Cross-Chain Swaps w/ THORchain's Chad Barraford
In this episode of The Pomp Podcast, Anthony Pompliano interviews Chad Barraford, a software engineer and the Technical Lead for THORchain. They discuss THORchain, how it works, why cross-chain swaps are important, how ShapeShift adopted the system, and what the impact on DeFi will be.
00:00 - Intro
00:44 - Problem that Thorchain solves
01:48 - Problem with centralization
03:26 - Stablecoins as a unit of account
05:05 - What is Thorchain?
05:50 - How does Thorchain work?
07:35 - How is Thorchain built and maintained?
08:36 - Adavantages of Thorchain
10:15 - Average yield
11:57 - Uniswap vs Thorchain
14:05 - Importance of Shapeshift adoption
16:41 - Thorchain nodes
19:09 - Rune
24:15 - Biggest surprise from working on Thorchain
25:17 - Benefits of a cross-chain swap
27:58 - Most important book
28:29 - Sleep habits
29:15 - Aliens
31:46 - Question for Pomp
The episode aired on April 22, 2021.