Who are you and what is your specific role in the organization?
I am Crash Bandicoot who is working on smart contracts for quite a while. I’m in the Geode Team from the very beginning. I joined, while it was just an idea that was fascinating to me even at that time. The reason I am saying “even at that time” is that, together, we put a lot on that idea we discussed for many hours. So my main goal is to develop smart contracts for Geode and make sure the contracts are secure through security analysis and testing the contracts. But also I can say that we are all having an important role in the brainstorming part and finding the best route for Geode to help lots of people.
What was your journey like to get where you are?
I studied computer science and was interested in distributed systems and blockchain technology. I am not like most of the people that are interested in this ecosystem, from the finance part, actually not at all. I love writing code and creating useful applications for others. I like optimizing and automating things.
Before I started writing smart contracts, I worked on some full-stack (including ML) related projects, and I worked on parallel computing. Then I realize that they are all fine, but blockchain technology has a much more promising future and there are many things that can be done to touch other’s lives and revolutionize their habits. So I started working on solidity and smart contracts, I created an NFT marketplace with another team and I was the one writing the smart contract mostly. Then Ice Bear reached out to me out and told me about the idea for Geode Finance, and now we are here I guess.
What is your company doing in the crypto space and what value do they bring to the DeFi ecosystem?
Oh, that’s the thing, we are doing all the hard work for you guys. Let me try to explain it in the most simple way. We are decentralizing the staking process. You can ask Vitalik if we are doing something important or not. You will get your answer from him. Because he is also not really happy with the current situation of the centralized staking solutions on Ethereum. We are creating a system that every protocol can be part of, and let their users benefit from the token that they hodl, although tokens are inside the
protocol. New users can select which protocol to trust to stake their tokens, and they can even swap their staked tokens from our pools and continue staking with another protocol. If you check our roadmap, you can also see, that we are starting from a point that is a much more decentralized position compared to other protocols trying to do staking and we are not stopping, we will be fully decentralized soon. At that point, things will change a lot. You may think that there are banks giving interest in the current situation, but after us, everyone/every shop would be able to act as a bank within a couple of transactions. DAOs will fall in love with our protocol since they won’t need to trust a 3rd party, and users will fall in love because they can easily choose their staking protocol. We believe we will be the bank of love
What about cryptocurrency and the blockchain are you most excited about in the future?
I know it is so obvious to say this but the current system has many holes which create problems with freedom and decision making. And again it is as clear as daylight that blockchain is here to solve those problems and many more. The most exciting thing is, it already proved itself and it will be used more widely. Many “real world” companies will start to integrate blockchain technology with their own system and they will start to act accordingly to what this technology and their followers (which is all of us currently reading this article and will be all humankind soon I guess) are require them: They will be forced to decentralize their decision-making process. I can say that all infrastructure around us is changing and it is forced to change in that way. This is the most exciting thing about the future of our world and blockchain.
Why should the average person be paying attention to cryptocurrencies and the blockchain?
In the late ’90s, people were asking the same question on the internet. Is that clear enough? The background for internet technology was also not new at those times like the blockchain technology is not new right now. Long years of research take us to today, and now we have some really good applications using blockchain technology. Running code on a distributed structure by using blockchain technology is brilliant and cards were redistributed in the game with it. The reason it takes a little more time for everyone to be involved in blockchain and cryptocurrencies compared with internet technology in the late 90s and beginning of the 2000s is because blockchain applications require money most of the time, also, it is changing many things and it is also changing how we transfer money. Do not forget that although the “.com” balloon started in the early 2000s, people started using online payment systems much later. And people started to know blockchain technology with Bitcoin, which is basically allowing you to transfer money from one address to another. That makes people scared again and they are not really looking forward to trying the system since it is kind of scary for them, as the online payment systems. But they get used to it in time and they will get used to this with time also. The world is changing around this technology and like today people are buying many things online, people will use blockchain technology and cryptocurrencies for many things in the near future. That is the reason why
the average person should give attention. To continue living like an average person within 5 to 10 years, because if they don’t give attention, they may have some hard times. We are really at that point to get in that ship that goes to the future world, maybe 1 to 2 years more to get in. Then the others will need to give much more effort to catch up to this ship.
Why should current DeFi investors/users pay attention to what your company is doing?
We are the protocol of the new consensus algorithm. Chains started using the proof of work consensus algorithm as the consensus algorithm. But it has many disadvantages compared with proof of stake. So many chains appeared using different versions of proof of stake. So, the consensus algorithm of chains shifted from PoW to PoS. So we are helping protocols and users to easily and securely use this algorithm in a correct way and also gain money while they are helping the system to work better by using
many nodes to approve transactions. We are helping the chains to be more secure by helping users and protocols to attend the transaction validation process easily. That is the reason DeFi investors and users should pay attention to us, and that is the reason that they are actually giving attention to us.
What is your long-term vision and where do you see Geode Finance in the coming years?
I believe that one of the many reasons I am a part of the Geode Team is because our long-term vision is really similar to each other. As I said before, I believe the world is changing around blockchain technology and decisions will be taken in a decentralized way more and more each day from now on. I want to take a role in this process and Geode Finance is on the same page with me I believe. For now, we are here to make one thing really good, which is decentralizing the staking process for protocols and for all of us. And we can say there are many others doing their one thing really good to change the world. We worked hard and we will continue working hard. I believe Geode Finance will have a key role on many chains for staking and of course, will bring Ethereum 2.0 to a new level with what it will suggest to protocols and users. In a couple of years, we will take our hands from Geode Finance and you will make Geode Finance greater with a decentralized process. So I am asking all of you who are reading this, where would you like to see this amazing protocol in the coming years?
