Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Discl… read more
Emin Gun Sirer, Cornell professor, co-director at the Initiative for Cryptocurrencies and Smart Contracts (IC3) and the founder of Ava, talks about the settlement the SEC reached with the founder of EtherDelta, and what that could mean for the coders of decentralized systems. He also puts this action in the context of the history of peer-to-peer sharing and how the government used to prohibit encryption. We also discuss his main takeaway from DevCon4 last week -- hint, maximalism is probably not the future -- and he explains a new consensus algorithm called Avalanche, and how that differs from previous ways to achieve consensus. Then, he gives us a sneak preview of a new coin he is launching, Ava.
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Episode links:
Emin Gun Sirer: http://www.cs.cornell.edu/people/egs/
SEC/EtherDelta settlement press release: https://www.sec.gov/news/press-release/2018-258
SEC order: https://www.sec.gov/litigation/admin/2018/34-84553.pdf
CFTC Commissioner Brian Quintenz's speech discussing how they would prosecute illegal prediction markets and how coders could be liable: https://www.cftc.gov/PressRoom/SpeechesTestimony/opaquintenz16
Unchained episode discussing whether coders would be liable: http://unchainedpodcast.co/reflections-on-the-10-year-anniversary-of-the-bitcoin-white-paper-ep90
DevCon4: https://devcon4.ethereum.org
Avalanche white paper: https://ipfs.io/ipfs/QmUy4jh5mGNZvLkjies1RWM4YuvJh5o2FYopNPVYwrRVGV
Ava: https://m.facebook.com/story.php?story_fbid=2629017553989259&id=1801780960046260
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