Month: April 2024

Franklin Templeton SVP Sandy Kaul shares how to transform the financial industry and democratize access to alternative investments by empowering individuals to benefit from the assets and networks they build.

This episode is sponsored by Consensus 2024 

Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of "Money Reimagined," hosts  Michael Casey and  Sheila Warren interview Sandy Kaul, Senior Vice President and Head of Digital Asset and Industry Advisory Services at Franklin Templeton. They discuss the future of the internet, the role of blockchain and smart contracts in transforming the financial industry, and the potential for tokenization to democratize access to alternative investments. They also explore the concept of the ownership economy and the importance of interoperability in the protocol economy. 

Chapters

00:00 Transforming the Financial Industry

19:18 Democratizing Access to Alternative Investments

28:38 The Rise of the Ownership Economy

35:15 The Protocol Economy: Direct Participation and Rewards

41:26 The Impact of Bitcoin ETFs

Links | 

forbes.com/sandy-kaul 

Franklin Templeton 

Crypto Council for Innovation 

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

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Polygon’s Agglayer aims to address the monolithic vs. modular blockchain debate with a decentralized protocol that allows chains to interact with one another.  

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Polygon Labs CEO Marc Boiron and co-founder Brendan Farmer discussed everything about the AggLayer, a decentralized protocol built by Polygon that enables fast, secure cross-chain interactions and allows different chains to use the same native bridge. This allows users to seamlessly move assets across chains in the AggLayer ecosystem. 

The AggLayer aims to unify blockspace so that it feels like a single chain, improving user experience. Boiron and Farmer also discussed the potential for Layer 2 solutions to scale Ethereum, the benefits of zero-knowledge technology, and the future of Polygon's proof-of-stake chain.

Learn more: What Are Zero-Knowledge Proofs?

Show highlights:

• Background of Brendan and Marc and how they joined Polygon
• A brief description of what Polygon is overall
• What the AggLayer is and how it aims to enable the best of monolithic and modular blockchains
• How Brendan differentiates the AggLayer from its competitors, such as Optimism's Superchain or Cosmos and why he believes that zk-technology is such a game changer
• How the interoperability experience gets better in such a system, according to Marc and Brendan, and what will become possible that's not now
• Which chains can use the AggLayer and how it works to improve security across chains
• The tradeoffs between the various types of zkEVM provers 
• How projects should decide their architecture and when it would make sense to tap the AggLayer
• Why projects should build on the AggLayer, including layer 1s, according to Marc
• How Layer 1s can still join the AggLayer and retain their own consensus and sovereignty 
• Why Polygon believes that zk-technology is the future of blockchain architecture
• Why the Polgyon zkEVM suffered an outage on March 30
• Whether Layer 3s are needed to scale the Ethereum ecosystem
• Why Brendan believes that EigenLayer is not a good fit for rollups to use
• The transition of the Polygon PoS chain to become an Ethereum L2 using the AggLayer
• When EIP-4844/Dencun will go live on Polygon

Thank you to our sponsors!   Polkadot

Guests:

Marc Boiron, CEO of Polygon Labs

Previous appearances on Unchained:

Gary Gensler vs. Crypto: What Will the SEC Attack Next?

The Chopping Block: The SEC Is Attacking Crypto – Will Gary Gensler Succeed?

Brendan Farmer, co-founder of Polygon and co-lead of Polygon Zero

Links

AggLayer

Polygon: Aggregated Blockchains: A New Thesis

More technical Agglayer explainer

CoinDesk: 

Polygon Lands Astar Network as First User of New 'AggLayer’

Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap 

Zaki on the comparisons with Cosmos

zk-Technology

Polygon: Upgrading Every EVM Chain to ZK: Introducing the Type 1 Prover

The different types of ZK-EVMs by Vitalik

Unchained: Why Zero-Knowledge Proofs Are Critical to Ethereum’s Future

Polygon zkEVM

Unchained: Polygon zkEVM Chain Goes Down for 10 Hours

Blockworks: Polygon unpacks zkEVM outage and ‘emergency’ upgrade

Layer 3s

Unchained: Layer 3s Only Exist to Take Value Away From Ethereum: Polygon Labs CEO

0xCygaar on L3s and L2s

Potuz on the benefit of L3s

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Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The leaders of both countries will meet for dinner at the White House tonight. In light of Asia’s changing geopolitics, defence will certainly be high up on the agenda. Somali pirates are wreaking havoc in the Indian Ocean again. What explains their resurgence (8:34)? And, have a listen to what AI can do with music (13:29). 

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Alabama

• Sen. Tuberville demands an impeachment trial of DHS Sec. go forward not tabled
• SoS Wes Allen says failure to meet deadline could take Biden off Nov. ballot
• State lawmaker foresees no passage of gambling legislation this year
• AL House bill expands the state auditors power to recover lost or stolen property
• Post election audit bill has passed full AL House and moves to Senate
• Former Golden Flakes facility in Birmingham purchased for $6M

National

• Gas prices are up by 50% since Joe Biden took office
• Appeals court refuses to delay Hush money trial against Trump in NYC
• GA co defendant with Trump say DA Willis broke law and is racist
• GA congresswoman details betrayal of GOP by House Speaker Johnson
• Washington judge rules gun magazine ban in state is unconstitutional
• NM prosecutors accuse actor Alex Baldwin of bullying on set, leading to death