Distributed Ledger Technology and the Promise of Consensus | Power, Money and Governance in the 21st Century
Hidden Forces
Demetri Kofinas
4.8 • 1.6K Ratings
🗓️ 25 December 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
In this Christmas Day release of Hidden Forces, Demetri Kofinas addresses questions related to a documentary released by Mike Maloney about hashgraph and the promise of distributed ledger technology.
Demetri was featured prominently in Part 2 of the documentary, which included reference to the Hashgraph Founders panel put together by Hidden Forces in early-to-mid October of 2017.
How can a patented consensus algorithm replace an open-source blockchain protocol? How do the problems of governance and the politics of census factor into the thinking of the hashgraph team? How can hashgraph (currently, operating only in permissioned networks) be reasonably compared to public blockchain networks like ethereum or bitcoin?
Demetri also shares his thoughts on bitcoin, its uninspiring value proposition, and the mania around cryptocurrencies, altcoins, and ICO's.
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
Transcript
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| 0:00.0 | What's up everybody? Merry Christmas. I hope you're all surprised. This is my Christmas |
| 0:14.1 | present to you. I decided to do an episode, a little recording here on Christmas Day. I know we're |
| 0:19.7 | supposed to say happy holidays in the |
| 0:21.0 | United States and normally I do do that, but it is Christmas Day so I think I can get |
| 0:25.2 | away with saying Merry Christmas. So I hope you're all having a Merry Christmas and a happy |
| 0:30.7 | Christmas morning. So we don't have a guest for today and likely won't for New Year's Day, which is the next |
| 0:40.0 | Monday. It happens to be that both of our, our episodes and dates are falling on holidays. And so, |
| 0:47.6 | I'm probably going to release, if I release anything, I'll release something similar next week, |
| 0:52.0 | but I'll make a good point for it to be good, because I'm actually going to be away for the week, and I'll have a studio at my disposal that I'll be able to record at, hopefully, stress-free. |
| 1:02.2 | It's been a very intense week. |
| 1:05.5 | For those of you who don't know, Mike Maloney, who is the founder of gold silver and has created a bunch of really |
| 1:13.3 | successful documentaries, some of which have had millions of views. I was actually in his second |
| 1:19.9 | of the Hidden Secrets of Money series years ago, and in fact, it was during the time, and some |
| 1:25.9 | of you know I had a brain tumor and uh I had |
| 1:29.7 | developed symptoms of dementia in 2013 as a result of that tumor without knowing that I really |
| 1:34.5 | had dementia other than I was exhibiting symptoms and I had dementia when we did the documentary |
| 1:40.6 | unbeknownst to me but I seemed seemed totally fine, apparently. I didn't have |
| 1:46.2 | dementia this time, though, and he interviewed me. In fact, Mike came to New York for the |
| 1:51.6 | hashcraft panel that all of you heard in the audio of the podcast, and some of you hopefully, |
| 1:57.1 | many of you hopefully watched on YouTube, whether you saw it on the Hidden Forces |
| 2:01.9 | channel or the assemblage channel, which now has, I think, close to or actually over 20,000 |
| 2:07.4 | views. |
... |
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