We were joined by Ezaan Mangalji (co-founder, Initia), Jose Macedo (co-founder, Delphi Labs) & Anil Lulla (CEO, Delphi Digital) to discuss the appchain thesis & Initia's incentively aligned ecosystem.
Blockchain architecture is constantly being forced to adapt to new technologies, as well as to meet new demands from users and builders. While the idea of apps building their own chains was first explored by Cosmos, it lacked the support and tooling to see it succeed. Later on, rollups also took the centerstage of Ethereum’s scaling roadmap, but due to their general purpose design, it led to a cannibalistic ecosystem. Initia learned from these 2 models and combined the best of both worlds: it built a full-stack framework for a seamless DevEx from the get-go and, more importantly, it designed its tokenomics in order to ensure maximum incentive alignment for its appchains. While the former decision removed the need for each separate chain to reinvent the wheel and risk ending up ‘a jack of all trades, master of none’, the latter ensured that appchains would not extract value away from the L1.
Topics covered in this episode:
Episode links:
Sponsors:
This episode is hosted by Brian Fabian Crain.