meta_pixel
Tapesearch Logo
Log in
Unchained

Not Sure a Cryptoeconomic System Will Work? Gauntlet Can Help - Ep.124

Unchained

Laura Shin

Tech News, Business News, News

4.61.3K Ratings

🗓️ 18 June 2019

⏱️ 75 minutes

🧾️ Download transcript

Summary

Tarun Chitra, cofounder and CEO of Gauntlet, describes how his company enables crypto teams to run through simulations to see how their design choices will affect the project once it is trading. Using the cofounders' background in quantitative finance and high-frequency trading, Gauntlet uses tools from behavioral economics as well as game theory, plus real-world information such as exchange data to model outcomes after 100,000 blocks. We discuss how it makes its assumptions, how proof of stake differs from proof of work, and how the initial token distribution can affect the eventual concentration of tokens. He also reveals what design choice tends to have the greatest impact, as well as what main factor crypto teams aren't  thinking about that they should be. Plus, he talks about his involvement in the launch of Facebook's Libra project, and gives us his thoughts on the design choices Facebook made regarding the consensus algorithm, programming language and the structure of the coin. See the full show notes on Forbes! http://www.forbes.com/sites/laurashin/2019/06/18/how-to-make-cryptoeconomics-work-in-live-trading/ Take the Unchained Podcast survey! Help make Unchained better! Take our survey and enter the giveaway for a free Bitcoin lightning node and a yearlong Casa Gold membership, — including a multisig security app for iPhone and Android, a Trezor hardware wallet, a Casa faraday bag, and 24/7 support! https://www.surveymonkey.com/r/unchainedsurvey2019 Thank you to our sponsors! Kraken: https://www.kraken.com CipherTrace: http://ciphertrace.com/unchained Episode Links: Gauntlet: https://gauntlet.network Tarun Chitra: https://twitter.com/tarunchitra?lang=en Gauntlet blog posts: https://medium.com/gauntlet-networks?source=logo-23cfbaf25c9a Unchained episode with Olaf Carlson-Wee of Polychain from Consensus 2019: https://unchainedpodcast.com/to-the-moon-and-back-with-polychains-olaf-carlson-wee/ Zero Knowledge podcast episode with Tarun Chitra: https://www.zeroknowledge.fm/61 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Make match days easy with Google Pay.

0:03.0

When the last train before kickoff leaves in five,

0:05.0

tap in with your Android phone to catch it.

0:09.0

No stress.

0:12.0

And if the cue for the merch store means extra time, tap to pay faster than you can say,

0:17.8

come on England.

0:19.8

Fast, safe, simple. Match days made easy with Google Pay. Add a card to your Google Wallet. At EON Next, we believe life's better when you know you can get your hands on discounts across a range of home energy solutions, like boilers and solar panels, so you can treat your home to a bit of future proofing. We think that makes energy a little bit better.

0:45.5

And that's why we're always working towards helping you get more out of your energy.

0:50.2

So visit eon next.com today. Discounts available to eon next customers and 31st of December

0:55.2

2023. Teas and sees eligibility criteria and geographical restrictions apply. Hi everyone, welcome to Unchained, your no-hype resource for all things crypto.

1:08.0

I'm your host, Laura Shin.

1:10.0

You may have heard, Unchained is doing a survey.

1:13.4

We want to know, how do you think we can make the show better?

1:16.8

How would you like to see Unchained expand?

1:19.1

If you could just take a moment and go to survey monkey.com slash our

1:23.4

unchanged survey 2019.

1:26.0

Again, that survey monkey dot com slash

1:28.3

our slash unchanged survey 2019.

1:32.0

Your answers will be a huge help to me and my team here at

1:35.0

Unchained. Also those who answer the survey can enter to win one of five

1:40.1

free CASA Bitcoin Lightning notes plus a free year of Kosa's gold membership, including

1:46.3

a multi-six security app for iPhone and Android, a Treser hardware wallet, a Kosa

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.