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Rating
4.9from
This podcast has
179 episodes
Language
EnglishPublisher
Austin FederaExplicit
No
Date created
2019/08/13
Latest episode
2026/09/22
Average duration
52 min.
Release period
22 days
Description
When it comes to blockchain, the thing people talk about most — the price — is actually the least interesting part. Crypto conversations are too often about who’s up and who’s down, what to buy and what to sell, and today’s drama on Twitter. Most conversations about crypto miss how it’s going to change ... everything. On VALIDATED, we’ll be talking to the people who are rethinking the internet — and our world. No hype cycles. No financial advice. Just conversations on the biggest ideas shaping the future of the internet. Web3 is complicated, but never boring.
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Check latest episodes from Validated podcast
Building the Bitcoin Equivalent for AI Inference Compute with David and Daniil Liberman (Gonka)
2026/09/22
In this episode, Austin chats with David and Daniil Liberman of Gonka about the case for using crypto to build a permissionless, meritocratic AI compute network focused on inference rather than decentralized training. They argue that centralized AI infrastructure is rapidly concentrating both revenue and compute, and contrast Bitcoin’s immutable, open rules with corporate systems whose promises can change. With Bitcoin as their north star, Gonka’s protocol aims to verify inference outputs and validate the underlying hardware to guard against fraud, censorship, and model substitution, using proof-of-work-like measurements of real, always-on hardware rather than proof-of-stake incentives.
00:00 - Why Crypto for AI
03:10 - Inference Over Training
05:02 - Bitcoin as Compute Incentives
07:21 - OpenRouter Critiques
11:36 - Open Source and Safety
18:51 - How Gonka Works
20:14 - Verifiable Inference Proof
24:22 - Privacy and Encryption
29:07 - Decentralized Training Roadmap
34:16 - Keeping Frontier Labs Honest
42:44 - More on Why Bitcoin Provides an Ideal Compute Model
44:23 - Where to Learn More
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What are Intents Actually Solving? with Declan Hannon (Aurora Labs)
2026/08/25
In this episode, Austin chats with Declan from Aurora Labs about building on NEAR’s Intents architecture. Declan explains why intents go beyond “a better bridge UI" and how Aurora Intents actually work, enabling one-click cross-chain journeys. They discuss how the protocol helps create liquidity, adoption metrics (over $21B lifetime volume, about $1B monthly), and use cases across wallets, neobanks, payments, RWAs, and more. The conversation also explores inherent cross-chain risks, as highlighted by a Litecoin reorg double-spend incident, and the need for insurance-like protections for onchain products.
0:00 - Aurora Intents Overview
02:57 - Intents vs Bridges
05:21- Solver Network Explained
06:23 - Aurora Intents’ Behind the Scenes Flow
07:43 - Liquidity and Market Making
08:55 - Real World Use Cases
11:25 - Confidential Intents
16:11 - Intents’ Speed Tradeoffs and Risks
17:30 - Litecoin Incident Earlier This Year
19:51 - Liability and Insurance
26:08 - Future Verticals for Intents
28:36 - Where to Learn More
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OUT OF SCOPE Ep. 2: Anything But Crypto with David Hoffman
2026/08/14
In this episode, Austin and Tori join David Hoffman (Bankless) to talk about "anything but crypto." Their conversation spans longevity and mind-uploading, the challenges of changing opinions in public, and how modern media incentives distort nuanced ideas. They also discuss social media, the future of long-form content, AI risk and alignment, what it means to “win” the AI race, regulatory uncertainty, and ... yes, David's ideas around fitness.
00:00 - Welcome and intro
01:46 - How Do You Want to Live?
06:17 - Changing Your Mind as a Public Figure
09:35 - Media Distortion Effects
14:34 - Quality of Content vs Virality
16:33 - Yudkowsky and AI Doom
24:58 - Base Models' Values
27:55 - China and AI's Moral Core
30:01 - What Winning the AI Race Means
36:46 - Why CLARITY Stalled
41:47 - Hypertrophy and Longevity
44:23 - Conclusion
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OUT OF SCOPE, Ep. 1: Hot Takes Roundtable with Tori Pastore (Soup) and Austin Campbell (Zero Knowledge)
2026/06/26
And now for something (almost) completely different.
