THEMELIO: A New Blockchain Class, Why LUNA Failed (Founder Eric T.)
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THEMELIO: A New Blockchain Class, Why LUNA Failed (Founder Eric T.)
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Themelio is a proof-of-stake blockchain with a completely original non-fiat-pegged proof-of-work "stablecoin." It could be said that Themelio debuts an entirely new blockchain class with its governanceless architecture and innovative design choices.
In this episode, Eric Tung, Themelio's Founder and CEO, exposes the causes for the recent stablecoin-related events, what stablecoins should be like, and Themelio's value proposition.
Table of Contents:
0:00:00 What is Themelio?
0:06:18 De-pegging — a feature, not a bug.
0:14:05 Is USDC a liability for DAI?
0:15:33 Use cases for MEL
0:20:58 Themelio's auditor nodes and "defaulting to chaos"
0:26:29 Marketing a completely new blockchain class
0:29:42 Tokenomics & determining the value of a Layer 1
0:33:45 Building a community
0:35:21 Themelio vs Bitcoin
0:39:59 Stablecoins and collateralization
0:43:10 Updates about Themelio's development
0:44:51 Should you be able to run a full node on your phone?
0:47:07 Proof of Stake vs ASIC mining
0:49:39 How is Themelio different from smart-contract blockchains
0:53:50 Outro
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