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026: TrueBit – Blockchain Verification on Steroids with Jason Teutsch

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Manage episode 198107964 series 1445891
Content provided by Frederick Munawa. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frederick Munawa or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jason Teutsch is a mathematician (PhD) and computer scientist whose research focuses on distributed systems, security, game theory, and algorithmic randomness.

Jason is also the founder of TrueBit - a scalable verification solution for Blockchains.

In this episode, Jason and I discuss:

  • The computational limitations of Ethereum smart contracts
  • The definition of smart contract (hint: it’s not the same as a legal contract), gas, and the gas limit on Ethereum
  • The “Verifier’s Dilemma,” a situation whereby Blockchain miners have little to no incentives to verify transactions (which is the problem TrueBit solves)
  • Use cases for TrueBit, including LivePeer – a decentralized video streaming platform, AI, “Interactive ICOs,” and much more
  continue reading

47 episodes

Artwork
iconShare
 
Manage episode 198107964 series 1445891
Content provided by Frederick Munawa. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frederick Munawa or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Jason Teutsch is a mathematician (PhD) and computer scientist whose research focuses on distributed systems, security, game theory, and algorithmic randomness.

Jason is also the founder of TrueBit - a scalable verification solution for Blockchains.

In this episode, Jason and I discuss:

  • The computational limitations of Ethereum smart contracts
  • The definition of smart contract (hint: it’s not the same as a legal contract), gas, and the gas limit on Ethereum
  • The “Verifier’s Dilemma,” a situation whereby Blockchain miners have little to no incentives to verify transactions (which is the problem TrueBit solves)
  • Use cases for TrueBit, including LivePeer – a decentralized video streaming platform, AI, “Interactive ICOs,” and much more
  continue reading

47 episodes

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