Welcome to Out of Scope, a new sub-series where Austin and Tori Pastore (aka Birb Bernake) riff with guests on hot takes from the frontiers of tech, finance, policy, and whatever else is the flavor of the week In this debut episode, they sit down with Austin Campbell to discuss... quite a few things: running stablecoin reserves, repealing the 17th Amendment, why banks resemble cartels, insider trading, market structure, why regulators should be paid more and held to higher standards, modernizing the BSA, and—most importantly—a definitive ranking of video conferencing tools.
00:00 - Introducing Tori
01:24 - Chinese Peptides Explained
02:45 - GLP 1 Hype Cycle
05:40 - Peptides and Food Science
10:49 - Enter Austin Campbell
16:11- Stablecoin Reserve Rules
20:35 - Gold Doom Scenarios
22:59 - Banks' Payment Monopoly
34:38 - AI Lobbying and EA critiques
38:20 - Prediction Markets Incentives
43:59 - Fixing Regulator Accountability
47:39 - Prediction Markets
48:47 - Market Manipulation Debate
59:54 - Perps Versus Futures
01:02:51 - Assassination Markets Debate
01:06:21 - Austin's Magic Wand Reforms
01:10:40 - Blooper Reel
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Why Crypto Fails without Privacy with Mert Mumtaz (Helius)
2026/06/12
In this episode, Austin chats with Mert about why privacy is becoming essential for crypto and on-chain finance. They discuss how ZK-based privacy works via shielded pools, commitments, proofs, and nullifiers, contrasting it with Monero’s probabilistic obfuscation. Mert explains Zcash’s renewed adoption through improved usability, macro and regulatory shifts, and fairer historical distribution. He argues privacy layers fail when they lack tangible benefits, and outlines a new fully on-chain, composable, atomic privacy protocol for Solana built with Light Protocol’s compression approach, including permissionless and enterprise “zones” with configurable compliance features and reduced MEV via encrypted swaps.
00:00 - Why Privacy Matters
03:05 - Zcash And ZK Origins
06:26 - How Shielded Pools Work
09:56 - Why Zcash Broke Out
15:52 - Why Privacy Layers Fail
19:47 - Solana Privacy Protocol
22:57 - Composability Breakthrough
25:51 - Go-To-Market Plan
30:50 - Compliance And Zones
32:40 - Onchain Versus Off Chain
34:58 - Zcash And Solana’s Future
40:29 - Bitcoin Privacy And Quantum
43:48 - Closing And Where To Find
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Why Privacy Tech Is Having Its Moment with Seth for Privacy (Cake Wallet)
2026/06/02
In this episode, Austin chats with Seth (Cake Wallet) about why privacy is gaining traction after years of being niche, tracing Seth’s entry through Monero and other privacy-preserving products. They compare Zcash’s seemingly influencer-driven pump with Monero’s quieter but rising real-world usage, discuss Cake Wallet’s UX-driven approach (including enforced auto-shielding for Zcash), and debate how criminal adoption can actually validate that privacy tools work in adversarial settings while emphasizing legitimate use cases and storytelling. They explore why app-layer privacy on major L1s has weak adoption versus privacy-native L1s, the importance of defaults, and what’s next for privacy in DeFi and stablecoins.
