#192 – Charles Hoskinson: Cardano
Lex Fridman Podcast
Lex Fridman
4.7 • 13.6K Ratings
🗓️ 16 June 2021
⏱️ 305 minutes
🧾️ Download transcript
Summary
Charles Hoskinson is the founder of Cardano, co-founder of Ethereum, a mathematician, and a farmer. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Charles’s Twitter: https://twitter.com/IOHK_Charles
Charles’s YouTube: https://www.youtube.com/user/charleshoskinson
Cardano Website: https://cardano.org/
IOHK Website: https://iohk.io/
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(09:12) – What programming language is the simulation written in?
(14:17) – Favorite philosophers
(23:18) – Theory vs engineering in cryptocurrency
(34:27) – What programming languages should everyone learn
(42:42) – Haskell and beyond
(46:26) – Plutus: Cardano’s smart contract platform based on Haskell
(50:53) – What is a blockchain?
(55:05) – Hybrid smart contracts
(1:00:55) – Proof of work vs proof of stake
(1:09:42) – Cardano’s proof of stake consensus algorithm
(1:20:14) – What is Cardano?
(1:28:55) – Cardano vs Ethereum vs Bitcoin
(1:38:50) – The problem with Bitcoin
(1:48:24) – Bitcoin Conference
(1:52:05) – Ergo and Alex Chepurnoy
(1:59:15) – Cardano’s Extended UTXO Model
(2:06:27) – Chainlink and Oracle Networks
(2:13:40) – Cardano and Wolfram Alpha
(2:18:35) – The future of video games
(2:27:10) – Smart contracts timeline for Cardano
(2:34:40) – Decentralized exchanges
(2:40:21) – Jack Dorsey and Bitcoin
(2:46:33) – Elon Musk and Tesla: Cardano, Ethereum, Bitcoin
(2:49:50) – Dogecoin and Elon Musk
(3:01:11) – Hydra vs Lightning Network
(3:08:45) – Non-Interactive Proofs of Proof-of-Work (NIPoPoWs)
(3:12:39) – Cardano failure modes
(3:21:00) – Cardano vs Polkadot
(3:26:05) – Vitalik Buterin
(3:34:16) – Corrupting nature of power
(3:44:26) – Satoshi Nakamoto
(3:50:37) – Cardano’s vision for decentralized governance
(4:03:31) – Cardano in Ethiopia
(4:07:33) – El Salvador and Bitcoin
(4:13:50) – Cryptocurrency will inject capitalism with long-term incentives
(4:23:42) – Day in the life of Charles Hoskinson
(4:30:59) – Mushrooms
(4:37:07) – Joe Rogan
(4:42:00) – Video games
(4:54:14) – Advice for young people
(4:57:23) – Meaning of life
Transcript
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| 0:00.0 | The following is a conversation with Charles Hoskinson, founder of Cardano, co-founder of |
| 0:05.8 | Ethereum, and a mathematician who is one of the most well-read and knowledgeable people |
| 0:11.2 | on the technical side of cryptocurrency that I've ever spoken to. |
| 0:15.8 | Quick mention of our sponsors, Galala Games, All Form, Indeed, ExpressVPN, and A Sleep. |
| 0:23.4 | Check them out in the description to support this podcast. |
| 0:26.9 | As a side note, let me say that Charles is not just a mathematician or cryptocurrency |
| 0:31.4 | innovator, but also a Colorado-based farmer of bison and mushrooms, a gamer, a fisherman, |
| 0:40.5 | and a world traveler. |
| 0:41.9 | When I asked him if he has a nice professional picture of himself, he set me a picture of |
| 0:46.6 | him in Mongolia with a hawk on his shoulder, meeting the Mongolian president. |
| 0:52.8 | Not to me pretty much says it all, speaking to the humor and the intelligence of a man |
| 0:57.8 | who is bold, innovative, it does not shy away from a bit of fun and a bit of controversy, |
| 1:04.1 | which makes him a fascinating human being to explore ideas with. |
| 1:08.3 | I do want to say in terms of ideas that, at least to me, cryptocurrency is much bigger |
| 1:13.5 | than just the way for a few Americans to make a quick buck through meme-driven speculation. |
| 1:18.6 | It is technology that enables freedom from oppression, from suffering in the world, |
| 1:24.2 | because money is power. |
| 1:26.9 | Mongolia, for example, was a reminder of that for me. |
| 1:30.2 | Next day, after talking with Charles, I spoke with Wyoming Park, who is a North Korean |
| 1:34.5 | defector, and who spent time in Mongolia as many defectors do, in her and their escape |
| 1:40.6 | from North Korea. |
| 1:42.3 | Her story, the story of North Korea, the story of atrocities throughout the 20th century |
... |
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