# Juan Benet I InterPlanetary Consensus I Protocol Labs I Pragma Denver 2024

- Speakers: [Juan Benet](https://streameth.org/speakers/juan-benet)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2024-10-09
- Duration: 27:23
- Topics: InterPlanetary Consensus, Juan Benet, Protocol Labs, Pragma Denver 2024, blockchain scalability, IPFS, Filecoin, FVM, subnets, partition tolerance, web3 infrastructure, custom blockchains, hierarchical consensus, crypto R&D, public goods funding, decentralized systems, consumer apps onchain, finality, developer primitives, IPC architecture, ETHGlobal, Kartik Talwar, onchain gaming, modular blockchain, rollups vs IPC, blockchain future, network design, open source research
- Watch: https://streameth.org/watch/yt-I9XLN52xWMk
- YouTube: https://www.youtube.com/watch?v=I9XLN52xWMk

## Description

Join Juan Benet, founder of Protocol Labs, in this deep-dive fireside chat from Pragma Denver 2024 as he unveils InterPlanetary Consensus (IPC) — a radically scalable architecture for blockchain systems inspired by interplanetary design principles. Interviewed by ETHGlobal’s Kartik Talwar, Juan discusses how IPC builds on IPFS and Filecoin, enabling billions of transactions per second, hierarchical subnets, finality in partitioned chains, and real-time application logic like gaming, social networks, and decentralized infrastructure.

Juan also shares Protocol Labs’ evolution into a massive open-source R&D network, why current blockchain scalability is insufficient for consumer apps, and how we can rethink developer primitives, bridge infrastructure, and public goods funding to usher in a new wave of performant, decentralized technologies.

00:00 Intro to InterPlanetary Consensus with Juan Benet
00:55 Why consumer apps don’t use Web3 yet
02:09 IPC: A new architecture for blockchain scalability
03:18 Designing systems across planetary latency
05:18 Hierarchical tree of chains explained
06:58 Partition tolerance and recursive subnets
08:35 Finality and checkpointing in IPC
09:47 Filecoin FVM and custom subnet logic
10:46 Application-specific blockchain orchestration
11:51 IPC vs traditional rollups
13:20 MMO example: fast logic vs secure state
14:18 Tradeoffs and complexity of subnet interoperability
15:17 Designing calling conventions between chains
17:28 Vision behind founding Protocol Labs
20:32 The true cost of R&D and tech translation
22:05 Funding gaps between science and products
23:34 How public goods funding can bridge the R&D gap
25:02 Protocol Labs as an open R&D network
26:02 Rethinking startup culture in decentralized ecosystems
27:01 Closing: IPC and the future of scale in Web3

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🇺🇸 *Pragma Denver*
Pragma Denver 2024 took place at The Arch in Denver on February 28, 2024, and was an in-person summit for builders and leaders in the web3 ecosystem. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Watch the full Pragma Denver playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh4lJw0vruQ4prh8iMDUk89i&si=ayJ64Sgcqew1fdFk

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Ever since we first introduced our new event series, Pragma, in Tokyo in the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. 

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✅ *Follow Juan Benet*
X: https://x.com/juanbenet

✅ *Follow Protocol Labs*
X: https://x.com/protocollabs

✅ *Follow ETHGlobal*
X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal 

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