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CRYPTO 101

Ep. 233 - Komodo, Namecoin, Vertcoin 101

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 20 May 2019

⏱️ 48 minutes

🧾️ Download transcript

Summary

*** this is not financial or legal advice *** https://komodoplatform.com Komodo is building an ecosystem that empowers developers and businesses with end-to-end blockchain solutions with no limits. Jason Brown is a part of Business Development at Komodo Platform, first getting into Blockchain in 2012, he has been active with the Komodo Platform since its predecessor, Supernet in 2015. With a background in psychology, philosophy and electrical engineering he focuses on onboarding a variety of ventures into the Komodo ecosystem. https://namecoin.org Namecoin is an experimental open-source technology which improves decentralization, security, censorship resistance, privacy, and speed of certain components of the Internet infrastructure such as DNS and identities. Daniel Kraft is a mathematician by training, holding a PhD in applied mathematics and a MSc degree in theoretical physics. I've been interested in Bitcoin since 2011, and been active as developer in the space since 2013. Since 2014, I've been the lead developer of Namecoin (the oldest blockchain besides Bitcoin) as well as contributor to Bitcoin Core. In 2018, I left my role as Senior Engineer at Google to become CTO of Autonomous Worlds, where we build the XAYA blockchain and platform for gaming. https://vertcoin.org Vertcoin was created in 2014. It is a direct hedge against long term mining consensus centralization on the Bitcoin mining network. Vertcoin achieves its mining consensus solely through Graphics Cards as they are the most abundant / widely available consensus devices that produce a reasonable amount of hashrate. This is done using a mining algorithm that deliberately geared against devices like ASICs, FPGAs and CPUs (due to botnets) making them extremely inefficient. Consensus distribution over time is the most important aspect of a blockchain and should not be taken lightly. It is critical that you understand what blockchain specifications mean/do to fully understand Vertcoin.
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Transcript

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0:00.0

Yo, yo, welcome to Crypto 101, the average consumer's guide to cryptocurrency.

0:03.2

This is Matthew Aaron.

0:04.2

And today, we have three more coins for 101.

0:06.7

We have Komodo.

0:07.7

Komoto was based off of a technology project called Supernet.

0:11.9

We mitigate a lot of the overhead issues that starting a new chain entails.

0:17.4

Namecoin.

0:18.1

Kelly, the origin of Namecoin, the underlying medium to build a decentralized domain name system and vert coin from an ethos standpoint

0:26.4

vertcoin still going right along the same as it was two years ago but before we get into that conversation

0:31.2

please go to our website there you can find ways to follow our social media or twitter crypto underscore

0:36.4

underscore one-on-one my personal aunt mat, crypto underscore underscore 101, my personal,

0:38.3

at Matthew underscore underscore 101.

0:41.0

Join our Facebook community, join the conversation of all kinds of people there to discuss

0:45.0

blockchain, cryptocurrency, and share their ideas, a like-minded community with no fud,

0:49.9

no harassment, just there to encourage you to learn about blockchain and cryptocurrency.

0:55.9

Remember, wherever you're listening to this episode, please hit the subscribe button, hit

0:59.6

five stars, and leave us a positive comment.

1:02.0

It helps us stay visible so more and more people getting into blockchain cryptocurrency

1:05.9

can find these shows to learn.

1:08.7

I want to say thank you to a couple people, the Crypto 101 editors for editing these episodes,

1:13.6

as well as our sponsor today,

1:15.2

Unchained Convention in Berlin,

...

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