00:00 - Seth’s Personal and Professional Privacy Journey
05:53 - Zcash vs Monero Adoption
09:51 - Crime Compliance and Privacy Ethics
15:25 - Why Privacy-Preserving Wallet UX Has Lagged
20:49 - Privacy L1s vs. App-Layer Privacy
27:30 - What’s Next Private DeFi
30:07 - Why Monero Has Survived CEX Delistings
32:35 - Privacy in the Age of AI Surveillance
41:51 - Conclusion
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Solana Mobile's Vision Beyond Seeker with Emmett Hollyer (Solana Mobile)
2026/05/05
In this episode, Austin chats with Emmett Hollyer about the evolution and future of Solana Mobile. They reflect on how the successes and missteps of the Saga phone informed the more refined Seeker, with a focus on improvements in design, pricing, and usability. Emmett discusses scaling production to meet over 100,000 preorders, strategies for attracting developers, and the rationale behind launching a token to align incentives across the ecosystem. The conversation also explores plans to expand beyond in-house devices through partnerships with Android manufacturers, positioning Solana Mobile as a broader crypto platform rather than just a hardware company.
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Crypto's Market Making Arms Race with Rahul Jain (Ellipsis Labs)
2026/04/21
In this episode, Austin chats with Rahul Jain (Head of Trading at Ellipsis Labs) to explore the evolution of market making in crypto. Rahul discusses what gives crypto market makers an edge, why being early matters, and how crypto has created new challenges around MEV, transaction landing, and execution. They explore the future prospects of prop AMMs, perps, MCP, and what it will take for on-chain finance to scale beyond crypto-native users and compete with traditional markets.
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The Constellation Debate Part 2, with Brennan Watt (Anza)
2026/04/10
In this episode, Austin sits down with Brennan to unpack Constellation, Solana’s latest market structure proposal, and what it could mean for the network’s future. The conversation centers on Brennan’s perspective on why Solana’s current leader-based design creates challenges around transaction ordering, predictability, and censorship resistance, and how Constellation aims to address those issues through a new multi-proposer framework. They explore the trade-offs between latency, complexity, and fairness, debate whether the proposal strikes the right balance for traders and validators, and discuss how it fits into Solana’s broader roadmap.
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The Constellation Debate, Part 1 with Ben Coverston (Temporal)
2026/04/09
In this first part in a series of debates on Constellation (Anza's MCP proposal), Austin chats with Ben from Temporal. The conversation focuses on Ben’s measured critical perspective, highlighting his concerns around the proposal’s trade-offs, including added complexity, potential unintended effects on market structure, and whether alternative approaches could achieve similar gains in censorship resistance and throughput. They dig into the proposal’s underlying motivation, debate whether current limitations in Solana’s architecture are being correctly diagnosed, and explore what these design decisions could mean for the next generation of on-chain trading and market infrastructure.
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MegaETH Mainnet and the Real-Time ZK Endgame w/ Lei Yang
2026/03/24
In this episode, we sit down with the team behind MegaETH to discuss the launch of their mainnet and the vision for a new generation of high-performance Layer 2 blockchains. We explore how MegaETH is pushing block times into the millisecond range, what that means for onchain markets, and why ultra-low latency could fundamentally change blockspace auctions and transaction ordering. The conversation also covers token utility, sequencer incentives, fraud proof security, and why the long-term endgame for rollups is real-time ZK proving. We also dive into the practical challenges of building high-performance crypto infrastructure — from co-location and distributed RPC networks to designing an ecosystem that can actually take advantage of that speed.
To learn more about MegaETH, check out:
https://www.megaeth.com/
https://rabbithole.megaeth.com/
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How Shelby Makes Decentralized Storage Faster and Cheaper w/ Pranav Raval
2026/03/06
In this episode, Austin chats with Pranav Raval (Aptos Labs) about Shelby, a new decentralized storage protocol designed to address the performance and cost limitations of earlier decentralized storage systems. The conversation dives into Shelby’s architecture and market opportunities. Unlike previous systems that rely on unreliable “spare capacity” nodes, Shelby uses professionally operated data centers, erasure coding for reliability, and incentives for fast data retrieval. This design enables new use cases beyond simple file storage, including verifiable advertising analytics, IP-protected generative media, AI data marketplaces, and distributed AI inference at the network edge. Pranav explains how Shelby can position itself as infrastructure for data-intensive applications—especially those driven by AI—while offering an alternative to the expensive egress fees and regional data silos of traditional cloud providers.
