Blockchains and block explorers make it easier to index information than the open web and social networks because they have an open state database in addition to open source code. Indexing the open web is difficult due to the sheer number of websites.
The evolution of computing is leading towards blockchains democratizing data and governance. The conversation also delves into the future of money and the shift towards currency governed by the commons rather than fiat government.
The modularity of blockchain design allows for the easy integration of new features such as secure cadmium or different consensus protocols, resulting in faster experimentation and implementation of ideas.
The interviewer describes a strange encounter with a potential blockchain developer job candidate who appeared to be avoiding direct questions and repeating buzzwords instead.
Blockchain technology was essential in solving the Silk Road case as it enabled the authorities to obtain critical records and trace stolen Bitcoins, including those transferred to a bankrupt Japanese exchange, which uncovered evidence of a secret service agent's fraudulent activities and theft of 25,000 Bitcoins.
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.
