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

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

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

  • 172 – Peter Rizun: A Bitcoin Fee Market Without A Blocksize Limit
    Support the show, consider donating: 16LVjxWGTbQuTV7Nxmpa1gCSfidbPpa71S (http://bit.ly/2me3j6i)
    With both the Bitcoin Unlimited and Segregated Witness efforts far from reaching majority support and exploding transaction fees, the debate around how to scale Bitcoin continues on. One of the key arguments against bigger blocks and Bitcoin Unlimited is that a blocksize restriction is needed to create a healthy fee market. Dr Peter Rizun has been researching the economics of transaction fees in Bitcoin extensively and joined us to discuss what dynamics affect fees and why he thinks the blocksize limit will eventually fall.
    Topics discussed in this episode:
    - Bitcoin seen through the eyes of a physicist
    - The dynamics that determine transaction fees in Bitcoin
    - How orphaning risks drive the fee market economics
    - The relationship between the block reward and the fee market
    - Why the blocksize limit will eventually fall
    - Why Peter supports Bitcoin Unlimited
    - The state of discussion between Bitcoin Core and Bitcoin Unlimited
    Links mentioned in this episode:
    - Dr. Peter Rizun's talk at Scaling Bitcoin Montreal 2015: https://www.youtube.com/watch?v=ad0Pjj_ms2k
    - Dr. Peter Rizun: "A Transaction Fee Market Exists Without a Block Size Limit"": https://www.bitcoinunlimited.info/resources/feemarket.pdf
    - XT Nodes - Bitcoin Hashrate Distribution: http://xtnodes.com/
    - Bitco.in Forum: https://bitco.in/forum/
    - Ledger - Peer-Reviewed Journal on Cryptocurrency and Blockchain: http://ledgerjournal.org/ojs/index.php/ledger
    Sponsors:
    - Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
    - Ledger: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER - http://ledgerwallet.com
    This episode is also available on :
    - Epicenter.tv: https://epicenter.tv/172
    - YouTube: http://youtu.be/2eaMVWUXW8U
    - Souncloud: http://soundcloud.com/epicenterbitcoin/eb-172
    Watch or listen, Epicenter is available wherever you get your podcasts.
    Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
    1 hr 10 min
  • Vitalik Buterin: DAO Lessons, Casper and Blockchain Interoperability

    Ethereum Founder Vitalik Buterin joined us once again to discuss the state of Ethereum and the efforts to innovate the protocol. We covered the takeaways from the DAO fork, switching to the proof-of-stake system Casper and how to think about blockchain interoperability.

    Topics covered in this episode:

    • – Lessons from the DAO hack
    • – The security flaws of Proof-of-Work
    • – Why Proof-of-Stake will provide more security and scalability
    • – The state of Casper and transition timeline
    • – Blockchain interoperability
    • Episode links:

      • Ethereum Foundation
      • Ethereum R&D Roundup Valentine's Day
      • December Development Roundup
      • R3 Chain Interoperability Paper
      • Epicenter 58: Ethereum, Proof-of-Stake and Future of Bitcoin
      • Epicenter 91: Frontier Launch and Scalability
      • This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/171

        1 hr 8 min
      • 171 – Vitalik Buterin: DAO Lessons, Casper and Blockchain Interoperability
        Support the show, consider donating: 15yyqx1JhiNqFJ8WFSKF2oA9tKBV9Jycqc (http://bit.ly/2lypYwU)
        Ethereum Founder Vitalik Buterin joined us once again to discuss the state of Ethereum and the efforts to innovate the protocol. We covered the takeaways from the DAO fork, switching to the proof-of-stake system Casper and how to think about blockchain interoperability.
        Topics discussed in this episode:
        - - Lessons from the DAO hack
        - - The security flaws of Proof-of-Work
        - - Why Proof-of-Stake will provide more security and scalability
        - - The state of Casper and transition timeline
        - - Blockchain interoperability
        Links mentioned in this episode:
        - Ethereum Foundation: https://ethereum.org/
        - Ethereum R&D Roundup Valentine's Day: https://ethereum.org/2017/02/14/ethereum-rnd-roundup-valentines-day-edition/
        - December Development Roundup: https://blog.ethereum.org/2016/12/31/december-roundup/
        - R3 Chain Interoperability Paper: http://www.r3cev.com/blog/2017/1/23/chain-interoperability
        - Epicenter 58: Ethereum, Proof-of-Stake and Future of Bitcoin: https://epicenter.tv/episode/058/
        - Epicenter 91: Frontier Launch and Scalability: https://epicenter.tv/episode/091/
        Sponsors:
        - MerkleWeek: Blockchain Training, Keynotes & Hackathon in Paris from March 9th to 12th - Get 30% off with promo code EPICENTER - http://www.merkleweek.com/
        - Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
        This episode is also available on :
        - Epicenter.tv: https://epicenter.tv/171
        - YouTube: http://youtu.be/3p8CGBgLTZQ
        - Souncloud: http://soundcloud.com/epicenterbitcoin/eb-171
        Watch or listen, Epicenter is available wherever you get your podcasts.
        Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
        1 hr 8 min
      • Jae Kwon: Cosmos – The Internet of Blockchains

        One of the key issues with blockchain networks is the lack of interoperability. In the early days of Bitcoin, blockchain interoperability was far from people’s minds. However, as new networks continued to emerge and gain traction, the ability to move assets freely from one blockchain to another has become a critical feature.

