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29 Dec 2017 14:50:22 UTC
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EB141 – Ralph Merkle: Revolutionizing Democracy Using DAOs
Support the show, consider donating: 1JiYLskKV4JcS4RuXQqJwC7LCmwmvuXoen (http://bit.ly/2amTtOL)
Legendary scientist and cryptography pioneer Ralph Merkle joined us to discuss his recent paper on DAOs. Merkle examined how the voting mechanisms in today's democracies are flawed and how a decentralized, transparent DAO making decisions using prediction markets could create more efficient democratic systems.
Topics covered included:
- Merkle proofs, Merkle Roots and his early forays into cryptography
- Blockchains as living organisms
- Why DAOs will be subject to a Darwinian evolutionary process
- Why voting is flawed and we need new governance methods to save democracy
- The concept of a DAO democracy
- How prediction markets and futarchy would help govern a DAO democracy
Links mentioned in this episode:
- Ralph Merkle DAO Democracy Paper [PDF] http://bit.ly/29XR7RG
- Ralph Merkle's Homepage http://bit.ly/2anLaPA
- Ralph Merkle's Wikipedia page http://bit.ly/2am6xE6
- EB98 - Robin Hanson: Futarchy, Prediction Markets http://bit.ly/2aE3djy
- Tim Urban: Why Cryonics Makes Sense http://bit.ly/2akC6MV
- Alcor - Life Extension Foundation http://bit.ly/2a9P7IM
Sponsors:
- Hide.me: Protect your privacy and personal data with a free VPN account at Hide.me/epicenter
- Ledger Nano: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER at http://ledgerwallet.com
Show notes: http://epicenterbitcoin.com/podcast/141
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-141
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
Legendary scientist and cryptography pioneer Ralph Merkle joined us to discuss his recent paper on DAOs. Merkle examined how the voting mechanisms in today's democracies are flawed and how a decentralized, transparent DAO making decisions using prediction markets could create more efficient democratic systems.
Topics covered included:
- Merkle proofs, Merkle Roots and his early forays into cryptography
- Blockchains as living organisms
- Why DAOs will be subject to a Darwinian evolutionary process
- Why voting is flawed and we need new governance methods to save democracy
- The concept of a DAO democracy
- How prediction markets and futarchy would help govern a DAO democracy
Links mentioned in this episode:
- Ralph Merkle DAO Democracy Paper [PDF] http://bit.ly/29XR7RG
- Ralph Merkle's Homepage http://bit.ly/2anLaPA
- Ralph Merkle's Wikipedia page http://bit.ly/2am6xE6
- EB98 - Robin Hanson: Futarchy, Prediction Markets http://bit.ly/2aE3djy
- Tim Urban: Why Cryonics Makes Sense http://bit.ly/2akC6MV
- Alcor - Life Extension Foundation http://bit.ly/2a9P7IM
Sponsors:
- Hide.me: Protect your privacy and personal data with a free VPN account at Hide.me/epicenter
- Ledger Nano: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER at http://ledgerwallet.com
Show notes: http://epicenterbitcoin.com/podcast/141
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-141
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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VIDEO
BRIAN
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Support the show, consider donating: 1BciftGTVVzkfViKueG1u5KNtMVfM8xAuc (http://bit.ly/2fx1X4d)
As a lead developer of the Apache webserver and founder of the Apache Software Foundation, Brian Behlendorf has played a central role in building internet architecture. Recently, he became Executive Director of the Hyperledger Project that aims to build foundational blockchain technology in an open-source, collaborative way.
