The speaker discusses forking the blockchain, quantifying trust, and reputation as a way to work around the pulling up the ladder effect of social media censorship, specifically Facebook and Twitter. The speaker encourages using the First Amendment case law as an external standard rather than having the power to decide who has access to the public forum.
The key difference between proof of work and proof of stake is that proof of stake is an automated process that identifies specific participants, whereas proof of work requires human intervention to select specific participants. However, a potential drawback is the community's ability to coordinate if an attack occurs that requires choosing one of many minority forks.
The interviewer describes a strange encounter with a potential blockchain developer job candidate who appeared to be avoiding direct questions and repeating buzzwords instead.
The two families of scaling in blockchain are Layer 1 and Layer 2. Layer 1 scaling aims to improve the blockchain itself, while Layer 2 scaling involves creating protocols that sit atop the blockchain and utilize it in more innovative ways to ensure the same level of security as a blockchain.
A new blockchain app called Peach or Lemon allows teens to securely connect with each other and has garnered attention from major brands like McDonald's, Panda Express, and Pacsun for advertisement opportunities.
Citidao aims to create a decentralized on-chain city that utilizes blockchain technology to speed up transactions, reduce bureaucracy, and make land use transparent. The next steps for Citidao include voting on what gets built on the land and who gets to use it when, all through smart contracts.
This podcast discusses the potential of using blockchain technology to solve the issue of ticket stub fraud in the concert industry, where fake tickets and scalpers continue to be a problem.