Jameson Lopp & Peter Todd on Libra: Technical Analysis - WBD144

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.8 • 2.7K Ratings

🗓️ 3 September 2019

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Location: Skype
Date: Sunday, 14th July
Project: Casa & Independent Consultant
Role: CTO & Applied Cryptography Consultant

Libra promises to be the first distributed ledger to transition from a permissioned system to permissionless. However, it faces many significant technical challenges, many of which have yet to be solved by other cryptocurrencies.

One of the main issues Libra faces is scalability. At launch, Libra is tipped to offer 1,000 transactions a second, but with a network of potentially billions of users, this will very quickly reach maximum capacity.

Will Libra be able to solve its scaling issues? Will people care enough about Libra to want to use it? What happens when there are disagreements within the Libra foundation?

In the second episode of the Libra series, I discuss these issues with Jameson Lopp and Peter Todd, as we take a deep dive into the technical side of Facebook's Libra.

Transcript

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0:00.0	Welcome to the What Bit Bitcoin Did Podcast.
0:05.0	Hello there from sunny Los Angeles. How are you all?
0:09.0	How was your weekend? I'm just off the back of Russell O'Kung's Bitcoin is event and yeah it was a great
0:15.1	event for those who attended and all those I met I think you can agree they did a
0:19.1	really great job and I also hosted a fireside chat with Russell which I'm hoping to get released on the
0:24.2	podcast very soon.
0:25.8	Anyway, welcome to the What Bitcoin did podcast which is brought to you by the mighty
0:29.0	Cracken.
0:30.0	The best place for you traders to buy and sell Bitcoin.
0:32.7	Next up in my Libra series is an interview with Peter Todd
0:35.7	and Jameson Lop, where we review Libra's technicals.
0:38.5	But before that, let's hear from my amazing sponsors.
0:41.7	So first up, today's show is brought to you by BlockFi and I've just
0:44.9	received my latest entrance payment which is great I love it I love that my Bitcoin is
0:49.7	working for me every month and with BlockFi's latest funding around I'm really super confident for the
0:54.4	future of the company I'm happy to be invested with them I'm happy to have part of my
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1:16.2	but if you aren't interested in trying out any of these I recommend you head over to
	...

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