Vitalik Buterin: Ethereum, Proof-of-Stake, The Future of Bitcoin
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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:
- Ethereum
- How to get started: Your first DApp in under one hour
- Ethereum Proof-of-Concept 7
- Proof of Stake: How I Learned to Love Weak Subjectivity
- Slasher: A Punitive Proof-of-Stake Algorithm
This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/058
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