Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

#058 Vitalik Buterin: Ethereum, Proof-of-Stake, The Future of Bitcoin

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

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At just 20-years young, Vitalik Buterin is one of the most brilliant minds in the cryptocurrency space. Previously, a co-founder of Bitcoin Magazine, he has conceptualized Ethereum, the most radical and ambitious cryptocurrency project since Bitcoin. After raising $18m in a crowdsale, a team of over 30 are working on launching the project by March 2015. In his work on designing a system for the future, he has been grappling with many of the hardest problems in the cryptocurrency space over the past year.

Topics covered in this episode:

  • How Ethereum has evolved since the white paper
  • The problems of Proof-of-Work
  • Why Proof-of-Stake is the future of consensus protocols
  • Why his main focus has been on consensus issues and scalability
  • Why Bitcoin will never be stable enough to price things in
  • The flawed ideology of ‘Bitcoin maximalism’ that prevents people from considering Proof-of-Work alternatives

Episode links:

This episode was hosted by Brian Fabian Crain & Sébastien Couture, and is availble on YouTube, SoundCloud, and our website.

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