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At just 20-years young, Vitalik Buterin is one of the most brilliant minds in the cryptocurrency space. Previously, a co-founder of bitcoin Magazine, he has conceptualized Ethereum, the most radical and ambitious cryptocurrency project since bitcoin. After raising $18m in a crowdsale, a team of over 30 are working on launching the project by March 2015. In his work on designing a system for the future, he has been grappling with many of the hardest problems in the cryptocurrency space over the past year.
In a fascinating discussion, we covered:
– How Ethereum has evolved since the white paper
– The problems of Proof-of-Work
– Why Proof-of-Stake is the future of consensus protocols
– Why his main focus has been on consensus issues and scalability
– Why bitcoin will never be stable enough to price things in
– The flawed ideology of ‘bitcoin maximalism’ that prevents people from considering Proof-of-Work alternatives
Links mentioned in this episode:
– Ethereum: http://ethereum.org
– How to get started: Your first DApp in under one hour: https://forum.ethereum.org/discussion/1402/how-to-get-started-your-first-dapp-under-one-hour
– Ethereum Proof-of-Concept 7: https://github.com/ethereum/cpp-ethereum/wiki
– Proof of Stake: How I Learned to Love Weak Subjectivity: https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/
– Slasher: A Punitive Proof-of-Stake Algorithm: https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/
Sponsors:
– Gems: http://getgems.org
– Shapeshift: https://shapeshift.io
– Fairlay: http://fairlay.com
Show notes: http://epicenterbitcoin.com/podcast/058
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-058
Epicenter bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
– Visit our website: http://epicenterbitcoin.com
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