Matt Condon talks to us in depth about the technology behind cryptography, an overview of cryptocurrencies with a particular focus on Etherium, and the positives and negatives of cryptogaphy moving forward.
Synopsis:
00:00 – ‘Give us an intro of yourself and how you got into Crypto’
1:25 – ‘Give us a brief overview and history of Blockchain and the technology’
8:24 – ‘So, essentially what you are saying is that Blockchain technology is beyond a currency now and there are so many other ways we can utilize it?’
11:28 – ‘Everyone is aware of Bitcoin, but there are 1000’s of different coins. Some are more prolific than others. Can you talk us through on how each of the coins differ from one to another?’
13:32 – ‘What is Hashing?’
27:38 – ‘Give us an insight into Ethereum and why you think it has a lot more potential’
36:54 – ‘For people who are interested and wanted to invest today, what would be the next steps?’
42:34 – ‘How do you feel people just using cryptocurrency as a way of making money?’
46:53 – ‘I hear smart Bitcoin people argue about increasing bitcoin block size because bigger block size require better hardware. Ethereum has new blocks much more frequently but the transactions seem way more complicated. Is there something fundamentally different about the Ethereum protocol that protects against this form of centralization or do you think the fear is over blown in general?’
51:58 – ‘How do you think about the moral implications of Bitcoin and Crypto in general. Is it possible that the cost environmentally is greater than its benefits?
57:22 – ‘You’ve talked a lot about making distributed trust. Is there any research into making more centralized things? How can you really apply the whole block chain technology and what are the different levels?
1:00:22 – ‘The utility for criminals; arguably Crypto is the greatest money laundering tool ever devised. What do you think about that?’
1:03:30 – ‘Bitcoin has a market cap of approx. 150B, and I wonder how much of that is real transaction vs criminal transactions?’