What is Crypto w/ Michael Nye

Disrupting the Payment Industry with Blockchain with Nash

08.17.2019 - By Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto AdvocatePlay

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Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.

In this episode, I sat down with Nash from Pyrofex to talk about scaling cryptocurrencies like Ethereum and private blockchains. Pyrofex is the creator of C-Delta, a proprietary blockchain that can operate at 10,000 TPS, enough to rival payment processors like VISA. They are also creating a service to allow merchants to accept crypto more easily. Nash discusses the issues in scaling a blockchain, his experience with the Ethereum protocol, and drops a surprising Bitcoin price prediction at the very end.

Learn more at https://twitter.com/pyrofex

Thank you to Nash for his time. Thank you to our sponsors CasperLabs! And thank you to all our listeners! You guys help make this possible.

Timestamps

00:01:50

How did you get into Crypto?

00:05:00

What is the benefit from moving from credit cards to a crypo-based ecosystem?

What’s the challenge now in paying with crypto at retail stores?

00:09:45

Will take a future generation to get the older generation to adopt the technology?

00:14:00

How will your crypto scale and be more usable?

00:22:00

What allows C-Delta to scale?

00:25:00

How did you come up with the solution?

00:31:15

What’s next for the company?

00:34:20

Only for payments, or scale on other chains?

00:37:20

Bitcoin price prediction

00:44:40

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