Why Interoperability Is Everything | Derek Yoo, Purestake & Moonbeam

Why is interoperability essential for blockchain protocols? What is Moonbeam? Why is it unique? What stops the mass adoption of crypto? I sat down with Derek Yoo, CEO of Purestake, the company behind Moonbeam network, an Ethereum-compatible smart contract parachain on Polkadot. We discussed what’s going on with all layer zeroes and ones, and why crypto needs interoperability.

Derek Yoo: https://twitter.com/derekyoo

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Timestamps:

0:00 Intro

1:00 What is Moonbeam

3:43 Bitget ad

4:40 Interoperability

6:20 Wy Moonbeam is unique?

10:00 Are protocols competitors or partners?

13:05 The biggest obstacle to crypto adoption

14:25 The most exciting thing built on Moonbeam

15:20 Blockchain gaming

16:10 Vision for Moonbeam

18:40 Decentralization issues

20:00 Web3

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.