EB57 – Allen Scott & Ian DeMartino: CoinTelegraph and The Rise of Crypto-Powered Independent Media
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CoinTelegraph Chief Editor, Allen Scott, and writer, Ian DeMartino join Sebastien (Brian is away) for a conversation about the independent Bitcoin media. Cryptocurrencies enable new business models and monetization opportunities for content producers, which CT is fully utilizing. Allen and Ian explain their innovative system whereby content creators are paid according to the success of their articles, which it determines by measuring the number of shares on social media. CoinTelegraph is an independent news site that specializes in Bitcoin and digital currencies. Freelance writers, who all get paid in Bitcoin, produce the vast majority of their content. CT's long-term ambition is to grow along with Bitcoin and become a front runner in the cryptocurrency news space.
Support the show, consider donating:
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Naming systems are an important component of any networked information system. It's difficult to imagine how the Internet could have been adopted by the masses had it not been for the Domain Name System, which translates machine-readable IP addresses into human-readable domain names. Blockchains, with their long and complex address formats, suffer from a similar problem. One might think a solution would be to apply the same naming system architecture we have for the public Internet to public blockchains. But DNS, in the eyes of many, is a largely flawed system. Centrally controlled by the Internet Corporation for Assigned Names and Numbers (ICANN), Internet domain names are vulnerable to censorship and barriers to entry are kept artificially high – registering a new Top Level Domain (ex: .epicenter) costs hundreds of thousands of dollars.
We're joined by Alex Van de Sande and Nick Johnson to discuss their approach to creating an open, secure and decentralized naming system for the Ethereum Network. The Ethereum Naming System (ENS) allows users to register .eth domain names, which can be used in supporting Ethereum wallets and clients. Names are reserved by placing a deposit in a smart contract and can be mapped to any Ethereum addresses. So rather than sending funds to 0x8cd...0935, one would simply need to type a memorable name like epicenter.eth into their wallet. Backed by the Ethereum Foundation, ENS will likely become the defacto standard for name registration in Ethereum.
Topics discussed in this episode:
- Alex and Nick's respective backgrounds and roles in the Ethereum Foundation
- How the Internet's Domain Name System works
- The problems and pain points with DNS and how it is governed today
- What is ENS and what problems it is addressing
- The ENS auction system and how names are registered
- The different parties involved in ENS
- ENS's technical architecture and governing smart contract
- The current governance model of ENS and future plans for increased decentralization of governance
- ENS's economic model and technical roadmap
Links mentioned in this episode:
- Ethereum Name Service: https://ens.domains
- ENS Registrar: http://registrar.ens.domains/
- ENS Github Project: https://github.com/ethereum/ens/
- ENS Gitter Channel: https://gitter.im/ethereum/go-ethereum/name-registry
- ENS Twitter Bot: https://twitter.com/EnsBot
Sponsors:
- Ledger: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER - http://ledgerwallet.com
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
This episode is also available on :
- Epicenter.tv: https://epicenter.tv/183
- YouTube: http://youtu.be/rBx5UPzF68w
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-183
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
Support the show, consider donating: 1HK9HmWCTVvA6hH6nVQ33fycbU5ZrEFgwf (http://bit.ly/2huTEdi)
Few crypto projects have gotten as much attention and caused as much controversy as Steem. The blockchain-based social media platform launched early this year and managed to gain real user traction building up a vibrant community of contributors. The Steem token quickly entered bubble territory reaching a market cap of almost $400m and losing 90% of its value since.
Steem Co-Founder and CEO Ned Scott joined us to discuss the ambition of the project and its short tumultous history. We also discussed some of the accusations against Steem and its unorthodox launch.
Topics discussed in this episode:
- How Steem was launched out of the BitShares community
- The different components and tokens of the Steem system
- How Steem rewards content contributors
- The controversial Steem launch and criticisms of the project
- Why Steem transitioned from Proof-of-Work to Proof-of-Stake
- The potential disbalance of power due to the Steem distribution
- How Steem managed to build a vibrant user community
Links mentioned in this episode:
- Steem Website: https://steem.io/
- Steemit.com: https://steemit.com/
- Why Every Blockchain Needs a Constitution: https://steemit.com/blockchain/@dan/why-every-blockchain-needs-a-constitution
- Charlie Shrem Article on Steem Launch: https://steemit.com/steem/@charlieshrem/was-the-launch-of-steem-a-scam-or-the-only-legal-way-thoughts-on-steem-by-charlie-shrem-a-week-later
- The History of Steem Launch in Words of Dan Larimer: https://steemit.com/steem/@joseph/the-history-of-steem-steemit-launch-in-the-words-of-dan-larimer-from-the-early-launch-days
- Bitcoin Talk Thread on Steem Launch: https://bitcointalk.org/index.php?topic=1427230.0
- Bitcoin Stackexchange: What is Steem?: http://bitcoin.stackexchange.com/questions/46007/what-is-steem-and-steemit
Sponsors:
- Ledger: Smart card security for your Bitcoins - Get 10% off your first order when you use the code EPICENTER - http://ledgerwallet.com
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
This episode is also available on :
- Epicenter.tv: https://epicenter.tv/162
- YouTube: http://youtu.be/gg_MHqXa4yI
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-162
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
Volatility has been a great challenge for users of cryptocurrencies. Developing decentralised currencies that track the value of relatively stable indices such as the CPI is one of the hardest, long-outstanding challenges of the crypto-economy.