Topics discussed in this episode:
- Brian's role in the development of the Apache server and Apache Software Foundation
- The flaws in how blockchain software is currently being developed
- Why blockchain needs a foundation to steer the development of its foundational technology
- The key lessons from the Apache Software Foundation that inform Hyperledger's approach
- Hyperledger's membership and organizational structure
- The role of software licenses and why he favors Apache
Links mentioned in this episode:
- Hyperledger Website: https://www.hyperledger.org/
- Brian Behlendorf's Wikipedia page: https://en.wikipedia.org/wiki/Brian_Behlendorf
- Brian Behlendorf's Website: http://brian.behlendorf.com/
- Blockchain Meetup Berlin Hyperledger Talk: https://www.youtube.com/watch?v=huN0dcKHD9U
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
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
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VIDEO
EB52
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Support the show, consider donating: 33Xypu9aTiHKbJqqsYZxjxQZ62vAS6ke1T (http://bit.ly/1wl2We3)
Today's episode is all about Factom, an open source project which aims to solve three core problems which apply to all Bitcoin 2.0 applications: Speed, Cost, and Bloat. Rather than writing every transaction to the blockchain, Factom allows decentralized applications to write blocks of transactions to Factom blocks, which themselves get hashed and stored to the bitcoin blockchain. At its core, Factom provides Proof of Existence, which allows for any digital artifact to be reduced to a hash that proves that artifact's existence at a specific point in time.
We are joined by Factom CEO, Paul Snow, and President, Peter Kirby, to explore the different applications of Factom as well as the technical workings of this very interesting and promissing project.
Links mentioned in this episode:
- Factom: http://www.factom.org/
- Factom White Paper: https://github.com/FactomProject/FactomDocs
Show notes: http://epicenterbitcoin.com/podcast/052
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-052
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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1 year ago
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VIDEO
EB88
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Support the show, consider donating: 3DFqfFBBx2dQpyysVHq3ovDWjU8zTr177a (http://bit.ly/1Shbl74)
In this episode, we revisited the perennial topic of digital currency regulation with Siân Jones, our regulatory correspondent and founder of the regulation-focused virtual currency consultancy COINSULT. With the final version of the BitLicense, what may turn out to be the most influential document for digital currency regulation, is now out. Besides diving into many different aspects of the onerous BitLicense, we talked about California's coming rules, how Bitcoin startups will be affected and the implications of Ripple's fine.
Topics covered included:
- A brief primer on BitLicense and the process by which it emerged
- What the key aspects of BitLicense are and how they changed through the revisions
- Why BitLicense will stifle innovation by dramatically increasing the cost and bureaucratic burden of running a digital currency startups
- How different companies are responding to the rules
- Why California's virtual currency draft bill got a lot of things right
- What Ripple got fined for and why FinCEN could go after most cryptocurrency startups for the same reasons
- The status of the European Court of Justice case on VAT
NOTE: Since the episode was recorded the advocate general at the EU Court of Justice recommended that Bitcoin be exempt from VAT.
Links mentioned in this episode:
- NY BitLicense rules and regulations http://on.ny.gov/1MikihN
- California's virtual currency draft bill http://bit.ly/1IbyJDu
- FinCEN fines Ripple Labs Inc. http://1.usa.gov/1JpYElK
- What Ripple's FinCEN fine means for the digital currency industry http://bit.ly/1KdZo0h
- Canada Senate digital currency report http://bit.ly/1Of0B89
- ECJ official proposes Bitcoin VAT exemption http://bit.ly/1Mil4eE
- Siân's company COINSULT http://bit.ly/1jrH1er
Sponsors:
- Shapeshift: Buy and sell alt coins instantly at http://ShapeShift.io
- Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mg at http://vaultoro.com
Show notes: http://epicenterbitcoin.com/podcast/088
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-088
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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VIDEO
EB73
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Support the show, consider donating: 3QtQp7mYUkYRyUe2CtAUZrCdkDY56wEfvJ (http://bit.ly/1bxmFOo)
The cryptocurrency ecosystem is increasingly divided into different camps. There are those betting and working on the eventual mainstream success of Bitcoin. And there are those who take elements of Bitcoin’s technology and repurpose them to improve existing systems.
Hyperledger is one of the projects firmly in the latter camp. They are envisioning a world where innumerable interoperable ledgers are operated by different parties. Hyperledger is their tool for the creation and management of these ledgers. CEO Dan O’Prey and CTO Daniel Feichtinger joined us for a discussion of the project, underlying technology and their view of where the cryptocurrency ecosystem is going.
