Ep. 362 - Privacy vs. Transparency in Cryptocurrency Smart Contracts w/ Oasis Protocol

CRYPTO 101

Bryce Paul & Brendan Viehman

Business News, Business, Tech News, Investing, News

4.3 • 841 Ratings

🗓️ 24 February 2021

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of CRYPTO 101, we talk with Luca Cosentino from Oasis Protocol about smart contracts. Smart contracts power the DeFi ecosystem on the backend. Even if Uniswap or other DEX front-ends were to be seized or shut down, the trading would still continue and new interfaces would pop up somewhere else the very next day (or sooner). Oasis offers private smart contracts, a potentially revolutionary step forward in security. Crypto has two major conflicting ideologies, transparency vs privacy. Each use case seems to have a good argument for either, or sometimes both. Luca shares his thoughts on the advantages of private smart contracts, as well as the full-featured open finance ecosystem being built at Oasis. The hot topic of the day is, can Ethereum scale, and when? We get some insight from someone knowledgeable in the field. We also learned about a novel concept called Tokenized Data, and what may allow users to sell their data that they currently (and often unknowingly) give away for free today. Guest Links: https://oasisprotocol.org/ Show Links: https://CRYPTO101podcast.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 2021 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 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Our Sponsors: * Check out Mars Men and use my code Mengotomars.com for a great deal: https://mengotomars.com * Check out Mars Men: https://mengotomars.com * Check out NPR: https://npr.org * Check out Quince and use my code quince.com/crypto101 for a great deal: https://www.quince.com * Check out Scribe and use my code Scribe.how/CRYPTO101 for a great deal: https://scribe.com/Crypto101 * Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	All right, everybody, it is time for another episode of the Crypto 101 podcast.
0:06.0	But before we dive in to our awesome, awesome guest and conversation today, I want to remind
0:11.3	you guys of two things. And the first one is that if you go to Crypto101insider.com,
0:17.0	you can join our private community. Here's where we have our model portfolio and all of our top
0:22.6	picks. We also have a Crypto 101 University where we have hours and hours and hours of written
0:28.4	and video content that explains blockchain and explains cryptocurrency in a very bite-sized
0:35.7	and easy to understand way. And we have a weekly newsletter that goes out
0:40.2	in quarterly state of crypto addresses that go out. There is just a ton of value packed into this
0:45.7	every which way. So I want you guys first to go to Crypto101insider.com today if you haven't
0:53.5	already. I also want to remind you guys that Pizza Mind and I recently
0:58.2	just finished a book. It took 11 months of our lives to write and we're calling it Crypto
1:04.2	Revolution, your guide to the future of money. We walk you through this fascinating world of
1:10.8	cryptocurrencies and blockchain and it's and blockchain. And it's part
1:13.2	history book. It's part instructional guide. And it's going to really show you guys why cryptocurrencies
1:18.0	are globally disruptive and how they're going to actually change in real life and in real terms
1:23.7	the way that we buy and sell and even live. We include a bunch of how-toes on getting started
1:29.2	with your first exchanges. We give you tips on how to safely buy and sell and store cryptocurrencies,
1:35.9	as well as how do we evaluate potentially good cryptocurrencies and the best part of the books
1:41.1	that we're giving it away for free. All you have to do is pay for shipping and handling.
1:46.1	So go to CryptoRevolution.com and pick up your copy today.
1:59.7	All right, everybody.
2:01.3	Welcome back to another action-packed episode here at the Crypto 101 podcast.
	...

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