Lava Network: The crypto breakthrough for data access & RPCs?

In this episode, we chat to Lava Network’s co-founder Yair Cleper and we discuss Lava’s mission to overhaul blockchain RPC infrastructure. 

For those new to the term, RPCs or Remote Procedure Calls are crucial in the blockchain ecosystem. They act as intermediaries, allowing users and developers to interact with a blockchain Network. They are like our access points to blockchains, facilitating transactions and data queries.

Lava Network is based on the premise that the current RPC and data infrastructure is not capable of scaling Ethereum, its rollups and all other chains. They want to switch things up with a decentralized, incentivized network for RPC Providers, making the whole process more reliable, efficient and transparent. To be prepared to achieve this mission, they recently closed a $15 million seed funding round. 

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Timestamps:

00:00 Teaser

02:15 What do you love/hate about crypto?

06:34 What are RPCs?

09:32 Using Lava, Earning Points (SHOWCASE)

15:15 Understanding Lava Network

21:00 Incentivized Public RPCs

25:20 Scoring Quality of Service

28:50 RPC market & pricing

37:20 Yair's Web2 Background

41:40 Specs (SHOWCASE)

48:20 15m USD fundraise

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Links / Additional Material:

Lava Network Website: https://www.lavanet.xyz/ 

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Disclaimer:

TEACHMEDEFI is a provider of entertainment and opinions. We are neither a broker/dealer nor an investment advisor. This is not a service for issuing or receiving financial or investment advice. None of our content constitutes a recommendation – or should be understood as such – to conduct transactions in securities, cryptocurrencies, or crypto-assets, or to engage in any of the investment strategies presented in our discussions or provided content. We do not provide personalized recommendations or views on whether a stock, cryptocurrency, crypto-asset, or investment approach is suitable for the financial needs of a particular individual.