Today’s guest is Sergey Gorbunov, co-founder of Axelar. Axelar is a universal interoperability platform that connects all blockchains through a decentralized network and an SDK of protocols and APIs. Using the network and SDK, developers can efficiently integrate their applications across all blockchain ecosystems creating greater access to users, assets, liquidity and other applications. Sergey is also an Assistant Professor at the University of Waterloo (2016 - present). He is interested in building cryptographic primitives, protocols, and systems that enable new applications in untrusted and distributed environments. He received a Ph.D. from MIT, where he was a Microsoft Ph.D. fellow and MSc and BSc from UToronto. His Ph.D. dissertation was on designing cryptographic tools for the cloud using lattice-based cryptography for which he received the Sprowls Doctoral Thesis Award for best thesis in CS at MIT. He was on the founding team of Algorand where he was involved in various business and technical aspects of the company and led the cryptography group. He also spent some time at IBM T.J. Watson Research Centre. We discuss Axelar, Interoperability, Blockchain Design, DeFi, and much more. We begin our conversation by discussing Axelar. Sergey explains how Axelar enables interoperability. We discuss how Axelar is building the infrastructure needed to build a decentralized platform like Binance and Coinbase. Our next discussion topic focused on the proliferation of layer-1s. Sergey explains how the pursuit of scalability influences the development of new Layer-1s and other scalability solutions. Sergey further addresses scalability by explaining the relationship between scalability, application, and design. Sergey stresses the importance of understanding how use cases will continue dictating the design of blockchains. Our next conversation topic centered around the bear market. Sergey shares his experience leading a company through the bear market. Sergey stresses the importance of continuing to build through the bear market. We discuss the nuances of building products for the future and how to validate products in the crypto space. We discuss the products we would like to see be built. Our next conversation topic centered around Axelar’s upcoming roadmap.Sergey explains how we could have chain agnostic stable coins and the second order effects. Please enjoy my conversation with Sergey Gorbunov. -- AngelBlock is a DeFi protocol aimed at solving the issues of fundraising for digital assets and making the process crypto native. More info at https://untoldstories.link/AngelBlock -- BingX is a crypto social trading exchange with over 3M users. BingX offers CFDs, futures, spot, derivatives, and copy trading services to more than 100 countries worldwide and connects users with expert traders on the platform in a safe, simple, and transparent way through social trading networks. For Charlie’s listeners only, register using this link for a 155 USDT Welcome Gift: https://untoldstories.link/bingx -- This podcast is powered by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co