Wyre Talks

Ep. 5, Decentralized Inter-Blockchain Trading and the LQDEX Platform: Yogesh Srihari, Co-founder and CEO of LQDEX

Episode Summary

Yogesh Srihari is a serial entrepreneur, who started several companies until he stumbled upon blockchain and was convinced by its potential to refocus his attention. Now, he is co-founder and CEO at LQDEX (pronounced "liquid-ex"), an inter-blockchain trading platform which allows trading of digital tokens across multiple blockchains. Because the exchange is decentralized, all the trading can be done without counterparty risk. Cross-chain trading often utilizes what are called atomic swaps. We explore what atomic swaps are, and why LQDEX does not use them, so therefore does not require modifications to the existing blockchains. As he discusses his past with Spankchain, Yogesh tells of the lessons he learned to not only build a great product, but to become an effective leader and decision-maker. In this episode, we also cover: - How the adult entertainment industry has catalyzed other technologies in the past - Launch of the LQDEX Bridge - Collators in the LQDEX ecosystem, why they're crucial to the system - Ensuring good behavior from those participating on the platform by issuing LQD tokens - Stake and earn token models - Training yourself to become a hyper-rational thinker - Using a sidechain for more efficient trading

Episode Notes

Yogesh Srihari is a serial entrepreneur, who started several companies until he stumbled upon blockchain and was convinced by its potential to refocus his attention. Now, he is co-founder and CEO at LQDEX (pronounced "liquid-ex"), an inter-blockchain trading platform which allows trading of digital tokens across multiple blockchains. Because the exchange is decentralized, all the trading can be done without counterparty risk. Cross-chain trading often utilizes what are called atomic swaps. We explore what atomic swaps are, and why LQDEX does not use them, so therefore does not require modifications to the existing blockchains.

As he discusses his past with Spankchain, Yogesh tells of the lessons he learned to not only build a great product, but to become an effective leader and decision-maker.

In this episode, we also cover:

LQDEX website: https://lqdex.com/#exchange

LQDEX blog: https://medium.com/lqdex

LQDEX Whitepaper: https://lqdex.com/doc/LQDEX-Whitepaper.pdf

You can follow the host on Twitter! 

Thomas Scaria: @tomscaria