Topics covered included:
- Why Hyperledger is trying so solve a fundamentally different problem than Bitcoin
- How networks consisting of known parties can have massive performance and scalability advantages over anonymous networks
- Why Hyperledger doesn’t have or need its own currency
- How Hyperledger can vary the degree of decentralization and security depending on use-case
- Practical Byzantine Fault Tolerance (PBFT)
Links mentioned in this episode:
- Hyperledger: http://bit.ly/1C6fdQx
- Meher Roy’s Internet of Money Whitepaper: http://bit.ly/1IjDPfM
- Practical Bynzantine Fault Tolerance: http://bit.ly/1xW0pHQ
Sponsors:
- Buy and sell alt coins instantly with http://ShapeShift.io
Show notes: http://epicenterbitcoin.com/podcast/073
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-073
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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VIDEO
TOM D
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Support the show, consider donating: 128EF4NQNc5ZjvBZ6u11inbRE9SQyU6BPe (http://bit.ly/2eT3d3j)
String Labs founders Tom Ding and Dominic Williams joined us to discuss their project DFINITY, a next-generation blockchain network. Through leveraging technological advances, DFINITY aims to deliver an infinitely scalable decentralized cloud that will be able to power applications from decentralized search to supply chain applications. We covered DFINITY's approach to scalability, interoperability, consensus as well as their sophisticated approach to governance: The Blockchain Nervous System.
Topics discussed in this episode:
- Tom and Dominic ended up founding String Labs
- The DFINITY project and objective of an infinitely scalable decentralized cloud
- How consensus works in DFINITY
- Governance in DFINITY through the Blockchain Nervous System
- Threshold Relay signatures and other new technologies that are part of DFINITY
- The importance and mechanics of public/private blockchain interoperability
- DFINITY's business model
Links mentioned in this episode:
- String Technology: http://bit.ly/2eyZA3E
- DFINITY Shanghai Talk: http://wi.st/2ez0gGg
- DFINITY Shanghai Presentation Slides: http://bit.ly/2frVj1j
- Introducing Random Beacons Using Threshold Relay Chains: http://string.technology/2016/09/14/threshold-relay-random-beacon.en/
- Random Beacons in Decentralized Networks: http://bit.ly/2fScNod
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/157
- YouTube: http://youtu.be/fzG9L4Ry6O4
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-157
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
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1 year ago
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VIDEO
EB27
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Today we're joined by two guests. Tatiana Moroz is a singer-songwriter, anti-war activist and a very active bitcoin enthusiast and evangelist. Recently, Tatiana created Tatiana Coin, the very first musical artist coin on the Counterparty Protocol. She also recently joined Bitcoin Magazine as their sales director and joins us from New York. Wendell Davis is also with us again from Thailand. He's the creator of the beautiful Hive wallet and CEO of Humint, a company which aims to help companies create and deploy branded coins. Wendell is quite knowledgeable in crowd sale platforms as well as new crowdfunding models and will help us dissect some of the challenges and opportunities of creating custom coins.
Links:
- EBA: Financial Institutions Should Avoid Bitcoin, Await Regulation (CoinDesk): http://bit.ly/1pUeeSM
- EBA opinion on "virtual currencies" document: http://bit.ly/1rGPtcl
- Tatiana Coin Website: http://bit.ly/1qDsRrA
- Tatiana Coin on Coinpowers: http://bit.ly/1lNleZn
- Woman's Crypto Association: http://bit.ly/1n7w9C4
- Hive Web: http://bit.ly/VyPemo
- Hive Wallet: http://bit.ly/VyPwtu
- Hummint: http://bit.ly/1kvIZFN
Show notes: http://epicenterbitcoin.com/eb-027
Running time: 1:08:33
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture and is available on iTunes, SoundCloud, Mixcloud, Stitcher and other podcast aggregators.
Website: http://epicenterbitcoin.com
Subscribe: http://feed.epicenterbitcoin.com
Subscribe to our Friday newsletter: http://epicenterbitcoin.com/newsletter
Twitter: http://twitter.com/epicenterbtc
Tip the show: http://epicenterbitcoin.com/tips
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VIDEO
EB59
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Support the show, consider donating: 3DA69nwmqRCVuruzyUT3eRed84cHVybYnU (http://bit.ly/1B9DDMe)
As we wrap up 2014, Brian and Sebastien have a fireside chat and look back on some of the areas of Bitcoin they thought were the most defining. They also look out to 2015 and give their thoughts about what to expect in the coming year. This episode also marks the show's 1-year anniversary, so celebratory drinks are in order. No guests or scripts for this one, just a candid conversation between the Epicenter Bitcoin founders.
