Chapter
The Future of the Internet and Video Games with Trusted Hardware
2:15:30 - 2:19:42 (04:12)
The ideas of off-chain data and trusted hardware can revolutionize the way we put the internet together and bring ownership to virtual items outside of gaming companies like Blizzard. Additionally, trusted hardware can help secure access to sensitive information online.
Clips
The instability of algorithmic stablecoins is a risk factor to consider.
2:15:30 - 2:16:50 (01:19)
Summary
The instability of algorithmic stablecoins is a risk factor to consider. These coins base their value on the aggregation of various exchanges and can easily become mispriced, leading to market failure.
ChapterThe Future of the Internet and Video Games with Trusted Hardware
Episode#192 – Charles Hoskinson: Cardano
PodcastLex Fridman Podcast
The implementation of off-chain data can transform the internet into a core knowledge base that is queryable and integrable, similar to the technique used by Wolfram Alpha but on a larger scale.
2:16:50 - 2:19:42 (02:52)
Summary
The implementation of off-chain data can transform the internet into a core knowledge base that is queryable and integrable, similar to the technique used by Wolfram Alpha but on a larger scale. This idea can motivate people and provide a lot of profit, but the possibility of video games with player-owned items outside of Blizzard is still uncertain.