In this video, I interview a talented developer and theorist, Nikolai Moshegian, who is building Maker, a Decentralised Autonomous “Central Bank” issuing a stable currency called Dai that tracks the value of the SDR (Special Drawing Rights).
Our conversation covered themes such as:
How the Maker system of contracts would work.
How and why would the Dai be stable in value?
What backs the Dai stable coin? What would happen if the backing asset of Dai collapses in value?
Why did Maker not do a pre-sale of their tokens.
Check out the video to get an appreciation of modern approaches to make stable currencies and challenges associated with the same.
Links:
Maker website: https://makerdao.com/
Maker whitepaper: https://makerdao.com/dai02.pdf
- Visit our website: http://epicenterbitcoin.com
- Subscribe to the podcast: http://soundcloud.com/epicenterbitcoin/
- Follow us on Twitter: http://twitter.com/epicenterbtc
I caught up with Jamie Burke and Aron van Ammers, who are exploring a really cool direction - credit unions built using smart contracts.
Credit Unions are organisations that match borrowers and lenders that have some level of mutual trust - for example connecting alumni of a university who have liquidity with current students needing liquidity (loans).
We explore how smart contracts could enable the next generation of credit unions through themes such as:
Current challenges with credit unions - underutilisation of capital, governance challenges.
Advantages of moving to a smart contract architecture.
Participants and design of money circle.
Potential challenges with the idea.
The team behind Money Circles.
Check out the video to get an appreciation of how global jurisdiction independent blockchains and smart contracts could enable normal people to better achieve their financial aims and build a better society.
- Visit our website: http://epicenterbitcoin.com
- Subscribe to the podcast: http://soundcloud.com/epicenterbitcoin/
- Follow us on Twitter: http://twitter.com/epicenterbtc
Crypto-enthusiasts must have chanced across the concept of the DApp browser - software that enables regular users to interact with Decentralised applications. Some people describe them as the equivalent of skin to the muscle and skeleton of Ethereum. I caught up with Aaron Davis, also known as Kumavis, who is developing Metamask, an extension that transforms a normal browser into a dapp browser.
Topics covered include:
What exactly is a Dapp browser and why do we need one?
What components does a Dapp browser have?
The aims and current status of the Metamask project.
Differences between Metamask and Mist, the ‘official’ Ethereum Dapp browser.
Check out the video if you’ve been confused about what Dapp browsers are or want to understand the future user interface to Decentralised applications.
Links:
Metamask website: https://metamask.io/
- Visit our website: http://epicenterbitcoin.com
- Subscribe to the podcast: http://soundcloud.com/epicenterbitcoin/
- Follow us on Twitter: http://twitter.com/epicenterbtc
Support the show, consider donating: 1FVQZcbY2pBDMBwHq2ZkNSeLx9F9Dt1ts2 (http://bit.ly/2k3JMFz)
In the last year, blockchain protocols have matured at an exciting pace. Open source projects like Ethereum, the Eris stack and Tendermint are behind much of the experimentation being conducted at leading companies. These protocols would not be where they are today if it wasn't for the hard work of dedicated open source developers.
One of those people is Rick Dudley. An opinionated and passionate developer, Rick is involved in multiple projects. He works as a DevOps at Monax, works closely with Vlad Zamfir on implementing Casper in Ethereum, is a leading member of the Coala organization and is Founder and CEO of the startup Vulcanize. Rick gives us insider insights on Ethereum and on how the project may evolve, in particular, once Casper is implemented and when more robust, strongly typed language VMs are made available to the protocol.
Topics discussed in this episode:
- How Rick got involved with blockchain and Ethereum
- His views on the Ethereum's planned transition to Casper
- The risks and benefits of moving to Casper
- The subtle differences between Casper and Tendermint
- The recent break up of the Synereo project
- Greg Meredith's work on Rchain and Rholang, and how that relates to Ethereum
- Potential synergies between Zcash and Ethereum
- Vulcanize and VulcanizeDB
Links mentioned in this episode:
- Time waits for no one (Medium post): https://medium.com/@AFDudley/time-waits-for-no-one-c77a2ed20380
- Method for portability of information between multiple
servers patent: https://patents.google.com/patent/US7962751B2
- Vulcanize.io: http://vulcanize.io/
- Coalition of Automated Legal Applications: http://coala.global
- Epicenter episode with Vlad Zamfir: https://epicenter.tv/episode/105/
- Strong and weak typing - Wikipedia: https://en.wikipedia.org/wiki/Strong_and_weak_typing
- π-calculus - Wikipedia: https://en.wikipedia.org/wiki/%CE%A0-calculus
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/168
- YouTube: http://youtu.be/yiAET6izl8I
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-168
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
I caught up with Piper Merriam, who is the creator of the Populus IDE and Ethereum Alarm Clock. The Ethereum Alarm Clock is a live system of smart contracts that enables users to schedule calls for the future on the Ethereum network.
