Chapter
The Challenges of Large Projects in the Crypto World
51:21 - 58:26 (07:05)
The crypto world is not immune to the challenges of managing large projects, such as infighting over a project's structure, profit status, and financial contracts, despite the well-intentioned nature of most people involved.
Clips
After recognizing some inefficiencies with Coinbase's futures contracts, a university student developed a programming language that would allow users to write their own contracts for difference.
51:21 - 54:07 (02:45)
Summary
After recognizing some inefficiencies with Coinbase's futures contracts, a university student developed a programming language that would allow users to write their own contracts for difference. Despite initial skepticism from Coinbase, the project eventually evolved into a fully-fledged proposal.
ChapterThe Challenges of Large Projects in the Crypto World
Episode#80 – Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money
PodcastLex Fridman Podcast
The founder of Ethereum, Vitalik Buterin, discusses the unexpected challenges that arose when he released the white paper for the cryptocurrency and the subsequent development process that required overcoming social and software engineering challenges.
54:09 - 55:42 (01:33)
Summary
The founder of Ethereum, Vitalik Buterin, discusses the unexpected challenges that arose when he released the white paper for the cryptocurrency and the subsequent development process that required overcoming social and software engineering challenges.
ChapterThe Challenges of Large Projects in the Crypto World
Episode#80 – Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money
PodcastLex Fridman Podcast
Managing decentralized projects can prove to be challenging as different people may have varying agendas and intentions.
55:42 - 58:26 (02:44)
Summary
Managing decentralized projects can prove to be challenging as different people may have varying agendas and intentions. Decentralization helps to mitigate power dynamics and egos but it requires finding people who are primarily interested in building the technology.