{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/66772e5c3ab268001269e920/693f8da89bb376c45d114cff?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The Internet Plumbers with Richard Shorten of GlobalStake, TWB 30","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/66772e5c3ab268001269e920/1765772464018-ca49140d-5da4-4839-a4e6-2ac691456ee4.jpeg?height=200","description":"<p>This episode hits the full spectrum of blockchain, folks. From the efficacy and need of memecoins to the ever-growing importance of the physical infrastructure layer, Richard Shorten from GlobalStake joined Quile and A-Bomb in a wide-ranging discussion.</p><p><br></p><p><strong>Show Takeaways:</strong></p><ul><li>GlobalStake aims to build a decentralized infrastructure for crypto, moving away from reliance on cloud services.</li><li>They are the tech for big, institutional players. Think ETFs - but down to the infra layer with nodes and validators, and that really bespoke approach to creating a network.</li><li>GlobalStake emphasizes the physical layer of infrastructure and finds it is crucial for the long-term success of crypto.</li><li>Shorten notes that decentralization is important, but there are trade-offs between decentralization and performance: “The physical layer matters.”</li><li>Storage solutions are becoming increasingly critical in the blockchain ecosystem.</li><li>Institutions are starting to recognize the value of crypto beyond just Bitcoin. Shorten believes that meme coins play a role in testing and evolving the crypto ecosystem.</li></ul><p><br></p><p><strong>Richard Shorten | Chief Alchemist</strong></p><p>Rich is the founding partner of venture firm Silvermine Capital and co-founder of GlobalStake. He has been a board member of several internet infrastructure companies, including those listed on each of the NYSE and NASDAQ. Rich is a former attorney at the law firm of Cravath, Swaine and Moore. Rich has taught the National Ski Patrol, but nevertheless skis at reckless speeds. He is also a skilled poker player but is generally eaten alive by the quants who are half his age and play GTO.&nbsp;</p>","author_name":"Daily Crypto News"}