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http://traffic.libsyn.com/sedaily/BlocksizeDebate.mp3Podcast: Play in new window | Download Visa processes 1,600 transactions per second. PayPal processes 193 transactions per second. Bitcoin processes only 3-4 transactions per second. In order to fulfill the dreams of financial programming–in order to get decentralized, peer-to-peer micropayments–Bitcoin needs a much higher transaction throughput. Bitcoin’s scalability issues have led to debates within the community and changes in the software. In this episode, Jordan Clifford gives an overview
http://traffic.libsyn.com/sedaily/Lendup.mp3Podcast: Play in new window | Download Loans give people more financial security. If people know that they can receive a loan, they will be more willing to take intelligent risks. A loan can allow for a short-term investment that pays off enough to justify the interest rate on that loan. For the lender, a loan can be a fantastic return on capital–as long as the lendee does not default.
“Nature, technology, and society ultimately will favor the more efficient, the better working systems.”
Ethereum is a decentralized platform for applications that are guaranteed to run exactly as expected via smart contracts.
Ripple’s secure payment infrastructure puts distributed systems security theory to a real-world test.
David Schwartz is Chief Cryptographer for Ripple Labs.
http://traffic.libsyn.com/sedaily/ethereum_stephantual.mp3Podcast: Play in new window | DownloadEthereum reporting in the podcast media shows a large hype-to-substance ratio. Technical and financial criticisms facing Ethereum are as real as those faced by bitcoin. This episode is a departure from Databases Week. Stephan Tual is CCO of Ethereum and founder of Ursium, a blockchain consulting company. Thanks to Reddit and Quora for questions. Questions Was Vitalik correct in his allocation of millions
http://traffic.libsyn.com/sedaily/sidechains_rusty_russell_fixed.mp3Podcast: Play in new window | DownloadA sidechain is a blockchain you can move bitcoins into and back from, which may have different abilities than the bitcoin blockchain. The lightning network is a caching layer for bitcoin, which allows instant sending and failover to the normal bitcoin network if something goes wrong. Rusty Russell is an Australian free software programmer and advocate, known for his work on the Linux kernel’s networking subsytem and the Filesystem
http://traffic.libsyn.com/sedaily/christian_ander_goobit.mp3Podcast: Play in new window | DownloadGoobit AB develops IT solutions on top of blockchain technology. Christian Ander is CEO of Goobit AB. Questions How is BTCX, Goobit’s bitcoin exchange, implemented? How did transaction volume change with the recent Ethereum trading volume? What are the steps to processing a bitcoin transaction? How does the minutiae of dealing with banks compare with that of running an engineering company? Will everyone have
http://traffic.libsyn.com/sedaily/bitcoin_andreas.mp3Podcast: Play in new window | DownloadBitcoin’s cultural implications inform the engineering opportunities and constraints. Andreas Antonopoulos is a bitcoin researcher, journalist, and evangelist. Questions What are the taboo topics within the bitcoin community? What do you think of when people say “we know bitcoin is the first real cryptocurrency, but the big question is whether it will be the last”? Were grey markets previously underserved before bitcoin? What is
http://traffic.libsyn.com/sedaily/greg_ripple.mp3Podcast: Play in new window | DownloadRipple is a real-time settlement system, currency exchange, and remittance network by Ripple Labs. Greg Kidd is an advisor to Ripple Labs and Chief Risk Officer at Shift Payments. Questions What is a distributed payments protocol? How does Ripple’s consensus work? How does Ripple process transactions asynchronously? How does Ripple maintain correctness, agreement, and utility? What is a “last closed ledger? What is Ripple
http://traffic.libsyn.com/sedaily/mmiller_btc_intro.mp3Podcast: Play in new window | DownloadBitcoin is the first application to be built on the blockchain, a breakthrough software concept. Michael Miller is the author of “The Ultimate Guide To Bitcoin” and 150 other books. Michael is an expert in explaining complex topics in ways which are comprehensible to the layperson. Questions What is Bitcoin? What is a blockchain? What is a fiat currency? What is Bitcoin’s value beyond speculation? What is