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Finding Genius Podcast

Brian Deery-Chief Scientist at Factom, on Atomic Swaps, Decentralized Exchanges and More

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 3 October 2017

⏱️ 54 minutes

🧾️ Download transcript

Summary

Brian Deery, Chief Scientist at Factom, returns to the podcast to offer his insight on a variety of topics, including atomic swaps and centralized versus decentralized exchanges. "Decentralized exchanges are badly needed…lower fees… higher liquidity…the absence of surveillance…political neutrality…and greater security," says Deery. So, why haven't decentralized exchanges already been widely adopted? What's stopping them from taking hold in the crypto world? Should people be putting their trust in centralized exchanges? Deery pulls from a wealth of knowledge to provide in-depth answers to all of these questions and more.
Tune in to hear Deery discuss more on the following:

* Exchange issues: including Mt. Gox, BTC-e, Bittrex, and ShapeShift
* How exactly atomic swaps work, and why they are necessary in order for decentralized exchanges to work
* The New York Agreement and political neutrality

Transcript

Click on a timestamp to play from that location

0:00.0

The Bitcoin, Ethereum, and Blockchain Super Conference is coming to Dallas, Texas, February 16, 17, and 18 in 2018.

0:09.0

If you know of a better way to get the latest insider knowledge about crypto, to hear directly from the top minds in this field,

0:16.0

to interact personally with 800 fellow crypto lovers, hodlers, investors, miners, traders, developers

0:22.9

and founders, then I'd like to hear about it.

0:25.9

If you don't, then you don't want to miss out.

0:29.0

Registered today for the Bitcoin, Ethereum, and Blockchain Superconference.

0:33.1

Go to Bitcoin Superconference.com and register today as a super early bird to get the lowest rates on tickets and hotel rooms.

0:41.5

That's Bitcoin superconference.com.

0:45.5

Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs.

0:51.8

Future Technologies are always to transform our lives for better or worse, are the focus of this podcast.

0:57.5

Almost here means these technologies are now here and starting to be used, or just around

1:02.6

the corner, from Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality,

1:09.0

and more.

1:10.3

Hello, this is Richard Jacobs with Future Tech Podcast.

1:13.5

My guest is a returning guest, Brian Deary, chief scientist at Factum.

1:17.8

And I keep coming back to Brian because he always got a lot of interesting things to talk

1:21.6

about in the cryptosphere.

1:24.1

He's got a lot of deep knowledge.

1:26.1

So today we're going to be talking about atomic swaps,

1:29.0

decentralized versus centralized exchanges and a few other interesting items, perhaps lightning

1:33.5

network. So Brian, how you doing? Thanks for having me back, Richard. Yeah. Good to see you. So

1:38.7

first thing, let's jump right into exchanges, centralized versus decentralized.

...

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