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Jack O’Holleran on The Ethereum Merge, GameFi & SKALE | Ep. 166


In an exclusive interview with cryptonews.com, Jack O’Holleran, Co-Founder of SKALE, talks about the Ethereum merge, the eco-friendliness of ETH 2.0, and current developments in GameFi. 

About Jack O’Holleran

Jack O’Holleran is the Co-Founder of SKALE. Jack’s passion for decentralized systems and blockchain led him to join efforts with Stan Klad-ko to solve the blockchain scalability problem.

Jack is a veteran Silicon Valley technology entrepreneur with a deep background in machine learning/AI technologies and blockchain. His resume includes Co-Founder of Aktana, Co-Founder IncentAlign, and executive positions at Good Technology, and Motorola. His first work with Digital Currencies was in 2008 building a digital currency platform for Enterprise Resource Allocation. He has been an active Cryptocurrency investor and an evangelist for decentralized systems since early 2013.

Jack O’Holleran gave a wide-ranging exclusive interview which you can see below, and we are happy for you to use it for publication provided there is a credit to www.cryptonews.com. 

Highlights Of The Interview

  • The Ethereum Merge; its implications and limitations.
  • Scalability and Multichain; the future of the Ethereum Network is moving towards Layer-2 and Multichain Networks.
  • GameFi – Current developments in the ecosystem and decentralized gaming trends.
  • SKALE’s NFT Visionaries Grant Program.
  • Taking power back from streaming entities.

 

 

 

Full Transcript Of The Interview

Matt Zahab 
Ladies and gentlemen welcome back to the Cryptonews Podcast. We have a recurring guest today. Believe I spoke with this gentleman close to a year ago after meeting his team at NFTNYC perhaps it was I think it was just a little bit after they threw a banger of a party there as well. And now we got him on for round two. Our guest is Jack O’Holleran, the co-founder of SKALE Labs, Silicon Valley tech entrepreneur with a deep background in machine learning and AI tech blockchain, you name it. He’s back. We’re buzzin and super pumped to have him on. Jack. Welcome back to the show my friend.

Jack O’Holleran 
Pleasure to be here. You know, I remember last chat we had a good time Matt we didn’t only Talk Tech, we didn’t only talk crypto, we talked a lot of that. But we had a good jam session. So this will be another fun one. If you’re listening here today. Thank you. Get ready for us to go off road.

Matt Zahab 
I do think you and I we had a good rip in the hot take factory last time definitely went off the rails. But you know, I had a lot of really positive feedback. So fired up to have you on. Your background. Now for the folks who are only listening, whether you’re commuting or doing whatever got your air pods in. Jack has one of the most famous and one of my favorite books Dune behind him. It seems like dune always gets brought up in the cryptocurrency world in the blockchain world tons of similarities. When did you read Dune? How did it hit? You like to remember where you were? And do you see those similarities with dune in the crypto world? 

Jack O’Holleran 
Yeah, I think I think I read Dune back in maybe there’s like this kind of what I started getting into crypto, I think it was like to like the 2013 kind of that phase. I was just, I was like hardcore, like Foundation series. And then I read the Dune series, I just wanted this crazy sci fi kick for a while. And the funny thing was, before that I was all about reading business books, I could only read business books. I felt like hey, I need to, you know, prioritize my career. I’m gonna read business books, learn things. And you know, that was good. But then the other thing is you read sci-fi and that actually like it let your brain go somewhere else and expand your thinking and expand time and think about and so you look at dune this is like I mean, it’s this alternate world and like crazy tech and, you know, non-tech and you know organics and interesting experiences, but it’s things like that, I think help your brain especially if you’re a founder and you need to create things and try to like, see where markets are going. You have to be able to like put your brain in a different place.

Matt Zahab 
Did you by any chance catch the movie that came out last year?

Jack O’Holleran 
Yeah, the movie was actually really good. And the original movie was even good. The books better than both books phenomenally better than the movie but the movie, you know, I thought was a pretty fair, fair effort.

Matt Zahab 
I haven’t seen the film yet. And it’s only and I will it’s 100% it’s on the

Jack O’Holleran 
Tonight. You got it. You got something to do tonight?

Matt Zahab 
I do. I have got plans tonight. But later on this week. Definitely. Well, question for you about do no 1965 Right. I feel like that was a little bit perhaps before sort of Woodstock and psychedelic era, you know, era kind of thing. You think Frank Herbert was buzzing on shrooms, or LSD or something. You name it because like, you don’t I mean, some of these concepts are pretty far fetched. Like I first time I read it, I was like I remember being like wandering to create it. And then I googled that I look more into it. I read the Spark Notes, just to sort of fine tune some of the concepts that perhaps I missed while reading the book, and I haven’t read it since it’s on my to do list. I need to read it again. But I think he was buzzing on psychedelics or anything.

