Techsuite for the C-Suite by Samuel L Huber

BLOCKCHAINs are Broken THE Internet Is broken | Techsuite for the C-Suite #5 Cassandra Heart @cassie


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Takeaways
Blockchain technology provides a way to guarantee truthfulness and maintain business processes.
Privacy is a challenge in blockchain, but solutions like zero-knowledge proofs and random permutation matrices can address it.
Scalability is a key challenge in blockchain adoption, and layer 2 solutions are being explored to improve it.
Early ideas and projects in crypto laid the foundation for the current developments in the industry.
The

use of prediction markets and analytical privacy can enhance consensus
and protect against front-running. Equilibrium uses a dependency graph
to execute transactions in a deterministic way.
The network verifies graphs and avoids infinite loops to ensure a finite and deterministic sequence of events.
Equilibrium
enables applications that follow a deterministic set of rules and
require non-deterministic inputs as part of the execution.
The network is resistant to censorship and provides a secure substrate for decentralized applications.
The integration of gaming with blockchain is an emerging use case that shows promise.
Cassie: https://warpcast.com/cassie
Quilibrium: https://quilibrium.com/
Chapters
00:00 Introduction and Background
01:21 Explaining Blockchain to an Executive
04:14 Benefits of Distributed Ledger Technology
05:37 Privacy in Blockchain
07:17 Early Interest in Blockchain
10:24 Getting Interested in Software Engineering
13:21 The Game-like Nature of Crypto
16:51 Balancing Compliance and Privacy
19:05 Layer 2 Solutions and Scalability
21:51 Trade-offs in Layer 2 Solutions
24:09 Scalability and Adoption
25:23 Early Ideas and Projects in Crypto
27:14 The Challenge of Privacy in Crypto
28:20 Building Equilibrium and Solving Privacy Challenges
32:08 Running Workloads and Challenges
35:13 Solving the Oracle Problem
37:46 Using Prediction Markets for Consensus
40:42 Addressing Front-running and Analytical Privacy
45:00 Random Permutation Matrix and Execution Order
46:26 Understanding Equilibrium's Dependency Graph
47:39 Determinism in Equilibrium's Execution
49:08 Verifying Graphs and Avoiding Infinite Loops
50:27 Scheduled Events and Non-Determinism
51:46 Non-Determinism as an Input
52:14 Enabling and Disabling Applications on Equilibrium
53:16 Applications Enabled by Equilibrium
54:12 The Challenge of Time in Deterministic Execution
55:34 Reconciling Time on the Equilibrium Network
56:31 Use Cases and Applications of Equilibrium
57:43 Legal Framework and Content Hosting on Equilibrium
58:44 Decentralization and Censorship Resistance
01:00:09 The Responsibility of Network Operators
01:02:17 State Rent and Preventing Abuse on Equilibrium
01:04:02 Legal Challenges and Interoperability
01:05:19 The Philosophy of Decentralization
01:07:32 The Difficulty of Censoring a Decentralized Network
01:09:09 The Governance and Development of Equilibrium
01:15:54 The Core Problem and Product Market Fit of Blockchain
01:20:25 The Integration of Gaming with Blockchain
01:23:15 Favorite Resources for Learning About Cryptography
01:28:48 Closing Thoughts on the Future of Blockchain

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Techsuite for the C-Suite by Samuel L HuberBy Samuel L Huber