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The Let's Talk Bitcoin Network

The Let's Talk Bitcoin Network

Author: The LTB Network

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The main LTB Network feed contains all of the cryptocurrency related podcasts that make it to the front page of Let's Talk Bitcoin! You can expect a new episode or two most days subscribing to this feed.
564 Episodes
DD Episode #4 - Government & Regulation
I don't think crypto is the end all be all, but there is no one technology that is. However, if we can provide capital to people who for generations have been unable to have access to it, that's a major win for everybody.'"John CollinsDistributed Dialogues is a collaborative show between the Let's Talk Bitcoin Network and Distributed magazine. In each episode we'll introduce you to people who are using blockchain technology to change the way we interact with the world around us.What are the risks and rewards of government involvement in the crypto space? For enterprises, there are little to no regulatory hurdles. They essentially use blockchain technology as a new type of data system. On the other hand, the government's intended role has been to prevent nefarious activity, scams and any kind of pandemic economic crises. The ongoing point of contention, here, is assessing what level of involvement the state and its laws should have in open source projects. And if there is needed governmental input, would this type of involvement prevent decentralization?In this episode we will hear from two current and former government employees who act as significant points of contact between the cryptocurrency community and their respective governments, the United States and Taiwan. In between, we talk with Konstantin Richter in a sponsored interview, about his company BlockDaemon, which helps new companies build decentralized infrastructures by offering nodes-as-a-service.**This episode is sponsored by: BlockDaemonMusic by Ocean Jams via Creative Commons.
#248 Uri Klarman: bloXroute - Layer-0 Scaling with the Blockchain Distribution Network
Until now, proposals to improve blockchain scalability have addressed the problem in one of two ways. One seeks to increase efficiency by optimizing the blockchain or improving the consensus algorithm. The other comes in the forms of layer-2 solutions such as payment channels or side chains.However, none have addressed the core bottleneck to scalability: TCP/IP network limitations. Improving the speed at which blocks propagate through the network is the layer-0 problem few people consider when thinking about scaling.Fundamentally, network bottlenecks are what prevent blockchains from increasing their transaction throughput. Raising the block size or reducing the time between blocks has devastating effects on usability as the probability of a fork increases. At a certain point, the blockchain simply breaks as forks occur faster than blocks can propagate to all validators.Remarkably, the web figured out how to scale decades ago with the invention of Content Distributions Networks, or CDN. This is what enables platforms like YouTube to steam thousands of hours of video to hundreds of thousands of people every second. However, traditional centralized scaling solutions lack the privacy and censorship resistance necessary to serve the decentralized web.We're joined by Uri Klarman, CEO of bloXroute. Founded by a team of researchers and systems designers from Northwestern and Cornel University, including Emin Gƒn Sirer, bloXroute allows practically every blockchain network to 'œscale today.'As a scalability infrastructure service, their Blockchain Distribution Network, or BDN, sits underneath blockchain networks. Anyone operating a miner can use the BDN without any changes to their consensus algorithm or protocol. By simply pointing their software to a bloXroute node, miners immediately benefit from propagation speeds orders of magnitude higher than the time which is currently required for blocks to be seen by all validators. This global network of servers is optimized to receive and stream massive amounts of transaction data to vast networks of nodes and miners.While bloXroute relies on some level of centralization, it is provably neutral and cannot discriminate based on the contents, provenance or destination of a block. It also includes clever redundancy mechanisms which ensure availability in the event of an attack on the network.Topics discussed in this episode:Uri's journey as an academic working in the field of networkingDefining the blockchain scalability problem as a networking problemPast work and attempts to scale blockchainsThe vision behind bloXroute and the problem it aims to solveThe Blockchain Distribution Network (BDN) and its technical architectureHow the BDN optimizes blocks and achieves 1,000x faster propagation timesHow bloXroute archives provable neutrality and ensures network resiliencyThe BLXR token and incentive mechanismsThe project's goals, milestones, and product roadmapLinks mentioned in this episode: bloXroute WebsitebloXroute White PaperSponsors: Shapeshift: Buy and sell alt coins instantly and securely without a centralized exchangeSupport the show, consider donating: BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg ( 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd ( 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 ( episode is also available on :Epicenter.tvYouTubeSouncloudWatch or listen, Epicenter is available wherever you get your podcasts.Epicenter is hosted by Brian Fabian Crain, Sƒbastien Couture & Meher Roy.
