Ep. 352 - Deep Dive on IOTA, w/ founder Dom Schiener

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6 • 821 Ratings

🗓️ 25 November 2020

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of CRYPTO 101, brought to you by Gods Unchained, we sat down with Dominik Schiener from IOTA to talk about one of the most ambitious infrastructure projects going on in the world, the IOTA Tangle. If the Ethereum blockchain is like a coal power plant, the Tangle is a nuclear reactor core. Dominik gives us insights into the challenges of decentralizing something this unique and technically complex, as well as building out business development on the human side. We’re reminded that a project of such large scale can’t be compared to pretty much anything else in the crypto world, and will take a lot of time before it essentially acts as the underpinning to smart cities and smart roads of the future. One potential concern is something this amazing would be stolen or copied before it could really launch, but Dominik eased these concerns, and assured us the thousands of blockchain patents now held by Bank of America and Microsoft will not impede or impact what IOTA is building. Many people have heard about Direct Acyclic Graphs before in the blockchain industry, but the Tangle is a different variation of that, and we learn what those differences are in this episode. Listen in to see what all is being built on the Tangle and what household brands you know are already partnering with IOTA. Sponsored link: https://playgu.co/crypto101_3 Guest Links: https://www.iota.org/ https://twitter.com/DomSchiener Show Links: https://CRYPTO101podcast.com https://CRYPTO101insider.com Patreon: www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://twitter.com/PizzaMind https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2020 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	All right, what is up?
0:02.3	Crip Nation.
0:03.0	Welcome back to another episode of the Crypto 101 podcast.
0:06.1	And today's show is sponsored by God's Unchained, the digital card game that offers true
0:12.3	ownership to players.
0:14.1	So gamers, listen up here.
0:16.3	Cards are minted on Ethereum, meaning users can trade, sell, and program their assets however they like.
0:23.0	And actually a new expansion set just got released with limited edition cards and ERC20 chests available for sale.
0:30.1	And if you miss out, you can hunt down these or other previously sold out chests on third-party sites like Uniswap.
0:36.1	This game is the real deal, guys. It's
0:37.8	helmed by experienced TCG legend Chris Clay of Magic the Gathering. So guys, it is fun, it is
0:47.3	engaging, it is competitive, and it has more NFTs or non-fundable tokens, right, than any other
0:53.7	Ethereum game on the market. So you could
0:56.7	support the channel and you could try the game out for free. Just click the link in the show notes.
1:02.4	Before we dive in to our awesome, awesome guest and conversation today, I want to remind you guys
1:08.0	of two things. And the first one is that if you go to Crypto101insider.com, you can join our private community. Here's where we have our
1:16.9	model portfolio and all of our top picks. We also have Crypto 101 University, where we have
1:22.9	hours and hours and hours of written and video content that explains blockchain and explains
1:29.1	cryptocurrency in a very bite-sized and easy to understand way. And we have a weekly newsletter
1:35.8	that goes out and quarterly state of crypto addresses that go out. There is just a ton of value
1:41.2	packed into this every which way. So I want you guys first to go to
1:45.5	Crypto101insider.com today if you haven't already. I also want to remind you guys that
	...

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