In the 16th episode of the Web Vision Podcast (https://youtu.be/smOSkyTffDo), hosts Schlomo and Vik welcomed a special guest, Dr. Kathryn Messegee, from Geode Blockchain. Kathryn shared insights into Geode’s unique approach to blockchain technology, its focus on practical applications, and its plans for the future.
Geode Blockchain is creating its own Layer 1 (L1) blockchain, which is the base layer of a blockchain network. Kathryn explained the difference between L1 and Layer 2 (L2) chains, with L1 chains being the base layer (like Bitcoin, Ethereum, and Solana) and L2 chains being extensions of the L1 chain. Geode chose to create an L1 chain to control governance and keep costs low, demonstrating a strategic approach to blockchain development.
What sets Geode apart from other blockchain projects is its focus on practical applications. They have replaced Amazon, LinkedIn, and various social media apps with smart contracts, demonstrating the potential of blockchain technology to disrupt traditional digital platforms. Geode aims to create a new economy with a basic set of utilities, including a coin for transactions, a marketplace for buying and selling, and a platform for finding work.
This vision of a decentralized economy is both ambitious and exciting. Geode is not just about technology; it’s about community. Geode has a connected community and a council that listens to its members. The governance model is based on nominated proof of stake, where anyone with coin has a right to vote. They also use conviction voting, which allows smaller coin holders to amplify their vote by locking up their coins for a longer period. This democratic approach to governance ensures that all members of the community have a voice.
Looking ahead, Geode has big plans for the future. They are in the middle of their first airdrop to grow the community. Kathryn also shared her wishlist for future developments, including replacing Spotify, creating a decentralized exchange, and improving construction permitting.
Geode is open to developers and offers mentorship to those who want to build on their platform, inviting innovation and collaboration.
In conclusion, Katherine invites listeners to join the Geode community via their website and Discord. She emphasizes that Geode is about real people making real connections and creating practical, truly useful apps. Geode Blockchain is not just building a blockchain; it’s building a future where technology serves the people, not the other way around.