Summary
In this conversation, Luis Bezenberger discusses Shutter Network, an encryption as a service mechanism designed to provide decentralized encryption and decryption. He explains the importance of Shutter Network in protecting against MEV (maximal extractable value) and the challenges faced in the Ethereum transaction supply chain. The discussion covers the integration of Shutter Network with various chains, web3 Marketing with Peter Abilla, the customer journey, and potential applications in gaming. Luis also addresses marketing challenges and the need for better user education regarding the benefits of Shutter Network.
Takeaways
Shutter Network provides encryption as a service for decentralized applications.
The primary use case is to protect against MEV and front-running.
Integration with layer 2 chains is essential for Shutter's functionality.
The Ethereum transaction supply chain has centralization issues that Shutter aims to address.
User education is crucial for understanding the value of Shutter Network.
Shutter Network can enhance user experience in gaming applications.
The marketing challenge lies in reaching end users who benefit from Shutter's services.
MEV is a significant issue in crypto that can lead to financial losses for users.
The sealed envelope analogy helps explain Shutter's value proposition.
Shutter Network aims to level the playing field in crypto transactions.
Sound bites
"Shutter Network is an encryption as a service mechanism."
"The Ethereum transaction supply chain is broken."
"Mempool encryption could offer an alternative to this."
"We can only prevent front running MEV."
"MEV is maximal extractable value."
"Front running is bad because people lose money."
"The sealed envelope visual is relatable."
"We need more simple educational materials."
"Thank you for identifying our challenges."
Chapters
00:00 Introduction to Luis Bezenberger and Shutter Network
01:44 Understanding Shutter Network: Encryption as a Service
04:34 Customer Journey: How Shutter Fits in Transactions
06:30 Integration with Layer 2 Chains and Applications
12:37 The Broken Ethereum Transaction Supply Chain
16:22 Feedback from Integrated Chains
18:18 Marketing Challenges and User Awareness
25:38 Potential Applications in Gaming
31:07 Branding and Target Audience of Shutter Network
35:35 Explaining MEV and Shutter's Role in Mitigation
41:35 The Sealed Envelope: Visualizing Shutter's Value Proposition
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See other Episodes Here. And thank you to all our crypto and blockchain guests.
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