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Matthew Prince

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1481 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

You've got to then have a stablecoin infrastructure which sits behind that, or more than one, ideally, that can actually handle the volumes that are going to be out there.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And again, I think those volumes are beyond what anyone is anticipating.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Yeah, I mean, I think we went into this thinking that we were going to build sort of a layer two stablecoin that would live on more than one different kind of layer one chains that were out there.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And again, we've talked to every one of the people that you just mentioned, and they're all really smart.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

They've done amazing things.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

What I think is hard for people to comprehend is just the volumes that the internet really looks like.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And so that's where we kind of come in and go, that's awesome, but you've got to be able to support two or three orders of magnitude more than what you're talking about today.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

So we are still looking for that.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

I think the question for us has been,

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Do we wait until we figure out exactly what's the right long-term solution before we launch that?

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Or do we sort of try and cobble together something that'll hold up now and in the background kind of create what that future is?

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And again, whether it's us creating it or whether it's one of those companies, there are a bunch of startups that are doing really interesting things as well.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

Like, if you're out there and you're working on this problem and you're not talking to us already, you should be because we can give you that incredible distribution.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

We have no pride of ownership here.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And what we want is to live up to our mission, which is help build a better internet.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And that means, you know, yeah, we're going to support everything which works out there.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

But the volumes and scale are so enormous.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

that again, I think a lot of what, again, a lot of the companies that you mentioned have incredible purposes for what they're doing, but nobody is doing the volumes that we potentially can help facilitate.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

And again, it won't just be us.

Bankless
Cloudflare Needs 100M TPS from Crypto to Fix the Internet | CEO Matthew Prince

I think done correctly, this goes across the entire internet and the volumes could be just extraordinary.