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15 results for “blockchain”
...the blockchain itself on a network. I'm sure this is very confusing. But for listeners who don't know, like, a blockchain is a ledger. And you could imagine like, you live in Brooklyn. So imagine that everybody on your block in Brooklyn all lived in
20:06 / 21:19
from transcript20:06 – 21:19
...what a blockchain is, it's a cryptographically verifiable feed. That's in a sense what Bitcoin is. Right? What a blockchain is, it's a stream of events similar to Twitter or any other event based feed, except it's got much harder cryptographically ve
1:10:58 / 1:12:24
from transcript1:10:58 – 1:12:24
then it's spent. The next transaction is void. Like, if I were trying to give somebody a paper $100 bill, well, the first person who gets it, they've got it. Yep. And, of course, the way that this actually works, we talked about public key encryption
38:03 / 40:04
from transcript38:03 – 40:04
...blockchains like Solana can actually process now more than a billion transactions in a day at an average cost of less than a penny per transaction. The tech is finally ready. The tech alone though is not enough. We need a regulatory alignment as well
3:47 / 4:46
from transcript3:47 – 4:46
...The blockchain does the clearing. So how does that work? Can somebody just write it down? Which is a problem similar to, like, when the ABS market came into existence.
10:29 / 11:30
from transcript10:29 – 11:30
to this ledger. Right. He's basically saying there there's a there's a whole set of people out there who, you know, have decided they wanna host, you know, on their computer the entire transaction history, and they're gonna do some work to verify. Th
40:29 / 41:32
from transcript40:29 – 41:32
...as a blockchain, except that instead of people in your village, it's just all these anonymous computers all around the globe that are collecting these transactions. And every twenty four hours in the example of the village or every ten minutes in the
20:59 / 22:07
from transcript20:59 – 22:07
...blockchains, the hardware commodities, these are people who run like, the mining miners, for example, or validators in the blockchain context don't have any power over the software that runs on top. And that's what makes a blockchain unique,
31:30 / 32:31
from transcript31:30 – 32:31
...blockchain evidence was used to show that someone had a patent that was invalid because somebody had posted something very similar to it many years ago so you could use the hash to show they had priority. Does that make sense? Right? Yep. So there's
1:22:23 / 1:23:32
from transcript1:22:23 – 1:23:32
...a blockchain platform that would be inherently scalable so that no matter how many users or transactions there are, it would split into smaller pieces, which we call short chains, and would still process all transactions. And he thought for a few day
3:53:16 / 3:54:15
from transcript3:53:16 – 3:54:15
crypto today is actually the number four stock exchange in the world in terms of volume. Number one, NYSE, number two, Nasdaq, number three, Shenzhen, number four, Crypto. And it's rising fast. The thing that has held it back for almost fifteen years
1:40:31 / 1:41:31
from transcript1:40:31 – 1:41:31
and in a way that could actually be more efficient than a cloud by virtue of using capacity that otherwise would just go idle and unused. It's just capacity that's locked away in all of these, like, pockets that are removed and not in one particular
25:29 / 26:34
from transcript25:29 – 26:34
...blockchains or or really having technologists that are studying the contracts and the code. But I don't think there's any reason we can't have this technology as built here in America. I agree with that. And from, from my point of view, there are so
10:18 / 11:30
from transcript10:18 – 11:30
What has been the killer app that's made all the block chain technology not technology in search of a use case is common critique? There's one clear answer to this question that transcends above everything else, at least today, and it's stablecoins.
14:59 / 16:04
from transcript14:59 – 16:04
...them blockchains couldn't actually scale to support internet capital markets. No one in this room is going to wait two minutes to send the transaction and pay $20 in gas fees on Ethereum.
2:58 / 4:05
from transcript2:58 – 4:05
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