99% of Web3 Is Broken | Co-Founder of Quai Network | DROPS E31

Описание: In this episode of Drops, I sit down with Karl Kreder, co-founder of Quai Network, who has been in crypto since 2012.

He believes 99% of what exists today has abandoned the original cypherpunk ethos.

Karl previously worked at ConsenSys and has spent over a decade working on self-custody, hardware wallets, and scalable proof-of-work systems.

This is a sponsored Episode.

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FOLLOW QUAI NETWORK 👇

Twitter (X): https://x.com/quainetwork
Discord:   / discord  
Website: https://qu.ai/

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FOLLOW KEVIN & WHEN SHIFT HAPPENS 👇

Twitter (X): https://x.com/KevinWSHPod
Instagram:   / kevinfollonier_  
TikTok:   / kevinfollonier_  
LinkedIn:   / kevinfollonier  

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DISCLAIMER:
The information contained herein is for informational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The content of this video reflects solely the opinions of the speakers, who are not licensed financial advisors or registered investment advisors. Trading cryptocurrencies involves considerable risk of loss. The speakers do not guarantee any particular outcome.

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TIMESTAMPS:
0:00 - Introduction
1:07 - Welcome to DROPS
1:47 - Crypto in 2026
3:26 - Fixing Bad Crypto
5:29 - Who is Karl Kreder?
6:20 - Scalability of Blockchain
10:23 - Fix the money, Fix the world
12:14 - Journey in ConsenSys
15:02 - Credit Cards vs Crypto
19:38 - What is Quai?
22:10 - Energy Dollar
24:47 - Money is energy
29:47 - Proof of Work (PoW) still matters
32:34 - Proof of Entropy Minima (PoEM)
37:00 - Rocket Chips
38:45 - Problem with Quai
41:43 - Why Hash rate matters
45:01 - SOAP upgrade
46:48 - End goal of Quai
51:18 - Conclusion