E11 - James Bayly on Indexing Blockchains & Web3 Decentralisation

James Bayly is the COO of SubQuery and onfinality which are basically data service providers focussing on non-EVM chains such as Polkadot and Cosmos. In this conversation we talk about indexing blockchain data and making it available for users and apps to query in a manner that’s cost efficient, quick, and reliable. We also touch on the modern evolution of blockchains, the blockchain trilemma, and creating a Web3 data marketplace.

Timestamps: 00:00 intro 01:45 indexing blockchain data 11:24 opensourcing code 14:13 FTX debacle & boom bust cycles 20:37 SubQuery decentralising data 25:00 tokenised incentives 28:22 reliability & uptime 29:47 onfinality infrastructure 31:30 building in New Zealand 35:24 Polkadot as a 3rd gen blockchain 44:30 blockchain trilemma 48:22 industry groups & legislation 52:23 rapid fire 55:59 fin

Some notes from the show:

• SubQuery 
• onfinality 
• Etherscan 
• Consensys/MetaMask/Infura 
• Coinbase holds 2m bitcoin 
• FTX leaked balance sheet 
• Kimchi premium  
• Mt. Gox 
• Centrality 
• blockchain trilemma with sharding 
• bridge hacks in 2022 

Contact James:

• Twitter https://twitter.com/JamesABayly 
• LinkedIn https://www.linkedin.com/in/james-bayly/ 

Find Jeff:

• Twitter
• LinkedIn 

The BCNZ Pod:

• Website https://podcast.blockchain.org.nz/
• YouTube 
• Apple Podcasts
• Google Podcasts
• Spotify 
• iHeartRadio 

Sponsor:

• The Blockchain New Zealand podcast is brought to you by EasyCrypto

Media & Sponsorship Enquires:

• [e-mail] 

Recorded at blockheight 765227. The BCNZ podcast was founded in 2022 by Jeff Nijsse and Bryan Ventura.