This week on the show I chatted to Arthur Breitman, cofounder of Tezos.

Tezos has been in the news recently because the class action lawsuit the foundation has been fighting for the last 3 years just came to a close. In 2017 the suit was brought by people who claimed Tezos was an unregistered security, and that this entitled them to money. The biggest winners from the lawsuit were the lawyers who walked away with 1/3 of the $25million settlement. My personal opinion of those who brought the suit aside, they would have actually been better off just holding onto their Tezos, which saw a huge rise over the last year.

Arthur and I didn’t actually cover the lawsuit in this conversation, but I have done interviews with him in the past about this and I’ll link them in the description.

In this interview, we take a deep dive into the tech of Tezos:

What Tezos can offer the world of DeFi, now that gas prices of Ethereum are so high

Why sharding might not be the answer

Misconceptions around supply caps

The debate around scaling on chain – and the Ethereum community’s view that this is plutocracy

How the self-governance on Tezos works, why you don’t want to have to depend on a hard fork, and some early proposals that were implemented

How staking, “baking”, works

Why Tezos is not delegated proof of stake like many claim, but actually something called liquid democracy -- what this means and why it’s different from DpoS that blockchains like EOS use.

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