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In this episode we welcome back Stephan Tual, the COO of Slock.It, a German startup working at the intersection of the Internet of Things and the Ethereum blockchain. Slock.It’s small team also wrote the smart contracts that power ‘The DAO’, a decentralized capital management entity that recently raised north of $160 million for investing into Ethereum based projects. ‘The DAO’ has been featured in many mainstream news outlets, such as New York Times, Wall Street Journal and the Economist.
The interview explores the vision, motivation and challenges behind both ‘The DAO’ and Slock.It.
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This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/132
One of the foundational problems in payment networks is that they are mostly uninteroperable. This problem exists at all levels, from consumer payment solutions like PayPal, to national and multi-national banks. This complexity is brought on by the proprietary nature of payment networks, and moving value from one to another requires a negotiation between parties on which common payment network to use in a transaction. We saw similar problems in the early days of the Internet, assembled around protocols which allow for data to be routed and move between networks in a standardized way.
We’re joined by Stefan Thomas and Evan Schwartz, co-creators of Interledger. This neutral protocol would bring the same level of interoperability we know take for granted around the flow of data, to payments, thus allowing money to move freely across networks. A market maker, who holds accounts in both networks, would receive funds in escrow from a sender, and move funds to an escrow account with the receiver, getting paid by the sender when he shows the proof the funds were delivered to the receiver.
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This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/131
In the short history of the Bitcoin industry, there has been an impressive amount of high profile hacks, ranging from a few hundred thousand to many millions of dollars. In all of these, customers, Bitcoin users, where robbed of their funds because poor security policies, negligence, incompetence, or plain old scamming. Recently, the cryptocurrency conversion service ShapeShift fell victim to a hack in which over $200,000 of company funds were stolen, initially by an employee, and then by a hacker to whom this employee had sold sensitive company information. Luckily, no customers lost any money as ShapeShift does not hold any funds on behalf of users.
We talked to ShapeShift CEO Erik Voorhees who walks us through this captivating ordeal, which sounds like it could be the plot of a movie. He speaks about how the company is trying to recover and what he has learned from this unfortunate event.
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This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/130
As the blockchain field continues evolving rapidly, Sebastien, Meher and Brian take some time to discuss the current environment and the longer term implications of blockchains. We discussed how smart contracts could affect the pace of innovation and the competitiveness of industries. We also talked about the role DAOs will play and what we can take away from the current DAO crowdsale and its connection with Slock.it.
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This episode is hosted by Brian Fabian Crain, Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/129
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