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Hidden Forces

Lemon Baird | the Future Is Not Blockchain. It's Hedera Hashgraph

Hidden Forces

Demetri Kofinas

Business, Government

4.81.6K Ratings

🗓️ 16 October 2017

⏱️ 53 minutes

🧾️ Download transcript

Summary

In Episode 22 of Hidden Forces, host Demetri Kofinas speaks with Leemon Baird, the inventor of Hedera Hashgraph, a new, distributed ledger technology poised to disrupt the entire ecosystem of blockchain-based applications and cryptocurrencies.

Leemon Baird is the Co-founder and CTO of Swirlds Inc. With over 20 years of technology and startup experience, he has held positions as a Professor of Computer Science at the Air Force Academy, Adjunct Professor at multiple other prestigious universities, and as a senior scientist in several labs. He has been the co-founder of several startups, including two identity-related starts-ups with successful exits. He received his Ph.D. in Computer Science from Carnegie Mellon University faster than any student in school history (2 years, 9 months), has multiple patents and over 100 publications in peer-reviewed journals on computer security, machine learning, and mathematics. He regularly keynotes on these topics at conferences.

In this conversation, our audience will get a first-hand look at what may become the future of the Internet. Hashgraph is a revolutionary new distributed ledger technology with patented properties. The claims are that it is fast (100,000's transactions per second pre sharding), fair (mathematically proven fairness with consensus timestamping) and secure (asynchronous Byzantine fault tolerant). These properties could expand decentralized use cases to complex markets, auctions, crypto-currency micropayments, live games (even MMOs), and much more.

The company has secured early funding and has been adopted by credit unions, payment providers and is currently in due diligence phases with large banks.

Demetri will be moderating a panel with the CEO and Founding Team at The Assemblage (114 E. 25th St. New York, New York 10010) this Thursday, Oct. 19, from 7:00-9:30 pm. Seating is limited. You can RSVP here.   

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

Join the conversation on FacebookInstagram, and Twitter at @hiddenforcespod

Transcript

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0:00.0

What's up everybody?

0:01.0

What's up everybody?

0:09.0

What's up everybody?

0:10.0

Welcome to another episode of Hidden Forces with me

0:13.4

Dimitri Kofinus. Today I speak with Lehman Baird, the inventor of hashcraft, an

0:19.7

entirely new distributed ledger technology with the potential to displace the entire ecosystem of

0:26.0

blockchain-based applications including cryptocuracies, smart contracts, and just about anything

0:32.0

else you can imagine.

0:34.0

Lehman is a genius.

0:35.5

He set the record at Carnegie Mellon for the fastest ever PhD achieved in computer science

0:41.3

clocking out at only two years nine months. He has over 20

0:45.4

years of technology experience co-founding several startups with two successful

0:50.7

exits. He has multiple patents and is published in peer review journals and

0:55.5

conferences in computer science, machine learning and mathematics. In this episode, we get a

1:02.0

first-hand look at what may be the future of the internet.

1:05.8

Hashcraft is a distributed ledger like no other, able to scale faster, safer and fairer than its blockchain competitors, the assertions made by its inventor

1:16.3

and confirmed by its early success with credit unions, payment providers, and processors

1:22.4

are astounding.

1:24.3

In this nearly hour long conversation with the algorithm's creator, we learn how he purports to have

1:30.0

solved the problem of scalability with significantly improved throughput, security, and fairness, all while eliminating the need for conducting the type of costly mathematical computations inherent in Bitcoin's proof of work and without relying

1:45.8

on any of the slower, less secure and ultimately unproven solutions that have been proposed

1:51.7

by the larger blockchain community.

...

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