Crazy Wisdom
How long does delusion traditionally outlast sanity? - Aaron Lowry
- Money & Sovereignty
- Crypto & Decentralization
- blockchain
- cardano
- decentralization
- ethereum
- cryptocurrency
About this episode
Aaron Lowry (https://twitter.com/Aaron_Lowry)
- Why are you interested in Cardano?
- Why didn’t you switch to ETH and stay with Classic?
- What are the main challenges to build decentralized systems?
- With functional governance?
- How does verifiability contribute to more challenging programming issues?
- What was the Ethereum schism between classic and ETH?
- With the unilateral move to create a new ETH chain we see the first centralization
- Cardano is centralized in explicit ways through the initial token sale, the corporate structure, and the nodes
- It starts out centralized but they have a roadmap to get to centralization
- What are the differences between a proof of work Bitcoin and a proof of stake system? What does a smart contract system need that bitcoin doesn’t?
- What happened when ETH moved to proof of stake?
- Why is energy so fundamental to utility?
- What is the market cap of Cardano?
- What are the compromises of ETH?
- What is slashing?
- How fast is Cardano?
- What are stake pools?
- What is trust minimization? Why is it so integral to a blockchain?
- Does Cardano validate things locally?
- Will AI make it easier to host hardware servers?
- What limits peer-to-peer networks?
- The market seems to always go towards convenience, which compromises so many things. What are those compromises?
- Can you argue with physics?
- How long does delusion traditionally outlast sanity?
- How do you build something that lasts when structurally the incentive is to build something that doesn’t?
- What is the difference between accountability and scapegoating?
- How can you reality-check with others while there are contradictions embedded within communication?
Episode transcript
Welcome to the Crazy Wisdom Podcast. This podcast is for you. If you have an insane drive to find the truth of things, it's not the good answers that we seek, but the good questions. I interview a range of different guests from many different fields, all with the intention to uncover the simple truths that are hidden in plain sight. Most people don't want to go there. I go there, my guests go there, and you benefit. Please let me know if you enjoy these episodes and as always, subscribe on itunes, Spotify or wherever you listen to the podcasts. Welcome to the Crazy Wisdom Podcast. My guest today is Aaron Lowry. This is the second time that I've been interviewing Aaron. Aaron always contributes a lot to the basic principles of building things. And so whenever I have questions on Twitter, he usually answers them with insightful responses about how to build things. And today he's been talking about Cardano. And as I've seen more and more about Ethereum, kind of becoming. Becoming clear that it's more centralized. I'm interested to find out if there is a smart comp, smart platform contract that can maintain the principles of decentralization. Welcome to the show, Aaron.
Hey, thanks for having me. It's great to talk again and I'm looking forward to the conversation. Cool.
I so when, when I first began working in blockchain in public blockchain, it was with Ethereum Classic and building hardware for hosting for you know, like little convenient self hosted node hardware. And one of the node clients that we supported was the Mantis client which was built by iohk, which is now iog, who are the. Which is the corporation led by Charles Hoskinson who launched the Cardano project. So we had actually me and my partner Mike, who had been. Who were doing that project. We met Charles up in Vancouver at the Ethereum classic summit in 2019. And so we had some interaction …
Your first full transcript is free. After that, an email opens every transcript in the index — a list of readers we can write to, not a guest book.