Sponsors:
- Gems: http://getgems.org/
- Shapeshift: https://shapeshift.io/
- Fairlay: http://fairlay.com/
Show notes: http://epicenterbitcoin.com/podcast/059
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-059
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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Created
1 year ago
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VIDEO
EB140
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Support the show, consider donating: 1EaybNRvKodkF5Xu8FiGXrnLXK1DzUdT5x (http://bit.ly/2a3WsID)
Exchanges are often criticized as a central point of failure of the cryptocurrency space. This isn't without justification as, in recent years, we have seen a number of exchanges get hacked, robbed, or embezzled by their founders, which is far from insignificant. One proposed alternative are decentralized exchanges that would allow people make peer-to-peer trades using sophisticated smart contracts. However, there remains the fundamental challenge of interfacing with the legacy banking system.
Manfred Karrer joins us for a lengthy discussion on Bitsquare, a decentralized cryptocyrrency exchange which supports most fiat currencies and cryptocurrencies. Built to be a decentralized equivalent of LocalBitcoins, the Bitsquare client, which connects to the peer-to-peer network, uses Tor by default, which makes it almost completely anonymous. There are also a number of safeguards in place to eliminate the potential for fraud and theft, as well as an arbitration system to resolve disputes between traders.
Topics discussed in this episode include:
- The motivation behind Bitsquare
- The Bitsquare client and user experience
- A walkthrough of a typical trade
- The mechanics of the order book
- The fiat currency transfer mechanism
- The current and future arbitration process
- Manfred's thoughts on DAOs
- Bitsquare's product roadmap
Links mentioned in this episode:
- Bitsquare Website: http://bitsquare.io
- Bitsquare Whitepaper: https://bitsquare.io/bitsquare.pdf
- Risk Analysis: http://bitsquare.io/risk_analysis.pdf
- Arbitration System: http://bitsquare.io/arbitration_system.pdf
- Github Repo: https://github.com/bitsquare/bitsquare
Sponsors:
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices http://jaxx.io
Show notes: http://epicenterbitcoin.com/podcast/140
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-140
Epicenter Bitcoin is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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Created
1 year ago
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VIDEO
EB98
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Support the show, consider donating: 39c9iyKAAssTZLbdtPRBQLEaDct7h9v17s (http://bit.ly/1NRFydR)
When Robin Hanson invented the concept of prediction markets almost thirty years ago, he felt he had stumbled on a concept with huge implications. By allowing people to bet on the likelihood of future events, prediction markets promise to allow better forecasts and better decision making.
Research into the area has been vibrant, culminating in Hanson's concept of Futarchy: A prediction-market based governance system. At the same time, the real-world applications have been few and far.
Hanson, an associate professor of economics at George Mason University, joined us to discuss his invention, futarchy and the challenges of disruptive technology.
Topics covered included:
- How prediction markets can surface information
- The history of prediction markets
- How futarchy works
- Whether futarchy could settle the blocksize debate
- Why prediction markets failed to get wide adoption
- How Bitcoin is facing a similar adoption challenge
Links mentioned in this episode:
- Science 'The Promise of Prediction Markets' http://bit.ly/1PJ2bAn (PDF)
- Futarchy: Vote Values, But Bet Beliefs http://bit.ly/1KFhx7v
- Robin Hanson's Blog Overcoming Bias http://bit.ly/1KFhwAx
Sponsors:
- Shapeshift: Buy and sell alt coins instantly at http://ShapeShift.io
- Hide.me: Protect your privacy and personal data with a free VPN account at http://Hide.me/epicenter
Show notes: http://epicenterbitcoin.com/podcast/098
SoundCloud: http://soundcloud.com/epicenterbitcoin/eb-098
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter
- Twitter: http://twitter.com/epicenterbtc
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Created
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