Leemon Baird | Hedera Hashgraph: A Revolutionary New Public Ledger and Governance Framework
Hidden Forces
Demetri Kofinas
4.8 • 1.6K Ratings
🗓️ 19 March 2018
⏱️ 80 minutes
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Summary
In Episode 36 of Hidden Forces, host Demetri Kofinas interviews Leemon Baird about the launch of Hedera Hashgraph, a public ledger built atop the hashgraph consensus protocol that aims to serve as the trust layer of the modern Internet.
Hedera implements a suite of solutions that we have never seen before in a public ledger. Its method of governance is unique. Its open review approach to software development challenges the paradigm that has dominated the world of cryptoeconomics for the past decade. Its approach to database sharding allows for massive increases in throughput and its approach to proxy staking incentivizes ownership without the burden of having to stand your own node.
Is the technological superiority of hashgraph enough to secure its success as the utility protocol of the future, or will blockchain developers reject a model of governance that demands stability over the right of any one individual to copy the code and fork the ledger?
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
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Transcript
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| 0:00.0 | What's up everybody? |
| 0:01.0 | What's up everybody? |
| 0:02.0 | What's up, |
| 0:05.0 | what's up everybody? |
| 0:08.0 | What's up everybody? |
| 0:11.0 | Welcome to this week's episode of Hidden Forces with me, |
| 0:14.0 | Demetric of Phoenix. In this week's episode I released the audio from my |
| 0:18.7 | exclusive Sit Down, Video Interview with Lehman Baird, the inventor of Hashcraft ahead of the now completed |
| 0:25.7 | launch of Hedera, a revolutionary public ledger built atop the Hashcraft Consensus Protocol.aderra implements a suite of solutions that we have never seen before in a public ledger. |
| 0:38.0 | Its approach to governance is unique, its anticipatory attention to regulatory compliance preemptive and its innovative |
| 0:45.7 | perspective on the question of open source versus open review challenges the |
| 0:50.6 | paradigm that has come to dominate the first 10 years of software development in |
| 0:55.7 | crypto economies and distributed ledger technologies. |
| 0:59.4 | In our first two interviews in the fall and winter of 2017, Lehman tackled for us the problem of |
| 1:05.8 | consensus and how the hashcraft team has attempted to solve it with unparalleled |
| 1:10.3 | levels of security and performance. |
| 1:13.5 | In this episode, we explore how they've managed to scale it. |
| 1:17.6 | How does it dare protect itself from Sybil and D-D-D-D-SOT attacks against nodes responsible for validating the ledger and processing transactions. |
| 1:26.8 | What is so unique about Hadera Sharding implementation that allows for smart contract execution |
| 1:32.3 | across multiple shards processing hundreds of thousands of |
| 1:35.8 | transactions per second at near zero latency. Is it possible that we may have |
| 1:41.2 | finally arrived at a solution to scale for distributed consensus |
... |
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