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How Wyoming Built the First State-Issued Stablecoin w/ Anthony Apollo
2026/01/28
In this episode, Austin talks with Anthony, Executive Director of Wyoming’s Stable Token Commission, about how Wyoming became the first U.S. state to issue its own government-backed stablecoin. They discuss the state’s decade-long push into crypto policy, why Wyoming chose to operate digital financial infrastructure instead of just regulating it, and how the Frontier Stable Token is designed to be fully backed, legally neutral, and usable for any lawful purpose. The conversation covers constitutional safeguards around privacy and due process, how reserves generate public revenue, and why a small, agile state may be uniquely positioned to experiment with on-chain money—offering a glimpse into what the future of state finance could look like.
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Inversion's Vision for Real-World Crypto w/ Santiago Roel Santos
2025/12/09
In this episode, Austin chats with Santiago Roel Santos, founder of Inversion, discussing why crypto has struggled to reach mainstream adoption and what it will take to change that. Santiago explains how Inversion applies a private-equity-style model to deploy capital into real-world use cases, rather than chasing speculative cycles. He outlines why stablecoins are emerging as crypto’s strongest product-market fit, what infrastructure still needs to mature, and how regulatory clarity is shaping global distribution. The conversation also covers chain selection, the limits of “casino onboarding,” and why genuine adoption depends on building products that solve practical problems for people and businesses.
00:00 - Understanding Inversion and Its Origins
07:18 - Crypto's Consumer to Enterprise Shift
12:59 - Interoperability and Choosing the Right Blockchain
17:16 - Private Equity in a High Interest Rate Environment
20:16 - Distribution vs. Product in Crypto
25:50 - The Future of Crypto and Stablecoins
33:19 - Global Economic Power and Technology
35:51 - Crypto's Impact on Corporate Structures
40:32 - Tokenized Stocks and Market Access
48:02 - Advice for Founders in the Crypto Space
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Maple's Model for Institutional Lending w/ Sid Powell
2025/11/18
In this episode, Austin chats with Sid Powell, co-founder and CEO of Maple Finance, to explore how institutional credit is moving on-chain. Sid breaks down how Maple has facilitated over $5 billion in loans, how it manages risk and transparency in a post–Celsius world, and what’s next for tokenized private credit. We also discuss stablecoins, regulation, and how crypto finance is maturing for the long term.
00:00 - Understanding Maple Finance
02:03 - Comparing Maple to Celsius
09:39 - Institutional Clientele
16:42 - Maple's Navigation of Different Blockchain Ecosystems
22:58 - The Case for Vertical Integration
23:57 - Challenges in Financial Services
25:12 - Crypto's Overall Growth
26:49 - The Future of Banking and Crypto Adoption
30:57 - Stablecoins and Cross-Border Payments
38:21 - Automation and Efficiency in Crypto Lending
44:00 - Conclusion
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Podcast reviews
Read Validated podcast reviews
N X C 2021/12/13
One of my favorite blockchain podcasts
Has more depth than a lot of crypto podcasts out there. Whether you follow Solana chain or not, this is a good one to increase your industry perspecti...
will.bao 2021/10/22
Good podcast but could use some work
It’s a good podcast due to the founder having access to amazing guests. But questions are often not very insightful and worse can seem uninformed.
N...
Semsin689 2021/08/15
Came for Solana. Stayed for Anatoly.
So awesome to get a peek inside this guy’s brain every episode. More technically and philosophically interesting than most other blockchain podcasts o...
Bib1234632 2019/12/14
Best blockchain podcast
The Solana Podcast is emerging as one of the best blockchain and technology podcast online.
stephena 2019/12/14
Amazing series on blockchain.
Even you if you don't know about Solana, this witty series on blockchain will blow your mind.
Frank Castiglioni 2019/12/14
Top 5 crypto podcast for sure
It's kind of amazing how in-depth they get on topics from computer science problems to law to governance. I'll definitely be keeping an eye on this po...
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