        We’re joined by Jae Kwon, CEO and Founder of Tendermint, the team which is launching the Cosmos Network. Cosmos aims to build the internet of blockchains: A global network of blockchains, connected through hubs that allow trustless token transfer. Jae joined us to discuss the Cosmos vision, the underlying Tendermint consensus algorithm and upcoming fundraiser.

        Topics covered in this episode:

        • What Cosmos is and the problems it hopes to solve
        • How Tendermint and Ethereum relate to Cosmos
        • How Cosmos differs from other attemps to solve blockchain interoperability
        • Cosmos’ consensus algorithm, BFT-PoS
        • The role of Hubs and Zones in the Cosmos Network
        • Cosmos’ native asset, Atom, and its role in creating liquidity for inter-blockchain exchange
        • How validator nodes will be chosen
        • Governance in the Cosmos Network
        • Applications for Cosmos
        • The Atom fundraiser and Cosmos’ product roadmap
        • Episode links:

          • Cosmos: Internet of Blockchains
          • Tendermint
          • Epicenter 113: Tendermint - Private Modularized Blockchains
          • Cosmos Whitepaper
          • This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/170

            1 hr 14 min
          • #170 Jae Kwon: Cosmos – The Internet of Blockchains
            We're joined by Jae Kwon, CEO and Founder of Tendermint, the team which will soon launch the Cosmos Network. Cosmos aims to build the internet of blockchains: A global network of blockchains, connected through hubs that allow trustless token transfer. Jae joined us to discuss the Cosmos vision, the underlying Tendermint consensus algorithm and upcoming fundraiser.
            1 hr 13 min
          • 170 – Jae Kwon: Cosmos - The Internet of Blockchains
            Support the show, consider donating: 19AG8qZ2a3hDaSvmgRjjDiKkWQBkSg5UKM (http://bit.ly/2jHyAwM)
            One of the key issues with blockchain networks is the lack of interoperability. In the early days of Bitcoin, blockchain interoperability was far from people's minds. However, as new networks continued to emerge and gain traction, the ability to move assets freely from one blockchain to another has become a critical feature.
            We're joined by Jae Kwon, CEO and Founder of Tendermint, the team which is launching the Cosmos Network. Cosmos aims to build the internet of blockchains: A global network of blockchains, connected through hubs that allow trustless token transfer. Jae joined us to discuss the Cosmos vision, the underlying Tendermint consensus algorithm and upcoming fundraiser.
            Topics discussed in this episode:
            - What Cosmos is and the problems it hopes to solve
            - How Tendermint and Ethereum relate to Cosmos
            - How Cosmos differs from other attemps to solve blockchain interoperability
            - Cosmos' consensus algorithm, BFT-PoS
            - The role of Hubs and Zones in the Cosmos Network
            - Cosmos' native asset, Atom, and its role in creating liquidity for inter-blockchain exchange
            - How validator nodes will be chosen
            - Governance in the Cosmos Network
            - Applications for Cosmos
            - The Atom fundraiser and Cosmos' product roadmap
            Links mentioned in this episode:
            - Cosmos: Internet of Blockchains: https://cosmos.network
            - Tendermint: https://tendermint.com/
            - Epicenter 113: Tendermint - Private Modularized Blockchains: http://epicenterbitcoin.com/podcast/113
            - Cosmos Whitepaper: https://cosmos.network/whitepaper
            Sponsors:
            - MerkleWeek: Blockchain Training, Keynotes & Hackathon in Paris from March 9th to 12th - Get 30% off with promo code EPICENTER - http://www.merkleweek.com/
            - Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
            This episode is also available on :
            - Epicenter.tv: https://epicenter.tv/170
            - YouTube: http://youtu.be/t885QSY0sNQ
            - Souncloud: http://soundcloud.com/epicenterbitcoin/eb-170
            Watch or listen, Epicenter is available wherever you get your podcasts.
            Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
            1 hr 14 min
          • Silvio Micali: Algorand – A New Scalable and Secure Approach to Byzantine Fault Tolerant Consensus

            There is no doubt that proof of work, introduced in the Bitcoin white paper, has stood the test of time as a robust and resilient Byzantine Fault Tolerant consensus mechanism. However, many issues may prevent Nakamoto Consensus from securely scaling over the long term. The risk of validator centralization, network forking, block scarcity and high energy costs required to mine a block have all been extensively debated with no realistic long-term solutions to date. A new paper titled “Algorand” attempts to addresses these problems.

