Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Arthur Breitman: Tezos – A Self-Amending Crypto-Ledger

Listen Later

The lack of an explicit governance mechanism has created deep problems for Bitcoin. Ethereum, with the DAO-related soft/hard-fork discussions, may face similar challenges ahead. Yet, already in 2014 Arthur Breitman quietly started working on cryptocurrency network Tezos that has an explicit mechanism to let coinholders vote on protocol upgrades.

Our discussion with Breitman centered around how explicit governance could lead to a more secure and evolutionary protocol. We also discussed Tezos’ approach to smart contract that tries to prevent bug-riddled and insecure smart contracts such as the DAO which has thrown Ethereum into a deep crisis.

Topics covered in this episode:

  • Why stakeholders voting on forks can prevent consensus attacks
  • The mechanics of Tezos’ governance
  • How an upgrade mechanism could allow Tezos to rapidly and radically evolve
  • Why the programming language in which smart contracts are written is crucial for security
  • Why a functional language that allows formal proofs such as OCaml is more suited for smart contracts than Ethereum’s solidity
  • The road ahead for Tezos

    • Episode links:

    • Tezos website
    • Tezos position paper [PDF]
    • Tezos whitepaper [PDF]

      • This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/136

      ...more
      View all episodesView all episodes
      Download on the App Store
      Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed TechnologiesBy Epicenter Media Ltd.
      • 4.7
      • 4.7
      • 4.7
      • 4.7
      • 4.7

      4.7

      186 ratings

      More shows like Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

      View all
      We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

      We Study Billionaires - The Investor’s Podcast Network

      3,360 Listeners

      Macro Voices by Hedge Fund Manager Erik Townsend

      Macro Voices

      3,071 Listeners

      The a16z Show by Andreessen Horowitz

      The a16z Show

      1,106 Listeners

      Unchained by Laura Shin

      Unchained

      1,206 Listeners

      Hidden Forces by Demetri Kofinas

      Hidden Forces

      1,458 Listeners

      Real Vision: Finance & Investing by Real Vision Podcast Network

      Real Vision: Finance & Investing

      906 Listeners

      CRYPTO 101 by Bryce Paul & Brendan Viehman

      CRYPTO 101

      38 Listeners

      The Breakdown by Blockworks

      The Breakdown

      737 Listeners

      The Pomp Podcast by Anthony Pompliano

      The Pomp Podcast

      1,836 Listeners

      Thinking Crypto News & Interviews by Tony Edward

      Thinking Crypto News & Interviews

      251 Listeners

      Bankless by Bankless

      Bankless

      1,047 Listeners

      The Wolf Of All Streets by Scott Melker

      The Wolf Of All Streets

      244 Listeners

      Coin Stories with Natalie Brunell by Natalie Brunell

      Coin Stories with Natalie Brunell

      444 Listeners

      Raoul Pal: The Journey Man by Real Vision Podcast Network

      Raoul Pal: The Journey Man

      127 Listeners

      Forward Guidance by Blockworks

      Forward Guidance

      276 Listeners