Cryptonomex: The Blockchain Development Company of Speed and Scale

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 31 July 2017

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

"That's the real sweet spot of what Dan has done…he invented the real-time blockchain, and that means transactions happen as fast as you can spin a slot machine," says Stan Larimer, referencing his son, Dan Larimer. As CEO of Cryptonomex, Stan Larimer sustains the technology that his son creates. And it's true: instead of taking hours-or in some cases even days- tens of thousands of blockchain-based transactions can now take place every second.. Cryptonomex began with the purpose of creating BitShares, which in and of itself is an idea that's just four years old. Since its creation, it has become a "complete digital currency exchange and SmartCoin factory," says Stan Larimer. But that's not all that has evolved from Cryptonomex…Click play to learn more.
Larimer also discusses:

Steemit: what is it, how it was conceived, and how it evolved from BitShares
"Bitcoin millionaires" and the "billion-dollar campaign"
The factors and mechanisms that allow for faster transactions, including the elimination of mining, and the optimization of computations

Transcript

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0:00.0	The Bitcoin, Ethereum, and Blockchain Superconference is coming to Dallas, Texas, February 16, 17, and 18 in 2018.
0:11.9	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,
0:18.4	to interact personally with 800 fellow crypto lovers,
0:22.4	hodlers, investors, miners, traders, developers and founders, then I'd like to hear about it.
0:28.6	If you don't, then you don't want to miss out.
0:31.6	Registered today for the Bitcoin, Ethereum, and Blockchain Superconference.
0:35.9	Go to Bitcoin Superconference.com and register today as a super early bird to get the lowest rates on tickets and hotel rooms.
0:44.3	That's Bitcoinsuperconference.com.
0:48.8	Welcome to Almost Here, Around the Corner of Future future technology podcasts with Richard Jacobs.
0:55.3	Future technologies, ways to transform our lives for better or worse,
0:59.1	for the focus of this podcast. Almost here means these technologies are now here and starting to
1:04.5	be used or just around the corner, from Bitcoin to artificial intelligence, 3D printing,
1:10.4	blockchain, virtual reality, and more.
1:13.2	Hi, this is Richard Jacob with the Future Tech podcast.
1:16.6	I have as my guest, Stan Larimer, CEO of Cryptonomic.
1:21.0	Stan, how are you doing?
1:22.2	Yeah, very good.
1:23.5	It's Cryptonautics.
1:25.2	Ciptonomics.
1:26.4	Yes, we were founded by Danermer, who is the developer of BitShare's statement and not working on EOS.
1:35.6	So that's sort of our background.
1:37.6	And Dan is, you know, same last name as you, is he, what relation is he to you?
	...

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