BREAKDOWN: Tom Shaughnessy & Jordan Clifford on Layer 1 Wars, Token Economics and a Shift to Applications
Why 2020 will see both a true competition for layer 1 smart contract platform supremacy and why development will shift back to the application layer.
ABOUT
Tom Shaughnessy is a co-founder at Delphi Digital as well as the host of the Chain Reaction podcast. Jordan Clifford is managing director of Scalar Capital. In this end of year interview for The Breakdown, Tom argues that the big story of 2019 was actually the fact that it was all about quiet building. When it comes to 2020, however, watch out for fireworks. Tom predicts we’ll see a major increase in the layer 1 smart contract platform wars, as well as an increased in the perceived importance of token economic design. Jordan meanwhile argues that we’re likely to see a shift back to development at the application layer.
HOST
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

EPISODES
The Blockspace Podcast: This New Bitcoin Proposal Would Steal Your Bitcoin
A new proposal suggests burning "spam" Bitcoin UTXOs. We explain why the "CAT" proposal is technically flawed, philos...
23 hours ago
THE MINING POD: Kevin O’Leary: 50% of AI Builds Will Fail
Celebrity investor Kevin O’Leary joins the Mining Pod to discuss his bull thesis on AI, bitcoin, and Bitzero.
Dec 9, 2025
BITCOIN SEASON 2: Why The 2025 Bitcoin Bull Run Failed Us
Was the 2025 Bitcoin top a failure? We analyze why $126k felt underwhelming, compare BTC returns against Gold and the...
Dec 5, 2025
The Growing Dominance of Crypto KOLs
Exploring the rise of crypto KOLs with Celo Co-Founder Rene Reinsberg and 'Binance Blockchain 100' Award Winner Leon....
Dec 5, 2025

The Mining Pod
Feb 10, 2025

CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023

Markets Outlook
Tune in as CoinDesk runs down action in the crypto market and some of the most important recent industry development.
Dec 19, 2023

Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023
