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Finding Genius Podcast

Wyatt Meldman-Floch And Brendan Playford – Cto And Ceo At Constellation – Solving Scalability Issues

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 22 May 2018

⏱️ 36 minutes

🧾️ Download transcript

Summary

Everyone is aware of Ethereum's issues with scaling. Enter Constellation – a solution. Constellation is offering a vision for a better, independent protocol that relies on a horizontally scalable directed acyclic graph, or DAG. Over a year ago, Constellation began using a new kind of architecture building an original blockchain on Ethereum with DApp, from the ground up.
Constellation aims to speed up transactions to be several thousand times faster than traditional blockchains, where every single transaction requires a very complicated protocol. The way in which Constellation has built their blockchain with horizontal scalability, the more nodes that are on the network, the faster the blockchain becomes. Constellation uses Proof-of-Meme consensus and nodes are incentivized when they behave properly and link to other nodes in a geographical area.
In this interview CTO, Wyatt Meldman-Floch, and CEO, Brendan Playford explains why scalability is the crucial component to mainstream adoption of decentralized ledgers, why traditional blockchains won't be able to keep up and why they want to make nodes available to the average person.
For more information: https://constellationlabs.io/

Transcript

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0:00.0

Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.

0:07.8

Future technologies, ways to transform our lives for better or worse, are the focus of this podcast.

0:13.4

Almost here means these technologies are now here and starting to be used, or just around the corner.

0:19.5

From Bitcoin to artificial intelligence, 3D around the corner, from Bitcoin to artificial intelligence,

0:21.9

3D printing, blockchain, virtual reality, and more.

0:32.4

Coming to Dallas, Texas, September 14th, 15th, and 16th, 2018, the Blockchain and Future Tech Expo.

0:40.3

This is going to be a gigantic conference of over 5,000 people. We're going to be talking about

0:45.8

blockchain and its applications. We're going to be talking about quantum computing, cybersecurity,

0:51.4

artificial intelligence, and several other future technologies that are poised to and

0:56.6

actually changing our lives as we speak.

0:59.0

Here's why you should attend.

1:01.0

As you may know, early adopters are the ones that investigated and profited from things like

1:06.0

the gold rush in the 1800s, from the dot-com boom in the 1990s, from the internet boom in 2005, from the smartphone explosion in the 1800s from the dot-com boom in the 1990s and the internet boom in 2005 from

1:13.4

the smartphone explosion in 2007 from the real estate boom that ended in 2008 and of

1:19.2

course from the Bitcoin boom that started in 2012 early adopters act now they

1:24.6

don't wait till later they go out west first and they're covered wagons. They find the biggest gold nuggets.

1:30.3

If you consider yourself an early adopter and you want to find the biggest nuggets, then you owe it to yourself to attend this upcoming conference.

1:37.3

Blockchain is going to affect how we control and store our medical data, how we send money around the world, how we bank, and more.

1:46.0

But artificial intelligence, quantum computing, and cybersecurity will play a pivotal role in our lives as well.

1:52.0

And that's why our next event, September 14th to the 16th at the Dallas Convention Center,

1:58.0

is going to have not only 5,000 plus attendees, but will showcase blockchain,

2:02.6

AI, cybersecurity, quantum computing, and more.

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