monthly fee in US dollars.DePIN's innovative approach to host acquisition has been successful in growing their network.Increasing options in the test bed is crucial for DePIN's continued growth.Solana plays a significant role in the success of DePIN and the DePIN industry.James is super inspired by Rishi and Mycelium to get more involved with DePIN and explore its possibilities.
Find Rishi and Mycelium online
Follow Rishi on twitter - @rishirmittalVisit the Mycelium's website - MyceliumNetworks.com
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Nick
twitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJames
twitter: @jamesrp13github: github.com/jamesrp13Solfate Podcast
twitter: @SolfatePodmore podcast episodes: solfate.com/podcast

A conversation with Brandon M, the CEO and co-founder of Phantom, and David Wu, Head of Growth at Phantom.
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Full show notes: solfate.com/podcast/44
Follow the @SolfatePod show on Twitter for updates. Thanks for listening frens :)
Notes from the show
In this conversation, the CEO and co-founder of Phantom Wallet, Brandon M, discusses the origin story, their approach to product decision-making, and the future of wallet technology. He emphasizes the importance of user-centric design and the role of wallets in driving ecosystem growth.
The team also addresses the challenges of scaling a startup and navigating online controversies. They discuss the potential for open-sourcing parts of Phantom in the future. We discuss Phantom's approach to multi-chain support and belief in a future where wallets abstract away the complexities of different chains. The conversation highlights the company's focus on user experience and their gratitude for being part of the Solana ecosystem. 
Takeaways
Phantom is a user-centric wallet that aims to provide users a seamless and secure experience.The founders of Phantom have backgrounds in mobile development and design, which has influenced the wallet's user-friendly interface.Phantom is focused on becoming a platform for developers and businesses to grow and engage with users in the Solana ecosystem.The team at Phantom takes user feedback and data-driven insights into account when making product decisions.While there may be different niches and use cases for wallets, Phantom aims to be the best initial touchpoint and usage point for users in the Solana ecosystem.Phantom is considering open-sourcing certain parts of the wallet, such as key management while prioritizing security and user experience.Multi-chain support is a key focus for Phantom Wallet, with a goal of supporting chains that complement their existing user base.The vision for a multi-chain future involves abstracting away the complexities of different chains.Phantom Wallet prioritizes user experience and aims to predict and provide features that users enjoy.
Find Brandon, David, and Phantom online
Follow Brandon on twitter - @BChillmanFollow David on twitter - @itsdavidwuVisit the Phantom's website - phantom.app
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Nick
twitter: @nickfrostygithub: github.com/nickfrostywebsite: https://nick.afJames
twitter: @jamesrp13github: github.com/jamesrp13Solfate Podcast
twitter: @SolfatePodmore podcast episodes: solfate.com/podcast