Chun Wang: stakefish – From Proof-of-Work to Proof-of-Stake


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Chun Wang started mining Bitcoin in 2011 and later created F2Pool, one of the leading Proof-of-Work mining pools. Despite his deep involvement in Proof-of-Work, Chun also recognized the transformative impact of Proof-of-Stake and started stakefish. stakefish has become one of the leading staking provider.

Chun joined us to talk about his journey and reflections on Bitcoin, Ethereum and Proof-of-Stake. We also dove into the topic of humans becoming a multi-planetary species and whether Bitcoin's consensus could be modified to allow mining on different planets.

Topics covered in this episode:

  • Chun's background and how he got into crypto
  • Why he created the mining pool F2Pool
  • The biggest differences between running validators like stakefish vs a mining pool like F2Pool
  • What led him to build stakefish
  • Chun's views on Ethereum
  • Why Bitcoin is more decentralized than Ethereum
  • The future of Proof-of-Stake
  • Stakefish's Ethereum staking product
  • Chun's thoughts of MEV and how will stakefish deal with it in the future
  • Making Bitcoin multiplanetary

Episode links:


  • Gnosis Safe: Gnosis Safe is a smart wallet for securely managing digital assets and allows you to define customized access permissions. -
  • Tally Ho: Tally Ho is a new wallet for Web3 and DeFi that sees the wallet as a public good. Think of it like a community-owned alternative to MetaMask. -
  • Steakwallet: Steakwallet is your new favorite multi-chain, mobile wallet. Tired of having a different wallet for every chain? Get Steakwallet today and get the power of Web 3 across all chains right at your fingertips: -

This episode is hosted by Brian Fabian Crain. Show notes and listening options:

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