NFTs are Cute, Chia's Plans are Revolutionizing the Future of Finance

The Third Coin

In NFTs are Cute, Chia's Plans are Revolutionizing the Future of Finance, the 7th Episode in Season 2 of The Third Coin Podcast we discuss the plans that the Chia organization has announced in their Ask My Anything September 2021 Zoom call.

In this discussion, we listen to 3 separate recordings from the Chia Leadership team where they talk about some missing functionalities in the Cryptocurrency world and their plans to develop solutions to handle these discrepancies.

We will be shedding some light on Clawbacks, Rate Limiting, and other elements of the custody of cryptocurrency and how they can and will be solved using Datalayer and the release of additional real-world wallet functions that will allow for mainstream use by more of the general public.

If you would like to listen to the full recordings of the excerpts in this show, here are the links.

https://twitter.com/i/spaces/1mnGedVoqmAKX

https://www.youtube.com/watch?v=U8wT5rN5AZc&feature=youtu.be

https://www.youtube.com/watch?app=desktop&v=9GEu_O00qX4

Here is the summary of the show with links to the different chapters.

(00:01:05) Grant introduces the topics of today's show

(00:04:58) Excerpt from the Twitter Recording https://twitter.com/i/spaces/1mnGedVoqmAKX where Gene Hoffman talks about some needed functionality.

(00:07:45) We introduce the ideas of Rate Limits and Clawbacks in Crypto

(00:12:46) Examples of Custody and why they are important

(00:15:20) Intro to Datalayer and custody

(00:15:35) Gene about Datalayer https://m.youtube.com/watch?v=9GEu_O00qX4

(00:16:28) Bram Cohen on what Datalayer will do https://twitter.com/i/spaces/1mnGedVoqmAKX

(00:16:52) How Datalayer, custody, clawbacks, and rate-limiting all intertwine

(00:18:39) Grant introduces the Chia Network Roadmap for 2021 and 2022

(00:19:23) No NFT work is announced at all

(00:19:25) The reiteration of how the Chia Roadmap is well defined and its focus is solely on FinTech related development

(00:20:25) Paul Hainsworth drives home the fact that Chia development is all about financial solutions. https://youtu.be/U8wT5rN5AZc

That wraps up today's episode.

Thank you for checking out our video. #chia #chiacoin

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The YouTube channel is at:

https://www.youtube.com/channel/UCucCMrtXlTMR8Vjd3d-ozFQ

The hosts of The Third Coin Podcast are:

Dan Mueller - crypto veteran

https://mobile.twitter.com/dishmandan

Grant Cermak - Crypto Guru, programmer, and founder of www.irulast.com

https://mobile.twitter.com/grantosan

https://mobile.twitter.com/CoinTheThird

and

Lewis May - marketer, rally race car owner, and co-driver

https://hammersportmarketing.com/