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

Gideon Greenspan: MultiBit – The Blockchain is a New Database Paradigm

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Gideon Greenspan, a computer scientist and CEO/Founder of the Israeli startup Coin Sciences, joined us for a discussion of their private blockchain platform MultiChain. Besides diving into the popular question of what’s the point of a private blockchain, we covered his earlier colored coins implementation as well as his view that blockchains are best understood as a novel database paradigm.

Topics covered in this episode:

  • How Gideon got involved in the blockchain space
  • Their colored coins implementation MultiSpark and why it failed to get traction
  • Why he saw a market for an open-source private blockchain platform and started MultiChain
  • What mining diversity is and how it is used for consensus in MultiChain
  • How permissions work in MultiChain
  • The issues of privacy in blockchains and why you can’t have auditability and privacy
  • How private blockchains differ from regular distributed databases
  • The five criteria to decide if a project needs a blockchain
  • The problem he sees with smart contract blockchains

    • Episode links:

    • Multichain website
    • Multichain Whitepaper
    • Colored coin protocol CoinSpark
    • Avoiding the pointless blockchain project
    • Private blockchains are more than 'just' shared databases
    • Smart contracts: The good, the bad and the lazy

      • This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/107

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      Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed TechnologiesBy Epicenter Media Ltd.
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