#116 - Chainlens Spaces: Turbocharging Web3 with Incentivised and Decentralised RPC

02 Dec 2024 • 26 min • EN
26 min
00:00
26:44
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In this episode, Conor speaks with Yair Cleper of the Lava Network, about the critical role decentralised infrastructure plays in enabling the scalability and reliability of Web3 applications. Yair shares Lava’s vision for creating a decentralised RPC marketplace that ensures high performance, data reliability, and cost efficiency through incentivised participation. The discussion covers Lava’s approach to aligning incentives for node operators and developers, its rapid adoption across 40+ blockchains, and the potential for decentralised RPCs to reshape the infrastructure layer for Web3 and beyond. Episode Highlights Decentralised Infrastructure in Web3: Yair explains why centralised solutions are ill-suited for Web3 and AI, underscoring the scalability and reliability benefits of decentralised RPC systems. The Vision for Lava Network: Lava Network is building a decentralised marketplace that aligns incentives for data providers while maintaining quality through metrics like uptime, speed, and reliability. Incentive Mechanisms Driving Decentralised RPC: Yair discusses how Lava rewards node operators for high-quality service while penalising bad actors through a staking and slashing mechanism. Rapid Adoption and Use Cases: Lava has already achieved over 80 billion monthly RPC requests and serves 2.3 million users across 40+ blockchains, becoming a key enabler for multi-chain DApps. Expanding Beyond RPC Services: The conversation highlights Lava’s plans to extend into other data primitives, such as subgraphs and AI data marketplaces, building a broader ecosystem for decentralised data access. Key Quotes from Yair  "We believe centralised solutions can’t keep up with the scalability and reliability demands of Web3 and AI." "Lava creates a decentralised marketplace where data providers monetise their infrastructure while maintaining trust and quality." "By using a staking mechanism, we incentivise honest behaviour and ensure that bad actors lose their stake if they don’t meet quality standards." "Decentralised RPC systems give developers a simple, resilient infrastructure layer, eliminating the need for redundant, in-house solutions." "The community-driven incentive model transforms infrastructure budgets into marketing for the ecosystem, benefiting everyone involved." Connect with Yair and the Lava Network Yair Cleper - X Lava Network - X Lava Network - https://www.lavanet.xyz Connect with Us Join the Web3 Innovators community and engage with like-minded individuals passionate about the potential of blockchain technology. Contact Chainlens: Twitter | Discord | Telegram Explore Chainlens Email Chainlens Contact Web3 Labs: Twitter | LinkedIn | Instagram | Facebook | Discord | Tiktok Explore Web3 Labs Email Web3 Labs

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