Solving Crypto's Onboarding Problem | Arianna Simpson, Riyaz & Nass (Bastion's Founders)
Arianna Simpson, Riyaz Faizullabhoy and Nass Eddequiouaq join us to discuss how crypto needs to shift its focus back to the user experience. We cover crypto's friction points, the application vs infrastructure phase, how Bastion can enable simple onboarding and a Web2-like user experience, crypto's misplaced defaults, over-indexing on decentralization and more!
(00:26) What Problem Is Bastion Solving?
(06:57) Have We Over-Indexed on Decentralization?
(10:04) Building Infrastructure vs Consumer-Facing Products
(14:26) How Transaction Routing Works
(18:18) Why Should Consumers Care?
(21:49) Unique Use Cases Enabled by Web3
(28:24) The Infrastructure vs Application Phase
(30:34) Will Users Self-Custody in the Future?
(32:00) How Crypto Can Rebuild Trust
(35:54) Interoperability and Bridge Risk
(40:38) How Developers Choose Where to Build
(44:34) Crypto's Misplaced Defaults
(49:36) The Insane Challenge of NFT Projects
Follow Arianna: https://twitter.com/AriannaSimpson
Follow Nass: https://twitter.com/nassyweazy
Follow Riyaz: https://twitter.com/riyazdf
Follow Mert: https://twitter.com/0xMert_
Follow Garrett: https://twitter.com/GarrettHarper_
Follow Lightspeed: https://twitter.com/Lightspeedpodhq
Subscribe on YouTube: https://bit.ly/43o3Syk
Subscribe on Apple: https://apple.co/3OhiXgV
Subscribe on Spotify: https://spoti.fi/3OkF7PD
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
Lightspeed was kickstarted by a grant from the Solana Foundation.
Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.