DD Episode #3 - Privacy & Trust
"Remember the story of Frankenstein. Frankenstein wasn't the monster; Dr. Frankenstein was the young scientist who was so excited about what he could build that he didn't forsee the possible ramifications' I hope that the new age coming to mankind remains one where the consent of the governed still matters."'"Patrick Byrne This episode was recorded at the 2018 Distributed Conference in San Francisco, CA. Sometimes there is streetcar noise--such is life.Distributed Dialogues is a collaborative show between the Let's Talk Bitcoin Network and Distributed magazine. In each episode we introduce you to people who are using blockchain technology to change the way we interact with the world around us.As a currency, Bitcoin is not controlled or supported by a third party entity such as a bank or government. And while the idea of everyone using a currency that no one controls can seem chaotic and counterintuitive, many people see it as the best alternative to the internet's current paradigm.Recently, it's been made clear that paradigm is one where an online user's most intimate information can be readily accessed by third party entities such as Google and Facebook and sold to companies with more nefarious goals, like Cambridge Analytica. One great hope of blockchain technology is that it could help create a new version of the internet that puts control of privacy and trust back into the hands of its users.In this episode we speak with David Chaum, cryptographer and creator of Digicash, Rebecca Lerner, Executive Vice President of the Mad Network, Reuben Yap, COO of Zcoin and Patrick Byrne, CEO of and Executive Chairman of tZERO.This episode is sponsored by: MAD & ZcoinMusic by Ocean Jams via Creative Commons.
WBD #29 An Interview with Jamie Burke
'œIt is probably going to be true, as in most tech cycles that the first attempts at something won't be the ones that succeed.''" Jamie BurkeInterview location: LondonInterview date: Tue 8th August 2018Company: Outlier VenturesRole: CEOThe Crypto bear market has highlighted the lack of value creation within the space. While Bitcoin has many proven use cases, protocols, DApps and other altcoins are under increasing scrutiny from investors and market analysts. While there are plenty of theories on how the financial and technology markets will be disrupted with decentralised blockchain based ideas, there are few, if any, proven and sustainable Crypto startups. This raises some questions:Do any project outside of Bitcoin require a blockchain?Do users care about decentralisation?Are these all just shitcoins?Significant money has been invested in these new protocols and DApps, but many are struggling to ship, and those who do ship are struggling to gain traction. Supporters will argue that we are early, and that patience is required, but are these Crypto startups trying to solve problems which do not exist?Building DApps is hard and smart contracts come with many complications. Still, this hasn't stopped investors from investing and coders from building. Only time will tell as to whether there is a need for blockchains outside of the Bitcoin 'Sound Money' theory or whether this is one large innovation bubble heading for a crash.This week I interview Jamie Burke from Outlier Ventures who has invested in a number of token-based blockchain startups. We discuss token economies, the fat protocol thesis which Jamie wrote a supporting piece about called the hungry protocol and the path to decentralisation.This episode is also on:iTunesYoutubeStitcherGoogle PlayTuneInListen to more What Bitcoin Did episodes
#247 Ryan Selkis: Messari - Bringing Transparency and Self-Regulation to the Blockchain Industry
Since he started blogging as Two Bit Idiot in 2013, Ryan Selkis has been both industry insider and industry critic. Consistently calling out excesses and abuses, but also maintaining his sights on the long-term potential. He recently founded Messari, a project that aims to bring more transparency and fairness to the industry. Messari has narrowed in on siloed, inaccurate and incomplete data as a key factor that allows insiders to profit at the expense of the public. We talked about the various ways in which Messari tackles that problem, ranging from a community-led effort to gather project data to the ambitious goal of a token-curated registry of stand-up projects.Topics discussed in this episode:Ryan's start into the crypto industry as pseudonymous blogger Two Bit IdiotHis insights from being the Digital Currency Group's first employeeCoinDesk and the challenges of journalism in cryptoWhy poor and inaccurate information benefits industry insiders at the expense of retail investorsMessari's mission to lead a self-regulatory effort for the crypto industryHow an open, distributed crypto data library could help create a fairer playing fieldThe plans for Messari's token-curated registry of projects following reporting standardsThe economics and game theory around the Messari token and TCRLinks mentioned in this episode: Messari - Crypto News, Pricing, and ResearchIntroducing Messari: An Open-Source EDGAR Database for CryptoassetsMessari Whitepaper[A token to self-regulate tokens. But really.]( network value, market cap, rankings & metrics | OnChainFXRyan Selkis (@twobitidiot) | TwitterMessari Community Analyst ApplicationSupport the show, consider donating: BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg ( 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd ( 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 ( episode is also available on :Epicenter.tvYouTubeSouncloudWatch or listen, Epicenter is available wherever you get your podcasts.Epicenter is hosted by Brian Fabian Crain, Sƒbastien Couture & Meher Roy.