            We’re pleased to be joined by Professor Silvio Micali, a computer scientist at MIT, who is known for his work in many of the technologies blockchains rely on today. As one of the co-inventors of zero-knowledge proofs, he has been decorated with a number of prizes and awards, including the Turing Award, which he received in 2012 for his work in cryptography.

            Prof. Micali describes the concept of Algorand, an alternative approach to proof of work which offers high security guarantees while allowing the network to scale with demand. Relying only on a trivial amount of computation to validate transactions, Algorand also reduces the probability of network forks to near-zero. It uses novel mechanisms to select validators for blocks and enabling them to come to consensus on them.

            Topics covered in this episode:

            • Professor Micali’s fascinating career in the fields of computer science and cryptography
            • The technical limitations of proof of work
            • The ideal properties for a truly decentralized, secure and scalable cryptocurrency
            • Algorand’s new approach to Byzantine consensus
            • Algorand’s strong adversarial model
            • How validators are randomly selected by the network
            • How validators are chosen and how they arrive at consensus
            • How Algorand guarantees a low probability of network forks
            • How Algorand addresses the issue of scaling and block size
            • Algorand’s roadmap and future plans
            • Episode links:

              • Algorand White Paper
              • Algorand talk by Silvo Micali on YouTube
              • Silvio Micali - Wikipedia
              • This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/169

                1 hr 19 min
              • #169 Silvio Micali: Algorand – A New Scalable and Secure Approach to Byzantine Fault Tolerant Consensus
                We're pleased to be joined by Professor Silvio Micali, a computer scientist at MIT, who is known for his work in many of the technologies blockchains rely on today. Prof. Micali describes the concept of Algorand, an alternative approach to proof of work which offers high security guarantees while allowing the network to scale with demand. Relying only on a trivial amount of computation to validate transactions, Algorand also reduces the probability of network forks to near-zero. It uses novel mechanisms to select validators for blocks and enabling them to come to consensus on them.
                1 hr 18 min
              • 169 – Prof. Silvio Micali: A New Scalable and Secure Approach to Byzantine Fault Tolerant Consensus
                Support the show, consider donating: 1L19WwToTupNCiay9w4Zdg7uMwuU2isKDL (http://bit.ly/2jHyAwM)
                There is no doubt that proof of work, introduced in the Bitcoin white paper, has stood the test of time as a robust and resilient Byzantine Fault Tolerant consensus mechanism. However, many issues may prevent Nakamoto Consensus from securely scaling over the long term. The risk of validator centralization, network forking, block scarcity and high energy costs required to mine a block have all been extensively debated with no realistic long-term solutions to date. A new paper titled "Algorand" attempts to addresses these problems.
                We're pleased to be joined by Professor Silvio Micali, a computer scientist at MIT, who is known for his work in many of the technologies blockchains rely on today. As one of the co-inventors of zero-knowledge proofs, he has been decorated with a number of prizes and awards, including the Turing Award, which he received in 2012 for his work in cryptography.
                Prof. Micali describes the concept of Algorand, an alternative approach to proof of work which offers high security guarantees while allowing the network to scale with demand. Relying only on a trivial amount of computation to validate transactions, Algorand also reduces the probability of network forks to near-zero. It uses novel mechanisms to select validators for blocks and enabling them to come to consensus on them.
                Topics discussed in this episode:
                - Professor Micali's fascinating career in the fields of computer science and cryptography
                - The technical limitations of proof of work
                - The ideal properties for a truly decentralized, secure and scalable cryptocurrency
                - Algorand's new approach to Byzantine consensus
                - Algorand's strong adversarial model
                - How validators are randomly selected by the network
                - How validators are chosen and how they arrive at consensus
                - How Algorand guarantees a low probability of network forks
                - How Algorand addresses the issue of scaling and block size
                - Algorand's roadmap and future plans
                Links mentioned in this episode:
                - Algorand White Paper: https://arxiv.org/pdf/1607.01341v7.pdf
                - Algorand talk by Silvo Micali on YouTube: https://www.youtube.com/watch?v=Xauku8XWoSE
                - Silvio Micali - Wikipedia: https://en.wikipedia.org/wiki/Silvio_Micali
                Sponsors:
                - Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
                This episode is also available on :
                - Epicenter.tv: https://epicenter.tv/169
                - YouTube: http://youtu.be/a40Xt7GnPvs
                - Souncloud: http://soundcloud.com/epicenterbitcoin/eb-169
                Watch or listen, Epicenter is available wherever you get your podcasts.
                Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
                1 hr 19 min

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

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              Epicenter brings you in-depth conversations about the technical, economic and social implications of cryptocurrencies and blockchain technologies. Every week, we interview business leaders, engineers academics and entrepreneurs, and bring you a diverse spectrum of opinions and points of view.

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