For instance, if you would like a contract to send you 100 ether 2 days later, you can order this kind of “future transaction” with the Ethereum Alarm Clock system.
Here he explains:
What Ethereum Alarm clock is and how it works.
How the design of the clock is trustless and decentralised.
Incentive structures. Why should people use the clock and how are system maintainers compensated?
Business opportunities for Ethereum enthusiasts with the Alarm clock.
Future plans.
Links:
Ethereum Alarm clock documentation: http://www.ethereum-alarm-clock.com/
- Visit our website: http://epicenterbitcoin.com
- Subscribe to the podcast: http://soundcloud.com/epicenterbitcoin/
- Follow us on Twitter: http://twitter.com/epicenterbtc
Support the show, consider donating: 19AG8qZ2a3hDaSvmgRjjDiKkWQBkSg5UKM (http://bit.ly/2jHyAwM)
One of the key issues with blockchain networks is the lack of interoperability. In the early days of Bitcoin, blockchain interoperability was far from people's minds. However, as new networks continued to emerge and gain traction, the ability to move assets freely from one blockchain to another has become a critical feature.
We're joined by Jae Kwon, CEO and Founder of Tendermint, the team which is launching the Cosmos Network. Cosmos aims to build the internet of blockchains: A global network of blockchains, connected through hubs that allow trustless token transfer. Jae joined us to discuss the Cosmos vision, the underlying Tendermint consensus algorithm and upcoming fundraiser.
Topics discussed in this episode:
- What Cosmos is and the problems it hopes to solve
- How Tendermint and Ethereum relate to Cosmos
- How Cosmos differs from other attemps to solve blockchain interoperability
- Cosmos' consensus algorithm, BFT-PoS
- The role of Hubs and Zones in the Cosmos Network
- Cosmos' native asset, Atom, and its role in creating liquidity for inter-blockchain exchange
- How validator nodes will be chosen
- Governance in the Cosmos Network
- Applications for Cosmos
- The Atom fundraiser and Cosmos' product roadmap
Links mentioned in this episode:
- Cosmos: Internet of Blockchains: https://cosmos.network
- Tendermint: https://tendermint.com/
- Epicenter 113: Tendermint - Private Modularized Blockchains: http://epicenterbitcoin.com/podcast/113
- Cosmos Whitepaper: https://cosmos.network/whitepaper
Sponsors:
- MerkleWeek: Blockchain Training, Keynotes & Hackathon in Paris from March 9th to 12th - Get 30% off with promo code EPICENTER - http://www.merkleweek.com/
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
This episode is also available on :
- Epicenter.tv: https://epicenter.tv/170
- YouTube: http://youtu.be/t885QSY0sNQ
- Souncloud: http://soundcloud.com/epicenterbitcoin/eb-170
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.
Support the show, consider donating: 14PRgGymfhzY19Jw7x3T9DrXD5Jjxo76JV (http://bit.ly/2hgRr1l)
One of the shortcomings of decentralized smart contracts is their inability to retrieve information from the outside world. The deterministic nature of Etehreum-style blockchains makes it impossible for them to incorporate functions allowing them to do things such as make API calls to websites and data feeds. Though oracles are often cited as the solution to this problem, they require users to place a high level of trust in their operators, a model which would undermine the very nature of a decentralized smart contract.
Ari Juels, a Professor at Cornell Tech (Jacobs Institute) and former Chief Scientist of RSA, joins us to discuss his work on Authenticated Data Feeds for Smart Contracts. These 'Town Crier' feeds would act as bridges between smart contracts and websites, srapping data over TLS and feeding to to a smart contract. Relying on sophisticated hardware enclave technology (Intel SGX), one who uses a Town Crier feed would not need to trust its operator as code execution would be guaranteed signed by the hardware.
Topics discussed in this episode:
- Ari's background in cryptography and cryptocurrencies
- The pain points with oracles as we describe them today
- The idea behind Authenticated Data Feeds
- The hardware and software architecture of the Authenticated Data Feed model and how hardware isolation works
- How Authenticated Data Feeds could be used to create criminal smart contracts
- The differents ways in which criminals could use Authenticated Data Feeds to release bounties for crimes such as private key theft or even murder
- Countermeasures which may prove effective in fighting criminal smart contracts
- The Initiative For Cryptocurrencies & Contracts (IC3) and its raison d'être
Links mentioned in this episode:
- Ari Juels' website: http://www.arijuels.com
- Town Crier: An Authenticated Data Feed for Smart Contracts (white paper): http://www.initc3.org/files/tc.pdf
- The Ring of Gyges: Investigating the Future of Criminal Smart Contracts (white paper): http://www.initc3.org/files/Gyges.pdf
- IC3 - The Initiative For Cryptocurrencies & Contracts: http://www.initc3.org/
Sponsors:
- Jaxx: Wallets that Unify the Blockchain Experience Across Devices - http://jaxx.io
Watch or listen, Epicenter is available wherever you get your podcasts.
Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.