Jack O’Holleran 
You know. I mean, if you think of the whole concept of the like, dust and what happens like, you know, the first time they’re in the I want to expel the but I think there’s no way he could he’d have to probably mushrooms. Yeah, maybe acid was pretty big back then. So. 

Matt Zahab 
Yeah. When was Woodstock was about seven years.

Jack O’Holleran 
What’s that? 

Matt Zahab 
When was Woodstock? 70s 

Jack O’Holleran 
Like, wasn’t it? 69?

Matt Zahab 
Or yeah, 69 Right, right. Okay. Yeah. So right before he was on the come up there. Yeah, crazy. Crazy. Crazy. Crazy. I know we talked a lot about San Fran a little bit about San Fran. Last time you’re on the pot. I’ve still never been to San Fran. I hope hopefully going to Cali and LA and San Fran in October. Is it still as bad as people say it is and my apologies to put your place of living down but like I see I see stuff on Twitter all the time about homeless people running rampant. The needles that human feces on the street. I know it’s again, it’s San Fran to San Fran for a reason. It’s one the most beautiful cities on the planet. Incredible people but is it turning into this sort of almost shithole kind of thing.

Jack O’Holleran 
It had a wave where Are things were really bad here and one of the worst things, he was just so many people, and especially like so many tech people, they’re just because the city has this growth issue. So you can only build certain buildings of a certain height, you can only design certain buildings to house certain amount of people. And so if you have a fixed supply, it’s kind of like a blockchain if you like, it’s like a theory, I’m like, Well, there’s only a certain amount of supply, but there’s so much demand, you’re gonna pay a lot. And so what happened was, is like, there’s just like, not enough places to live there, you’re paying like double the price for this little place. And, then Uber and Lyft are subsidized. There’s so many people that they needed drivers, right. So they just were subsidizing drivers just to be driving around. So it’s just constant traffic, and half the traffic were just empty cars waiting to pick people up. And it was a so there’s this like, kind of like, just friction, and people weren’t happy to spend energy and then there’s a release valve, all these people just left and went to Austin and Miami and New York, and, you know, and country towns and, you know, mountain towns and beach towns, and all of a sudden, like the vibe got a lot better. And so got better number one. And then number two, you know, recently, I think there’s been a dramatic shift and just kind of the approach to you know, I don’t want to say like law and order and crime, but it’s, you know, what was happening before wasn’t working. And there’s been a change and a change in leadership. And, so hey, if you go into the tenderloin, yeah, you’re gonna see some crazy shit.

Matt Zahab 
It’s the same city though. 

Jack O’Holleran 
It’s, uh, you know, there’s but there’s, there’s unbelievable parts of this place. It’s still has its magic. And, I mean, I’m long on San Francisco. And it was nice to see that there were some, you know, just actions taken to say, hey, like, Let’s protect people and clean the place up. And you know, there’s a homeless problem, but it’s not an easy one to solve. You know, it’s a complex problem, but it’s improving, please come visit. Come visit, we’ll grab some beers. We’ll go. You know, we could go to the tenderloin if you want. There’s a killer there. It’s a good spot. But we also have other places and you’ll feel a lot like cleaner and safer.

Matt Zahab 
100% No, Toronto, a lot of people are saying Toronto is turning into San Fran as well. So we’re sort of seeing it firsthand. And it’s interesting. It’s, it’s quite the change to see it happens quite rapidly as well. Yeah. 

Jack O’Holleran 
The thing in California now is that like LA, out San Francisco, San Francisco, San Francisco really quickly in terms of their like, yeah, like, the pics. Yeah. So it’s, you know how crazy things happening here in the world. Right? 

Matt Zahab 
That’s again, that’s Cali for you though, right? It’s if you want to live in one of the sweetest countries, not countries but you know, suite of states and geographical areas and the whole planet like you got to you got to put up with some shit no pun intended. Will I’m sure the weather’s what I don’t eat. I’m not a good Fahrenheit guy. But I’m sure the weather’s 20 something degrees for you. It’s for me, it’s 10 degrees today and freezing and raining. It’s just like, it’s way different. You know?

Jack O’Holleran 
Yeah. And, you know, it’s interesting to just seeing the politics change and shift and nice for you, like I’m, you know, very centrist. And just trying to think logically, I’m not a member of either party. And, and just so like observing this, it’s like this, this, there’s definitely like a pendulum shift happening where people are, I would say, just kind of getting back more towards like, the middle in terms of being logical instead of being whilst emotionally driven towards outcomes. And, and so I think whenever that, like, sometimes those shifts are good, the swings are good, because they help correct bad things and on either side, and then, you know, but the middle seems like where a lot of people are, you know, there’s logic.

Matt Zahab 
100% And that’s, yeah, that’s, that’s another very interesting thing as a Canadian, seeing your guys politics, where it’s like, it’s so polarizing, you know, and I…



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