Matt Liston of the Gnosis prediction market platform discusses the upcoming crowdsale and the structure of the DAO which will manage it’s development. When not DAO-whispering he composes algorithmic music and dreams of a future Skynet-on-a-blockchain. Ethereum is part of a movement in tech to create a decentralized infrastructure that will rely on an uncontrolled network of computers to be the arbiter between them, rather than a central service or agency. Its called a trustless system. We prefer...Skynet. Welcome to an oasis of futures – a safe place for extreme ideas.
Another double header episode! Up first, Don Konforty, who is an expert on collaboration via the net, and the wisdom of crowds. We also have Greg Meredith, who has been working in the blockchain space, helping Ethereum with formal verification of their proof-of-stake protocol, Synereo’s formally-verified smart contracting language would have prevented the attack on The DAO. They come on the show to discuss all these developments and more.
The Thiel Foundation has announced its 2016 Fellows with a new class of 29 people focusing on technology and software development. Thiel Fellows receive $100,000 to work on new projects that advance technology. Augur will be one of the first cryptocurrency-related projects joining the Thiel Fellows program. Joey Krug is currently making Augur’s consensus implementation faster and more accurate. That's not all! Listen now and you get Tony Swish, podcast regular, and Augur's Director of Marketing for free! Boom! Stacked episode playas!
Andrew Lee, co-founder of Purse, had a common frustration that Bitcoin didn’t offer any incentive for normal people to use it, and had a hunch that he could use blockchain escrows to liquidate Amazon gift cards and deliver great deals. That hunch proved to be correct - and transacted over $4.5M and saved users almost a million dollars. But we don't just talk about it -- we be about it, by....talking about it...with HIM! In addition, PopChest announced they are shutting down. Is this the end of bitcoin + microtransactions? We offer up our thoughts, ideas, and criticisms because we want and need PopChest to get better to serve the community to the best of their ability.
Things aren't looking good. Currencies everywhere are in dire restraints. The credit agency Fitch sees potential catastrophe for the EU if the Italian banking system fails. China is crash landing their economy. Right now the argument that bitcoin will die is very difficult to make based on past experiences. We tackle how bitcoin navigated in a world where massive currency crises are the norm. Who better to join us, right as the halvening hits, than Andreas M. Antonopoulos, who is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin. The next halvening is on July, 2020. See you there!
We've heard it all before, get rich quick; I'm successful, YOU can be successful too! Chris Dunn is a bit different though. He is solely on a journey to discover ways to create income, build wealth, and have complete freedom and autonomy in his life. He is just seeking out people to tell about bitcoin, laying down the risks, benefits and possibilities encountered in trading. Chris has deep experience in bitcoin trading and he has been successful for many years. This week, we share with you HIS bitcoin journey and we learn a thing or two! With the recent halvening, he'll show you what’s working now and what pitfalls to avoid.
OK, we've talked about the crazy DAO project, but what about solutions? Technically, it's not illegal. The 'hacker' played fair and square by rules that were entirely legit albeit obscure and somewhat hidden in the code. Well, Peter Vessenes thinks the best one for TheDAO token holders is a straight up refund. There are lots of possibilities forward. A surprising number of people have contacted us about a whitehat attack on TheDAO. If whitehats do go ahead and attack TheDAO with the goal of saving at least 70% of the funds, avoid lawsuits and lengthy bankruptcy proceedings, again, Refund Wallet. We discuss ALL this and more.