DD Episode #2 - Checks And Balances
"There's a natural inclination to believe humans or structures are the problem, that if we just wrote software that made things run automatically and such malfeasance impossible, then we would end up in some gorgeous world. I think there's a lot to that concept, but you don't need to turn the keys over to the algorithms to make that happen."'"Brian BehlendorfDistributed Dialogues is a collaborative show between the Let's Talk Bitcoin Network and Distributed magazine. In each episode we introduce you to people who are using blockchain technology to change the way we interact with the world around us.Blockchain technology has catapulted us into a fast-paced technological present of rapid software development and industry disruption. It seems like everyday a new project is proposing greater efficiency or protection for some aspect of our lives: healthcare, privacy, data storage, the list goes on. But at the same time, the role of the human, the developer, the citizen, is more significant than ever. Blockchain technology promises a more accountable future; however, if managed incorrectly, it could also make more room for digital tyranny. So, today's episode explores the various ways that people and organizations plan to use blockchain technology to do social good, without solely leaving control to algorithms.In this episode we hear from a human rights activist, Alex Gladstein, and an early internet software pioneer, Brian Behlendorf, about how blockchain technology could check and balance power. In between, we talk with Flux, an open source blockchain-based project that is trying to revolutionize agriculture. This episode is sponsored by Flux.Music by Ocean Jams via Creative Commons.
What Bitcoin Did #28 An Interview with Pierre Rochard
'œBased on our understanding of monerary economics, the outcome will be such that most of the value will accrue to one coin and one coin will at the very least be the world reserve currency, and even more than that, the one global money.''" Pierre RochardInterview location: SkypeInterview date: Sun 29th July 2018From: Noded Bitcoin Podcast & Nakomoto InstituteIn December 2016, I opened a Coinbase account to buy Bitcoin. It was a straightforward process: Google "buy Bitcoin", click on Coinbase link, register an account, deposit from the bank and buy. What I was not prepared for was the option to buy Etheruem too. I had never heard of it and had no idea what it was, but whatever, it was only $9 so I bought some of it too.I had no bias; Bitcoin was something I had been aware of for years, though not on any deep economic or political level. Ethereum for me was another Bitcoin, but a cheaper Bitcoin, probably something many new entrants to Crypto feel at first. I didn't know about decentralisation, why it is important or the differences between the two coins, I just bought them without thinking too much about it. I didn't stop there, I bought Monero, Dash, Augur, Ripple and so on, endless other coins, endless other opportunities to make money.Over time, I have found myself researching and trying to understand the business and use cases for each coin while becoming more aware of a group of Bitcoiners, known as maximalists, who have a significant disregard for any Crypto outside of Bitcoin. Having spent too much time arguing on Twitter and increasingly finding myself blocked by some of these people, I decided to spend more time understanding maximalism, what it is I am missing, why are this group of people so anti altcoins.I have been reading Saifedean's book, The Bitcoin Standard and I binged on all episodes of the Noded Bitcoin Podcast by Pierre Rochard. This content, along with the bear market asking serious questions with regards to altcoin use cases has pushed me closer to understanding maximalism. Am I a convert? No. My intention is always to keep an open mind and watch the market develop. I also believe that altcoins and tokens have a net benefit to Bitcoin and likely there will be some projects which find a place in the ecosystem. I do though understand there will only be one winner with regards to a digital store of value, and the most likely candidate for that is Bitcoin.I expect there are many people like me, who have either come to Bitcoin recently or who do not have the broad technical, economic or political experience to understand the reasoning being maximalism. There are others too who see altcoins as an economic opportunity and do not care for the Bitcoin narrative.I want to spend some time exploring Bitcoin, the history and reasoning for maximalism and why it is important. As such, this week I have an interview with Pierre Rochard, host of the Noded Bitcoin podcast and co-founder of the Nakamoto Institute. We talk about Bitcoin Maximalism, the net benefit of altcoins to Bitcoin and hyperbitcoinization.This episode is also on:iTunesYoutubeStitcherGoogle PlayTuneInListen to more What Bitcoin Did episodes
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Apr 13th
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